RHB

WikiFX | 2024-12-09 18:24

Abstract：RHB Investment Bank Berhad is a Malaysia-based financial entity who has more than 50 branches all over the country. It offers futures trading mainly in indices and commodities, as well as financing services to clients. Islamic broking services are also available for those who need to comply Sharia laws. Moreover, the firm offers a video gallery with all kinds of topics to equip traders with necessary knowledge for successful trading.

RHB Review Summary
Founded	1983
Registered Country/Region	Malaysia
Regulation	SFC (Revoked)
Trading Products	Future indices, commodities
Services	Share Margin Financing, Foreign Shares Financing, Descretionary Financing, Employee Share Option Scheme (ESOS) financing, Initial Public Offering (IPO) Financing
Trading Platform	RHB Share Trading
Customer Support	Tel: 03-2113 8118; +603 – 7890 4700
	Fax: +603 – 7890 4670
	Email: support@rhbgroup.com
	Registered address: Level 10, Tower One, RHB Centre, Jalan Tun Razak, 50400 Kuala Lumpur, Wilayah Persekutuan, Malaysia
	Contact details for branch offices: https://www.rhbinvest.com/locate_us.html

RHB Information

RHB Investment Bank Berhad is a Malaysia-based financial entity who has more than 50 branches all over the country. It offers futures trading mainly in indices and commodities, as well as financing services to clients. Islamic broking services are also available for those who need to comply Sharia laws. Moreover, the firm offers a video gallery with all kinds of topics to equip traders with necessary knowledge for successful trading.

However, one thing worth noting is that the company operates under the regulatory status of SFC revoked, indicating imcompliance with the authority.

Pros and Cons

Pros	Cons
Many years' industry experience	Revoked SFC license
Diverse financial services
Comprehensive customer support

Is RHB Legit?

RHB claims to be regulated by SFC (Securities and Futures Commission of Hong Kong) with licenses numbering at AMF103. However, the license status is “Revoked”, indicating that the broker might have violated the institutions rules or failed to meet the regulatory requirements. This cast taints on its credibility and legitimacy.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License Number
	SFC	Revoked	RHB Futures Hong Kong Limited	Dealing in futures contracts	AMF103

Trading Products

RHB's product portfolio includes Bursa Malaysia derivatives such as Crude Palm Oil Futures and Gold Futures, along with an expanding array of foreign futures contracts like E-Mini S&P 500, FTSE China A-50 Index, and E-Mini Crude Oil Futures.

Fees/Interest Rates

Service	Facility Fee	Interest Rate
Share Margin Financing	❌	Package-specific; no rollover fees
Foreign Shares Financing	≥ 0.50% of Facility Limit (payable upfront)	SBR (3.00%) + 2.30%, min 4.55% p.a.
Discretionary Financing	Customised	Customised based on portfolio and strategies

Trading Platform

RHB offers a web-based trading platform called “RHB Share Trading”, with app version available on both iOS and Android phones to trade anywhere, even on-the-go.