CHARGES & FEES
What are the fees and charges that I need to pay when I open an account?
There are no membership fees or charges incurred for opening an account. However, Bursa Malaysia Depository (BMD) does impose RM10 for the opening of a CDS account.
What is the fee structure for online trades?
These are the charges for online local trades:
All US markets
- For trades below RM100,000, online brokerage fees are 0.42% of trade value
- For trades above RM100,000, online brokerage fees are 0.21% of trade value
- For Day Trading, the brokerage fees are 0.15% of trade value
- Minimum brokerage is RM28
- Clearing fees – 0.03% of the trade value subject to a maximum of RM1,000 per transaction
- Stamp duty – RM1 for every RM1,000 of trade value subject to a maximum of RM200 per transaction
All US markets
- 0.4% of total online trade with a minimum brokerage of RM28 and USD25
- For online trades below RM100,000, brokerage fees are 0.42% of trade value
- For online trades above RM100k, brokerage fees are 0.3% of trade value
- Minimum brokerage is RM28 and HKD100
- For online trades below RM100,000, brokerage fees are 0.42% of trade value
- For online trades above RM100,000, brokerage fees are 0.3% of trade value
- Minimum brokerage is RM28 and SGD20
Source: http://www.osk188.com/page.jsp?name=faq_charges