IFA - One Stop Mobile Application Solution that Opens Up Top 10 Stock Exchanges

Are you a stock traders/investors?
Do you trade/invest in global shares?

Yes !!!

We're LOCAL investors, but we want GLOBAL exposure!

However, many of us (traders or investors) have been trading global stocks via various platforms including local securities firm, may face the problems as below:

Costly Transaction Fee?

Difficult to Access Global Stocks?

Trading Platform Not Licensed in Malaysia?

Let us introducing International Finance Asia (IFA), a foreign stock trading platform that allows access up to 10 major stock exchanges globally has announced that they are launching their product on 31 st July 2019 to the market and the company prepares for a massive expansion in ASEAN within the next one year amidst the expanding of economy in ASEAN.

ALL-IN-ONE ACCOUNT TO TRADE WORLDWIDE

OPEN UP TO A WORLD OF TRADING POSSIBILITIES WITH SEAMLESS ACCESS TO STOCK EXCHANGES ACROSS THE GLOBE.

Formed in 2017, IFA is set on a mission to be the most sought after stock trading platform in

ASEAN providing reasonable trading fee and easy access to the global market. Unlike the existing stock trading platform, IFA prioritizes in providing education to enable informed trade decisions among their subscribers.

That is why IFA also collaborates with the professional trader in the industry to provide seminars and conferences for their members.

Such access to global markets would normally come with a premium trading fee and various minimum requirements. However, IFA is reasonably priced at USD9.99 per trade or USD0.02 per share (whichever higher) with NO minimum deposit, NO withdrawal fee, and NO hidden charges.

What is so Special about IFA?

1. 10 stock exchanges access including SGX, HKEX, Shanghai Stock Exchange, JPX, London Stock Exchange, Australia Stock Exchange, Toronto Stock Exchange, EuroNext and Nasdaq;
2. Seamless and easy mobile and web-based registration process, and
3. A simple deposit and withdrawal procedures with friendly trading user interfaces.

Can the Platform be Trusted?

International Finance Asia (IFA) is one of the Securities Licensee approved and regulated by the Labuan Financial Services Authority (Labuan FSA). Established on 15 February 1996 under the Labuan Financial Services Authority Act 1996, Labuan FSA is the statutory body responsible for the development and administration of the Labuan International Business and Financial Centre (Labuan IBFC).

Securities Licensee

Special Promotion !!!

You may start to sign up for an account and perform your foreign stock trading from today onwards. As a promotion during the launch period, every user that signs up with the platform before 31 of August 2019 will be offered USD100 trading fee for FREE !!!

To secure this promotion, all you have to do is log on to www.internationalfinanceasia.com (with referer code: 2IABNVJU) and sign up an account today.

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Updated on 31st July 2019
International Finance Asia (IFA) platform officially launched at Ruyi & Lyn, Bangsar Shopping Center. Thanks for having us.

What is "Bursa Anywhere"?

Good news to all local share investors 👍👍👍 
The Bursa Anywhere mobile app has been launched! You can now access to your CDS Portfolio from your mobile device on-the-go - anywhere, anytime.

WHAT IS BURSA ANYWHERE?

Bursa Anywhere is Bursa Malaysia Depository's electronic platform that enables the depositors to access, manage, execute CDS transactions and receive CDS notifications electronically. For the initial phase, depositors can access Bursa Anywhere through the Mobile App only. While for web version will be available by 4Q2019.

DO I HAVE TO PAY TO REGISTER FOR A BURSA ANYWHERE ACCOUNT?

Registration for Bursa Anywhere account is FREE.

Download now and enjoy these features:

Click here to download the app (Apple Store)

Click here to download the app (Play Store)

Click here to download the FAQs.

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[E-Wallet] Money-Back Guarantee by Touch'nGo eWallet?

In a recent study by Nielsen Malaysia on Malaysia’s shifting payment landscape, only 8% of Malaysians have adopted the use of e-wallets. Why? Withdrawing cash from bank ATM not risky? Using credit card not risky? Online banking transactions not risky?

One of the major reasons highlighted as a barrier to cashless adoption is that 46% of Malaysians are concerned about security measures and fraud risks related to digital payments.

What is Money-Back Guarantee?

In order to address this security and fraud risks and to boost consumers confidence, Touch'nGo (TNG) recently rolled out its "money-back guarantee" policy, dubbed as the first-ever safety and security policy for mobile payments in Malaysia

The "Money-back Guarantee" promises full compensation within 5 days if your TNG eWallet is being charged with unauthorised purchases or reload. Their enhanced security features protect you from any risk of losing your eWallet balances through unauthorised transactions:

• Artificial Intelligence & Machine Learning - Track and analyse data to detect and prevent unauthorised transactions
• Human Intervention - Dedicated risk team for further monitoring and strengthening the back-end security system

How to define "unauthorised transactions" ???

An "unauthorised transaction" occurs when the stored value (wholly or partially) is sent from your TNG eWallet account without you authorising it and due to no fault of your own.

Please note that if, however, you authorise/allow someone to access your TNG eWallet account (for instance, provide them with your login information or 6-digit pin) and they conduct transactions without your knowledge or permission, TNG will not be responsible for all the consequences arising from this manner of unauthorised use and such transactions will not be covered under this Moneyback Guarantee Policy.

Is this Feature comes Automatically?

No. If you want to be covered under ‘Money-back Guarantee’ Policy, then you have to:

• Completed your TNG eWallet account upgrade by completing a full verification process and validated by TNG team
• The source of funds for the unauthorised transaction must originate from the your own TNG eWallet account, and;
• You must notify TNG in the manner prescribed herein within 60 days from the date of the unauthorised transaction.

