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 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).
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 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		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		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		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.
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 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		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		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		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		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		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 Bank		0.42% Minimum: RM12	1 x cash collateral	No online payment. Direct bank in via Maybank or Public Bank.	-
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.
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		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		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