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Inter-Pacific

Malaysia|5-10 years|
High potential risk|

https://www.paconline.com.my/gcIPS/main.jsp

Website

Rating Index

Influence

Influence

B

Influence index NO.1

Malaysia 7.24

Surpassed 60.63% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+60 03-2117 1888
paconline@interpac.com.my
https://www.paconline.com.my/gcIPS/main.jsp
West Wing, Level 13 Berjaya Times Square No. 1, Jalan Imbi 55100 Kuala Lumpur

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+60 03-2117 1888

Other ways of contact

Broker Information

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Company Name

Inter-Pacific Securities Sdn Bhd

Abbreviation

Inter-Pacific

Platform registered country and region

Malaysia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Inter-Pacific · WikiFX Survey

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Inter-Pacific · Company Summary

Aspect Information
Company Name Inter-Pacific Securities Sdn Bhd
Registered Country/Area Malaysia
Founded Year 1972
Regulation Unregulated
Products and Services Equities, derivatives, Islamic stockbroking services, derivatives trading, custodial & nominee services
Account Types Conventional Share Trading Account, Collateralised Share Trading Account (PacPower)
Trading Platforms Online Trading Platform (PacOnline), Mobile Trading Platform (iPacOnline)
Customer Support Phone: +60 03-2117 1888, Email: paconline@interpac.com.my
Educational Resources FAQ, Trading demo

Overview of Inter-Pacific

Inter-Pacific Securities Sdn Bhd (“IPS”) established in 1972, is a major stockbroking firm in Malaysia, operating under Bursa Malaysia Securities Berhad. As a subsidiary of Berjaya Capital Bhd, IPS specializes in stockbroking services, boasting a substantial paid-up capital of RM 250 million. IPS offers a wide array of trading assets, including equities, derivatives, and Islamic stockbroking services.

While it provides a user-friendly online platform and competitive brokerage fees, IPS operates without regulatory oversight, potentially exposing clients to risks. However, IPS remains a prominent player in Malaysia's financial landscape, offering investors various investment opportunities.

Overview of Inter-Pacific

Is Inter-Pacific legit or a scam?

Inter-Pacific operates without regulatory oversight. This absence poses risks of unchecked practices like fraud, market manipulation, and inadequate consumer protection.

Investors face heightened vulnerability to financial losses and lack avenues for recourse in case of malpractice. Moreover, the absence of supervision fosters an environment where unethical behavior can thrive, eroding trust in financial systems and undermining market integrity. Without regulation, Inter-Pacific operates with impunity, jeopardizing both investor confidence and financial stability.

Pros and Cons

Pros Cons
Wide range of investment products Unregulated
User-friendly online platform No comprehensive educational resources
Mobile trading accessibility Limited availability of international markets
No transparent information about its fee structure
Complex process to open an ccount

Pros:

  • Wide range of investment products: Inter-Pacific offers a wide selection of investment options, providing clients with the opportunity to diversify their portfolios and pursue various investment strategies tailored to their financial goals. From equities and derivatives to Islamic stockbroking, clients have access to a comprehensive range of investment products.

  • User-friendly online platform: The trading platform provided by Inter-Pacific is known for its intuitive interface and ease of use. Clients can navigate through the platform easily, execute trades efficiently, and access essential account information with minimal hassle.

  • Mobile trading accessibility: With the availability of mobile trading, clients can conveniently monitor their portfolios and execute trades on-the-go using their smartphones or tablets. This flexibility enables clients to stay connected to the markets and manage their investments wherever they are, enhancing convenience and accessibility.

Cons:

  • Unregulated: Inter-Pacific operates without regulatory oversight, which raises risks regarding the protection of client interests and adherence to industry standards. The absence of regulatory scrutiny could potentially expose clients to risks such as fraud, market manipulation, and inadequate consumer protection.

  • No comprehensive educational resources: While Inter-Pacific provides a range of investment products and trading platforms, there is a lack of comprehensive educational resources to support clients in making informed investment decisions. This limitation hinders clients' ability to understand complex financial concepts, conduct thorough research, and develop effective investment strategies.

  • Limited availability of international markets: Inter-Pacific's trading platform has limited access to international markets compared to other brokerage firms. This restriction could limit clients' opportunities for diversification and hinder their ability to capitalize on global investment opportunities.

