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.

 

Broker
Rate Online Brokerage Fees Trading Limit Payment Method Special Offer / Features
affin
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).
ambank
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
jfapex
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.
hleb
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.
hdbs
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
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.
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
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
mplusonline
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
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 LossConditional LimitGood till Date and Good till Order with RHBInvest Program Trading.
sj
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.
utrade
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.

*** Note: Some offers may be valid for a limited time only. The information and links on this page are provided for your convenience only.

 

sources from : http://klse.i3investor.com/jsp/hti/brokers.jsp

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