Highlights

Brokers Comparison

If you are looking for a new brokerage firm to begin investing in the stock market, or if you're looking for a new brokerage firm that's more suitable to your investment style, this is the right place.

We hope this guide will help you compare online brokers of Bursa Malaysia and find the broker that's right for you.

You can help us improve this guide by suggesting a broker or sending us a feedback at feedback@i3investor.com.

Broker ** Overall Rating * Online Brokerage Fees Trading Limit Payment Method Special Offers/Feature
Affin Hwang Capital
Affin Hwang Capital
  • 0-100k: 0.6%
  • >100k: 0.3%
  • Intraday: 0.15%
  • Minimum: RM28
  • 1 x cash collateral
  • Online payment: Affin Bank, CIMB, Maybank.
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client (within 30 days period).
AmeSecurities
AmeSecurities
Cash Upfront - eDirect
  • 0.035%
  • Minimum: RM6

Collateralised
  • 0-100k: 0.40%
  • >100k: 0.20%
  • Minimum: RM28
  • Odd lots: RM12
  • Intraday: 0.15%
  • 2 x deposit
  • eDeposit/eSettlement through Ambank
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client.
BIMB
BIMB Securities
  • 0-100k: 0.3%
  • >100k: 0.2%
  • Intraday: 0.15%
  • Minimum: RM28
  • 1 x deposit
  • Online payment: Maybank, Bank Islam.
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client.
  • First and the only full-fledged shariah compliant stockbroking in Malaysia
JF Apex
JF Apex
Cash Upfront
  • 0.05%
  • Minimum: RM28

Collateralised
  • 0-100k: 0.6%
  • >100k: 0.3%
  • Intraday: 0.15%
  • Minimum: RM28
  • 1 x cash deposit
 
 
 
 
  • 4 x cash collateral and 3 x shares collateral
  • Online payment: Public Bank, Hong Leong Bank, CIMB, Maybank, Bank Islam.
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client (within 30 days period).
CIMB
CIMB
  • 0.42% (iTrade)
  • Minimum: RM28 (iTrade)
  • 0.0388% (CIMB Clicks)
  • Minimum: RM8.88 (CIMB Clicks)
  • 3 x cash collateral + 2 x share collateral
  • Minimum balance of RM10,000 required for CIMB Clicks account
  • Online payment: CIMB, Maybank, Public Bank, Hong Leong Bank, Bank Islam.
  • Sign up for Clicks Trader to enjoy brokerage fee of RM8.88 per trade (minimum deposit required).
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client.
Hong Leong Bank
Hong Leong Bank
  • Flat brokerage rate: 0.1%
  • RM8 minimum brokerage
  • Value Trade (cash upfront) account
  • Online payment: Maybank, Hong Leong Bank, CIMB.
  • Rate as low as 0.10% (call to inquire)
  • Free access to live Futures Prices on the HLeBroking Portal.
Jupiter Securities
Jupiter Securities
Cash Upfront
  • 0.10%
  • Intraday: 0.10%
  • Minimum: RM10

Collateralised
  • 0-100k: 0.30%
  • >100k: 0.20%
  • Intraday: 0.10%
  • Minimum: RM12
Cash Upfront:
  • cash balance - transaction costs

Collateralised:
  • 2 x cash collateral + 1.5 x stocks collateral
  • No online payment. Fund transfer via Maybank, HSBC, CIMB, RHB, Publick Bank.
  • Promotion rates for new clients at 0.05% or min RM8.00 for 2 months from the date of account opening.
  • Supports Good Till Date (GTD) order - clients can place orders valid up to 30 trading days.
Kenanga
Kenanga
  • 0-100k: 0.49%
  • >100k: 0.21%
  • Minimum: RM28
  • 1 x cash collateral
  • No online payment. Fund transfer via Standard Chartered Bank , Maybank, HSBC, CIMB, Publick Bank.
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Maybank
Maybank
Cash
  • 0.1%
  • Minimum: RM8

