Switching Brokers
Switch to Midway Without Selling a Single Share
Link your existing BO Account to Midway, 100% online. Your holdings, cost price and profit and loss stay exactly as they are.
- BSEC Registered
- DSE TREC 142
- CDBL Depository Participant
Cost
Free
No transfer fee
Time
About 1 Working Day
After you submit the form
Your Shares
Nothing Sold
Same quantity and cost price
Works With
Any DSE or CSE Broker
100% online
How It Works
- 1
Fill the Link BO Account Form
Submit the short online form in the Midway Portal. No branch visit.
- 2
We Open Your Link BO Account
Midway opens your Link BO Account and connects it to your existing BO Account.
- 3
Your Portfolio Moves As It Is
Your shares transfer at the same quantity and cost price.
- 4
Move Any Remaining Funds
Transfer any leftover cash from your old broker to Midway yourself.
What Stays the Same
Switching changes who looks after your account, not what you own.
Quantity
You keep every share you own.
Cost Price
Your average buying price does not change.
Profit and Loss
Your gains and losses carry over as they are.
Your Old Broker Cannot Say No
Under BSEC and CDBL rules, your current broker cannot refuse the transfer as long as you have no margin loan or unpaid balance with them.
Have a margin loan or dues? Message us on WhatsApp and we will guide you.
Before You Start
- Settle any margin loan or unpaid balance with your current broker.
- Keep your existing BO Account details handy.
- Want a hand? We can walk you through it on WhatsApp.
What You Get With Midway
QuickTrade Pro, Free
Android, iOS, desktop and web, with real-time data and advanced charting.
Midway Portal
Manage your account, IPO applications and withdrawals online.
Free Withdrawals
Withdraw to your own bank account at no charge, within 1 working day.
Real Support
Reach us on WhatsApp or the hotline, 09609 100 142.
Questions Switchers Ask
Do I have to sell my shares to switch?
No. Your shares move as they are, at the same quantity and cost price.
Will my cost price or profit and loss change?
No. Both carry over unchanged.
What does it cost?
There is no fee to link your account.
How long does it take?
About 1 working day after you submit the form.
What if I have a margin loan?
The transfer rule applies when there is no margin loan or unpaid balance. If you have one, message us on WhatsApp and we will guide you.
What happens to my leftover cash?
Once the link is done, transfer any remaining funds from your old broker to Midway yourself.
Ready to Switch?
Start your Link BO Account in the Midway Portal, or ask us anything on WhatsApp first.
Account transfers follow BSEC, DSE and CDBL rules. Investing involves risk, including loss of principal. No returns are guaranteed.
