Doctor loses RM880,000 in fake share investment scam
A doctor in Pahang lost over RM880,000 in a fake share scheme promising high returns
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Abstract:Webull introduces commission-free SMSF trading, offering over 3,500 US and Australian ETFs, with no brokerage fees and enhanced portfolio tools.

Webull Securities Australia has unveiled a game-changing offering for Self-Managed Superannuation Fund (SMSF) investors—commission-free trading on over 3,500 US and Australian ETFs, alongside advanced portfolio tools. The move aims to empower SMSF holders with greater control, transparency, and cost efficiency in managing their retirement savings.
Why This Matters for SMSF Investors
With SMSFs increasingly favoring listed shares and cash as core assets, Webulls platform eliminates traditional barriers like brokerage fees and monthly charges. Investors gain access to:
✔ Zero brokerage on ASX & US ETFs
✔ No monthly platform fees
✔ Auto-investing & institutional-grade cash management
✔ Live ASX price streaming & market screeners
✔ DIY portfolio-building tools
“SMSF investors need more tools and more control, not less,” said Rob Talevski, CEO of Webull Securities Australia. “Weve built a full-service suite with professional trading tools, live support, and features typically locked behind high fees.”

A Growing Demand for Cost-Effective SMSF Solutions
Younger investors, in particular, are driving demand for low-cost, high-functionality SMSF platforms. Webulls offering aligns with this shift by combining:
By cutting brokerage and platform fees, Webull estimates investors can retain more of their portfolios long-term growth—critical for retirement planning.
Beyond SMSFs: Webulls Expanding Ecosystem
This launch follows Webull Premium, a U.S. subscription service offering:
???? Discounted margin rates & trading fees
???? IRA transfer matching
???? Nasdaq Level 2 & OPRA market data ($3.99/month).
Additionally, Webulls partnership with Capitalize streamlines 401(k) rollovers into IRAs, tackling the $1.65 trillion in “forgotten” 401(k) assets. Their API automates transfers, eliminating paperwork—a win for digital-first investors.
The Bottom Line
Webull‘s SMSF launch disrupts Australia’s superannuation landscape by merging zero-cost trading with institutional-grade tools. For investors seeking control, affordability, and advanced features, this could be the ultimate retirement solution.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

A doctor in Pahang lost over RM880,000 in a fake share scheme promising high returns

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