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  • Writer's pictureFaron

BROKERAGE, ONLINE DEACTIVATED, PORTFOLIO

Updated: Oct 11, 2020

1. Charges of Brokerage

Online charges

0.42% or Rm 12

0.03% clearing fee

Stamp duty 1000 to rm1

= brokerage charges then another

6% charge on total brokerage


Offline

0.6% or Rm 40

0.03% clearing fee

Stamp duty 1000 to rm1

= brokerage charges then another

6% charge on total brokerage


Online means you BUY/SELL through your RHB Tradesmart mobile apps


Offline means BUY/SELL through your Dealer.


2. ONLINE DEACTIVATED, if you have no trade for the past 6 month.


TO ACTIVATE your online, you must go through your dealer to buy or sell ONE share by “Offline”, to activate it. if you have no collateral (cash or paid up share) , then you need deposit , so you will have LIMIT to buy share.


Calculation of buy share

if you are buying a share for RM 10000, your charges as below


Brokerage RM 10,000 x 0.42% = RM 42

Clearing fees RM 10,000 x 0.03% = 3

stamp duty RM 10 (every RM 1000 charge RM 1)

SST = RM 42 x 6% = RM 2.52


Total cost is = RM 42 + RM 3 + RM 10 + RM 2.52 = RM 57.52


You may use your apps to do the calculation for you, example as below


You can put your buy and sell price, so you able to check your net profit / loss.


3. PORTFOLIO


ALL your bought share will show in your portfolio (you can click menu bar and search "account portfolio"). TAKE NOTE, profit and loss in portfolio is gross, please use calculator above to calculate net amount.





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