Brokerage comparison

A good broker is very important. Below is the comparison of fees and platform.

Source: http://klse.i3investor.com/jsp/hti/brokers.jsp

Broker **	Overall Rating *	Online 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:0.42% >100k: 0.21% Intraday: 0.15% Minimum: RM 12 - RM28	1-5 x cash collateral (based on dealer's recommendation)	Online payment: Maybank2u, Public Bank, Standard Chartered	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 31 March 2011.
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.

Source: http://1-million-dollar-blog.com/comparison-between-online-stock-broker-in-malaysia/

Broker Name	Brokerage Fee	Intraday	Platform	Mobile Trading	Interest on Balance
A&A Anthony	??	??	ActiveX (Excel Force)	??	??
Affin Trade	0.42% or RM28 (below RM100k)	0.15% min RM28	Java (N2N Connect)	Yes (Not Free)	Yes
	0.21% or RM28 (above RM100k)
	0.20% or RM12 (Cash)
Alliance Share	0.7% or RM28	??	ActiveX (Excel Force)	No	??
AmeSecurities	??	??	Java (N2N Connect)	Yes (Not Free)	??
APEXeTrade	0.60% or RM28 (less RM100k)	0.15%	Java (N2N Connect)	Yes (Not Free)	Yes
	0.3% or RM28 (above RM100k)
CIMB i*trade	0.42% or RM28	0.15%	Java (N2N Connect)	Yes (Not Free)	Yes
CIMB ClickTrader	RM8.88	??	Java (N2N Connect)	??	No
ecmmoney.com	0.35% or RM12 (Non-Cash, below RM100k)	0.08%	ActiveX (Excel Force)	No	Yes
	0.2% or RM12 (Non-Cash, above RM100k)
	0.08% or RM12 (Cash)
HLeBroking	0.42% or RM12 (below RM100k)	0.1%	ActiveX (Excel Force)	Yes (Free)	Yes
	0.21% or RM12 (above RM100k)
HWangDBS	0.7% or RM28 (below RM100k)	??	Java	??	??
	0.5% or RM28 (above RM100k)
Jupiter	0.2% or RM12 (Non-Cash)	??	ActiveX (Excel Force)	Yes (Free)	Yes
	0.1% or RM10 (Cash, below RM50k)
	0.05% or RM10 (Cash, above RM50k)
Kenanga	0.7% or RM28 (below RM100k)	??	Java (N2N Connect)	Yes (Not Free)	??
	Negotiatabe for above RM100k)
Maybank	0.42% or RM12	??	ActiveX (Excel Force)	No	??
Mercury Straightthru	??	??	??	??	??
MIMB	??	??	ActiveX (Excel Force)	No	Yes
OSK188	0.42% or RM12	0.15%	Java	Yes (Not Free)	Yes
Public Invest	0.42% or RM28	??	ActiveX (Excel Force)	No	Yes
RHB Invest	0.42% or RM12	??	??	Yes	??
SJ Securities	0.42% or RM28 (below RM100k)	0.15%	Java (N2N Connect)	Yes (Not Free)	Yes
TA Online	??	??	Java (N2N Connect)	Yes (Not Free)	??

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