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.

  36 people like this.
 
24/10/2016 08:11
alvinchiam Why RHB so lousy...???
24/10/2016 08:13
alvinchiam Last time ..OSK the best...
24/10/2016 08:14
joni heard Jupital and Melaka Securities are best in Subang Jaya ; hope someone can hightlight in this forum.
27/10/2016 12:21
sien if i changed broker, how should I transfer my stocks to new broker?
04/11/2016 15:26
jasonor pb 0.70%, not 0.42%.
08/11/2016 11:28
jasonor pb bank also no automatic stop loss order, if u on vacation and the market is crashing, then u need to manually key in sell order. by that time, the price might have fallen alot.. so i don't understand why lousy service like this wanna ask 0.70% brokerage from their client.
08/11/2016 11:28
jasonor their android trading apps (PB Sharelink) very lousy and outdated.
08/11/2016 11:32
Gore Victor Lee JUST CALL jf aPEX , NO SUCH 0.05%, VERY MISLEADING..I3 MUST CHECK, DON'T SIMPLY PUT....MAKE PEOPLE ANGRY AND FEEL NO TRUST TO I3
11/11/2016 14:35
Gore Victor Lee this page very misleading.............
19/11/2016 11:03
Burntnicer is this for real.. i mean, can any body tell me whats going on?
19/11/2016 11:05
EDLCK Dear traders, please feel free to access your free stock pick here.

https://stockwisdom.wordpress.com/

Cheers!
22/11/2016 06:15
EDLCK Seeking for better investment platform? Why not trying CIMB TradeBeyond, brokerage 0.1% or min RM8 for any kinds of transactions.

No minimum deposit required, and you can start with any capital you wish.

Please serve your interest by dropping an enquiry to Edward @ 012-9022 474. Cheers.
30/11/2016 05:43
Amdi Hamzah Attention traders/investors..especially those in ipoh/perak/northen regions, interested to trade with Affinhwang?
we provide u with great investment platform and charting tools.

kindly drop an enquiry to hamdi@013-3108156 or visit us at AffinHwang Capital Ipoh branch(greentown business centre).
13/12/2016 11:24
gampang dont go to remisier...many of them are crooked.
10/01/2017 10:04
frankkew any broker recommended?
27/01/2017 17:51
ZARA what is the different between CIMB I-Trade and CIMB Trade Beyond?
02/02/2017 15:48
Alex Wong Scam. Ambank RM40
03/02/2017 17:31
Tempac M+ Online (M+ Silver) and HLeBroking (Value Trade) among the best. Truely.
03/02/2017 17:37
Tempac Especially for day traders.
03/02/2017 17:38
Tempac They have two account types. Power Trade and Value Trade. Value Trade broker fee only 0.1% or minimum RM8. But you must put cash in your trust account first before buy shares.

M+ Silver also good. 0.08% or minimum RM8. Small company but good customer service.
03/02/2017 17:42
Tempac I own both of them.
03/02/2017 17:43
Christy Lim How to get the potential stock to buy report everyday or weekly basis?
07/02/2017 15:19
hanifcaterer hi guys im very fresh n o knowledge in share market can onyone help me out ...i already have cds acc with maybank...cl me 0122059472
03/03/2017 16:13
limlw Hi may i know what does it mean by minimum RM* brokerage fees?
08/03/2017 11:27
pengembaraalam i m interested to open hong leong investment account. Any dealer, plz whats app/ contact me at 011-20642411
09/03/2017 01:19
jo888 hi, any broker offer CFD account which can do short
09/03/2017 15:22
Ryoga LoVe Dyana ambank rm6 minimum brokerage fee, is it true? any downsite? can someone please enlighten me? I plan to choose broker with minimum brokerage fee since I won't be buying at large amount. Thank you
11/03/2017 11:25
csong1960 Can I have 2 CDS accounts?

Currently I have an "Inactive Account" with RHB Investment Bank (formerly OSK) and will be re-activating it next week. But I wish to open a 2nd CDS account with another new broker ... is it possible? Thanks!
11/03/2017 17:04
Erie Yes csong1960..u have to open new cds and trading account if change broker..
11/03/2017 18:15
nikicheong So far I'm using Maybank...it's OK lah. For full features requires Internet Explorer(!!). But in terms of fees and ease of use, no complaints. Mobile app should be improved though.
13/03/2017 21:13
nithavjayalaxmi I m just newbie.. any suggest low brokage & free hassle brokage bank?
16/03/2017 03:07
ViVa Qak i m interested to open hong leong investment account. Any dealer, plz whatsapp/contact me at 016-9104511
19/03/2017 00:36
Alex Foo want to ask...which platform provides simple stop-loss, and trailing stop-loss? i use maybank2u now, but can't find that option.
31/03/2017 15:58
Maxi Ho is our money in the trading account protected?
03/04/2017 17:03
jedyzz interested in investing, but doesn't have CDS ACC yet. Please contact me 014-9597119.
13/04/2017 14:38
Baba Ca How is Ambank's services? I thought of opening an Account there.
13/04/2017 20:19
jteemin Anyone trade with TradeBeyond here? Can you share your experience. Any hidden cost or charges?
Most of the comment here focus on commission but some of the broker impose maintenance fee.
26/04/2017 17:34
TOHWN Dear Investors/ Traders,

Interested to know more about the account types provided by M+ Online? Our brokerage fees are as low as 0.05% or Min RM8 only.

Feel free to drop your enquiry to me @ 016-451 2797.
05/05/2017 11:41
prudencee can anyone review the new rakuten online trading platform?
19/05/2017 15:54
jaynetan Posted by gampang > Jan 10, 2017 10:04 AM | Report Abuse

dont go to remisier...many of them are crooked.


this comment too bad
19/05/2017 16:32
relaks What do u guys think of this online trading?

The brokerage fee structure for iSPEED.my, which is among the lowest in the country, features a flat rate of RM100 for any transaction of RM100,000 and above, while the fee for transactions between RM10,000 and RM99,999 is 0.1% or 10 basis points.
It charges a flat rate of RM8 for transactions between RM1,000 and RM9,999 and RM7 for transactions below RM1,000.

Read more at http://www.thestar.com.my/business/business-news/2017/05/19/online-trading-landscape-shakeup/#OgosGlmWJERyi4g8.99
http://www.thestar.com.my/business/business-news/2017/05/19/online-trading-landscape-shakeup/
20/05/2017 00:13
soros177 any hl dealer here ?
28/05/2017 22:44
Tom Merina Thomas are all dealers offer 30 days Good Till Date (GTD) order ? Is there any limits?
30/05/2017 11:41
puranrohit can i know what is the best trading platform for technical analysis
30/05/2017 23:37
puranrohit which also have stop loss
30/05/2017 23:39
yang88 Erie. If I want to change broker, am I able to transfer my shares from the old brokerage firm to the new brokerage firm after opening newCDS and trading account ?
04/06/2017 15:22
trumpco what is MAYBANK fees? 0.1% for any figure? rm8 min for how much trading price??
09/06/2017 08:54
Bizfuneng Amdi Hamzah, can u provide broken details? Xfer of shares what charges AffinHwang?
09/06/2017 09:21
Baba Ca Any one here using PM SECURITIES SDN BHD? How is their brokerage charges for cash upfront A/c?
13/06/2017 10:54