Bursa Malaysia Brokers Comparison

If you are looking for a new brokerage firm to begin investing in stock market of Bursa Malaysia, or if you're looking for a new brokerage firm that's more suitable to your investment style, this is the right place. In this page, you can find and compare the offers of brokers of Bursa Malaysia. For more information, please visit i3investor.com

Broker	Brokerage Fees	Trading Limit	Payment Method	Special Offers/Feature
Affin Bank	0-100k: 0.42% >100k: 0.21% Intraday: 0.15% Minimum: RM28	1 x cash collateral	Online payment: Affin Bank, CIMB, Maybank.	Supports Good Till Date (GTD) order - order valid until a certain date specified by the client (within 30 days period).
JF Apex	0-100k: 0.42% >100k: 0.21% Intraday: 0.15% Minimum: RM28	1 x cash collateral	Online payment: Public Bank, Hong Leong Bank, CIMB, Maybank, Bank Islam.	Supports Good Till Date (GTD) order - order valid until a certain date specified by the client (within 30 days period).
CIMB	0.42% Minimum: RM28	3 x cash collateral + 2 x share collateral	Online payment: CIMB, Maybank, Public Bank, Hong Leong Bank, Bank Islam.	Sign up for Clicks Trader to enjoy brokerage fee of RM8.88 per trade (minimum deposit required). Supports Good Till Date (GTD) order - order valid until a certain date specified by the client (within 90 days period).
ECM Libra	Cash Upfront: 0.08% Minimum: RM12 Collateralised: 0-100k: 0.35% >100k: 0.20% Intraday: 0.08% Minimum brokerage: RM12	Cash Upfront: 1 x cash collateral Collateralised: 2 x cash collateral + 1 x share collateral	Online payment: CIMB.	0.05% brokerage fee per contract or RM8 minimum brokerage for new sign-up until 31 August 2010. Other products: Day Trading 88 and Premier 88 - offer special rates for day traders or traders who maintain an average monthly balance of RM30k. See website for detail.
Hong Leong Bank	0-100k: 0.38% >100k: 0.18% RM12 minimum brokerage	2 x cash and stock collateral	Online payment: Maybank, Hong Leong Bank.	Rate as low as 0.10% (call to inquire) 20 commission free Futures contracts on Bursa Malaysia Derivatives with a new HLG Futures Trading Account. Free access to live Futures Prices on the HLeBroking Portal.
HWANGDBS	0-100k:0.7% >100k: 0.5% Minimum: RM28	1 x cash collateral	Online payment: Maybank2u.com	Supports Good Till Date (GTD) order - order valid until a certain date specified by the client.
Jupiter Securities	Cash Upfront 0-50k : 0.10% >50k: 0.05% Minimum: RM10 Collateralised 0-100k: 0.30% >100k: 0.20% Intraday: 0.10% Minimum: RM12	Cash Upfront: cash balance - transaction costs Collateralised: 2 x cash collateral + 1.5 x stocks collateral	No online payment. Fund transfer via Maybank, HSBC, CIMB, RHB, Publick Bank, EON Bank.	Promotion rates for new clients at 0.05% or min RM8.00 for 2 months from the date of account opening.
Kenanga	0-100k: 0.49% >100k: 0.21% Minimum: RM28	1 x cash collateral	No online payment. Fund transfer via Standard Chartered Bank , Maybank, HSBC, CIMB, Publick Bank.	-
Maybank	0.42% Minimum: RM12	1 x cash collateral	Maybank	Promotion rates for new clients at 0.1% or min RM8.00 until 30 June 2010.
OSK	0-100k: 0.7% >100k: negotiable Minimum: RM12	1 x cash collateral	No online payment. Payment by cheque or direct bank in to branch account.	-
Public Bank	0.42% Minimum: RM12	1 x cash collateral	No online payment. Direct bank in via Maybank or Public Bank.	-
RHB	0.42% Minimum: RM12	1 x cash collateral	No info available.	-
SJ Securities	0.42% Minimum: RM12	1 x cash collateral	Online payment via Maybank2u.com. Bank in to Maybank or CIMB.	-
TA	Discount subjected to dealer's recommendation and company's approval.	1 x cash collateral	No online payment. Direct bank in to branch account.	Supports Good Till Date (GTD) order - order valid until a certain date specified by the client.

* The logo image of each broker remains the rights of the broker.

** Note: Some offers may be valid for a limited time only. The information and links on this page are provided for your convenience only.

Bursa Malaysia Investing Guide

There are many good articles and sites in the Internet that discuss the various aspects of investing. This article present some of the basics of getting started to investing in Bursa Malaysia.

	Know your goals
	What are you saving for? A new house? A luxury car? Kids education? Retirement? It is important to set your goals so that you know your time horizon or how long you need to save or invest (assuming a specific return rate). Here is the 3 key advice that will work you: Start early Make regular investment Be patient Let the Power of Compound Interest do the magic to grow your investment.

	Do your homework
	In life, one should never stop learning. In investment, the same theory applies. Here is a list of the most important things to learn before investing in Bursa Malaysia: Understand the investment basics Understand market and investing terms Keep abreast with latest market news Read investing books and blogs

Prepare to invest

Now you have the understanding of the risks and rewards of investing, you may be keen to begin investing. Firstly, you need to identify a broker to open a trading account before you can trade in Bursa Malaysia. Check out the Brokers Comparison page to find the broker that offer the best deal to suite your trading style. Next, it is always a good idea to research on a stock before you buy into the stock. The following is a list of useful pages in i3investor.com to help you with the research on a stock: Check out the Stock Quote and Announcement Check out the Price Target of a stock Setup a Watchlist of your targeted stocks

Monitor and improve

Once you've make your first purchase, set a target price on when to exit (sell) your stock, whether its a gain or loss. Record all your transactions in an Online Portfolio to monitor its performance. You should continue to keep yourself updated with the company performance and growth, as well as market condition in general, as those will impact the price direction of your stocks. If you chose to adopt the Buy and Hold investment strategy, you should ignore the noise and the short term volatility of the market, and focus on the long term growth of the companies you invested in. Whichever strategy you chose, do stick to it for a while, continue to read, and treat every transaction as a learning experience.