Collateralised
  • 0.42%
  • Minimum: RM12
  • Intraday: 0.15%
  • Cash: 1x; Collateralised: 3x cash/shares
  • Maybank
  • Online foreign trading: SGX, NYSE, NASDAQ, HKSE. Support trading from iPad and iPhone.
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client (within 30 days period).
Mercury Securities
Mercury Securities
  • 0-100k: 0.42%
  • >100k: 0.21%
  • Intraday: 0.15%
  • Minimum: RM12
  • 2 x cash collateral, 1 x share collateral
  • Direct Bank-in via cash or cheque with Maybank, Public Bank, CIMB, RHB & HSBC
  • Extended settlement period for up to 10 days with Mercury T+10
  • Identify more that 60 classic chart patterns and technical indicators with Mercury Signals
Mplus Online
Mplus Online
Cash Upfront
  • 0.08% < 30k
  • 0.05% > 30k
  • Minimum: RM8

Collateralised
  • 0-100k: 0.30%
  • >100k: 0.20%
  • Intraday: 0.10%
  • Minimum: RM10
Cash Upfront:
  • cash balance - transaction costs

Collateralised:
  • 2 x cash collateral + 1 x stocks collateral
  • CIMB, Maybank, Public Bank, Hong Leong Bank, UOB Bank, RHB Bank
  • Attractive Margin Financing Package
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client (within 30 days period).
Public Bank
Public Bank
  • 0.42%
  • Minimum: RM12
  • 1 x cash collateral
  • No online payment. Direct bank in via Maybank or Public Bank.
-
RHB
RHB
  • 0.42%
  • Minimum: RM12
  • 1 x cash collateral
  • No info available.
  • Supports Stop Loss, Conditional Limit, Good till Date and Good till Order with RHBInvest Program Trading.
RHB TradeSmart
RHB TradeSmart
  • 0-100k: 0.42%
  • >100k: 0.21%
  • Intraday: 0.15%
  • Minimum: RM28
  • 1 x cash collateral
  • RHB Bank, Bank Islam, CIMB Bank, Hong Leong Bank, Maybank and Public Bank
  • Cash/cheque deposit
  • Get free flights, hotels stays, electronic gadgets, appliances and more when you trade online
  • Conveniently trade from a variety of channels: website, desktop application, smartphones and tablets
  • Trade in stock markets across top 5 global exchanges using a single login
SJ Securities
SJ Securities
  • 0-100k: 0.42%
  • >100k: 0.35%
  • Intraday: 0.15%
  • Minimum: RM12
  • Cash upfront: negotiable
  • 2 x cash collateral, 1 x shares collateral
  • Online and direct bank-in: Maybank & CIMB
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client.
  • Interest free margin account for purchase contracts up to T+10 (SJenie SMarT)
  • Mobile trading available via iMSL@SJenie app for Android (Google Play) & Apple (App Store)
TA
TA
  • Discount subjected to dealer's recommendation and company's approval.
  • 1 x cash collateral
  • Online payment via Maybank2u.com
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client.
UOB KayHian
UOB KayHian
Collateralised:
  • 0-100k: 0.3%
  • >100k: 0.2%
  • Intraday: 0.1%
  • Minimum: RM8

Cash upfront:
  • 0.1%
  • Minimum: RM8
  • 3x Cash Collateral, up to 2x Shares Collateral
  • Cash or Cheque at branch.
  • EPS via the ATM or Internet banking
Trading tools for technical analysis - TechAnalyzer & ChartGenie

* Overall rating of each broker is derived based on competitive fees, product offerings, ease of payment/withdrawal, availability of information, and the features of the broker's online trading portal.

** The logo image of each broker remains the rights of the broker. The i3investor portal does not own the copyrights to the logo images.

*** Note: Some offers may be valid for a limited time only. The information and links on this page are provided for your convenience only. i3investor does not endorse or recommend the services of any brokerage company.

