This guide is for Malaysian retail investors who need to re-apply for a stock trading account on the M+ Global platform (Malacca Securities Sdn Bhd, R336). Whether your account has expired or you’re setting up trading access for the first time, these step-by-step instructions will walk you through the process.
How to Re-apply for a MY Stock Trading Account
Step 1: Access the Trading Authority Page
- Open the M+ Global app and tap the “Trade” tab.
- Select “More” from the menu options.
- Navigate to the “All Functions” page.
- Click on “Trading Authority”.
Step 2: Click the Open Button
Once you’re on the Trading Authority page, locate and click the “Open” button to begin your re-application.
Step 3: Select Your Account Type
You’ll be presented with account type options. Choose the type that suits your trading needs, then click “Next” to continue.
Step 4: Enter Your Personal Details
Fill in your personal information as prompted by the form. Ensure all details are accurate and match your identity documents. This is a crucial step for account verification.
Step 5: Provide Your Taxation Details
The system will ask for your tax-related information. Complete this section carefully, as it’s required by Malaysian regulatory authorities for compliance.
Step 6: Review and Accept the Agreement
Read through the terms and conditions of your trading account agreement. Once you’re satisfied, accept the agreement by checking the confirmation box.
Remisier tip: Don’t rush through the agreement terms. Understanding what you’re signing—especially regarding trading limits, fees, and settlement terms—protects you as an investor.
Step 7: Sign the Agreement
Complete the digital signing process by following the on-screen instructions. Your electronic signature confirms your acceptance of the account terms.
Step 8: Complete the RM11 Payment
The final step is to pay the account re-application fee of RM11. Click the “Proceed to Payment” button to be redirected to the eGHL payment gateway.
Follow the instructions on the eGHL payment page to complete your transaction. Once payment is successful, click “Return to Malacca Securities S/B page” to confirm and return to your account.
Key Takeaways
- Re-applying for a MY stock trading account is a straightforward process that takes around 10–15 minutes.
- You’ll need to provide personal information, tax details, and digitally sign the account agreement.
- The re-application fee is RM11, payable via eGHL payment gateway.
- Ensure all personal details match your official identity documents for smooth verification.
- Keep your payment receipt for your records once the transaction is complete.
- If you encounter any issues during re-application, contact M+ Global customer support for assistance.
Frequently Asked Questions
What is the fee to re-apply for a MY stock trading account?
The re-application fee is RM11. This is a one-time payment made during the account setup process via the eGHL payment gateway.
How long does the re-application process take?
The entire re-application process typically takes 10–15 minutes, assuming you have all your personal and tax information ready. Your account should be active shortly after successful payment.
Can I re-apply for a trading account if my previous account has expired?
Yes. If your trading account has expired, you can follow the steps in this guide to re-apply through the Trading Authority page in the M+ Global app.
What payment methods does eGHL accept?
The source article directs you to the eGHL payment page for payment options. eGHL typically supports various Malaysian payment methods, but check the payment gateway during checkout for the most current options available.
Do I need to provide tax details if I’m a new investor?
Yes. Tax details are a mandatory part of the re-application form. This is a regulatory requirement in Malaysia for all stock trading accounts.
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Source: based on the official M+ Global Help Centre (Malacca Securities Sdn Bhd). Fees, hours and procedures are set by Malacca Securities and the exchanges and may change — check the M+ Global app or ask your remisier for the latest.
Disclaimer: This guide is for general information only and is not financial advice.
