In 1984, the company started as Seberang Securities Sdn. Bhd. Four years later, the name was changed to Mercury Securities Sdn. Bhd. and the principal office was opened in Butterworth, Penang. Mercury Securities acquired the business and licence of PTB Securities Sd. Bhd. and was authorised to open branches throughout Malaysia in response to the Securities Commission’s call for stockbroking businesses to be consolidated.
What is a share trading account?
If you have a Share Trading Account in Malaysia, you can trade shares with funds from your account (Cash Account). Because traders often acquire and sell assets, usually within the same trading session, their accounts are regulated. The assets in a trading account are kept distinct from those in a long-term purchase and hold plan.
About Mercury StraightThru
Mercury Securities currently offers a trading platform called “Mercury StraightThru”, available via mobile and web. All account and trading information you send over the internet is safe and secure. They use proven encryption technologies such as Secure Sockets Layer (SSL), Firewall, and Pin Number to assure the security of data transmission.
Why should I choose Mercury StraightThru?
Their staff of Research Analysts is highly skilled and knowledgeable. To develop investment ideas and thorough research reports for their clients, their analysts actively undertake in-depth analyses of the economy, companies, industry trends, and technology. These are in place to keep their clients up to date on market developments to make more educated investment decisions.
Their research reports can be seen on the websites of Bursa Malaysia, Bloomberg, and FactSet. Their Senior Analysts are also frequently interviewed by English and Chinese media (Business Times, The Star, The Edge, Focus Malaysia, and others) to comment on market changes and critical economic topics.
The membership fee for the subscription to Mercury Online Services is free. You also have the option to change the volume of your orders and withdraw any orders that are not matched. Furthermore, you can keep track of your favourite shares by creating a list and checking in on them regularly. All of your favourite shares will appear on your watchlist. You have the option of adding more shares to your watchlist or removing current ones.
Who can open a Mercury StraightThru account?
Anyone who is Malaysian and above 18 years old.
What is the minimum purchase for a Mercury StraightThru account?
Details regarding this question are undisclosed. Please get in touch with them for more information.
What are the fees of a Mercury StraightThru account?
Membership fees: None
0-100k: 0.42%
>100k: 0.21%
Intraday: 0.15%
Minimum: RM12
What is the process of opening a Mercury StraightThru account?
To use Mercury Online Services to trade online, you must have the following:
Online Agreement and Trading Account
You can obtain a copy of the form above by visiting their website. Fill out the forms, have them witnessed by an Advocate/ Solicitor or a Notary Public, and return them to them.
Central Depository System (CDS) Account
You may request that Mercury mail you a CDS account application form. You must complete and have witnessed it by an Advocate/ Solicitor or a Notary Public before returning it to us. Alternatively, you can ask Mercury to register a nominees qualification account for you within their Nominees Companies category.
Their Dealer will contact you to schedule an appointment to finalise the opening trading account documentation, which must be verified by dealer representatives or authorised by Mercury Securities Sdn.Bhd officer. It takes about 2-3 working days to process your account if there are no issues with your documents.
How do I contact Mercury Securities?
You can contact them through:
Phone: +6043322123
Fax: +6043231813 / +6043312195
Email: mercury@mersec.com.my
Visit to Principal office (HQ):
Ground, 1st, 2nd and 3rd Floor, Wisma UMNO, Lorong Bagan Luar Dua 12000 Butterworth, Seberang Perai
