# Bursa Brokerage Fee Calculator

Type how much you want to trade. See what each Bursa broker charges, cheapest first. The cheapest broker changes with trade size. Fees last checked 29 Sep 2026.

Interactive calculator: https://scoreyourstock.com/tools/brokerage-fee-calculator

## Quick answer

Rakuten Trade up to RM10k; Moomoo MY from RM10k to RM323k; Rakuten Trade above RM323k. On a RM1,000 order, the lowest total cost is RM4.18 at Rakuten Trade, including Bursa charges.

## Broker fee at each trade size

One order of ordinary shares, broker fee only (Bursa charges below are the same everywhere). Cheapest in bold.

| Trade size | Rakuten Trade | Moomoo MY | CGS UP app | M+ Global | FSMOne | Maybank Trade | RHB Invest | Phillip POEMS | BIMB Securities | KenTrade |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| RM500 | **RM2.88** | RM3.15 | RM6.00 | RM8.00 | RM8.80 | RM8.00 | RM12.00 | RM12.00 | RM14.00 | RM40.00 |
| RM1k | **RM2.88** | RM3.30 | RM6.00 | RM8.00 | RM8.80 | RM8.00 | RM12.00 | RM12.00 | RM14.00 | RM40.00 |
| RM3k | **RM2.88** | RM3.90 | RM6.00 | RM8.00 | RM8.80 | RM8.00 | RM12.00 | RM12.00 | RM14.00 | RM40.00 |
| RM5k | **RM2.88** | RM4.50 | RM6.00 | RM8.00 | RM8.80 | RM8.00 | RM12.00 | RM12.00 | RM15.00 | RM40.00 |
| RM10k | RM10.00 | **RM6.00** | RM6.50 | RM8.00 | RM8.80 | RM10.00 | RM12.00 | RM12.00 | RM30.00 | RM60.00 |
| RM20k | RM20.00 | **RM9.00** | RM12.50 | RM10.00 | RM10.00 | RM20.00 | RM20.00 | RM20.00 | RM60.00 | RM120.00 |
| RM50k | RM50.00 | **RM18.00** | RM30.50 | RM25.00 | RM25.00 | RM50.00 | RM50.00 | RM50.00 | RM150.00 | RM300.00 |
| RM100k | RM100.00 | **RM33.00** | RM60.50 | RM50.00 | RM50.00 | RM100.00 | RM100.00 | RM100.00 | RM300.00 | RM300.00 |
| RM500k | **RM100.00** | RM153.00 | RM300.50 | RM250.00 | RM250.00 | RM500.00 | RM500.00 | RM500.00 | RM1,000.00 | RM1,500.00 |

## Bursa charges (same at every broker)

Paid on every buy and every sell, whichever broker you use.

| Trade size | Clearing fee | Stamp duty | Bursa total |
|---|---:|---:|---:|
| RM500 | RM0.15 | RM1.00 | RM1.15 |
| RM1k | RM0.30 | RM1.00 | RM1.30 |
| RM3k | RM0.90 | RM3.00 | RM3.90 |
| RM5k | RM1.50 | RM5.00 | RM6.50 |
| RM10k | RM3.00 | RM10.00 | RM13.00 |
| RM20k | RM6.00 | RM20.00 | RM26.00 |
| RM50k | RM15.00 | RM50.00 | RM65.00 |
| RM100k | RM30.00 | RM100.00 | RM130.00 |
| RM500k | RM150.00 | RM500.00 | RM650.00 |

- Clearing fee: 0.03% of trade value, max RM1,000. Goes to Bursa Malaysia.
- Stamp duty: RM1 for every RM1,000 (or part of it), max RM1,000 for shares, RM200 for REITs and warrants. Goes to the government.

## Where these fees come from

Fees change. Check the broker's own page before you open an account. Last full review: 29 Sep 2026.

