This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
Kenanga Futures Review
Kenanga Futures is a licensed Malaysian derivatives broker under Kenanga Investment Bank. It offers real exchange traded futures, not spread based CFDs.
Min Deposit
$10
Spreads From
Not applicable, pricing uses set commissions and exchange fees, not CFD spreads
Max Leverage
Not applicable in the CFD sense, margin follows each exchange's futures rules
Platforms
1
Pros
- Direct clearing member of Bursa Malaysia Derivatives, not just an introducer
- Backed by Kenanga Investment Bank, a real listed Malaysian bank
- Registered CFTC broker with genuine access to CME futures markets
- Real exchange traded futures pricing, not opaque CFD style spreads
Cons
- Not a retail forex or CFD broker, product range is exchange futures only
- Under a former name the firm faced an SC action over anti money laundering rules
- Trading needs futures knowledge, this is not a simple beginner CFD app
- Commissions and exchange fees add up on smaller trades
Kenanga Futures Sdn Bhd is a Malaysian futures broker registered in 1995. It is part of Kenanga Investment Bank Berhad, a bank listed on Bursa Malaysia. The company has held a top position in the local listed derivatives market since 2003 and runs 16 branches across Malaysia.
This is not a typical retail CFD broker. Clients trade real, exchange listed futures on Bursa Malaysia Derivatives, the CME Group, and the Hong Kong Futures Exchange, using the KDF TradeActive platform on desktop and mobile. Kenanga Futures is a direct clearing member of Bursa Malaysia Derivatives and a CFTC registered broker in the United States.
Trading costs come from set commissions and exchange fees, not spreads or leverage figures typical CFD brokers quote. Under a former name, Kenanga Deutsche Futures, the firm faced a Securities Commission action over anti money laundering compliance in 2012. Today it operates under real, direct Securities Commission Malaysia and Bursa Malaysia oversight.
Min. Deposit
USD 10
Max Leverage
Not applicable in the CFD sense, margin follows each exchange's futures rules
Spreads From
Not applicable, pricing uses set commissions and exchange fees, not CFD spreads
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- SC Malaysia
