KUALA LUMPUR, Feb 25 (Bernama) -- ECM Libra Investment Bank's online portal, ecmmoney.com, which was launched today, aims to make online investment easy for retail and professional traders.

Its chief operating officer, Martin Chu, said the bank recorded a retail volume of RM15 billion last year, of which about 18 per cent was from Internet users.

"Currently, we have about 10,000 active investors," he told reporters after the launch of the portal here today.

Chu, however, declined to make the forecast for this year.

He said ecmmoney.com would offer a smart way to trade online and value for money.

"We believe the unique features of the four investment products, namely cash upfront, collateralised, DayTrading88 and Premier88, will enable investors to quickly react to opportunities in the stock market," he said.

He said the portal offered a brokerage fee of 0.05 per cent, or a minimum fee of RM8 per contract, during the promotional period.

"The ofer is valid from now till end-August.

"After that, it will be 0.08 per cent, or RM12 per contract," he said.

Chu said for the DayTrading88, investors would pay a brokerage fee only when profits were made per stock during the day.

"With the fully-automated trading process, investors will have more control on their transactions," he said. -- BERNAMA