- **Rakuten Trade** (Checked, 29 Sep 2026): Up to RM100: RM1.00 flat Up to RM9,999.99: RM2.88 flat Up to RM99,999.99: 0.1% of trade value Above that: RM100.00 flat Source: https://www.rakutentrade.my/fees
- **Moomoo MY** (Checked, 29 Sep 2026): 0.03% of trade value Plus RM3.00 platform fee per order. New users: RM0 commission for the first 180 days. Source: https://www.moomoo.com/my/support/topic9_137
- **CGS UP app** (Checked, 29 Sep 2026): 0.06% of trade value, min RM5.50 Plus RM0.50 platform fee per order. Orders under 100 shares: RM2.50 commission instead. Source: https://cgsi.com.my/up/pricing/
- **M+ Global** (Checked, 29 Sep 2026): 0.05% of trade value, min RM8.00 Source: https://mplusonline.com/pricing
- **FSMOne** (Checked, 9 Oct 2026): 0.05% of trade value, min RM8.80 Source: https://www.fsmone.com.my/pricing/stocks
- **Maybank Trade** (Checked, 9 Oct 2026): 0.1% of trade value, min RM8.00 Source: https://www.maybank2u.com.my/maybank2u/malaysia/en/personal/services/digital_banking/share-trading-cash-account.page
- **RHB Invest** (Checked, 29 Sep 2026): 0.1% of trade value, min RM12.00 Source: https://www.rhbinvest.com/pricing/index.html
- **Phillip POEMS** (Checked, 29 Sep 2026): 0.1% of trade value, min RM12.00 Source: https://www.phillip.com.my/stocks-trading-fees-charges/
- **BIMB Securities** (Checked, 9 Oct 2026): Up to RM100,000: 0.3% of trade value, min RM14.00 Above that: 0.2% of trade value, min RM14.00 Fully Shariah-compliant broker. Source: https://www.bimbsec.com.my/islamic-stockbroking
- **KenTrade** (Checked, 9 Oct 2026): Up to RM99,999.99: 0.6% of trade value, min RM40.00 Above that: 0.3% of trade value, min RM40.00 These are the maximum online rates; you can ask your dealer for a lower one. Source: https://www.kentrade.com.my/faq

Not listed: MIDF Invest and Public Bank (no public online rate found), CGS iTrade (sources disagree).

## FAQ

### Which Bursa broker has the lowest fees?

It depends on how much you trade in one order. Using the fees on this page: Rakuten Trade up to RM10k; Moomoo MY from RM10k to RM323k; Rakuten Trade above RM323k. Bursa charges are the same at every broker, so they don't change the answer.

### Is Rakuten Trade or Moomoo cheaper?

It depends on order size. On a RM3k order: Rakuten Trade RM2.88, Moomoo MY RM3.90. On a RM50k order: Rakuten Trade RM50.00, Moomoo MY RM18.00. Overall: Rakuten Trade up to RM10k; Moomoo MY from RM10k to RM323k; Rakuten Trade above RM323k. New Moomoo users pay no commission for the first 180 days.

### How much does it cost to buy RM1,000 of Bursa shares?

About RM4.18 at the cheapest broker on this page (Rakuten Trade): RM2.88 broker fee plus RM1.30 Bursa charges (clearing fee and stamp duty). The most expensive broker listed comes to RM41.30. Selling later costs about the same again.

### Why do small trades cost more at some brokers?

Many brokers have a minimum fee per order, such as RM8 or RM12. On a RM500 trade, a RM12 minimum is 2.4% of your money before the share price moves at all. A broker with a low flat fee costs much less on small orders.

### What are clearing fee and stamp duty?

Two charges every broker passes on unchanged. Clearing fee is 0.03% of the trade value (max RM1,000) and goes to Bursa Malaysia. Stamp duty is RM1 for every RM1,000 of trade value (max RM1,000 for shares) and goes to the government.

### Do I pay fees when I sell too?

Yes. Broker fee, clearing fee and stamp duty are charged on the sell as well as the buy. Pick “Round trip” above to see the full cost of buying and later selling.

## Notes

Educational only, not financial advice. Fees exclude SST on clearing fees and any levies on very large trades.
Some “Open account” links are referral links: if you sign up through one, Score Your Stock may get a reward, at no extra cost to you. It never changes the fees or the order shown.

Source: Score Your Stock (https://scoreyourstock.com). Fees change: re-check each broker's own page before relying on a number.