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HLeBroking: accounts, opening, fees, trading and protection

Hong Leong Investment Bank’s Malaysian share-trading service offers cash-upfront, collateral-based and margin arrangements. This profile distinguishes these account choices, direct versus nominee CDS custody, local versus overseas settlement and the specific limits of Shariah access.

By FXBrokers.ai ResearchOperating status: ActiveSources checked Published Updated
  • Value, Power and Share Margin use materially different cash and collateral limits.
  • Direct and nominee custody change dividends, voting and corporate-action handling.
  • UK access and nominee IPO descriptions conflict across official pages.

Accounts and opening requirements

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The opening form provides a clearer baseline than the mixture of plan names elsewhere on the site. Its three principal choices are shown below; a separate Flexi offer is described afterwards without assuming that every applicant receives it.[1][2]

Reference table01

Principal account choices

Principal account choices
AttributeValue TradePower TradeShare Margin
ModelOwn cash upfrontCollateral-based trading limitApproved financing facilitySource 1
Brokerage ≤RM100,0000.08%; minimum RM80.38%; minimum RM120.38%; minimum RM12Source 1
Brokerage >RM100,0000.08%; minimum RM80.18%; minimum RM120.18%; minimum RM12Source 1
Cash-based limit99% of cash balanceUp to 2× pledged cashUp to 2.5× pledged cashSource 1
Share-based limitNo share multiplier listedUp to 3× accepted collateralUp to 1.5× accepted collateralSource 1
Financing costNo margin loan in this choiceSettlement conditions remain relevantSeparate financing interest appliesSource 1Source 6
Reference table02

Other choices and onboarding

Other choices and onboarding
ItemPublished terms and practical effect
Flexi TradeProduct page: 0.08% within cash value; excess-limit trades use the 0.38%/0.18% bands. Confirm availability and the contracted minimum.Source 2
Minimum age18.Source 3
Individual documentsID/passport and bank evidence; employed applicants provide salary records, with alternative financial evidence for others.Source 3
Signature verificationBranch witnessing or an authorised attesting party.Source 3
Entity applicantsCompanies, societies and co-operatives use the relevant non-individual process.Source 3
DeclarationsPersonal, tax and overseas-investment declarations are part of application; passport fields do not imply universal country eligibility.Source 1
Shariah choiceValue Trade cash-upfront structure; separate eligibility and instrument restrictions.Source 3

View full spreads & trading costs

Products and platforms

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Reference table03

Local and international access

Local and international access
ItemPublished terms and practical effect
Bursa serviceLocal share dealing with charting, mobile access and market research.Source 2
Overseas activationExisting local account plus foreign-facility application and activation.Source 5
Online foreign venuesFAQ lists Singapore, US, Hong Kong, Shanghai and Australia.Source 5
UK inconsistencyProduct page describes online access; FAQ describes dealer execution. Confirm the actual route.Source 4Source 5
Other dealer marketsFAQ also identifies Japan, Thailand and qualifying US OTC access as offline services.Source 5
Excluded account typesForeign facility excludes margin, Pay&Save and Shariah accounts in the FAQ.Source 5

Trading fees and ongoing costs

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Reference table04

Costs beyond the main matrix

Costs beyond the main matrix
ItemPublished terms and practical effect
Local contract costsBrokerage, clearing and stamp duty are separate items.Source 3
CDS openingThe product page quotes the RM10 base depository charge; confirm applicable service tax on the opening invoice.Source 2
Local securities transferFAQ: RM10 per counter plus 8% SST, giving RM10.80.Source 3
Overseas brokerageRequest the current venue/account quotation; no verified universal foreign minimum is substituted.Source 5
Corporate-action handlingNominee instructions can attract administration charges.Source 2
Transfer-cost offer“Zero moving cost” depends on approval, management discretion and conditions. It is not an unconditional cash rebate.Source 2
Legacy tariffThe 1Trade panel has a distinct extended-settlement schedule. Do not apply its gross figures to a newly selected Value or Power plan.Source 2

Orders, execution and risk controls

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Reference table05

Limits, debt and order context

Limits, debt and order context
ItemPublished terms and practical effect
Collateral valuationPledged shares are subject to price caps; advertised multiples are not guaranteed purchasing power for any security.Source 2Source 1
Margin useBursa-listed shares; up to 60% financing under the described arrangement.Source 6
InterestMargin interest is capitalised monthly. No fixed repayment schedule does not mean interest-free borrowing.Source 6
Late local settlementFAQ quotes 8% per annum on the relevant overdue amount.Source 3
Odd lotsOnline web/mobile dealing is supported.Source 3
Foreign settlementUS: T+1; other cited markets: T+2. No automatic contra facility.Source 5
Price dataForeign quotes are delayed; real-time subscription and conditional waivers are separately described.Source 4

