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Side-by-Side Comparison Independent Updated Oct 28, 2026

National Bank Direct Brokerage vs RHB Securities 2026: Which Broker is Better?

Compare National Bank Direct Brokerage and RHB Securities side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

National Bank Direct Brokerage

RHB Securities

National Bank Direct Brokerage logo

National Bank Direct Brokerage

3.3/ 5
Visit National Bank Direct Brokerage →Full review
Higher ratedRHB Securities logo

RHB Securities

3.4/ 5
Visit RHB Securities →Full review
VS
National Bank Direct BrokerageRHB Securities
BrokerRank Score3.3/53.4/5 ✓
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:5 ✓1:2
RegulationIIROC, CIPFSC Malaysia, MAS
PlatformsProprietary Web, Proprietary MobileRHB TradeSmart, RHB Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
National Bank Direct BrokerageRHB Securities
Best for Low Fees
National Bank Direct BrokerageRHB Securities
Best for Regulation
National Bank Direct BrokerageRHB Securities
Best Overall
RHB SecuritiesNational Bank Direct Brokerage
Quick Answer

RHB Securities is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, National Bank Direct Brokerage offers lower spreads (0 pips).

See full side-by-side comparison below

National Bank Direct Brokerage vs RHB Securities: Key Differences

Feature

National Bank Direct Brokerage

RHB Securities

Winner
Our Rating
3.3 / 5
3.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$0.1/lot
Regulated By
IIROCCIPF
SC MalaysiaMAS
Platforms
Proprietary Web, Proprietary Mobile
RHB TradeSmart, RHB Mobile
Markets
Stocks, Etf, Indices
Stocks, Etf, Bonds, Funds
Founded
1999
1994
Headquarters
Montreal, Canada
Kuala Lumpur, Malaysia
Score
1 / 3
2 / 3

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Fees Comparison

Fee

National Bank Direct Brokerage

Lower fees

RHB Securities

Spread From
0 pips
0 pips
Commission
None
$0.1/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

National Bank Direct Brokerage scores 3.33/5 while RHB Securities scores 3.43/5 in our independent rating.

RHB Securities edges ahead overall, but National Bank Direct Brokerage may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

National Bank Direct Brokerage

National Bank Direct Brokerage

3.3/5

Choose National Bank Direct Brokerage if you want…

  • No per-trade commission
  • Higher leverage (up to 1:5)
RHB Securities

RHB Securities

3.4/5

Top pick

Choose RHB Securities if you want…

  • Higher overall rating (3.4/5)
  • More market types (4)
  • More established (est. 1994)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both National Bank Direct Brokerage & RHB Securities are available in

Frequently Asked Questions

1

Is National Bank Direct Brokerage better than RHB Securities?

RHB Securities scores higher overall on our independent rating system. National Bank Direct Brokerage holds a 3.3/5 rating vs RHB Securities's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, National Bank Direct Brokerage or RHB Securities?

National Bank Direct Brokerage offers spreads from 0 pips, while RHB Securities starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for National Bank Direct Brokerage vs RHB Securities?

National Bank Direct Brokerage requires a minimum deposit of $0. RHB Securities requires $0.

4

Which broker is safer, National Bank Direct Brokerage or RHB Securities?

National Bank Direct Brokerage is regulated by IIROC, CIPF, while RHB Securities holds licences from SC Malaysia, MAS.

5

What trading platforms do National Bank Direct Brokerage and RHB Securities support?

National Bank Direct Brokerage supports Proprietary Web, Proprietary Mobile. RHB Securities supports RHB TradeSmart, RHB Mobile.

6

Can I use both National Bank Direct Brokerage and RHB Securities?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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