Low Brokerage From RM1 - RM100

SIGN UP NOW!READ FAQ

Brokerage (Bursa, HK & US)

All trades on Bursa are placed in Ringgit Malaysia (RM).

For HK or U.S. trades, you have the choice to trade in MYR or HKD / USD. You can also maintain a Ringgit or HKD / USD cash balance at no extra charge.

Trading in MYR (Bursa, HK & US)

Trading Value (RM)

Brokerage (RM)

Below

699.99

1% of Trading Value

(Min RM1)

Between

700.00-9,999.99

9.00

Between

10,000.00-99,999.99

0.1% 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       

With effect from 1 August 2023, there will be a 1% surcharge fee of your monthly trading value on the US stocks executed at a share price under $1.00.  The fee will be debited before 15th of the following month.

Trading in HKD

(Hong Kong only)

Trading Value (HKD)

Brokerage (HKD)

No Tier

  0.1% of Trading Value 

Min.  HKD35

​​​​​​​Protip: All withdrawals will be made in MYR. Therefore, HKD/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, HK & US)

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

Type of Fees

MY

U.S.

Hong Kong

Clearing Fee

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

NIL

0.002% of gross amount with a minimum of HKD2.00 per order or a maximum HKD100.00 per order

Regulatory Fees

(On Sell Transactions)

NIL

SEC Fee (US): 
0.0008% on trading value with a min fee of USD 0.01

FINRA Fee (US): 
0.0145% per share with a min. fee of USD 0.01 (capped at USD 7.27)

NIL

Stamp Duty

Fee and maximum amount is depended on stock type

See below***

US Stocks: MYR 1.00 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

Stocks: MYR 1.00 for every MYR 1,000.00 gross amount, with a maximum of MYR 1,000.00

SST

NIL

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)

HKD & 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

No handling fees

Account Opening Fee

FREE CDS account

FREE IBKR account

FREE IBKR account

America Depository Receipt (ADR) Fee*

NIL

USD 0.01 - 0.03 / Share**

** Subject to announcement

NIL

Exchange Fee

NIL

NIL

0.00565% of gross amount per order

SFC Transaction Levy

NIL

NIL

0.0027% of gross amount with a minimum of HKD0.01 per order

FRC Transaction Levy

NIL

NIL

0.00015% of gross amount with a minimum of HKD0.01 per order

HKEX Stamp Duty

NIL

NIL

0.1% of gross amount and round up to nearest integer

*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.

*Effective from 1st March 2023, any request for statements that are more than 12 months old will incur a charge of RM5.00

***Stamp Duty for Bursa shares is depended on stock type as below:

Stock Types

Stamp Duty %

Maximum amount (RM)

Underlying Assets

0.10%

1,000

Preference A Shares 

0.10%

1,000

Loan Stocks

0.10%

1,000

Exchange Traded Bond

0.10%

1,000

Rights

0.10%

200

Warrants

0.10%

200

REIT / Trust & Closed End Fund

0.10%

200

Exchange Traded Fund (ETF)

0.00%

0

​​​​​​Other RakuMargin Trading Fees

Fee Type

Amount

How It's Calculated

Interest on Outstanding Transactions

7.80% 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