What is the best online broker in Malaysia?

im on basic level. just starting. personally i dont have any friends or family on doing stock, so im totally lost. got many sites did comparison, but some segments i dont understand, plus not sure if its updated or now. for now, im looking at Alliance and maybank trading account.

2nd question : broker and trading platform is the same right ?


links that im looking into:
1.https://www.imoney.my/share-trading

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

thank you in advance cifus.

I am not so familiar with Malaysian brokers.

But if you like to trade foreign stocks, Interactive Brokers is really really recommended.

There is no THE BEST broker, every broker got Pros & Cons. Its depends on what kind of trader/investor are you and what kindly of facility you need.

At the moment if you compare with brokerage,

1) M+ charging the lowest comm for Cash Upfront acc,

2) UOB Kay Hian offer the attractive package for Collateralize acc.

Welcome to trading world =)

i opened both acc haha...m+ and utrade ... for me utrade services quite good . but if cheaper fee mean m+


new one RAKUTEN TRADE not sure how but look nice

This post has been edited by aron2631: Dec 9 2017, 06:55 PM

M+ ftw!

If cash upfront, M+ is good.

I also opened a Rakuten account a month ago. Very interactive and clear interface. The only con is it doesn't have intraday trading and IDSS.

Nominee account only in Rakuten is what bothers me

I also use interactive brokers. Very low pricing especially if you like to invest in US stocks and bonds. Also they have a professional desktop client that is really cool if you are a bit more serious about trading and analyzing your portfolio.

These are their prices which I think are competitive:
https://www.interactivebrokers.com/en/index...=1590&p=stocks1

they are not targeted at newbies though. If you are not comfortable with using stock symbols and know the terms used by traders and financial analysts their interface might just overwhelm you with information and confuse more than help.

This post has been edited by Simon23: Sep 14 2018, 12:06 PM