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: 0.7%
  • >100k: 0.7%
  • 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).
AmEquities
AmEquities
Cash Upfront - eDirect
  • 0.05%
  • Minimum: RM8

Collateralised
  • 0-100k: 0.40%
  • >100k: 0.20%
  • Minimum: RM28
  • Odd lots: RM12
  • Intraday: 0.15%
  • 3 x cash and 2 x share capping (Collateralised account)
  • eDeposit/eSettlement through Ambank
  • Supports Good Till Date (GTD) order - order valid until a certain date specified by the client.
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).
BIMB
BIMB Securities
  • 0-100k: 0.3%
  • >100k: 0.2%
  • Intraday: 0.15%
  • Minimum: RM14
  • 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
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
Cash Upfront (VALUeTRADE)
  • 0.10%
  • Intraday: 0.10%
  • Minimum: RM8

Collateralised (1TRADE)
  • 0-100k: 0.38%
  • >100k: 0.18%
  • Intraday: 0.10%
  • Minimum: RM8
Cash Upfront (VALUeTRADE):
  • cash balance - transaction costs

Collateralised (1TRADE):
  • 2 x cash collateral
  • 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: 0.42%
  • >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 (Mplus Silver)
  • 0.08% < 50k
  • 0.05% > 50k
  • Intraday: 0.08%
  • Minimum: RM8

Collateralised (Mplus Gold/T7)
  • 0-50k: 0.30%
  • >50k: 0.20%
  • Intraday: 0.10%
  • Minimum: RM10
Cash Upfront:
  • Cash balance - transaction costs

Collateralised:
  • Up to 3 x cash collateral + 2 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.
-
Rakuten Trade
Rakuten Trade
Cash upfront:
  • 0-1k: RM 7
  • 1-10k: RM 8
  • 10-100k: 0.10%
  • >100k: RM 100
  • Minimum: RM 7

Contra:
  • 0-1k: RM 7
  • 1-10k: RM 8
  • 10-100k: 0.10%
  • >100k: RM 100
  • Minimum: RM 7
Cash Upfront:
  • 1 x cash collateral

Contra:
  • up to 5 x cash for certain stocks
  • Direct Bank-in via FPX fund transfer from various banks
  • Online cash upfront and contra accounts
  • Day trade rebate program
  • Trade and earn Rakuten Trade (RT) points
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.

  38 people like this.
 
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 10:21 PM
thanaraj 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 PM
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 3:09 PM
aliciaL what is the current am securities brokerage fees for cash upfront account?
03/04/2018 4:45 PM
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.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 2:44 PM
Lim Tek Wai How its happen
09/04/2018 2:44 PM
happy1983 any investment provide zero moving cost?
01/05/2018 9:11 AM
Alex™ @happy1983

mplus. zero moving cost for 5 stocks. But require u to conduct 5 trades prior to the entitlement.
01/05/2018 9:16 AM
thanaraj At the current depressed TM share at RM 3.69, EPF bought 12 million TM shares from 13/6/18 to 18/6/18. Why? Because EPF knows TM share will certainly appreciate to RM 5.30 with time to its forecast fair value. Hence I recommend investors buy this share to cut yr loss and average yr higher earlier buying share price.
19/06/2018 4:41 PM
TrideMarkets Hello any Maybank dealer here, based in KL one. Looking more info on short-term financing.
24/08/2018 12:13 PM
ZEPAN alantan AmeSecurities : min brokerage is RM8 ,,,no more rm6
26/07/2017 14:56

Lousy service, I say forget it. Every time I bank in money whether over the Ambank counter or using Amonline, it takes sometimes 1 day to seed your money in your trading account, what type of trading service is this?

This morning I bank in online some money but until for nearly 2 hours the money is not in my trading account yet...why, why, why?????
06/09/2018 11:11 AM
ZEPAN This morning at around 10am, I use Amonline to put some money into my Amsecurities account but until now despite numerous calls to my remiser, the money had not been inside my trading account ey, yes until now no money inside my trading account. To my friends, forget about Amsecurites, really lousy service. Thank you all.
06/09/2018 11:54 AM
Shi Xuan rakuten trade and cimb itrade which one is better?
16/09/2018 2:33 PM
SALAM how about Malacca securities??
16/09/2018 7:55 PM
ZEPAN Junnn I'm Junn, from UOB Kay Hian


