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) 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.
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).
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.
 
AL_C Hi wanted to check who is providing min charge and lowest brokerage charge for cash upfront.
27/01/2015 10:52
talktong Edward Lee,few question,some using itrade cimb brokerage 0.42,>100k 0.21%.click trader upfront RM10K,sell from this account existing stock, any amount as long as is frm this account n 10k cash in this account,rate is 0.0388%/RM8.88(NO COLLETERAL ON THIS ACCOUNT FROM your PREVIOUS BUYING STOCK bcoz under nominee,mean any convertion fr warrant to mother share subject to fees n divident not direy pay you n subject to fees,Buying amount from this account subject to cash available on this account,must have balance RM10 n brokerage fees,stamp duty,N the minima amount deposit can be use as settoff for your bought, to 99%only,as long as there is 10k in this account buying n seling from this account subject to this spacial rate 0.0388%,if u use the RM10 to setoff buying, than deposit amount is less than 10k,later all your buy n sell will be charge according to normal rate. 0.42% ,so how to change above to RM8/0.1% brokerage rate,please advice,n formarging with rate cimb use fir buy n sell under pledge account?thkyou
31/01/2015 02:59
strike87 may i know, where is maybank / cimb for make account investment in bintulu town?
01/02/2015 22:09
Hk Wong Better get osk188.
01/02/2015 22:24
Hk Wong somewhere AT park cita Bintulu osk investment bank
01/02/2015 22:24
mka222 Any idea which brokers are offering trailing stop feature in their platforms?
01/02/2015 22:42
RAYdiant Hi i3Investor, I am new here. May I know why some brokers charge brokerage fees as low as RM8-12 (or 0.1 to 0.3 <RM100K) but majority charge the standard RM28 for brokerage and 0.42% <RM100k)?
Are there any catch in terms of trading platform features, services offered, etc? Thanks!
15/02/2015 12:10
Shamsuddin Salleh no catch as far as i know and experience. perhaps the expensive one offer better chart if you are into analysis and etc
17/02/2015 17:01
Edward Lee Post removed. Why?
25/02/2015 10:00
Goh Jin Heng anybody can tell me the difference between normal aminvestment online account and edirect please?thks
26/02/2015 00:41