Low Brokerage From RM7 - RM100 (USD1.88 - USD25)​​​​​​

SIGN UP NOW!READ FAQ

Brokerage (Bursa & US)

All trades on Bursa are placed in Ringgit Malaysia (RM).
​​​​​​​For U.S. trades, you have the choice to trade in MYR or USD. You can also maintain a MYR or USD cash balance on the same dashboard at no extra charge.

Trading in MYR (Bursa & US)

Trading Value (RM)

Brokerage (RM)

Below

999.99

7.00

Between

1,000.00-9,999.99

9.00

Between

10,000.00-99,999.99

0.10% of Trading Value

Equal & Above

100,000.00

100.00


Trading in USD (US only)      

Trading Value (USD)

Brokerage (USD)

No Tier

  0.1% of Trading Value 

Min.  USD1.88

    Max. USD25       

​​​​​​​Protip: All withdrawals will be made in MYR. Therefore, USD funds will need to be converted back into MYR before making the cash withdrawal. ​​​​​​​The exchange rate is updated at 6pm Malaysia time.
​​​​​​​*Amalgamation applies only to successful Bursa orders. An additional RM30 is charged on all assisted trades.​​​​​​​​​​​​​​


Other Fees (Bursa & US)

​​​​​​​In addition to brokerage, standard additional charges may apply. 

Type of Fees

MY

U.S.

Clearing Fee

0.03% up to a maximum of RM1,000.00 per contract

NIL

Regulatory Fees

(On Sell Transactions)

NIL

SEC Fee (US): 
0.00229% on trading value with a min fee of USD 0.01

FINRA Fee (US): 
0.013% per share with a min. fee of USD 0.01 (capped at USD 6.49)

Stamp Duty

Fee and maximum amount is depended on stock type

Full list here

US Shares: MYR 1.50 for every MYR 1,000.00 contract value, maximum MYR 1000.00

US ETF: MYR 1.00 for every MYR 1,000.00 contract value, maximum MYR 200.00

SST

NIL

NIL

Currency

MYR

USD & MYR

(To view our competitive foreign exchange rate, please refer to the order pad on the Web and iSPEED.my app screen)

Corporate Action

No handling fees

No handling fees

Account Opening Fee

FREE CDS account

FREE IBKR account

America Depository Receipt (ADR) Fee*

NIL

USD 0.01 - 0.03 / Share**

** Subject to announcement

*ADR fees are charged by the Depository Trust Company (DTC) for stocks of non-U.S. companies listed in the U.S. Clients who have not held any non-U.S. company's shares will not be charged ADR fees. For more information abount ADR, please check FAQ.

Day Trade Rebate Simulation
(For Bursa-Contra Only)  
​​​​​​​​​​​​​​​​​​​​​

Contra traders get SELL brokerage rebates on matched trades for the same counter on the same day. 

If you BUY and SELL the same counter on the same day via your Contra Account, we will rebate* back your sell brokerage fees at the end of the trading day. 

Below are simulations that we hope will make it easier to explain.


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.

​​​​​​Other RakuMargin Trading Fees

Fee Type

Amount

How It's Calculated

Interest on Outstanding Transactions

6.8% per annum

Daily after T+2, at the end of each day

The interest on outstanding balance will be realized at the end of the month.

Rollover Fee

0.5%

At a flat rate of 0.5% based on each principal BUY outstanding amount upon expiry of each rollover period

Rollover period: 3 months

For example: Outstanding purchase of RM10,000, the rollover fee will be RM50.00


none