What's the trading platform it uses, same as Hong Leong, Maybank, Amsecurities, CIMB or Public Nominees? Thank you.
18/09/2018 8:13 AM
62jcsee i am interest to open account at Maybank or cimb , who can help
28/09/2018 2:26 PM
MinHoo BIMB Securities
0.3% below Rm100k
0.2% above RM100k
0.15% intraday
MIN RM14.00
26/10/2018 4:59 PM
keahkyle how is maybank? intraday rates?
28/10/2018 7:40 PM
Bursa's Wall Street Looking for 0.1% or min RM8 brokerage in CIMB?
Drop me your message @ 012-9022474 Edward Lee
12/11/2018 8:04 AM
thanaraj I wrote my comments on Nestle Malaysia on 16/11/18. But I do not see it published until now. Why?
16/11/2018 10:25 PM
blank339 subscribe to pewdiepie
25/12/2018 6:17 AM
feimah Any of you know which one got additional screener ie Magic formula (Joel Geenblatt), piotroski score n other fundamental indicators?
25/12/2018 1:37 PM
Limbeh am thinking to change broker too... I have been using hle since last time and its quite nice and user friendly..but my hle only have 3level for market depth...
even my newly opened maybank also have 5level, but I dont like maybank user interface, kinda complicated to navigate around...
25/12/2018 11:03 PM
Goh Kim Hock come join me at Hong Leong Investment Bank. Good traders are in there.
25/12/2018 11:35 PM
Pacific M+ online is the worst among all the brokers. Indeed they charge merely cheap fees but lousy service.
Preferable HLB, Rakuten or Amequities
28/12/2018 2:54 PM
martinchua88332 get info from https://www.amequities.com.my

Cash Upfront account
Brokerage 0.05% Min RM8
Trust Account Interest 2.55%
Trading Limit 0.9x for cash (only 90 percent of my money ?)

anyone care to share info like
1 admin fee or hidden fees
2Trust Account Interest
3Trading Limit 0.9x for cash (90 PERCENT OF MY MONEY? )
4Procedure of esettlement and withdrawal
5any other hidden costs
6AmEquities charges per order OR per contract ?
29/12/2018 7:52 AM
lazycat mplus now compatible with all browsers :p
no need use IE to trade anymore!!
02/01/2019 5:48 PM
AJ100 Need a bit of advice where do I check the comparison between US-based brokers (e.g. Interactive broker / TD Ameritrade) and Malaysian brokers that offer foreign trading?
05/02/2019 2:27 PM
Muhamad Zarrin To those whose want to open an account with Mplus, kindly contact me at 0136451451.
27/02/2019 2:59 PM
Apexetrader Lets open Trading acc with JF Apex Securities (apexetrade) for FREE and enjoy trading limit up to 4X CASH and 3X SHARES at a very competitive rate! (Deposit RM10K, got RM40K trading limit!)

Our brokerage rates are as below:
Min : RM12
> RM100,000 : 0.42%
< RM100,000 : 0.3%
Intraday: 0.15%

Enquire now at 011 3794 4936.

-Double your trading capital faster with JF Apex Securities!-
23/03/2019 6:44 PM
Jason0425 I'm Jason, from Maybank Investment Bank.

**Cash up-front & Collateralize Account**
No need walk in to our branches. Contact me for arrangement.

Why us?

1) EVENTS:
- We organize Session with Analyst from time to time.

2) MAYBANK INSIGHTS:
- We understand the need for timely access to professional advice and market intelligence to stay ahead of the market. That is why we have created Market Insight, where our clients can access the very best of our proprietary research and real time market intelligence via one gateway

3) RESEARCH REPORT:
- Maybank Kim Eng Kopi-O (Daily review of M'sia, SG and HK market with stockpicks & market/corporate news.)
- Regional Traders' Almanac (Technical analysis & stockpicks for the regional markets.)
- Maybank Kim Eng Expresso (Daily US & European highlights)

4) MODEL PORTFOLIO:
- No idea on what stocks to buy? We have a model portfolio for your reference.

Feel free to contact me via WhatsApp 014-3661 350 www.wasap.my/60143661350/MIB

Happy trading everyone.
29/03/2019 2:54 PM
johnny cash anybody here had open account with M+ PLUS securities, and also subscribe to their iSaham a stock screener??? i want to know more on this, please whatsapp me at +60193629402... another thing which i like to know which securities is having the best Research, and other types of screeners that we can use once registered with them. thanks
08/04/2019 12:48 PM
LegendTrader111 *HLeBroking* Trader's favorite platform

Are you a trader?
Are you looking for a trading strategy to minimize your risk and maximize your profit?
Are you looking for a dealer who could provide knowledge on value investing, contra trading?

DO YOU WANT TO KNOW MY STRATEGY HOW TO MAKE PROFIT???!!!

Value Trade (Cash Account): 0.1%, Minimum RM8

Power Trade (Limit Account): -Transaction below RM100k: 0.38%, Minimum RM12
-Transaction above RM100k: 0.18%
-Intraday: 0.1% !!!

Why you should open HLeBroking Account:
1) 2.60% p.a. interest in Trust Account (Daily rest)

2) HLeChart, Equities Tracker, Daily Research Report, Stock Pick from our research team

3) Friendly Dealer who provide FREE Market Outlook, Fundamental Analysis, Technical Analysis of stock pick.

4) Foreign Share Trading (Australia, Singapore, US, Hong Kong)

5) IDSS function, Stop Limit function.

Opportunities come to those who are prepared.