  34 people like this.
 
aurangzeb318 HLEBroking is a good one simple and cheap ...
23/12/2015 19:15
EDLCK https://docs.google.com/spreadsheets/d/11WWpv3ca2Jdk1cDJy_LBxrMYmqsO1IeKgbztybqaIYg/edit#gid=772943373

Morning fellow traders, pls feel free to explore my daily technical analysis for free via the googledrive file as attached above. Happy trading!
31/12/2015 07:47
imoogi99 MatCendana....am not sure if Maybank trading platform is from Eforce (Excel Force) If it does then you still can use Firefox or Chrome but you need to download IETab add on extension. With this addon, the trading platform will runs in IE within Firefox or Chrome. That's what I am using now.
31/12/2015 08:45
cheowhwa83 Hi anyone has contact to call for opening CIMB iTrade in Kuching Sarawak?
31/12/2015 18:05
kenviro ELCK, thanks for your post. I went to the googledrive file and see that there's a tab for top picks in 2015. Do you have the top picks for 2016 yet?
01/01/2016 16:25
Dragon9 AmInvestment Bank is the Best
20/01/2016 12:42
kailasivam03 evaluating the best vehicle-efficient,low brokerage,payment flexibility.
26/01/2016 16:41
BILLC Publici bank is the worst and most expensive brokerage
27/01/2016 03:42
totalfootballteam RHB poor on real time update on trust money.gave me wrong statement. please fix this ASAP. i will jump ship after this.very poor service.
27/01/2016 11:36
trader1121 hlebroking removed 5 level queue viewing now, only can see 3 level buy/sell queue.... .
31/01/2016 16:19
tobuy2006 Any suggestion to swtich from HLebroking to other?
02/02/2016 11:27
supermix2 Dragon9 AmInvestment Bank is the Best


Friend, please let me know why it's the best? TQ.
08/02/2016 16:56
supermix2 Any suggestions who brokerage which offer the lowest rates & also the convenience. Thank you. In fact, please share which is the best brokerage house.
08/02/2016 16:58
ah_boon HL broker seems to have low brokerage fee. Is there any catch?
10/02/2016 18:21
Heng Kee Boon just go for hlebroking
25/02/2016 20:48
EDLCK https://docs.google.com/spreadsheets/d/11WWpv3ca2Jdk1cDJy_LBxrMYmqsO1IeKgbztybqaIYg/edit#gid=772943373

Morning fellow traders, pls check out my latest daily stock pick for free via Google Drive! Cheers, pls drop your enquiry to cklee0915@gmail.com
29/02/2016 07:58
M Fauzi Ismail MPlusOnline is the best for me so far.. It's even the lowest brokerage & transfer capital/withdraw the profits is very easy.. Recommended!!
07/03/2016 08:51
jw887 Hello sifus out there, my remisier is not responding to my emails, i am using Maybank2u.

May i know:-
1) Is the brokerage fee paid deducting from my trading account or i have to personally banked it into their account?
2) The brokerage fee, is paid when i buy or sell OR both ?

