
Frequently Asked Questions
Frequently Asked Questions
Account Opening
New Account Application for Individual
Any individual who is 18 years old and above with no record of delinquency can open KIBB trading account.
Brokerage Fees
For online trades, brokerage rates are capped at 0.60% for contract values below RM100,000.00 and 0.30% for contract values of RM100,000.00 and above, subject to a minimum brokerage fee of RM40.00. Brokerage rates may be discussed with your Dealer’s Representative (“DR”).
Stamp Duty
Stamp duty applies to the sale or purchase of shares, stock, or marketable securities in companies incorporated in Malaysia or elsewhere, as follows:
- RM1.00 for every RM1,000.00 or fractional part of RM1,000.00 of the value of any shares or stock, subject to a maximum of RM1,000.00 per contract.
- RM1.00 for every RM1,000.00 or fractional part of RM1,000.00 of the value of any marketable securities, subject to a maximum of RM200.00 per contract.
Note: From 1 January 2026 to 31 December 2028, stamp duty is exempted on contract notes for the following transactions:
- ETF buy and sell transactions, and
- Structured Warrant buy transactions.
Clearing Fees
A clearing fee of 0.03% of the transaction value is payable by both the buyer and seller, subject to a maximum of RM1,000.00 per contract.
Sales & Services Tax “SST"
Sales and Services Tax ("SST") of 8% is applicable to brokerage and clearing fees charged.
For further assistance, please contact your remisier or Dealer’s Representative.
Source: https://www.bursamalaysia.com/trade/trading_resources/equities/transaction_costs
Click here for Individual account forms
Yes. Please note that PR and Non-Malaysian are required to comply with the Foreign Exchange Administration (“FEA”) Rules and Regulations of Bank Negara Malaysia and any other applicable local and foreign regulation(s) or law(s).
| Step 1 | Go to KenTrade.com.my -> Open an Account -> Open KIBB Trading Account |
| Step 2 | Fill in application form |
| Step 3 | Make CDS fee payment via online transfer. |
| Step 4 | Receive an email notification from KIBB. |
| Step 5 | Begin your investment journey |
You may make an online transfer to either one of the KIBB’s collection bank accounts listed below:
| Payee Kenanga Investment Bank Berhad |
List of Panel Banks (MYR) |
Bank Account Number |
Once your KIBB trading account has been successfully opened, an email will be sent to your registered email address to notify you to create your KenTrade user ID and password.
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CDS Account Opening Fee of RM10.80 inclusive of SST
Yes. Payment may be made through the payment channels specified by Kenanga Investment Bank Berhad. Please ensure that the payment reference details are completed accurately to facilitate timely processing.
You will receive an email notification from Kenanga Investment Bank Berhad (“KIBB”) once your CDS & KIBB Trading Account are successfully opened. You will also be notified via a letter of confirmation of your account opening from KIBB by post to your registered mailing address.