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Home›Investment›FSMOne›FSMOne vs Endowus
⚖️ Unit Trust Platform Comparison

FSMOne vs Endowus Malaysia 2026

Both offer 0% unit trust sales charge — but they serve different investors. FSMOne: widest selection + stocks. Endowus: institutional DFA index funds + advisory.

Choose FSMOne if you want...
  • ✓Stocks + unit trusts in one account (Bursa, US, HK)
  • ✓Maximum fund choice — 900+ options across all asset classes
  • ✓Zero platform fee (just the fund's own annual management fee)
  • ✓Bonds and fixed income alongside equities
  • ✓Lowest total cost for DIY index fund investing
Choose Endowus if you want...
  • ✓Institutional-grade DFA (Dimensional Fund Advisors) index funds — not available elsewhere in Malaysia
  • ✓Guided portfolio construction with advisory layer
  • ✓Passive investing focused purely on evidence-based index strategies
  • ✓Curated fund selection (less choice, but optimised picks)

🔑 The Key Difference: DFA Funds

Endowus' biggest advantage is access to Dimensional Fund Advisors (DFA) institutional-class funds — expense ratios as low as 0.10–0.30%, available only through approved advisors. These funds are not available on FSMOne or any other retail platform in Malaysia. If DFA matters to you, Endowus is your only option. If it doesn't, FSMOne's 0% platform fee beats Endowus' 0.25–0.60% advisory fee over the long run.

FSMOne vs Endowus — Full Comparison 2026

FeatureFSMOneEndowus
SC Malaysia licensed✅ CMSL/A0260/2009✅ CMSL/A0357/2023
Operating since2009 (15+ years)2023 (Malaysia)
Unit trust sales charge0% — permanently0% — permanently
Platform/advisory fee0% — no fee on funds0.25–0.60% p.a. (AUM-based)
Number of funds900+ funds~50–100 curated funds
Institutional DFA funds❌ Not available✅ Dimensional Fund Advisors
Fund selection styleDIY — browse & pickCurated portfolios + advisory
Bursa Malaysia stocks✅ 0.05%, min RM8.80❌ Not offered
US / HK stocks✅ US 0.08%, HK 0.08%❌ Not offered
Bonds✅ From RM1,000Via funds only
ETF Regular Savings Plan✅ 0% fee, from RM100/moVia portfolios
MYR funding (FPX)✅ Yes✅ Yes
Min depositNoneRM100
New user rewardRM25 + 50% OFF (4G4TEP)Check endowus.com for current promo

*Endowus fee tiers: 0.60% (under RM50k), 0.50% (RM50k–500k), 0.35% (RM500k–2M), 0.25% (above RM2M). Verify at endowus.com for latest rates.

Verdict

FSMOne wins for most Malaysian investors — 0% platform fee, 900+ funds, and stocks all in one account. Endowus wins if you specifically want DFA institutional index funds (unmatched expense ratios). Best strategy: use FSMOne as your primary platform, add Endowus only if DFA funds are important to your investment philosophy.

📈 FSMOne — Free RM25Expires 29 May 2026

RM670/Month for 30 Years = RM1M — At 0% Sales Charge

Plus RM25 free and 50% OFF fees for 30 days when you sign up with code 4G4TEP.

Monthly DCA → RM1M at 8% p.a.

Monthly10 yrs20 yrs30 yrs
RM300/moRM55kRM177kRM449k
RM500/moRM91kRM297kRM749k
RM670/moRM122kRM397kRM1.0M
  • ✅900+ unit trust funds including ASNB
  • 🌍Invest in Bursa, US (NYSE/NASDAQ) & HK stocks
  • 🔐SC regulated — iFAST Malaysia
Sign Up Free — Get RM25 & 50% OFF Fees →

Use code 4G4TEP · Min. RM100 deposit · Offer expires 29 May 2026 · T&Cs apply

Frequently Asked Questions

FSMOne or Endowus — which is better for unit trusts?
It depends on your investing approach. Endowus has a unique advantage: access to Dimensional Fund Advisors (DFA) institutional-class funds with very low expense ratios (~0.1–0.3%). These are not available on FSMOne. However, Endowus charges a platform advisory fee of 0.25–0.60% p.a. on top of the fund's fee. FSMOne charges 0% platform fee but does not carry DFA funds. For pure index fund investors who want DFA access, Endowus wins on fund quality. For DIY investors who want the widest selection and lowest total cost, FSMOne wins.
What is Endowus Malaysia?
Endowus is a digital wealth management platform that launched in Malaysia in 2023, licensed by the Securities Commission Malaysia (CMSL/A0357/2023). It focuses on evidence-based, passive investing using institutional-grade index funds including Dimensional Fund Advisors (DFA) funds — funds that are typically only accessible to institutional investors. Endowus charges a platform advisory fee of 0.25–0.60% p.a. based on portfolio size, but charges 0% unit trust sales charge.
What are DFA (Dimensional) funds and why does Endowus have them?
Dimensional Fund Advisors (DFA) is a US-based asset manager with ~USD760 billion AUM known for evidence-based, factor-tilted index funds. Their funds are often available only to institutional investors or through approved advisors. In Malaysia, Endowus is one of the few platforms that provides retail access to DFA fund classes with expense ratios as low as 0.10–0.30% — significantly lower than typical retail unit trust funds on FSMOne or banks.
Does Endowus charge a fee on top of unit trust fees?
Yes — Endowus charges an access fee of 0.25–0.60% p.a. calculated on your portfolio value, regardless of trades. The fee decreases as your portfolio grows: 0.60% for the first RM50k, scaling down to 0.25% above RM2M. FSMOne charges 0% platform fee — you only pay the fund's annual management fee. Over 20 years on a RM100k portfolio, Endowus's 0.60% fee adds up to ~RM12,000–RM18,000 extra in fees compared to FSMOne's 0% model.
Can I use both FSMOne and Endowus?
Yes — many investors use both. Common strategy: use FSMOne for stocks (Bursa/US), wide-range unit trusts, and bonds; use Endowus for DFA-based passive index portfolios. Both are SC-licensed and both offer 0% unit trust sales charge. Using both means you get maximum fund selection and access to institutional DFA funds simultaneously.

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