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A closer look on apple to apple comparison between Rakuten Trade and Mplus Online for Malaysian. This comparison is on fees structure only.

Trading Value Per Transaction/Stock (RM)Rakuten TradeMplus Online
< 1,000RM70.08%
1,000 – 9,999.99RM90.08%
10,000 – 99,999.990.1%0.08% (<50k)
0.05% (>50k)
>99,999.99RM1000.05%
p/s: Mplus Online minimum fee is RM8

Let’s put some numbers for visualization purpose.

Trading Value Per Transaction/Stock (RM)Rakuten TradeMplus Online
500RM7RM8
1,000RM9RM8
10,000RM10RM8
30,000RM30RM24

Choose wisely!

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