Question: The unauthorised transaction happened on 18 June 2019, I filed my claim on 25 June 2019, but I only verified my account on 1 July 2019. Will I be covered?

Answer:  Yes, the user is covered since the eWallet account has been verified and the claim submission is done within 60 days of the unauthorised transaction date, 18 June 2019. However, the user shall be required to resubmit the claim after the user has verified his or her account.

Click here to Download and Read the full Terms & Conditions.


Related articles that you might be interested to read:

• Why use Touch'nGo eWallet (not the physical card) ???https://financemalaysia.blogspot.com/2019/02/why-use-touchngo-ewallet-not-physical.html
  
• How to get 20% Toll Rebates via Touch'nGo e-wallet ?https://financemalaysia.blogspot.com/2019/02/how-to-get-20-toll-rebates-via-touchngo.html
  
• Why You Must use this App, especially AirAsia traveller?
  https://financemalaysia.blogspot.com/2019/02/why-you-must-use-this-app-especially.html

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2H19 Outlook will be Better for Malaysia?

Dubbed as one of the worst major global markets by Bloomberg, the benchmark FBM KLCI Index has year-to-date (YTD) slipped 1.10% (1H19) to 1,672.13 level, while the rest of global markets recovered and ventured deep into positive territory. 

Factors that topped the list for the less upbeat mood were:

• trade war and global recession fear, which resulted in heightened foreign exit;
• steep correction in crude oil price and ringgit weakness;
• unexciting valuation and corporate earnings growth versus comparable peers; and
• still muddy domestic politics as succession issue remain a key sore point along with many unwanted incidents consistently rocking the power base and the cohesiveness of the ruling coalition.

Outlook of 2H19 will be hinges on these few Hot Topics:

• Trade war between US and China (still...)
• Budget 2020 in October, in anticipation of higher expectation on ruling government to be business-friendly.
• Brexit. Oh no again? Although have cooled down, this will boil over again as the 31st October deadline approaches.
• Possible removal of Malaysia from the World Government Bond Index (WGBI) by FTSE Russell in September (which is unlikely)

In 2H2019, dovish central banks, China’s policy stimulus, resilient consumer demand and technological innovation are set to extend the global economic cycle further and support riskier assets, says HSBC.

According to Affin Hwang Capital research, recent earnings results show that companies in the rubber glove sector are not at significant risk of lower margins from rising production costs. The research house remain positive on the outlook for glove sector. 

Meanwhile, the consumer sector in Asia will stay resilient amid global uncertainty in the second half of the year (2H2019). The sector has been benefiting from rising wages and government incentives in the US and rising private wealth in Asia, says HSBC Private Banking.

Conclusion:

Lack of Strong enough Catalysts for Market Rerating to Higher Level.

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[Insurance] What you need to know about the New Regulations on Investment-Linked Plans? (July 2019)

If you are planning to purchase an Investment-Linked Plan (ILP) insurance policy, then you should take note of the new regulations by Bank Negara that came into effect on 1 July 2019.

In January 2019, Bank Negara released a policy document that set several new requirements that investment-linked insurance providers must adhere to from 1 July 2019 onwards. Why? These requirements were designed with the primary objective of protecting the interests of policy holders.

Continue to read here...

The salient requirements are as follows:

• Implementation of standards on *Minimum Allocation Rates (MAR) to protect the account values of IL policy/certificate owners;
  
  
• Minimum standards on sustainability tests and communication to policy/certificate owners to improve long term persistency of IL policies/certificates and consumer awareness; and
  
  

• Strengthened disclosure standards on product illustration to facilitate more informed decision-making by consumers.

Allocation changes for one of the ILP plans from an insurer.

What does “Minimum Allocation Rate (MAR)”  means?

It refers to the minimum proportion of premiums payable by policy owner/takaful contributions made by takaful participant that is allocated in the unit fund(s) of choice before the deduction of any charges.

What should investment-linked policy owners/takaful participants do?

For existing owners of investment-linked policies/certificates and consumers who have purchased an investment policy/certificate before 1 July 2019, you should:

• Understand the term of your contract and how long your coverage is expected to last, based on the current level of premium/contribution.
• Contact your insurer/takaful operator or agents (insurance/takaful/bancassurance) for further clarification, if necessary.
• Receive a letter from your insurer/takaful operator providing information on sustainability of coverage from 1 July 2019. Please discuss with your insurer, takaful operator or agent (insurance/takaful/bancassurance) on how the information on sustainability of coverage affects the terms and conditions of your contract, and meets your insurance/takaful protection needs.
• Continuously review your protection needs and financial situation, and be aware of any changes to the tenure your coverage is expected to last.
• Understand the options available to manage the investment-linked policies/certificate to meet your needs and discuss them with your insurers, takaful operators or agents (insurance/takaful/bancassurance) where necessary.
• Take appropriate action, if necessary.

Beginning 1 July 2019, for consumers who intend to buy a new investment-linked policy/certificate, you should:

• Understand that the premiums/contributions quoted at point of sale are expected to be sufficient to fund coverage until the end of the contractual term.
• Review carefully the terms and conditions to ensure that they meet your insurance/takaful protection needs.
• Continuously review your protection needs and financial situation and be aware of any changes to the tenure your coverage is expected to last.
• Understand the options available to manage the investment-linked policies/certificate to meet your needs and discuss them with your insurers, takaful operators or agents (insurance/takaful/bancassurance) where necessary.
• Take appropriate action, if necessary.
  
  

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