Monday, March 7, 2011

BROKERAGE COMPARISON

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



Broker **Overall Rating *Online Brokerage FeesTrading LimitPayment MethodSpecial Offers/Feature
Affin Bank
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
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
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
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
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
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
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
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
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
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
Public Bank
  • 0.42%
  • Minimum: RM12
  • 1 x cash collateral
  • No online payment. Direct bank in via Maybank or Public Bank.
-
RHB
RHB
  • 0.42%
  • Minimum: RM12
  • 1 x cash collateral
  • No info available.
-
SJ Securities
SJ Securities
  • 0.42%
  • Minimum: RM12
  • 1 x cash collateral
  • Online payment via Maybank2u.com. Bank in to Maybank or CIMB.
-
TA
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.




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) ??




Which broker or brokers that you choose?