After the successful opening of the FSMONE CDS account, the next step is to inject capital into the account and begin trading stocks and ETFs in the trading markets of Malaysia, the United States, Hong Kong, China A-shares and Singapore.。

This article will detail how to inject capital into FSMONE's investment account from any bank in Malaysia and how to withdraw funds from FSMONE to your bank account。We will provide detailed graphic deposit and withdrawal steps, as well as related costs and considerations。The following is a summary of the content:

○ FSMONE's deposit and withdrawal methods

○ Precautions for FSMONE deposit and withdrawal

○ FSMONE Full-step teaching of gold deposit and gold payment

○ FSMONE deposit and withdrawal expenses

○ FSMONE deposit and payment arrival time

The teaching content of this deposit is recommended for reference by Malaysian users.。

How to get to FSMONE？

The main ways to get money to FSMONE are using FPX bank transfer and bank international wire transfer (Telegraphic Transfer).。FPX bank transfers are only supported in Malaysian ringgit (MYR), while bank international wire transfers allow foreigners who do not have a Malaysian bank account to deposit money to FSMONE FSMONE accept international wire transfers (TT) in the following currencies: Singapore dollar (SGD), US dollar (USD), Hong Kong dollar (HKD), Chinese yuan (CNY), Australian dollar (AUD), British pound (GBP) and euro (euro)。

Malaysian shares are traded in Malaysian ringgit (MYR)。And for Singapore, US, Hong Kong and Chinese stocks, you have to convert them to their respective desired currencies, such as the Singapore dollar, US dollar, Hong Kong dollar and RMB, to trade stocks in that market.。

Which deposit method to choose？

If you are a foreigner, or have a bank account in another country, then you can choose to use the bank international wire transfer (TT) into the gold ringgit, Singapore dollar, US dollar or Hong Kong dollar, etc.。Where you want to invest in the market, invest in the currency of that country.。The cost of electricity remittance will be borne by the user.。

If you are Malaysian, or have a Malaysian bank account, the best way is to choose FPX bank transfer, exchange for gold ringgit。If you want to trade in the markets of other countries, you only need to exchange the ringgit for the currency on the FSMone platform.。The entire process does not cost anything.。

FPX bank transfer is the easiest and fastest way to deposit money。The deposit will be immediately reflected in your investment account, while the deposit will be reflected in two business days (the duration of the deposit will depend on the processing of different banks) when used.。

FSMONE deposit considerations

(1) You can deposit money only after you have successfully opened an account.。

⑵ Use FPX bank transfer deposit fee。

(3) FPX bank transfer only supports the input of gold ringgit, if you want to invest in foreign markets, just exchange the country's currency in the platform.。

FSMONE will not charge for wire transfers, but the remitting bank will charge for electricity.。

FSMONE does not accept bank deposits from third parties.。

The minimum deposit amount is RM100。

FSMONE into the gold process teaching (multi figure)

Next, we will detail in multi-graphic form how to use Bank Malaysia FPX to transfer RMK to an FSMONE investment account and how to exchange it for US dollars on the FSMONE platform.。

The following teaching will be based on FSMONE official website, Chinese interface, 5 minutes to complete the gold action。

RMK transfer deposit process

Step 1: Log in to the official website and place a deposit order

First, log in to the FSMONE website.。Click "Cash Account" on the home page, then click "Top Up" on the right shoulder。

Then, in the Top Up Currency select ringgit (MYR) account, fill in the deposit amount。

Click "Place Order" to continue。

Note: FSMONE only accepts funds transfers from your own bank account and does not accept transfers from third parties.。Click "Confirm" to continue。

Step 2: Transfer

After placing the deposit order, click "Pay Now" to transfer。

Select remittance bank, fill in email to get remittance receipt。

Click "Pay Now"。

Next, you will go to the official website of the remittance bank you are using。

Enter your bank login name and password, connect the transfer, you can complete the deposit。

Transfer completed, the process is very simple。

The incoming funds will be immediately projected in your investment account.。

Now you can start trading Malaysian stock market with Malaysian ringgit (MYR)。

To trade in other markets such as the US market, you need to convert RMK into USD。Next we will demonstrate the RMK to USD process。

RMK USD Exchange Process

Click "Fx Conversion" on the "Cash Account" page to convert foreign currency。

In the "Exchange From" select ringgit account, enter the goods you want to redeem, if you want to redeem the full set, in the "Exchange All" next to the box ✅。

Then, select the currency you want to convert in "Exchange To"。Here we demonstrate the exchange of dollars (USD)。The connected system displays the amount converted to US dollars, as well as the current exchange rate。

Click "Place Order" to continue the redemption process。

Real-time exchange rates on the FSMONE platform are provided by banks。

After completing the exchange of US dollars, the US dollars will be displayed in your US dollar account immediately。

