HLeBroking

HLeBroking Brokerage Rate for Value Trade account : 

Brokerage Rate : 0.106%* or mininum RM 8.48

Contract Stamp : 0.1% (Round up to the nearest ringgit subject to max capping RM 200.00)

Clearning fees : 0.0318%* (Round up to the nearest sen subject to max capping RM 1,000.00)

*Rate above inclusive of 6% GST.

Example : 

Stock price : RM 1.61 per share
Quantity : 10 lot (1,000 share)

Proceeds (Total price for share)
= 1.61 x 1000 = 1,610.

Brokerage rate (0.106% or RM min 8.48)
= 1610 *0.106%
= RM 1.71 (but to pay min RM 8.48)

Contract Stamp
= 1610 x 0.1%
= RM 1.61 (rounded to nearest ringgit = RM2)

Clearing fees
= 1610 x 0.0318%
= RM 0.51 (rounded to  nearest sen = RM 0.50)

Total amount to pay
= 1610+8.48+2+0.50
= 1620.98

**************************************************************************

Let say Magni

Stock price : RM 4.08
Quantity : 3 lot (500 shares)

Proceeds
= 4.08 x 500
= 2040

Brokerage rate
= 2040 x 0.106%
= RM 2.16 (to pay RM8.48)

Contract Stamp
= 2040 x 0.1%
= RM 2.04 (nearest ringgit = RM2)

Clearing fees
= 2040 x 0.0318%
= RM 0.65 (= nearest sen)

Total amount to pay
= 2040+8.48+2+0.65
= 2051.13

**************************************************************************

Let say Nestle at RM 78
1 lot

Proceeds
= 78 x 100
= 7800

Brokerage rate
=7800 x 0.106%
= RM 8.27 (to pay min RM 8.48)

Contract stamp
= 7800 x 0.1%
= RM 7.8 (nearest ringgit = RM 8)

Clearing fees
= 7800 x 0.0318%
= RM 2.48 (nearest sen = rm 2.50)

Total amount to pay
=7800+8.48+8+2.5
= 7818.98

**************************************************************************

Note : 2.6% yearly interest based on daily balance.