The interest rate on deposits was also raised by M+ stock trading trust account.
The M+ stock trading trust account has also increased the interest rate on deposits!
The deposit interest in the stock trading trust account will increase starting on September 21, 2022, according to news released by M Plus. Deposit interest is another benefit of funding a stock trading trust account.
Users can benefit from 1.65% p.a. interest with deposits that are less than or equivalent to RM100,000. Users can earn 1.85% p.a. interest on deposits between RM100,000 and RM500,000. Users who deposit more than RM500,000 are eligible for 2.10% annual interest.
M+ is a Malacca Securities investment platform with over 50 years of expertise in the securities industry. It was founded in 1963 and has partnered with Bursa Malaysia to offer regulated securities trading activities.
You can contact Dexter Chia stockbrokers to open a M+ stock trading account if you’re interested.
Dexter Chia (choose the first option for Online Sign Up for a M+ Online Trading Account): https://linktr.ee/DexterChia
M+ Stock Trading Trust Account Interest
Deposit less than or equal to RM100,000: 1.65% p.a.
Deposit RM100,000 to RM500,000: 1.85% p.a.
Deposit over RM500,000: 2.10% p.a.