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What are the brokerage rates and fees charges?

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For cash upfront account (M+ Silver):-

Brokerage Charges:

< 50,000 | 0.08%
>50,000 | 0.05%
Minimum | RM8
Intra Day | 0.05%

 

For M+ Gold Account:-

Brokerage Charges:

< 50,000 | 0.30%
>50,000 | 0.20%
Minimum | RM10
Intra Day | 0.10%

 

For M+ T+7 Account:-

Brokerage Charges:

< 50,000 | 0.30%
>50,000 | 0.25%
Minimum | RM10
Intra Day | 0.10%

 

Other Fees

⦁ Clearing Fee: 0.03% up to a maximum of RM1,000.00 per contract

⦁ Stamp Duties: RM1.00 for every RM1,000.00 in trading value (maximum amount of RM200.00 per contract)

⦁ CDS Fee: Account Opening RM10.00 per CDS

⦁ Transfer of Securities RM10.00 per counter

⦁ Services Tax (ST): 6% of brokerage fees

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