CFD Investors

Welcome to Phillip Futures!

Thank you for your interest in becoming our client. Currently, CFDs can only be traded by sophisticated investors (i.e., any person who falls within any of the categories of investors set out in Part 1 of Schedule 6 and 7 of the Capital Market Service Act 2007). CFDs are a complex leveraged product and investors are advised to fully understand the risks associated with CFDs before trading them.

For more information, please read our FAQs.

How to Open a CFD Account

Step 1: Kindly download, complete and sign the Account Opening Form , 2 Sets of Client Agreements, Sophisticated Investor Declaration FormSuitability Assessment Form.    

Step 2: Prepare Required Documents (As stated below)

Step 3: Submit the duly completed Account Opening Form, 2 Sets of Client Agreements, 1 copy of Sophisticated Investor Form, 1 copy of Suitability Assessment Form and Required Documents to us at any of our Investor Centers.

* Note: Evidence of net personal assets or gross annual income may be required to ascertain that investors falls within any of the categories of sophisticated investors for compliance purpose. 

 

The requirements for opening an account are as follows:

Individual Client

INDIVIDUAL ACCOUNT DOCUMENTS REQUIRED MIN. INITIAL DEPOSIT*
                    Malaysians
  1. Completed Application Form
  2. 2 Sets of Client Agreements
  3. 1 copy of Suitability Assessment Form
  4. Certified True Copy (CTC) of NRIC and
  5. Copy of Latest Bank Statement
                       MYR 1,000
                    Foreigners
  1. Completed Application Form
  2. 2 Sets of Client Agreements
  3. 1 copy of Suitability Assessment Form
  4. Certified True Copy (CTC) of Passport and
  5. Copy of Latest Bank Statement
                       MYR 1,000

Mode of Transfer: 

Mode Details
Online Transfer Bank account details       : Malayan Banking Berhad
Account Name                : Phillip Futures Sdn Bhd – CFD
Account No                     : 514012111172

* Note: Phillip Futures only accepts deposits made from bank accounts being the account holder’s name. Supporting document(s) may be required to ascertain the source of funds. Additional document(s) may be require for compliance purpose. 

 

For foreign clients, please call or email us at the contact details below and our Marketing Personnel will assist you soonest possible.

Should you have any enquiries, please contact Futures Marketing at:
Phone: 03-9212 2820 / 03-9212 2828
E- mail: phillipfutures@poems.com.my

 

Risk Disclaimer:
Trading in CFD carry a certain degree of risk and may not be suitable to all investors. You should fully understand the risks involved before you engage in trading these products.

Open an Account

Market News & Reviews