Webull Malaysia debuts with zero commission trades campaign

Webull Securities (Malaysia) Sdn. Bhd. (“Webull Malaysia”) today announced the launch of the renowned global trading platform, Webull, in Malaysia. The platform is designed to cater to investors of all experience levels, providing access to trade Bursa Securities, Bursa Derivatives, and US-listed stocks and exchange-traded funds (ETFs) via the Webull Malaysia app.

In April, Webull Malaysia secured a Capital Markets Services License for Dealing in Securities (restricted to listed securities) and Dealing in Derivatives from the Securities Commission Malaysia, positioning it well to enter the local market.

The launch of Webull Malaysia aligns with Bursa Malaysia’s ongoing efforts to enhance growth and participation from retail investors, particularly among the younger generation. As of Q1 2024, local retail investor participation in the securities market was at 22%, while the derivatives market saw 17% participation for FKLI and 25% for FCPO.

Advanced Technology and Real-Time Market Insights

Webull Malaysia’s platform is built on state-of-the-art global infrastructure and proprietary technology from Webull. It offers a comprehensive suite of real-time quotes, market information, financial news, industry data, insights, and analyst ratings from trusted sources, all accessible through a single touchpoint to aid investors in making informed decisions. Additionally, the platform features a Shariah indicator to help investors determine the Shariah-compliance status of stocks before trading.

“We are excited to introduce Webull’s technologically advanced digital investment platform to the growing investor community in Malaysia. Our expansion into the country brings equal opportunities for all investors, irrespective of their investment or trading experience. Making investing more inclusive and accessible to all, Webull Malaysia brings best-in-class tools and information to empower investors of all levels with knowledge and skills to help them make better investment decisions and achieve their investment goals,” said Kenneth Chan, Chief Executive Officer, Webull Malaysia.

Commitment to Financial Education

Recognizing the crucial role of financial education and literacy in responsible investing, Webull Malaysia adheres to its Learning, Sharing, Investing philosophy. Investors on the platform will have access to a wealth of educational resources and tools through Webull Learn. This feature offers on-demand content, including explainers of investment terminology, best practices, and how-to guides. Investors can also practice their trading strategies using Paper Trading, an in-platform simulator that allows buying and selling without real money.

“Technology is the core of our business, and we are committed to synergising technology with finance to provide secure, reliable, and intelligent products and services within a seamless trade experience. Through advanced trading tools and services, best-in-class learning resources and shareable content on the Webull Malaysia platform, investors can grow in their investment journeys in a supportive environment. With these, we expect to reduce the barriers to invest faced by investors in Malaysia and aim to encourage people to build longer-term savings through investment opportunities,” added Kenneth.

In celebration of its launch, Webull Malaysia offers zero commission on tradeable Bursa-listed stocks, US-listed stocks, and ETFs for 180 days from the opening of a Webull Malaysia account. Additionally, investors participating in the launch sign-up campaign stand a chance to secure five Apple shares.

The Webull Malaysia app is available in both Bahasa Malaysia and English and can be downloaded from the Apple App Store and Google Play Store.