Please do not hesitate to Whatsapp me: 010-219 1513 (Matthew)
10/04/2019 9:27 PM
Jason0425 *MAYBANK TRADE*



Why work hard when you can invest smart?

**Cash up-front & Collateralize Account** (PM for details)
No need walk in to our branches. Contact me for arrangement.



Why us?

1) 2.55% p.a interest in Trust Account

2) EVENTS:
- We have Session with Analyst from time to time.

3) MAYBANK INSIGHTS:
- We understand the need for timely access to professional advice and market intelligence to stay ahead of the market. That is why we have created Market Insight, where our clients can access the very best of our proprietary research and real time market intelligence via one gateway

4) RESEARCH REPORT:
- Maybank Kim Eng Kopi-O (Daily review of M'sia, SG and HK market with stockpicks & market/corporate news.)
- Regional Traders' Almanac (Technical analysis & stockpicks for the regional markets.)
- Maybank Kim Eng Expresso (Daily US & European highlights)

5) MODEL PORTFOLIO:
- No idea on what stocks to buy? We have a model portfolio!



Contact me via WhatsApp 014-3661 350 (Jason) www.wasap.my/60143661350/MIB
It's time to bring your trading to the next level.
11/04/2019 11:26 AM
Grover how to use Hong Leong stop limit? I don't understand how to use it. Please teach me. Thank you.
16/04/2019 8:22 PM
PresidentRotiCanai Contact ur remiser and he/she will enable stop limit to u. U only can use stop limit using dekstop by clicking advance mode at RHS of screen
16/04/2019 8:53 PM
Tong Coleman Hopefully MA Securities don't have intention to revise their brokerage fee structure
03/05/2019 3:56 PM
Sheila James Anybody here from Jupiter securities changed to CGS itrade? How much is the brokerage fee? How do I withdraw cash or shares from CGS itrade account? Can I do online?
06/07/2019 10:23 PM
Kris Wong Hi, anyone who wish to know more about the many advantages to invest in Loanstocks and Preference Shares and other fixed income securities listed in Bursa is welcome to call/whatsapp me at 011-59460202
06/07/2019 10:35 PM
lurhays a bit nice using fpx deposit in mplus... no need to frequently call the lousy remisier to checking up our deposit or withdraw...
07/07/2019 10:14 PM
pendekar RHB has Stop loss order? For KLSE?
11/07/2019 5:56 PM
lurhays any new news about i-trade with cgs joining part..? they said her online platform has change to 2.1 version..?
13/07/2019 6:52 PM
edricee Hi Junnn, how come UOBKH website says the min fee is RM 28? https://www.utrade.com.my/public/faq_local
27/07/2019 11:11 PM
Elly Halim How to apply Rakuten Cds account?
12/08/2019 3:34 PM
moon11 Any ambank remisier here? i Interested to open account, please pm me
20/08/2019 5:13 PM
investlogic Hong Leong Bank's HLeBroking is getting worse, keep cutting cost to ramp up profit, service is getting bad, analysts report is also very shallow, now even want to discontinue the service of emailing the statement. I think i have to start looking for other broker.
21/08/2019 10:48 AM
anticon investlogic Hong Leong Bank's HLeBroking is getting worse, keep cutting cost to ramp up profit, service is getting bad, analysts report is also very shallow, now even want to discontinue the service of emailing the statement. I think i have to start looking for other broker.
21/08/2019 10:48 AM


You said it, it really getting from bad to worse. I had already close my HLeBroking a few months back and join Am Securities. Moreover Am Securities staff are rather friendly and helpful but I can't say the same for HL.
25/09/2019 12:53 PM
Junnn I’m Junn, from UOB Kay Hian.

For Cash up-front & Collateralize Account


As low as just ** 0.1% or MIN RM 8 ** brokerage fees
*** not require any special T&C, applicable for all.


Other than competitive brokerage fees, we also provide additional value to the users:

1) SEMINAR (physically / learning online)
– A to Z training from platform training to fundamental or technical analysis seminars.

2) Private WhatsApp group providing trading ideas.

3) Foreign markets accessible (US, HK, SGX)

4) Robot orders (Stop Limit & Limit if Touch)
- System help execute orders while you're working.

5) EXTRA TECHNICAL ANALYSIS TOOL
– Technical Screener & real-time charting software.

6) RESEARCH REPORT (covered US, HK, SG, M’sia market)
– From whole market, sector, to particular listed company.

7) IDSS (intraday short selling)

6) Provide 2.38% interest per annum in trust account.


Never ask never know, any inquiries please WhatsApp me.
WhatsApp me via http://www.wasap.my/60162413687/uobkayhian or call 016-2413 687

Happy trading/investing.
02/10/2019 11:08 PM
ter001 Malacca Securities Sdn Bhd (mplusonline.com) has FPX payment facility to perform immediate deposit and instantly available for investing after confirmation. Funds transfer like interbank giro delays and takes so long to process maybe until the next day after you make deposit today.
08/10/2019 11:08 AM
7300 yes,best so far
08/10/2019 11:17 AM