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RM Investment Bank
Malaysia|5-10 years| https://www.rmib.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
White Label
NetherlandsContact
Licenses
Single Core
1G
40G
Contact number
+60 87413780
Other ways of contact
Broker Information
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RM Investment Bank Ltd
RM Investment Bank
Malaysia
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- MalaysiaLFSA (license number: MB/19/0034) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
- The MalaysiaLFSA regulation (license number: 210138BI) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | 200 USD |
| Minimum Spread | from 0 pips |
| Products | 28 currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | (1+) |
| Withdrawal Method | (1+) |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | 200 USD |
| Minimum Spread | from 0 pips |
| Products | 36 currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | (1+) |
| Withdrawal Method | (1+) |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | 200 USD |
| Minimum Spread | from 1.3 pips |
| Products | 36 currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | (1+) |
| Withdrawal Method | (1+) |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | 200 USD |
| Minimum Spread | from 1.3 pips |
| Products | 36 currency pairs, Metals |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | (1+) |
| Withdrawal Method | (1+) |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | up to 1:100 |
| Minimum Deposit | 200 USD |
| Minimum Spread | from 0.01 USD |
| Products | More than 10,000: Indices, CFD on stocks, Forex and ETF, CFDs on Oil, CFDs on Metals |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | (1+) |
| Withdrawal Method | (1+) |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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WikiFX Data provideRM Investment Bank · Company Summary
| Aspect | Information |
| Company Name | RM Investment Bank Ltd |
| Registered Country/Area | Malaysia |
| Founded Year | 2021 |
| Regulation | Labuan FSA |
| Minimum Deposit | 100 USD |
| Maximum Leverage | Up to 100:1 |
| Spreads | As low as 0.0 pips |
| Trading Platforms | MetaTrader 4 (MT4) and MetaTrader 5 (MT5) |
| Tradable Assets | Currency pairs、Stocks、Indices、ETF、Commodities、Metals、Energy commodities |
| Account Types | Prime Account、R Stocks trader Account、Pro Account、ECN Account、Procent Account and Islamic Account |
| Demo Account | Available |
| Customer Support | Phone, online chat, social media |
| Deposit & Withdrawal | Bank Transfer:HWG |
| Educational Resources | Market Analysis & Forecasts;Economic Calendar |
Overview of RM Investment Bank Ltd
RM Investment Bank Ltd is an investment bank operating in Malaysia from 2021 without regulation. It offers a range of trading products through its MetaTrader 4 and 5 platforms, including Currency pairs, Stocks, Indices, ETF, Commodities, Metals and Energy commodities.
Traders can choose from six account types with competitive spreads and leverage up to 100:1. The broker emphasizes customer support, providing multiple contact options and various educational resources.
RM Investment Bank provide clients and partners with a variety of services, which are of the same quality for all, regardless their experience and amount of their investments.
Regulatory Status
RM Investment Bank is unregulated since the Labuan FSA (Labuan Financial Services Authority) revoked its STP.
Pros and Cons
RM Investment Bank has several advantages, including providing demo accounts, multiple trading platforms, a diverse range of tradable assets, and comprehensive customer support. Additionally, the initial deposit is low, and there are no commissions when customers deposit and withdraw.
However, the broker is unregulated, which poses risks for clients. Additionally, the educational resources are limited, and the leverage is low.
| Pros | Cons |
| Diverse range of tradable assets | Unregulated |
| Multiple trading platforms | Low leverage |
| Comprehensive customer support | Limited educational resources |
| Provide demo accounts | Minimum deposit up to 100 USD |
| Deposit and withdraw without commission |
Market Instruments
RM Investment Bank offers 7 types of assets, including Currency pairs, Stocks, Indices, ETF, Commodities, Metals, Energy commodities, and more than 12,000 instruments for clients.
In the Currency pairs market, traders have access to the most liquid of world markets, working 24 hours a day 5 days a week. Additionally, Stocks allow traders to Invest in more than 12,000 Derivatives on stocks of Amazon, Google, Netflix and other famous companies of the United Kingdom, Germany, the USA, and Switzerland
For those interested in Indices, RM Investment Bank provides access to invest in indices on exclusive conditions. Moreover, traders can invest in several assets (stocks, metals, goods, etc.) as one stock by trading a selection of ETF.
