Tuesday, August 7, 2012

Malaysia Lowest Stock Brokerage Fee

MPlus Online and ECMmoney offers the lowest brokerage fee @ 0.08% for cash upfront account.  MPlus offers even lower rate @ 0.05% if you have more than 30k balance.

Follows by Hong Leong, Jupiter Online, OSK 88  who offers 0.1%

I have been using Jupiter but I am paying 0.45%.  I forgot why I pay so much, perhaps its because I am an Elite member who obtain extra trading info !?  My effective fee cost is actually 0.6% and below.

I tried to switch to CIMB but not successful due to their systems are not easy to use.  I stay with Jupiter mainly because I can trade from my android phone.

Have you used any of above brokers ?  Are they good ?