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Investing in Stocks: Malaysia Stock Brokerage Fees Comparison

The following is a comparison of online transaction fees for Malaysian stock brokerage platforms.

Platform Up to RM100k Above 100k Min fees
Affin Hwang Capital 0.08% 0.05% RM5
Apex 0.42% 0.21% RM12
AmEquities 0.05% 0.05% RM8
CIMB Clicks Trader 0.0388% 0.0388% RM8.88
HLeBroking Value Trade 0.08% 0.8% RM8
KenTrade by Kenanga 0.60% 0.30% Not stated
M+Online (M+ Silver) < RM50k = 0.08%
> RM50k = 0.05%
0.05% RM8
Maybank 0.42% 0.21% Not stated
Public Bank 0.15% 0.15% Not stated
Rakuten Trade < RM1k = RM7
RM1k to RM9,999 = RM9
RM10k to RM99,999 = 0.1%
RM100k = RM100
RM100 RM7
UOB KayHian 0.10% 0.10% RM8

 

In addition to these fees, you must also pay a clearing fee of 0.03% (up to RM1,000 per contract) and a stamp duty of RM1 per RM1,000 of transaction value (up to RM200 per contract) .

Based on our comparison, Affin Hwang Capital seems to offer the lowest fees, starting at 0.08% with a minimum transaction fee of RM5. While the spread may seem minimal – it’s only a few ringgit after all – if you make one or two trades a month for a whole year, the savings will add up.

Published inStock Investment

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