Commodities enthusiasts can invest with and get access to more than 100 instruments on a modern platform R StocksTrader. For those interested in Metals, RM Investment Bank provides gold (XAUUSD), silver (XAGUSD) and more than 20 ETFs on platinum, palladium, copper or nickel, while those intrigued by the emerging Energy commodities always have access to investing in Energy resource ETFs and derivatives via any gadget and one of the two most popular platforms in the industry – R WebTrader and R StocksTrader.
With such a wide range of products available, RM Investment Bank caters to diverse trading preferences and offers ample opportunities for traders to explore and capitalize on various financial markets.
Account Types
RM Investment Bank offers six types of trading accounts: Prime Account, R Stocks trader Account, Pro Account, ECN Account, Procent Account and Islamic Account while the Islamic Account is a specific account type created especially for the Clients of Islamic faith, who are not allowed to invest in swaps because of Sharia laws. Each account offers attractive trading conditions and provide a wide range of base currencies to suit the preferences of different traders.
Traders can select the account type that aligns with their trading strategy and enjoy competitive spreads and high leverage for enhanced trading opportunities.
| Account Type | Prime Account | R Stocks trader Account | Pro Account | ECN Account | Procent Account | Islamic Account |
|---|---|---|---|---|---|---|
| Credit line | Up to 1:100 | Up to 1:100 | Up to 1:100 | Up to 1:100 | Up to 1:100 | It‘s a specific account type – Islamic Swap-Free accounts. Instead of the swap, the owners of Swap-Free accounts are charged a fixed commission, which depends only on the type of currency pair and number of open lots, but not on the issuing banks’ interest rates. This account type was created especially for the Clients of Islamic faith, who are not allowed to invest in swaps because of Sharia laws. |
| Spreads | From 0.0 pips | From 0.01 USD | From 1.3 pips | From 0.0 pips | From 1.3 pips | |
| commission | Commission for the volume of 1 million USD | US stock derivatives ：0.02 USD per shareEuropean stock derivatives： 0.07%Currencies ：15 USD per 1 million base currencyIndices ：Variable | Commission for the volume of 1 million USD is not available | Commission for the volume of 1 million USD | Commission for the volume of 1 million USD is not available | |
| Investment instruments | 28 Currency pairs, Metals, and Derivatives (US Stocks, Indices, Oil) | Over 12,000 Stocks, ETFs and Derivatives (Currencies, Indices, Energy, Metals) | 36 Currency pairs, Metals, and Derivatives (US Stocks, Indices, Oil) | 36 Currency pairs, Metals, and Derivatives (US Stocks, Indices, Oil) | 36 Currency pairs, Metals | |
| Base Currencies | USD | USD | USD | USD | USD |
How to Open an Account？
Opening an account with RM Investment Bank is a straightforward process that can be completed in a few simple steps:
Registration: Visit the RM Investment Bank website and click on the “Registration” button. You will be directed to the registration page, where you need to provide some basic personal information, such as your name, email address, and phone number.
Choose the investment platform: Before starting your journey on financial markets, you have to download any investors key tool, a terminal.
Choose the account type : The first investing account will be opened automatically when a client registers a Members Area.Before using a real account, you can test your skills on a demo account to acquire experience necessary for investing. Operations on this account type are performed using virtual funds. However, if you want to open an additional real account but not ready yet to invest big money, you can start with a ProCent account.
Verification: The verification procedure is intended for increasing the protection level of your funds and Members Area. This procedure a compulsory condition to start working with RM Investment Bank.
Deposit Funds: Login to your Members Area and go to choose a convenient payment system and make a payment.The deposited funds will be displayed in “My accounts” section and the investment terminal interface.
Start Trading: With your account funded, you can now access the trading platform provided by RM Investment Bank and start trading.
Credit line
The credit is a chance to expand your investment opportunities using borrowed funds. As a rule, its value reflects the ratio between your own and borrowed funds. There is a high level of risk involved when investing in products such as Derivatives. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance.
