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 Bank
Affin Bank
  • 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) account
  • Online payment: Maybank, Hong Leong Bank.
  • Rate as low as 0.10% (call to inquire)
  • 20 commission free Futures contracts on Bursa Malaysia Derivatives with a new HLG Futures Trading Account.
  • Free access to live Futures Prices on the HLeBroking Portal.
HWANGDBS
HWANGDBS
  • 0-100k:0.42%
  • >100k: 0.21%
  • Intraday: 0.15%
  • Minimum: RM 12 - RM28
  • 1-5 x cash collateral (based on dealer's recommendation)
  • Online payment: Maybank2u, Public Bank, Standard Chartered
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client.
Jupiter Securities
Jupiter Securities
Cash Upfront
  • 0-50k : 0.10%
  • >50k: 0.05%
  • Intraday: 0.05%
  • Minimum: RM10

Collateralised
  • 0-100k: 0.30%
  • >100k: 0.20%
  • Intraday: 0.05%
  • 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
  • Promotion rate for Cash Upfront account: 0.035% or min RM6 (per contract)
  • Attractive Margin Financing Package
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client (within 30 days period).
OSK
OSK
Cash Upfront
  • 0.1%
  • Minimum: RM12

Collateralised
  • 0-100k: 0.42%
  • >100k: 0.21%
  • Minimum: RM12
  • 2 x cash collateral, 1 x shares collateral
  • No online payment. Payment by cheque or direct bank in to branch account.
-
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.
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.

  31 people like this.
 
Superman009 AmInvestment Bank offers the lowest brokerage rate at 0.035% or minimum RM6. It offers the lowest brokerage rate in the whole of Malaysia (compared to all the other brokers). Trading with the eDirect account with AmInvestment Bank and I am happy with the service so far. If you want to know more about eDirect, just go to www.amesecurities.com.my
25/08/2014 23:21
Wisesevestor 0.035%, there is always hidden charges! or u hv to make certain deposit? not worth indeed, its just an external appearance~
27/08/2014 10:15
gc7sdu Agree...must hv minimun deposit only get this rate if not back to normal one.
27/08/2014 10:18
yongyou Hi Edward Lee, need cash upfront or deposit?
28/08/2014 10:11
yongyou Hi Edward Lee, do you provide TP/TA/Buy & Sell Recommedation to your client?
28/08/2014 10:12
Jenz Cheng hi, does anyone know where can i find a list of oversea rate(if i need to trade oversea stock). Which trader is better rate ? thanks
28/08/2014 16:13
yjsoh Any Bank can Open Trading account? I also new in Share now. Would like to learn more.
Any wed site and give more info., How to start and what to know in Malaysia before start invest into Share. Thanks for the advice.
29/08/2014 13:37
Edward Lee Hi yongyou, for first time, you must deposit some cash first, then after you bought certain shares, u can use the limit from the share to buy another share, but after 3 working days you have to top up the money.

I can provide if you need it.
29/08/2014 15:22
Edward Lee Jenz Cheng: which foreign market u mean? CIMB can open trading account to trade foreign shares, including US, Singapore and HK shares thru online~~
yjsoh: u need to contact a dealer representative in order to help u open a share trading account. U may contact me if u r interested of CIMB one.
29/08/2014 15:26
Edward Lee Post removed. Why?
29/08/2014 22:33