What type of transaction costs do I need to pay in order to trade online?
There is NO additional transaction cost! You only need to pay for: Brokerage Commission (below are the rates effective from 1st Feb 2008) Contract ValueCommission Rate(%) <>minimum brokerage shall be at 0.60 of contract value >100,000minimum brokerage shall be at 0.30 of contract value Online routed retail tradesUp to 30% discount Same day buy and sell trades(Intraday)0.15% of contract value Minimum commission for loan stock transactions shall remain unchanged at RM2.00 and for other transactions shall remain at RM28.00 per contract for online trades. Clearing fee for On-Market of 0.03% of contract value Stamp duty of RM 1.00 for RM1, 000 or fraction part of contract value.
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