My Account

Is there a minimum deposit that i need to put in to open a trading account?

There is no minimum deposit requirement to open a trading account with us.

We will only request an RM1 refundable deposit for the purpose of verifying your bank account.

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How long does it take for me to create an account with MIDF Invest?

Account creation is 100% online, and it will take approximately 15 minutes to process your registration.

However, some users might be subject to manual review, in this case, our Happiness Agents will reach out to you to request additional documents to be submitted.

Therefore, we recommend you submit additional documents promptly for faster account registration.

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What does it mean when my account registration status shows “Your Profile is Under Review”?

This could mean one of the items below:

• The image on the Identification card (IC) is not clear
• Further information/documents required to verify your personal details
• Submitted information/documents are incomplete

Should you need more help, please reach out directly to our Happiness Agents through one of the following channels.

1. In-app chat box: Use the Chat Box in-app or web portal  
2. Email: Send an email at hello.midfinvest@midf.com.my

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Can I start trading immediately after I’ve completed my registration?

Upon registration, you will need to deposit funds from your verified bank account into your RM cash account and convert them to USD to begin investing. You will know your account has been registered, when you have successfully verified your bank account and completed the RM 1 refundable deposit.

This process will only take a couple of minutes.

Can I have both conventional and Islamic accounts?

At the moment, you can only have one type of account at any given time. Currently, you cannot switch your account from conventional to Islamic or vice versa.

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Can I open a joint account?

This option is currently not available.

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