Deposits, withdrawals and transfers

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Reference table06

Money and transfers

Money and transfers
ItemPublished terms and practical effect
Deposit ownershipThird-party funding is not accepted.Source 3
Bursa sale cashFAQ: trust credit by 14:00 on T+2.Source 3
Local withdrawalSuccessful requests before 11:00 on working days are due the next working day.Source 3
Foreign settlement currencyRelevant foreign currency; the application gives USD and GBP examples.Source 1
Conversion to MYRRequest during 09:30–14:00 weekdays; allow at least one working day before withdrawal.Source 5
Foreign-currency withdrawalOwn foreign-currency bank account; telegraphic-transfer charges can apply.Source 5
Foreign securities transferObtain the dealer’s instructions and charges; not the domestic CDS fee by default.Source 5

Regulation, custody and protection

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Reference table07

Direct and nominee CDS

Direct and nominee CDS
AttributeDirect CDSNominee CDS
Registered nameClientHLIB Nominees (Tempatan) Sdn BhdSource 2
DividendsClient bank accountBroker trust accountSource 2
Corporate actionsClient handles paperworkClient instructs HLIB; fees may applySource 2
AGMDirect eligibilityProxy nomination requiredSource 2
TransfersOwn or immediate-family account, subject to rulesOwn account onlySource 2
Reference table08

Regulatory and complaint scope

Regulatory and complaint scope
ItemPublished terms and practical effect
Legal entityHong Leong Investment Bank Berhad; the corporate registration is not a securities-licence identifier.Source 1Source 7
Authorisation evidenceUse the SC public records for the exact company and current permissions. This review recovered the lookup route, not a firm-specific status extract.Source 9
Foreign custodyForeign securities use the broker/custodian holding chain, not an individual Malaysian CDS entry for each overseas position.Source 5
Loss protectionNo portfolio-value insurance is established. PIDM’s eligible-deposit rules cannot be relabelled as share-market protection.Source 12
Formal complaintUse the HLIB complaint process before external escalation.Source 8Source 7
FMOSEligible member disputes up to RM250,000, subject to scope and exclusions. Referral generally follows a final decision within six months, or 60 days without a response.Source 10Source 11

Support and account administration

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Reference table09

Contact and security

Contact and security
ItemPublished terms and practical effect
Helpdesk+603 2080 8777; [email protected].Source 7
Foreign night desk+603 2080 8655/8656; published Malaysian-time service 21:30–04:30 on the stated trading schedule.Source 4
Other dealing windowsSeparate day and evening contacts are published; a generic support line should not be assumed to offer 24-hour order execution.Source 4
Lost passwordUse the official recovery route and verified helpdesk; temporary credentials require replacement.Source 3
Blocked accessIdentity verification precedes an unlock; no universal inactivity-fee or automatic closure trigger was established.Source 3Source 7
Shariah conversionFAQ requires closing the conventional trading account and opening the Shariah account; CDS can remain unchanged.Source 3

Research, reporting and additional services

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Reference table10

Research and records

Research and records
ItemPublished terms and practical effect
ResearchHLeChart, Equities Tracker and mobile tools accompany the relevant plans.Source 2
Overseas informationForeign research and delayed/real-time data arrangements have separate service conditions.Source 4
Annual reportsNominee clients request issuer reports through the nominee. This is separate from their trading-account statement.Source 2
Account historyNo verified universal downloadable tax-report format or post-closure access window was established; retain confirmations and ask for required records.Source 7Source 3
AutomationThe reviewed retail pages do not establish a public trading API, native copy mandate or AI execution authority.Source 2Source 4

Company identity and evidence

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This is the Malaysian HLeBroking share service, not the separate futures product. Current application terms take priority as the account-selection baseline, while unresolved UK-access and nominee-IPO discrepancies are visible rather than silently resolved. Account approval, order execution and cash withdrawal were not tested.[1][2][4][5]

The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Hong Leong Investment Bank Berhad

MalaysiaSource 1Source 7

No separate licence entry is recorded in this panel.

Follow the evidence

Sources & further reading

  1. Account application and three principal plans HLeBroking · Accessed 13 Oct 2026
  2. Bursa products and direct/nominee differences HLeBroking · Accessed 13 Oct 2026
  3. Local accounts, settlement and security FAQ HLeBroking · Accessed 13 Oct 2026
  4. Foreign account, payment and custody FAQ HLeBroking · Accessed 13 Oct 2026
  5. Share margin financing service HLeBroking · Accessed 13 Oct 2026
  6. Support and complaint contacts HLeBroking · Accessed 13 Oct 2026
  7. How to lodge a complaint with HLIB HLeBroking · Accessed 13 Oct 2026
  8. Licensed and registered persons: official verification route Securities Commission Malaysia · Accessed 13 Oct 2026
  9. FMOS: jurisdiction and exclusions Financial Markets Ombudsman Service · Accessed 13 Oct 2026
  10. Submitting a complaint to FMOS Financial Markets Ombudsman Service · Accessed 13 Oct 2026
  11. Deposit insurance scope PIDM · Accessed 13 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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