Thanks for the advice.. :)
07/03/2016 16:08
jacky4me pls send a link
14/03/2016 20:13
Noob123 If I would like to open a futures trading account, where products offered are not restricted to only FKLI and FCPO, which broker is recommended?
14/03/2016 21:04
bearguy I am JF APEX dealer, the details given above are outdated. Please free to give me a call or whatsapp me at 016-4122350 if you are interested to know our current type of trading account and also upcoming market outlook.
18/03/2016 11:41
FuturesTrader888 Hello! If you would like to trade futures, you can open a trading account with Kenanga Deutsche Futures. You can either contact them at 03-21642155 or email them at futures@kenanga.com.my
21/04/2016 17:37
Nintendo which broker offer better charting research?
26/04/2016 22:21
curious2 Why HL E is rated no 1 in i3? Good for clients to make money?
27/04/2016 13:12
NPMT Which broker has the best mobile trading platform? I move around alot..
04/05/2016 15:43
Yen Leng Curious2, kindly post the link here. TQVM
04/05/2016 15:50
Janus Mun which 1 has the lowest rate in trading in US-nyse,nyse arca,nasdaq?please lower that absurd usd25 per contract fee plus GST in USD!fucking killing ppl here!
11/05/2016 19:23
Janus Mun cheryne ho,what is the brokerage rate?each buy n sell contract charged how much in usd?fee?gst?minimum size of investment in trading acc?
18/05/2016 16:45
EDLCK https://stockwisdom.wordpress.com/ Dear fellow traders, feel free to view my daily stock pick! Pls drop your enquiry to 012-9022 474
23/05/2016 08:04
foosf Any HL e broking here that I can keep in touch? Thanks
25/05/2016 22:25
kayyong which broker, trading platform, easy to use.
stable and reliable ( important ).Rhb tradesmart
lousy one.
01/06/2016 17:45
EDLCK Feel free to drop me enquiry if you interested on CIMB Trade Beyond account, cheers.
03/06/2016 13:56
rm9999 hi, which online brokerage best for mobile use?
09/06/2016 10:45
bearguy I am JF APEX dealer, the details given above are outdated. Please free to give me a call or whatsapp me at 016-4122350 if you are interested to know our current type of trading account and also upcoming market outlook.
14/06/2016 16:00
Szu Mae Mun contact me at 012-2649874 for CDS account opening (investment bank). Zero charges facility fees for Margin Account until August. thx
30/06/2016 15:10
Lokman Aktien Hi I am Lokman from MPLUS Ipoh. For anyone who interested in opening CDS account (free), kindly contact me at 019-5649329. We also offer free coaching on how to trade and analyse winning stock
05/07/2016 09:26
EDLCK Dear Traders!

Keep yourself updated with Daily Stock Pick here:
https://stockwisdom.wordpress.com/2016/06/30/daily-stock-pick-july-2016/

Cheers
12/07/2016 07:32
Steven Yks Greetings, for people who are interested in opening a CDS account for shares trading, feel free to give me a call or via message. HP:019-661 0915
16/07/2016 03:54
Hamizan Anas Anyone can reommend which broker have longest period for collateralised trades. For example, maybank offer 3 days. How about others?
16/07/2016 08:49
EDLCK Enhanced yourself with daily technical call @ https://stockwisdom.wordpress.com/2016/07/31/daily-stock-pick-august-2016/

Don't forget to have up-to-date consults by opening CIMB trading account with Edward Lee @ 012-9022474.

Cheers
13/08/2016 06:11
EDLCK https://stockwisdom.wordpress.com/2016/06/30/daily-stock-pick-july-2016/

Iris buy call on 18-July @ just 0.145, it hit 0.24, which potentially yield 65.51% return in less than one month!
18/08/2016 06:09
soros177 Anyone can suggest any trading account with t+10 ? i'm interest with this.
25/08/2016 12:50
fd2r any dealer here from Am invest. I'm interested to open CDS acc. Thanks.
01/09/2016 16:19
flyingkite ....
01/09/2016 16:23
Norlizah Mohd Nor me too...aminvest looks to be the cheapest way to trade
04/09/2016 13:16
henry9889 which has the simplest
04/09/2016 13:58
EDLCK Good morning fellow traders, embrace yourself with the latest technical outlook for global market here:

https://stockwisdom.wordpress.com/2016/09/04/global-weekly-technical-week-5-9-sept-16/
05/09/2016 06:21
mysmo1 i am wondering why AmInvest is rated at 2.5 star only even though the broker rate is the lowest?
07/09/2016 14:23
Abraham David Why no mention on brokerage rate for Cash Upfront RHB account online transactions? Suggest follow Am Bank rates for e payments.
13/09/2016 12:41
loyheng I'm Chow Loy Heng, shares and derivatives (futures) dealer representative with Hong Leong Investment Bank (Menara HLA, KL) with more than two decades of experience in capital markets with various local and foreign financial institutions. I have good knowledge of the whole spectrum of the retail investment universe.

We have Self-Directed trading and Guided & Assisted trading accounts to accommodate different types of investors.

If anyone is interested in opening share or/and futures/commodities trading account or to know more about our products and services, please do not hesitate to reach me at my email hlc@hlib.com.my (Please remember to provide your contact number in your email.) Thank you.

Email: hlc@hlib.com.my
19/09/2016 12:15