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
Cash Upfront Account
Trading Value Per Transaction/Stock (RM)
|
Normal Brokerage* Via Web/iSPEED.MY
| |
|---|---|---|
Below
|
1,000.00
|
RM7.00
|
Between
|
1,000.00 - 9,999.99
|
RM8.00
|
Between
|
10,000.00 - 99,999.99
|
0.10% of Trading Value
|
Equal & Above
|
100,000.00
|
RM100.00
|
*6% ST will be imposed on brokerage fees
**An additional RM30 will be charged on all assisted trades.
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Contra Account
Trading Value Per Transaction/Stock (RM)
|
Normal Brokerage* Via Web/iSPEED
| |
|---|---|---|
Below
|
1,000.00
|
RM7.00
|
Between
|
1,000.00 - 9,999.99
|
RM8.00
|
Between
|
10,000.00 - 99,999.99
|
0.10% of Trading Value
|
Equal & Above
|
100,000.00
|
RM100.00
|
*6% ST will be imposed on brokerage fees
**An additional RM30 will be charged on all assisted trades
Day Trade Rebate Program
Day Trade is an action of BUYing and SELLing of the same counter on the same day via your Contra Account.
Day Trade Rebate Program rebates* the day trade sell brokerage post amalgamation at the end of the trading day.
Day Trade Rebate amount is determined by the SELL trading value (quantity x SELL price) based on Rakuten Trade's brokerage fees.
*Illustrations below serve as an example of the calculation only
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 @ 900AM | Stock A | 1,000 | RM1.50 | RM1,500.00 | RM8.00 |
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) Note: Stamp Duty exemption for select Small and Mid Cap stocks. |
CDS Fee
| Account Opening RM10.00 per account |
Transfer of Shares
|
RM10.00 per transaction to other brokers
|
*6% ST will be imposed only brokerage fees
Corporate Action Fees
Receiving Dividend
|
No fee charges
|
|---|---|
Corporate Actions
|
No handling fee charges
|
