Calculation of Brokerage Fee

For investors buying low volume, there is a minimum charge per counter.

For example, Jupiter's online brokerage fee is minimum RM 8 while the brokerage rate is 0.05%.

If you want to buy 100 share of stock X at RM 4, the calculation is as follow:

RM 4 x 100 x 0.05% = RM 0.20

As RM 0.20 is below RM 8, the brokerage fee is RM 8