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.