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.
-
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).
Rakuten Trade
Rakuten Trade
  • 0-1k: RM 7
  • 1-10k: RM 8
  • 10-100k: 0.10%
  • >100k: RM 100
  • Minimum: RM 7
  • 1 x cash collateral
  • Direct Bank-in via FPX fund transfer from various banks
  • Online cash upfront 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.
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.
 
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
Bursa's Wall Street 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 drop your inquiry to Edward @ 012-9022 474. Cheers.
28/06/2017 08:12
Bursa's Wall Street https://www.laburlah.com/single-post/2017/06/19/Calculating-a-companies-assets---its-it-a-good-way-to-determine-an-undervalued-company
28/06/2017 08:16
edmundthetrader Trade with UOB Kay Hian to enjoy the LOWEST CONTRA BROKERAGE in the town

Collateralised:
•0-100k : 0.28% ***
•>100k : 0.18% ***
•Intraday: 0.8% ***
•Minimum : RM8

Limit
•3x Cash Collateral, up to 2x Shares Collateral


Kindly call for more info 016-673 5186 (Edmund)

***UOB Bank's client
04/07/2017 09:20
alvin8898 For Ambank Securities, cash upfront brokerage has been revised from 0.035% to 0.05%, minimum RM6 now changed to RM8 with effective 3/7/2017.
07/07/2017 08:49
Walentino Ta minimum broker fee is Rm28 , this is unreasonable
16/07/2017 21:56
carynchua FYI, RAKUTENTRADE platform doesn't allow u to have both buying and selling of the same counter, if either one is still pending (which means to say; if u have a sell order for example:- PTGTIN 100,000@0.330; u would not be allow to have another buy order at say, buy PTGTIN 50,000@0.310)
the logic is to prevent manipulation. why KENTRADE which is much larger can allow it?
beware of this restriction!!!
20/07/2017 18:59
lohchanmd i3 list of Bursa member brokerage fees may be outdated. Low fee offers may be valid for a short period of time and then being reverted to normal high charge. Some firms have hidden fees or unmentioned conditions. To attract new trading account opening, some absorb limited stock transfer fee RM10 from another trading account.
24/07/2017 15:25
alantan AmeSecurities : min brokerage is RM8 ,,,no more rm6
26/07/2017 14:56
wongyuji im from aminvestment bank.. 016-3459256... wong ...

online n
collaterised
below 100k 0.4
above 100k 0.2
min $28....
09/08/2017 11:35
Sekinchan2 Y does HL Broking need the entire bank statement ?
05/09/2017 21:43
SP66 Is there any online portal that allows you to enter buy / sell on same share . Ie position your stop loss / take profit ?
08/09/2017 09:48
atonI3 I3 investors, what is your preferred platform? It seems to me that M+ is quite popular with low brokerage fees? Does it offer Stop-Loss function?
Thanks.
11/09/2017 16:36
ladislav_varga where I can find out the Corporate Action Fees for receiving dividends trading via Maybank
09/10/2017 13:44
velhhtan Hi, I would like to know any Broker offer CFD trading?
10/10/2017 11:04
Jona0724 How come my aminvestment trading fee 0.5 per transaction below 100k?

wongyuji im from aminvestment bank.. 016-3459256... wong ...

online n
collaterised
below 100k 0.4
above 100k 0.2
min $28....
09/08/2017 11:35
15/10/2017 10:31
10206809984242765 open an account with affinhwang before 20th October 2017 and you will entitled to enjoy 0.01% /min rm1 brokerage rate until end of this year.

visit nearest Affinhwang Branch for details. if you stay in IPOH@Perak kindly contact me at 013-3108156 (hamdi) or visit my office at greentown bussines centre.

terms & conditions apply.
16/10/2017 12:20
Yk Yong any advise
on maybank
20/11/2017 04:48
Cnlim Very good rate
20/11/2017 07:55
madguy HLebroking no more in this list ???
24/11/2017 20:12
Bursa's Wall Street CIMB - 0.1% or min RM8 online brokerage, no need to walk in to our office.

