Same Lowest In Town Fees For All Accounts
We offer the lowest brokerage fees in town from as low as RM7 to a maximum of RM100. Many of our services are also provided free of cost.
Don't believe us? Check out iMoney.my's brokerage comparison table
Brokerage Fees
Trading Value Per Transaction/Stock (RM) | Cash Upfront Account Brokerage* (Normal) | Contra Account Brokerage* (Normal) | RakuMargin Account Brokerage* (Normal) | |
|---|---|---|---|---|
Below
|
1,000.00
|
RM7.00
|
RM7.00
|
RM7.00
|
Between
|
1,000.00 - 9,999.99
|
RM9.00
|
RM9.00
|
RM9.00
|
Between
|
10,000.00 - 99,999.99
|
0.10% of Trading Value
|
0.10% of Trading Value
|
0.10% of Trading Value
|
Equal & Above
|
100,000.00
|
RM100.00
|
RM100.00
|
RM100.00
|
*6% ST will be imposed on brokerage fees
**An additional RM30 will be charged on all assisted trades.
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Day Trade Rebate Program Simulation
(Only For Contra Traders)
Scenario | Trading Activity | Shares | Number of Shares | Price | Trading Value per Transaction / per Stock | Contra Brokerage Rates |
1 | BUY @ 9:00AM | Stock A | 500 | RM1.00 | RM500.00 | RM7.00 |
SELL @ 3:00PM | Stock A | 500 | RM1.50 | RM750.00 | RM7.00 | |
End of the day after 6:00PM | REBATE | Stock A | 500 | RM1.50 | RM750.00 | RM7.00 |
Note:
1. Day Trade Rebate will not be affected by the sequence of the Buy or Sell order(s).
2. Day Trade Rebate will be capped at the Buy/Sell quantity (whichever is lower) and will be based on the sell price.
Scenario | Trading Activity | Shares | Number of Shares | Price | Trading Value per Transaction / per Stock | Contra Brokerage Rates |
2 | SELL@ 9:00AM | Stock A | 500 | RM1.50 | RM750.00 |
RM7.00
|
BUY@ 3:00PM | Stock A | 500 | RM1.00 | RM500.00 |
RM7.00
| |
End of the day after 6:00PM | REBATE | Stock A | 500 | RM1.50 | RM750.00 |
RM7.00
|
Note:
1. Day Trade Rebate will not be affected by the sequence of the Buy or Sell order(s).
2. Day Trade Rebate will be capped at the Buy/Sell quantity (whichever is lower) and will be based on the sell price.
Scenario | Trading Activity | Shares | Number of Shares | Price | Trading Value per Transaction / per Stock | Contra Brokerage Rates |
3 | SELL @ 9:00AM | Stock A | 1,000 | RM1.50 | RM1,500.00 | RM9.00 |
BUY @ 3:00PM | Stock A | 500 | RM1.00 | RM500.00 |
RM7.00
| |
End of the day after 6:00PM | REBATE | Stock A | 500 | RM1.50 | RM750.00 |
RM7.00
|
Note:
1. Day Trade Rebate will not be affected by the sequence of the Buy or Sell order(s).
2. Day Trade Rebate will be capped at the Buy/Sell quantity (whichever is lower) and will be based on the sell average price.
Note: Participation is automatic. Day traders are not eligible to earn Rakuten Trade points or to utilise our “Assisted Trading” service. The rebate amount will be credited into your account at the end of the trading day. A 6% Service Tax (“ST”) will be imposed on all BUY and SELL brokerage fees even the ones rebated back to you.
Other Trading Fees
Clearing Fee
|
0.03% up to a maximum of RM1,000.00 per contract
|
|---|---|
Stamp Duty
| RM1.00 for every RM1,000.00 in trading value (Maximum amount RM200.00 per contract) |
CDS Fee
| FREE account opening |
Transfer of Shares
|
RM10.00 per transaction to other brokers
|
*6% ST will be imposed only brokerage fees
Other Trading Fees (only for RakuMargin trades)
Interest Rate | 6.8% per annum |
|---|---|
Rollover Fee | 0.5% |
Corporate Action Fees
Receiving Dividend | No fee charges |
|---|---|
Corporate Actions | No handling fee charges |
