⚡ Quick Verdict
Webull wins on pure trading cost — cheaper Bursa min (RM2.50 vs RM8.80) and cheaper US stocks (0.025% vs 0.08%). FSMOne wins on product breadth — 900+ unit trusts at 0%, bonds, ETF RSP, PRS. If you only trade stocks and want lowest fees: Webull. If you want a complete investment account: FSMOne.
FSMOne vs Webull — Fees Comparison 2026
| Feature | FSMOne | Webull MY | Winner |
|---|---|---|---|
| Bursa commission | 0.05%, min RM8.80 | 0.05%, min RM2.50 | Webull |
| US stock fee | 0.08%, min USD3.80 | 0.025%, min USD0.99* | Webull |
| HK stocks | 0.08%, min HKD50 | Not available | FSMOne |
| SG stocks | Available | Not available | FSMOne |
| Unit trust | 0% — 900+ funds ✅ | Not offered ❌ | FSMOne |
| ETF RSP | 0% — from RM100/mo ✅ | Not offered ❌ | FSMOne |
| Bonds & sukuk | From RM1,000 ✅ | Not offered ❌ | FSMOne |
| Fractional US shares | Not offered | From USD1 ✅ | Webull |
| 24H US trading | Not offered | Available ✅ | Webull |
| New user reward | RM25 + 50% OFF (RM100 min) | Up to RM550 (RM500 min) | Depends |
| SC regulated | Yes | Yes | Tie |
| Inactivity fee | None | None | Tie |
*Webull US zero commission promo until 31 Dec 2026 for new users (1 year free), then 0.025% min USD0.99.
📈 FSMOne — Get Free RM25Expires 29 May 2026
Get Free RM25 + 50% OFF Fees — FSMOne New User Reward
Code 4G4TEP · Free sign-up · Min. deposit/trade RM100 · Offer ends 29 May 2026
Why FSMOne?
- 🎁RM25 cash — you & your friend both get it
- ⚡50% OFF trading fees for 30 days
- 🇲🇾Bursa Malaysia — all local stocks
- 🇬🇧LSE (London) — HSBC, Rio Tinto & more
- 🇺🇸NYSE & NASDAQ — Apple, Tesla, Nvidia
- 📊900+ unit trust funds incl. ASNB
- 💵Bonds & sukuk — fixed income investing
- 🔐iFAST Malaysia — SC regulated
Use code 4G4TEP at sign-up · Offer expires 29 May 2026 · T&Cs apply
FSMOne vs Webull Malaysia 2026 — FAQ
FSMOne vs Webull Malaysia — which has lower fees?
Webull has lower fees for stock trading: Bursa 0.05% min RM2.50 (vs FSMOne min RM8.80) and US stocks 0.025% min USD0.99 (vs FSMOne 0.08% min USD3.80). However, FSMOne offers 0% sales charge on 900+ unit trusts, bonds, and ETF RSP — which Webull does not offer at all. For pure stock trading, Webull is cheaper. For multi-asset investing, FSMOne wins.
Is Webull Malaysia regulated by SC?
Yes — Webull Malaysia (Webull Securities (Malaysia) Sdn. Bhd.) holds a Capital Markets Services Licence (eCMSL/A0399/2024) from SC Malaysia and is a Bursa Malaysia Participating Organisation. Client funds are protected by SC's Capital Markets Compensation Fund up to RM100,000. Webull Malaysia launched in 2024 and is a newer platform compared to FSMOne.
Does Webull Malaysia have unit trust?
No — Webull Malaysia does not offer unit trust funds, bonds, PRS, or sukuk. It is a pure stock and ETF trading platform. This is the key gap versus FSMOne, which is a multi-asset investment supermart. If you hold unit trusts or want bonds, you cannot use Webull for that — you need FSMOne.
Is Webull's zero commission still available in Malaysia?
Webull Malaysia's zero commission on Bursa stocks ended 31 December 2025 — reverted to standard 0.05% min RM2.50. Zero commission on US stocks is still available for new users for 1 year, reverting to 0.025% min USD0.99 after. Post-promotion, Webull is still cheaper than FSMOne on US stocks but the gap is smaller than during the promo period.
FSMOne vs Webull — which is better for small investors?
Webull is better for small stock investors: min RM2.50 per Bursa trade vs FSMOne's RM8.80. For a RM1,000 trade, FSMOne's min RM8.80 represents 0.88% cost — much higher than the stated 0.05% rate. Webull's RM2.50 minimum is only 0.25%. However, FSMOne's 0% unit trust and ETF RSP from RM100/month make it better for regular savers who want diversification.