  • No information about fees: Inter-Pacific does not provide transparent information about its fee structure, including brokerage fees, commissions, and other charges associated with trading. This lack of transparency leads to uncertainty among clients regarding the costs involved in their investment activities and could potentially result in unexpected expenses.

  • Complex process to open an account: Some clients will find the account opening process with Inter-Pacific to be complex and cumbersome.

Products & Services

Inter-Pacific offers a range of products and services for various investment needs:

Share Trading: Facilitating the buying and selling of shares on various stock exchanges.

Share Margin Financing: Providing leverage for clients to expand their investment portfolio through borrowing against existing securities.

Islamic Stockbroking Window: Suitable for clients adhering to Islamic finance principles, ensuring compliance with Shariah law.

Online & Mobile Trading: Enabling clients to trade conveniently through online and mobile platforms, offering flexibility and accessibility.

Investment Research: Providing insights, analysis, and recommendations to assist clients in making informed investment decisions.

Derivatives Trading: Offering trading opportunities in derivative products such as futures and options.

Custodial & Nominee Services: Safeguarding and managing clients' securities, ensuring efficient settlement and safekeeping.

Foreign Shares Trading: Facilitating the trading of shares listed on international stock exchanges, broadening clients' investment options beyond domestic markets.

Products & Services

Account Type

Inter-Pacific Securities provides two primary account types for shares trading: the Conventional Share Trading Account and the Collateralised Share Trading Account (PacPower).

The Conventional Share Trading Account is suitable for investors seeking straightforward access to equity markets without the need for additional collateral. This account type is ideal for individuals who prefer traditional trading methods and do not require leverage in their investment activities. It offers basic functionalities for buying and selling shares on various stock exchanges, suitable for a wide range of investors, from beginners to experienced traders.

On the other hand, the Collateralised Share Trading Account (PacPower) is suitable for investors who wish to amplify their trading potential by leveraging their existing securities as collateral. This account type appeals to more sophisticated investors who are comfortable with the risks associated with margin trading and seek to increase their market exposure without the need for additional cash. PacPower provides clients with the flexibility to access additional funds for trading purposes, allowing them to potentially enhance their returns while managing their risk tolerance effectively.

How to Open an Account?

  1. Prepare Required Documents:

  • Gather your NRIC (front & back) or Passport.

  • Obtain a Bank Account Statement from a Malaysian-incorporated bank.

  • Ensure you have RM11.00 for the account opening fee.

  1. Online Application Process:

  • Access the Inter-Pacific website and navigate to the account opening section.

  • Choose between cash upfront or collateralized account options.

  • Complete the online application form thoroughly.

  • Use your mobile device for eSignature convenience.

  1. Payment Submission:

  • Transfer RM11.00 via Internet Banking to cover fees.

  • Ensure the bank account used for payment is in your name (joint accounts not accepted).

  1. Submission and Follow-up:

  • Submit your completed application.

  • If submitted after 3.30 pm on a business day or on a non-business day, processing will occur on the next business day.

  • Check the status of your application through the provided channels (online or customer service hotline).

  • Contact Customer Service Hotline for assistance if needed.

How to Open an Account?

Trading Platform

The Inter-Pacific trading platform offers two main options for clients: PacOnline for online trading and iPacOnline for mobile trading.

PacOnline (Online Trading):

  • Enables clients to electronically place orders via the Internet, routed through their remisier or dealer to the exchange for execution.

  • Features real-time Bursa Malaysia quotes and indices, charts, stock scoreboard, order placement, order status inquiry, intraday stock movement tracker, Bursa Malaysia news, company announcements, online statements, and online payment.

  • Aimed at providing a fast, convenient, reliable, and enjoyable trading experience for clients.

  • Clients can sign up for PacOnline to access stock trading from their home, office, or any preferred location with a click of a mouse.

iPacOnline (Mobile Trading):

  • Suitable for clients who prefer to trade on the go using smart mobile devices.

  • Offers 24/7 mobile access to real-time quotes, stock info, market depth & summary, intraday & historical charts, order execution, status, and trade confirmation, portfolio management, market news, and updates.

  • Allows clients to stay connected to their trading accounts regardless of their location or schedule.

  • Clients can download the iPacOnline App to access this mobile trading solution.