Spreads & Commissions
RM Investment Bank boasts low spreads and the credit line up to 1:100. People can search information from “Contract specifications” table organized by investment account types and view all necessary data related to it, from spread to 1 pip size.
Deposit & Withdrawal
RM Investment Bank provides two ways to move your money from place to place: Bank Transfer and HWG. Bank Transfer has no deposit fee and a processing time of up to 5 days, while HWG incurs a 1% withdrawal fee with a processing time of up to 1 working day.The specific details will be presented in the table.
Besides, it also has “Free Funds Withdrawal” promotion days during which traders can deposit their accounts without additional costs and withdraw funds without commission.
| Payment Method | Accepted Currencies | Fee | Processing Time | Limitation |
| Bank Transfer | AUD, USD, JPY,GBP, NZD,CHF, EUR, THB,CNY | deposit 0% , withdraw 1% | Deposit 、Withdraw : up to 5 days | Deposit: 500-50,000USD, Withdraw: 200-50,000USD |
| HWG | USD | withdraw 1% | Withdraw: up to 1 working day | Withdraw: 2-2,000USD |
Customer Support
RM Investment Bank provides various contact options to assist clients with different needs:
telephone consultation: Responsive customer service of RM Investment Bank is ready to answer any questions you may have. Submit a request for a callback and we will call you back shortly. Our customer support number is: +60183022166 or +60192170766.
Online chat: You can contact the Companys staff via online chat or the ticket system in their Members Area.
Head Office: Our business address is Level 6 (B), Main Office Tower, Financial Park Complex, 87000 Wilayah Persekutuan Labuan and the marketing office is No 2-A, Jalan Anggerik Vanilla 31/94, Kota Kemuning, Seksyen 32, 40460 Shah Alam, Selangor
FAQs: If you have questions and seek quick answers, RM Investment Bank offers a comprehensive list of Frequently Asked Questions (FAQs) on their website on which you can find a lot of useful information.
Educational Resources
RM Investment Bank offers two educational resources to assist traders in making informed decisions:
Market Analysis & Forecasts:RM Investment Bank provides currency forecast analytics for beginners. It offers insights into predicting currency movements and understanding market trends. Users can access valuable information and tools to enhance their understanding of currency trading and make informed decisions in the forex market.
Economic Calendar:The Economic calendar is an efficient tool that contains up-to-date information about upcoming events in the financial industry. The data from the Economic news calendar helps investors to analyze the situation of currency market and make plans based on the information they get.
Conclusion
In conclusion, RM Investment Bank is an investment bank has several advantages, including providing demo accounts, multiple trading platforms, a diverse range of tradable assets, and comprehensive customer support.
However, there are some drawbacks: the bank is unregulated which poses risks for clients and the client line is low. Traders should carefully consider these factors when choosing to trade with RM Investment Bank and conduct thorough research to ensure a secure and informed trading experience.
FAQs
Q: How to calculate the cost of one point？
A: The cost of 1 point of the financial instrument price is calculated according to the following formula:
<Cost of 1 point> = (Contract * (Price + One_Point)) - (Contract * Price)
where:
Contract – the contract size.
Price – the current quote of the instrument.
One_Point – the size of 1 point.
Q: Why was the order closed without my participation？
A: Your order could have been closed due to one of the following reasons:
Margin level on your investment account reached Stop Out value (current Stop Out values for every account type can be found on “Account types” page).
The asset price reached Stop Loss or Take Profit.
Trailing Stop of your position worked.
Q: What is the minimum deposit？
A: The minimum deposit is 100 USD.
Q：What do I do if the charts say “Pending updates”？
A：Close the currently updating chart and open it again.If it didnt help, restart the platform and then again open the required chart.
Q：How the margin is calculated？
A：1. Using Investment Calculator. 2. According to the formula.
The margin is calculated according to the following formula:
<Margin> = <Contract size> / <Credit line>
where:
Contract size - the order volume in the base currency of the investment instrument (the first currency in the ticker). The order volume of 1 lot for all currency pairs is always equal to 100,000 units of the instrument base currency.
Credit - the credit line value.
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