Stock Broker Comparison

Stock Broker Comparison

Below is the list of stockbrokers in Malaysia. The table gives you easy comparisons between stockbrokers. Hopefully, this table will help you to make your best decision. Please note that, this list may become outdated or having some missing information. Although this table is helpful to make your decision, it is always best to get information directly from respective stockbroker. Feedback or update from you are highly appreciated. Please kindly email us at feedback@investuni.com.

Broker Brokerage Fees Foreign Exchanges Interest on Trust account Intraday trade buy limit Min Capital required Platform Trial Account Note
AFFIN HWANG INVESTMENT BANK BERHAD 0.6%<RM100K>0.3%, min RM28 0.6%<RM100K>0.3%, min RM28 0.07% to 0.2% or min RM32 Yes 0.15% 1 x cash collateral No Java (N2N Connect) Demo only Online routed retail trades  Up to 30% discount
ALLIANCE INVESTMENT BANK BERHAD 0.42%<RM100K>0.21%, min RM12 0.42%<RM100K>0.21%, min RM12 Brokerage as attached according to country market plus local offline charges as above No 0.15% 10.6 ActiveX (Excel Force) No Support Normal order, Good Till Date,
AMINVESTMENT BANK BERHAD 0.035% or min RM6 <RM100k: RM28 or 0.4% >RM100k: min RM 28; odd lots RM12 Yes NA 0.15% 2x deposit No Java (N2N Connect) Demo only Support Normal order, Good Till Date, Good Till Cancelled
BIMB SECURITIES SDN BHD 0.3%<RM100K>0.2%, min RM28 0.3%<RM100K>0.2%, min RM28 NA No 0.15% 1x deposit No ActiveX (Excel Force) 30days trial. Registration required Supports market order and limit order, cut loss  cut profit and 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 INVESTMENT BANK BERHAD 0.42% or RM28min 0.42% or RM28min 0.4% & minimum USD 25 Yes 0.15% 2.5x cash ;1.5x shares RM1000 Java (N2N Connect) Yes. 14days trial Offer Limit order, and Good Till Date.Sign up for Clicks Trader to enjoy brokerage fee of RM8.88 per trade (RM10k minimum deposit required).
HONG LEONG INVESTMENT BANK BERHAD 0.106% or RM8.48 .4028% <100k; 0.1908% >100k; min RM12.72 Varies depend on exchanges. 0.159% or min RM40.28 – 0.636% or min RM169.60 2.6%p.a. Min balance RM1000 0.106% 3x cash (T&C apply);2x shares No ActiveX (Excel Force) No Offer Equities Tracker (Fundamental Analysis) and The Screener     provide Good-Till-Cancel orders whereby orders can be placed up to a maximum of 30 days
JF APEX SECURITIES BERHAD 0.6%<RM100K>0.3%, min RM28 0.6%<RM100K>0.3%, min RM28 No Yes 0.15% 1 x cash deposit
4 x cash collateral and 3 x shares collateral
No Java (N2N Connect) No
JUPITER SECURITIES SDN BHD 0.1% or min RM12 0.3% <100K; 0.2%>100k; min RM12 Offline trading. 0.5%-0.6% Yes 0.10% 2 x cash collateral, 1.5 x shares collateral No ActiveX (Excel Force) No Supports Good Till Date (GTD) order – clients can place orders valid up to 30 trading days.
KENANGA INVESTMENT BANK BERHAD Online rates are negotiable >100k. Rates is 0.6% or minimum RM40 <RM100k rates are negotiable Yes.US Brokerage 0.10% or Min USD 15 + 0.60% or Min RM 40 for contract value less than RM 100,000
US Brokerage 0.10% or Min USD 15 + 0.30% or Min RM 40 for contract value more than RM 100,000US Other charges
0.00184%  Securities and Exchange Commission (SEC) (for SELL only).
Yes. Min balance RM1000 0.10% – 0.15%                   cash collateral, 2.5 times (Short-Term Margin T+10) and 2.2 times (Normal Margin). No Java (N2N Connect) NA 5 years fundamental financial data  access to reseach materials on all stocks. Offer Limit order, Good Till Date and Stop Limit order
MALACCA SECURITIES SDN BHD 0.05%<30K; 0.05%>30K; min RM8 0-100k: 0.30%
>100k: 0.20%
Intraday: 0.10%
Minimum: RM10
0.6% or min RM40 Below 100K : 2.3%
100K – 500K : 2.5%
Above 500K : 2.7%
0.05% 2 x cash collateral + 1 x stocks collateral No ActiveX (Excel Force) Only at branch Reimburse 5 counters direct account. RM50 for nominees account. stock screening based on fundamental value (Insage).Offer Limit order, and Good Till Date
MAYBANK INVESTMENT BANK BERHAD 0.1% or
Minimum: RM8
0.42%<100k>0.21%
Minimum: RM12
Online and Offline rate are differents. Range from 0.25% to 0.7% min of RM75 Yes 0.15% 3x cash in account; 2.5x shares at closing; 1 x cash collateral, 1.5 x shares collateral No ActiveX (Excel Force) Only at branch 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 SDN BHD Rates is 0.42% <100k;  0.21%> 100k; min RM12 Rates is 0.42% <100k;  0.21%> 100k; min RM12 NA Yes 0.15% 2 x cash collateral, 1 x shares collateral ActiveX (Excel Force) No Extended settlement period for up to 10 days with Mercury T+10
PM SECURITIES SDN BHD Rates is 0.6% <100k;  0.3%> 100k Rates is 0.6% <100k;  0.3%> 100k NA Yes 2 x cash collateral, 1 x shares collateral RM2000 NA Demo only support Limit order, and Good Till Date
PUBLIC INVESTMENT BANK BERHAD Flat Rate: RM 12 or 0.42%  No online yes min RM1000. 2.45p.a 0.15% 1 x cash collateral No ActiveX (Excel Force) No support Limit order, and Good Till Date
RHB INVESTMENT BANK BERHAD Rates is 0.42% <100k;  0.21%> 100k; min RM28 Rates is 0.42% <100k;  0.21%> 100k; min RM28 Range from 0.3%-0.42%d depend on exchanges and trade value; min RM28 2.88%p.a >RM5000 balances 0.15% 2 x cash collateral, 1 x shares collateral No Java (N2N Connect) 3 days trial Technical analysis is on default setting only. Limit order only
SJ SECURITIES SDN BHD Rates is 0.42% or minimum RM28 <100k; min 0.60% <100k; 0.5% >100k Yes. Throught trading agents in Singapore. Rates are vary 2.45% per annum 0.15% 2.0X No Java (N2N Connect) No. only can view the price feed and movements for a week if you are registered  Offer Limit order, and Good Till Date
TA SECURITIES HOLDINGS BERHAD Negotiated, Discount subjected to dealer’s recommendation and company’s approval. Yes 0.15% 1x cash collateral NA Java (N2N Connect) Demo only Support Limit order, and Good Till Date
UOB KAY HIAN SECURITIES (M) SDN BHD 0.1% or min Rm8 0.3%<RM100k ;
0.2% >100k or min RM8
0.3%- 0.42% or min RM40 NA 0.10% 3 x cash collateral, 2 x shares collateral No ActiveX (Excel Force) Walk-in branch only Offer a Chart Genie (provided by Chart Nexus) to view live signal for any breakout or support broken. Offer Limit order, and Good Till Date

The information above is not completed guide as always the share broker will changing their fees or offers some limited time campaign. Please visit their official trading portal using link above, or ask their dealer for more information

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