Both platforms aim to provide clients with flexibility and convenience in managing their trading activities, whether through desktop or mobile devices.

Trading Platform

Customer Support

Inter-Pacific offers customer support through various channels. Clients can reach them via phone at +60 03-2117 1888 for English assistance. Additionally, they provide email support at paconline@interpac.com.my for inquiries and assistance.

These contact options enable clients to seek help, resolve issues, or obtain information promptly, ensuring a responsive and accessible customer support experience.

Customer Support

Educational Resources

Inter-Pacific Securities offers a comprehensive range of educational resources to empower investors:

Help: Accessible assistance for navigating the platform and resolving queries effectively.

FAQ: A repository of frequently asked questions providing insights into trading procedures and platform functionality.

Trading Demo: Interactive demonstrations allowing users to familiarize themselves with the trading platform's features and functionality.

Security Awareness: Resources aimed at enhancing users' understanding of cybersecurity measures and best practices to safeguard their investment accounts.

Educational Resources

Conclusion

In conclusion, Inter-Pacific Securities Sdn Bhd offers a wide range of investment opportunities, including equities, derivatives, and Islamic stockbroking services. Despite its unregulated status, the company boasts a long-standing presence in Malaysia's financial sector, providing clients with a user-friendly online platform and competitive brokerage fees.

However, the absence of regulatory oversight presents risks to investors, including potential fraud and lack of consumer protection. Additionally, the limited availability of educational resources hinders clients' ability to make informed investment decisions.

FAQs

Q: What types of accounts does Inter-Pacific offer?

A: Inter-Pacific provides Conventional Share Trading Accounts and Collateralised Share Trading Accounts (PacPower).

Q: How can I contact Inter-Pacific's customer support?

A: You can reach Inter-Pacific's customer support via phone at +60 03-2117 1888 or through email at paconline@interpac.com.my.

Q: What products can I trade with Inter-Pacific?

A: Inter-Pacific offers trading opportunities in equities, derivatives, and Islamic stockbroking services.

Q: Is Inter-Pacific regulated by any authority?

A: No, Inter-Pacific operates without regulatory oversight.

Q: What are the trading platforms available with Inter-Pacific?

A: Inter-Pacific offers an Online Trading Platform (PacOnline) and a Mobile Trading Platform (iPacOnline) for clients' convenience.

News

WIKIFX REPORT: Inter-Pacific Asset Management wins Best Mixed Asset Award

NewsWIKIFX REPORT: Inter-Pacific Asset Management wins Best Mixed Asset Award

2022-06-22 14:43

The InterPac Dana Safi Fund from Inter-Pacific Asset Management Sdn Bhd (InterPac) took home the prize for Best Mixed Asset MYR Flexible (Islamic) in the three-year category with returns of 126.2 percent.

WikiFX
2022-06-22 14:43
News
WIKIFX REPORT: Inter-Pacific Asset Management wins Best Mixed Asset Award
Little change to the mostly indifferent near-term outlook, says Inter-Pacific

NewsLittle change to the mostly indifferent near-term outlook, says Inter-Pacific

2021-12-16 12:49

Inter-Pacific Securities Sdn Bhd said there is little change to the mostly indifferent near-term outlook due to the lack of investor participation and a still largely cautious market undertone.

WikiFX
2021-12-16 12:49
News
Little change to the mostly indifferent near-term outlook, says Inter-Pacific

User Reviews

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Smarterage
more than one year
As a user of Inter-Pacific Forex Trading, I'm somewhat overwhelmed. My trading frequency is not high, usually around 5-10 trades per month. However, I received an email yesterday notifying me that my account has been blocked, and withdrawals have been suspended pending an investigation.
2024-01-31 20:46
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0
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凉城不暖少年心.
more than one year
I visited the website of Inter-Pacific, and I must say that I was disappointed with what I saw. The website looked very unprofessional with its small fonts and narrow layout that only occupied half of my computer screen. I found it hard to navigate through the pages, and the lack of relevant information made me doubt the credibility of the company.
2023-03-20 10:15
Reply
0
0
马保蕊
more than one year
It's a con site. They will call and encourage you and since they control the site they can Switch you off and make changes as they deem fit. When you least expect it you lose everything on the site.
2023-03-10 14:14
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0
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