Business and account scope
Sections ↑Kenanga Futures Sdn Bhd offers domestic and global listed derivatives through KDF TradeActive and dealer-assisted execution. Its global-futures FAQ sets out the practical funding and margin deadlines: a USD500 initial deposit, a T+1 call due by 17:00 MYT and potential liquidation from 19:00 MYT.[2][3]
Entity and application
| Item | Details |
|---|---|
| Entity | Kenanga Futures Sdn Bhd, company 199501024398 (353603-X).Source 2 |
| Documents | Identification, selfie, three months of bank statements or payslips, address evidence and Vulnerable Customer Declaration.Source 2 |
| Routes | Online application or downloadable individual form.Source 2 |
Opening funds and permissions
| Item | Details |
|---|---|
| Downloaded-form route | RM3,000 initial deposit, with payment evidence.Source 2 |
| Stamp duty | RM10 on opening.Source 2 |
| Global futures | FAQ states USD500 initial funding, subject to change.Source 3 |
| Existing futures customer | Trading in Specified Exchange Form enables the global application route.Source 3 |
Products and dealing
Sections ↑Platform capabilities and fees
Sections ↑KDF TradeActive
| Item | Details |
|---|---|
| Devices | Computer and mobile; only one login at a time.Source 3 |
| Orders | OCO, trailing stops, scheduled submission and linked entry/profit/stop instructions are described.Source 3 |
| Platform fee | No platform charge is stated; CME live-data charges may still be imposed.Source 3 |
| Account view | Currencies are shown as one base-currency equivalent for monitoring.Source 3 |
Global-futures funding
Sections ↑Deposit and currency process
| Item | Details |
|---|---|
| Evidence | Submit the bank-in slip or transfer proof.Source 3 |
| CME funding | MYR must be converted to USD at the settlement bank’s rate.Source 3 |
| Crediting window | Funds received during 08:30–18:00 MYT operations are updated the same business day; later deposits the next business day.Source 3 |
Withdrawal of global-futures funds
USD withdrawal route
| Item | Details |
|---|---|
| Form | Cash Excess Withdrawal Request Form, specifying currency and amount.Source 3 |
| Cutoff | 10:00 MYT on a Malaysian business day, excluding USD settlement holidays.Source 3 |
| Timing | The FAQ allows up to two days for repatriation and describes MYR conversion on arrival at a Malaysian bank.Source 3 |
Margin-call timetable
Sections ↑Global-futures margin policy
| Item | Details |
|---|---|
| Margin basis | Full margin; the FAQ describes CME initial margin at 110% of maintenance.Source 3 |
| Call deadline | Restore initial margin by 17:00 MYT on T+1.Source 3 |
| Missed call | The FAQ states liquidation at 19:00 MYT.Source 3 |
| Early intervention | Equity divided by margin below 20% permits liquidation at any time, regardless of that cutoff.Source 3 |
Interest and currency shortfalls
| Item | Details |
|---|---|
| Deficit interest | The FAQ refers to the Base Lending Rate, calculated from trade date; obtain the current numerical rate.Source 3 |
| USD excess | No interest is paid on excess USD under the FAQ.Source 3 |
| MYR surplus and USD deficit | Available MYR may be converted to address a CME margin call; any remaining shortfall still needs funding.Source 3 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Kenanga Futures Sdn Bhd
MalaysiaSource 1
No separate licence entry is recorded in this panel.
Dealing desk and support
Sections ↑Contacts
The general RM3,000 opening figure, USD500 global deposit and contract margin are separate requirements. An account may open with the stated deposit and still need more collateral to support a chosen position.[2][3]
Complaints and independent redress
FMOS referral route
| Item | Details |
|---|---|
| Membership | The account entity appears in the current FMOS directory.Source 4 |
| Scope | Eligible direct-loss claims up to RM250,000; investment-performance losses generally excluded.Source 5 |
| Referral | Firm complaint first; FMOS referral within six months of final reply or after 60 days without response.Source 6 |
Sources & further reading
- Kenanga Futures company and service website Kenanga Futures · Accessed 26 Oct 2026
- Kenanga futures opening documents, initial deposit and stamp duty Kenanga Futures · Accessed 29 Oct 2026
- Global futures margin calls and forced liquidation FAQ Kenanga Futures · Accessed 29 Oct 2026
- Current FMOS member directory Financial Markets Ombudsman Service · Accessed 29 Oct 2026
- Eligible disputes and exclusions Financial Markets Ombudsman Service · Accessed 29 Oct 2026
- How to file a dispute and referral deadlines Financial Markets Ombudsman Service · Accessed 29 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.