Contact me for further arrangement, 012-9022 474 Ed
27/11/2017 11:12
accure Any trading platform allow both buy and sell queue in same stock? Or able to queue stop loss? like we can queue a stock at certain targeted price, but if it dropped and reach our stop loss it will trigger and adjusted our sell queue to that price. Means we can input both highest and lowest price to sell.
28/11/2017 07:34
newbie5354 sifus why i3 rate HL Broking no 1? Cheapest broker? Best broker to give advise? Can ask anyone here from HL Broking?
29/11/2017 16:39
meyau21 I use tradebeyond platform with 0.1% brokerage fees and special rate for foreign market through Singapore exchange. But, Just now, they charged me 25USD for foreign transactions. Anyone here having a same problem with me?
15/12/2017 02:16
saifj76 hii...saya baru di sini...boleh sesiapa membantu saya utk melabur...wassup 0192597150
03/01/2018 11:53
Anie42 Can someone adv me which ib give best bro rate
03/01/2018 18:34
KH Chin Which broker provides:
1. No / Low dividend charges
2. RM12-- brokerage fees
3. Online deposit into trading account from Public Bank
4. ALWAYS UP TO DATE stock information
5. No minimum deposit
6. EASY CDS and TRADING ACCOUNT REGISTRATION
25/01/2018 21:18
KH Chin Anyone can give latest review on HLeBroking? How is the interface? Is the information up to date?
25/01/2018 21:53
hollandking meyau21, the USD25 you are talking about is correct, is roughly between USD25-30, in singapore, let's say you open an account in singapore, but you buy US stocks, is roughly about USD30(min) BUT they charged CUSTODIAN fee. Malaysia, I'm not sure if got custodian fee or not but singapore dbsvickers charged custodian fee(long ago they don't charge but later on they changed this), meaning for each US counter you have, they charged you few dollars every quarter(if i remember correctly), this is something which newbies don't know about. This custodian fee can be very heavy if you have bought many counters. As for malaysia, I asked about this before for buying US(foreign) stocks, they told me no custodian fee BUT it is always good to ask whether do they charged custodian fee for foreign stocks. Just bear in mind, present doesn't charge custodian fee doesnt mean that they wont charge you in future. I'm using maybank(not maybank investment bank), well the platform boleh tahanlah,but is not up to my expectation, but pricing ok, I'm just using it to buy and sell, so I'm not so fussy with the interface, because fund is transfer internally within the bank, I can do it easily. Newbies, be careful when buying stocks, it isn't as rosy as you think. Is harder to make money in bursa than in US markets.
25/01/2018 22:11
hollandking a common mistake which newbies made is dumping all their money one shot into 1 trade, NEVER DO THIS.
25/01/2018 22:14
hollandking there's another thing about US, they got many markets, there are some con counters, which value can drop below 1 cents. The problem is some of these counters drop to zero value, you are stucked with them, and they still charge you custodian fees, in this case, going to customer support isn't going to help. If you meet such case where you can't dispose worthless counters, call helpdesk to connect you to a remiser. Those phone ppl doesn't have an idea how to deal with this. Only remiser khow how to deal with this problem.
25/01/2018 22:21
A D please advice when is the next Turbo-Mech's AGM? Should I sell this share now because there is no dividend for the last few years.
14/02/2018 12:47
ruwenn Hi everyone, I'm from CIMB Investment Bank.

Our TradeBeyond account is offering 0.1% and minimum RM8 brokerage fees, with no minimum deposit.

You may contact me via Whatsapp at 012-7706822 for more info.

Thanks.
15/03/2018 15:09
aliciaL what is the current am securities brokerage fees for cash upfront account?
03/04/2018 16:45
10206809984242765 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.our platform equipped with stop loss feature, and soon single log in platform for equities and futures.

Cash 0.1-0.2%,Min RM12
Collateral 0.2-0.42%, Min RM 12-28. Trading Limit 2.5x deposit.
T&C Apply. 2.65 % interest on trust account.

kindly drop your enquiry to hamdi@013-3108156 or visit us at AffinHwang Capital Ipoh branch(greentown business centre).
09/04/2018 14:44
Lim Tek Wai How its happen
09/04/2018 14:44
Junnn I'm Junn, from UOB Kay Hian.



As low as just ** 0.1% and MIN RM 8 ** brokerage fees.

*** not require any special T&C, applicable for all.


No need walk in to our branches. Contact me for arrangement.


# Consistently educational support
- market outlook & stockpicks (monthly)
- fundamental analysis & technical analysis training (biweekly)
- platform training (biweekly)
# Special technical analysis tools
- ChartGenie: monitors your portfolio & alerts you for technical chart break signals
- TechAnalyzer: screen stocks through technical strategies & patterns
# Profit & loss calculator
# provide 2.38% interest per annum in trust account


Contact me via www.wasap.my/60162413687/uobkayhian or ericyapjun@gmail.com

Happy trading.
19/04/2018 09:45