Some Detailed Information about HLE Futures

General Information & Regulation

HLE Futures (Hong Leong Investment Bank), part of the Hong Leong Group in Malaysia, is a stockbroking house that provides equities, stockbroking, and research, as well as a full range of investment banking products and services to institutions and individuals. HLE Futures 's official website does not show the relevant regulatory information.

Main Products

HLE Futures provides investors with access to Bursa Malaysia Derivatives Exchange's Palm Oil Futures (FCPO), Kuala Lumpur Composite Index (FKLI), and Gold Futures.

HLE Futures Fees

When investors sign up for the online service, HLE Futures claims to charge a monthly platform fee of Rs. 38 for BMD (Bursa Malaysia Derivatives Exchange) products. Traders who trade more than 10 lots per month will receive a rebate in the following month. The platform fee for all products is Rs. 150 per month. If the investor's commission reaches Rs. 600, then a rebate will be received in the following month.

HLE Futures Margin

The margin for index futures on the Malaysian Derivatives Exchange is Rs. 4,000, gold futures is Rs. 700, and crude palm oil is Rs. 4,500. The margin for the Hang Seng Index on the Hong Kong Stock Exchange is Rs. 97,489.

Trading Platform

HLE Futures provides traders with a web-based trading platform as well as a mobile trading platform, with mobile support for Android and Apple.

Deposit and Withdrawal

HLE Futures requires traders to deposit their margin via online bank transfer to either Hong Leong Bank Berhad, Bank Negara Malaysia, or RHB Berhad.