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In this article, I will briefly explain the costs involved in buying and selling US and HK stocks using the Mplus Global platform.
If you would like to understand how the average cost for a particular stock is calculated and displayed in the app, you can refer to Average Cost Calculation for US/HK Stock Trading.
From the Mplus website, https://mplusonline.com/support/detail/1000752?id=1000685

| Item | Charging Entity | Fees | Min | Max |
| Malaysia Contract Stamp | Malaysia government | Shares or stocks: RM1.00 for every RM1,000.00 contract value, maximum RM 1000.00 | RM1,000 | |
| Malaysia Contract Stamp | Malaysia government | Marketable securities: RM1.00 for every RM1,000.00 contract value, maximum RM200.00 | RM200 | |
| Regulatory Fees (sell only) | US SEC | 0.0008% | 0.01 | |
| Trading Activities Fees (sell only) | FINRA | 0.000166/share | 0.01 | 8.30 |
| Settlement Fees | US Settlement Agency | 0.003/share | 0.01 | |
| Withholding tax | Internal Revenue Service | 30% (varies from different stocks) of the dividend value |


| Features | |
| Offline Brokerage Rate | |
| ≤ RM100,000 > RM100,000 | 0.6% 0.3% |
| Minimum | RM40 |
| Intraday | 0.15% |
| Online Brokerage Rate | |
| ≤ RM50,000 > RM50,000 | 0.08% 0.05% |
| Flexi Brokerage Rate | |
| ≤ RM50,000 > RM50,000 | – |
| Minimum | RM8 |
| Intraday | 0.05% |
| Clearing Fees | 0.03% |
| Stamp Duty | Shares or stocks: RM1.00 for every RM1,000.00 contract value, maximum RM 1000.00. Marketable securities: RM1.00 for every RM1,000.00 contract value, maximum RM200.00. |
For specific calculations on Bursa Malaysia costs, refer to the article on stock trading costs in Malaysia.
Yes, Mplus Global allows you to purchase stocks on the United States (NYSE, NASDAQ) and Hong Kong (HKEX) markets directly from a single platform. You will need to open a separate Mplus Global account from your regular CDS account.
The main costs include commission fee (brokerage fee), platform fee, and exchange fee. Rates differ depending on the market (US vs HK). There is no stamp duty for US stocks, but there is an SEC fee for sell transactions.
Global stock brokerage costs are typically higher as they involve international markets and currency exchange. However, access to major companies such as Apple, Tesla, and Alibaba makes it worthwhile for portfolio diversification.
Yes, you need to convert MYR to USD or HKD before purchasing. Mplus Global provides a currency exchange function within the platform. The exchange rate will affect the overall cost of your investment.
Investing in global stocks through Mplus Global opens up opportunities to diversify your portfolio beyond the Malaysian market — but make sure you understand all the costs involved.
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