You can now start trading the US stock market using the US Dollar (USD)。

The process of exchanging other currencies is almost the same as demonstrated above, just select the currency you want to exchange in "Exchange To"。

My FSMone Gold Experience

The process of FSMONE deposit is very simple and fast, just like we usually do online transfer, after the completion of the transfer can be immediately reflected in the investment account.。

The process of currency exchange is also very fast, and the exchange rate provided by FSMone on the platform is quoted in real time, allowing us to compare the exchange rate in the market, which is quite transparent.。The authors found in their measurements that the exchange rate provided on the FSMONE platform was a little lower than that of the National Bank of Malaysia (BNM), with 0.The gap of 00195。

How to get gold from FSMONE？

There are two ways to get gold out of FSMONE, which are

○ Gold ringgit - transfer via bank FPX

○ Foreign currency - by bank wire transfer (Telegraphic Transfer)

Below we will first convert the U.S. dollar (USD) into Malaysian ringgit (MYR) and then send the money to your bank account by FPX transfer.。

○ Applicable object: Have a Malaysian bank account

○ Handling fee: none

○ Arrival time: within 15 minutes

○ Deposit currency: Malaysian ringgit (MYR)

FSMONE GIVING NOTES

(1) There is no minimum withdrawal amount requirement.。

(2) Only personal bank accounts can be paid (must be the same name as the brokerage account)。

FSMONE does not accept payments to third-party accounts / payment platforms.。

(4) If it is the first time to pay the gold ringgit (MYR), as long as the order is placed before 4pm on any working day, it will arrive on the same day, and each subsequent payment will arrive within 15 minutes.。

FSMONE supports users to pay foreign currency to a foreign currency account at a local bank in Malaysia, or a foreign bank account.。

For wire transfers, FSMONE will not consume any fees, while the bank will consume a total of $20 to $40 in withdrawal fees.。

FSMONE Payment Process Teaching

Users who do not have a foreign currency account investment port and only trade in the Malaysian market can omit step 1 and go directly to step 2.。

If you have a foreign currency investment account, the easiest and most direct way for the user is to first convert the foreign currency back into RMA and then withdraw the money by FPX bank transfer.。

Step 1: Will exchange (USD) for Malaysian ringgit (MYR)

Click "Fx Conversion" on the "Cash Account" page。

In the "Exchange From" select the dollar account (depending on which foreign currency account you want to exchange from), enter the exchange you want to exchange, if you want to exchange a full set in the box next to the "Exchange All."。

Then, in the "Exchange To" select the ringgit (MYR)。The connected system displays the amount converted into RMK, as well as the current exchange rate。When measuring the exchange currency, the author found that the exchange rate of the FSMONE dollar to Malaysian ringgit was lower than that of the National Bank of Malaysia (BNM), with 0.The gap of 01386。

In this way, the exchange of US dollars (USD) to Malaysian ringgit (MYR) is completed。

The second step: the gold ringgit (MYR)

Click "Withdrawal" on the "Cash Account" page。

Select your MYR account in Withdrawal Account。Enter the amount you want to pay, if you want to pay the amount, in the box next to "Withdraw All."。

Step 3: Fill in the bank information

If you are a first-time gold user, you need to create your bank profile here.。In the future, every time the money will be remitted into this bank account, if you want to get the money to another bank account in the future, just update the bank information in the user settings.。

Here, you only need to fill in the name of the bank, and bank account number。After completing the form, click "Create" to pay。

Enter the TAC sent to your mobile number。

The payment is completed so simply.。As long as you apply for a payout before 4pm on a weekday, the funds will arrive within 15 minutes。

My FSMONE Gold Experience

The FSMONE cash-out process, like its cash-in process, is unusually simple and can even be completed in less than 5 minutes。This convenient payment process provides users with an efficient and convenient financial experience.。

In the FSMONE process, the cost is almost zero.。This is due to the use of FPX bank transfer, which does not incur additional costs。Compared to most Internet brokerages, FSMONE offers users a series of cost savings。

The author's measurements show that an application for a payout was actually submitted at 9: 48 p.m. on Thursday, and after just one minute, the funds had been successfully received, almost in real time。At the same time, FSMONE is able to achieve almost real-time non-office hours, which is currently difficult to find in other local Malaysian brokerages such as Rakuten Trade, M + Online and CGS CIMB.。

Overall, the efficient and convenient deposit and withdrawal process of FSMONE benefits local users in Malaysia, as well as users with Malaysian bank accounts.。Compared to other brokerage firms, the most significant feature of FSMONE's deposits and withdrawals is that they arrive immediately, providing users with a more real-time reflection of their funds.。