5 Best Robo-Advisors in Malaysia

Best Robo Advisor in Malaysia

Source: Adeolu Eletu via Unsplash

By Yusuf bin Ahmad

Maybe you find old-fashioned investments intimidating. Maybe you’re not sure how to monitor your funds, or you find that switching between funds is a hassle.

If these are your problems, the best robo-advisors in Malaysia can help you multiply your wealth without much effort while allowing you to monitor your investments.

If you’re curious but don’t know where to start, we’ve got you. Below is a list of the best robo-advisors in Malaysia you should definitely consider to help you grow your money wisely.

1.  StashAway

StashAway's Homepage
Source: StashAway
BEST FOR Customised investment plan
PRODUCTS https://www.stashaway.my/
WEBSITE https://www.stashaway.my/
ADDRESS Plaza Equatorial, Level 18, Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia
CONTACT DETAILS +60 11 1282 9646 +603 9212 4356 [email protected]
OPERATING HOURS Monday – Sunday: 9:00 AM – 6:00 PM

For comprehensive wealth management that’s tailored to your choices, StashWay is the best robo-advisor in Malaysia.

StashAway Simple lets you grow your money by gaining rebates from unit trust managers. With it, you have a projected return of 2.4% per annum you can use to invest further.

Once you decide to invest, the best robo-advisor in Malaysia allows you to customise your investment plan depending on your goals and risk appetite. As you do so, you can consult real people regarding your money management strategy for more desirable returns.

StashAway can be accessed whenever and wherever with mobile and desktop apps. Despite this, it has a two-factor authentication feature that makes sure that only you get to log into your account.

Highlights

  • Projected return of 2.4% per annum for StashAway Simple
  • Customise your own investment plan
  • Consult real people
  • Two-factor authentication

2.  MYTHEO

MYTHEO's Homepage
Source: MYTHEO
BEST FOR Global ETFs
PRODUCTS https://www.mytheo.my/mytheo/mytheo-explained
WEBSITE https://www.mytheo.my
ADDRESS Level G.02, KPMG Tower First Avenue, Bandar Utama 47800 Petaling Jaya, Selangor, Malaysia
CONTACT DETAILS +603-8408 1613 [email protected]
OPERATING HOURS Monday – Friday: 9:00 AM – 5:30 PM

Start your investment journey instantly with the best robo-advisor in Malaysia, MYTHEO. With a minimum starting capital of RM100, you can invest in global exchange-traded funds (ETFs).

With global ETFs, not only are you building an impressive investment portfolio, but you’re also set on better returns. With diversified risks, you’re also protecting your hard-earned money. 

MYTHEO monitors market and economic data, as well as the news. If it detects an impending market slump, the best robo-advisor in Malaysia rebalances your investments and puts your assets in a better performing ETF.

MYTHEO also guarantees protection of your data so you can invest without worries.

Highlights

  • RM100 minimum starting capital
  • ETFs exposed in the global market
  • Better returns and diversified risks
  • Rebalances your portfolio in the event of a market slump
  • Data protection

3.  BEST

BEST's Homepage
Source: BIMB Investment
BEST FOR Ease of use
PRODUCTS https://bimbinvestment.com.my/
WEBSITE https://bimbinvestment.com.my/
ADDRESS Level 19, Menara Bank Islam No 22, Jalan Perak, 50450 Kuala Lumpur, Malaysia
CONTACT DETAILS +603 2161 2524 [email protected]

BEST by BIMB Investment is the best robo-advisor in Malaysia for its ease of use. For starters, opening an account is free and doesn’t require filling up complicated forms.

You only need RM10 to start investing. Input your risk profile and goal, and BEST will recommend the funds that best suit you. After that, you’re free to sit back and track your investment from time to time.

The best thing about the best robo-advisor in Malaysia is that you can invest and withdraw anytime you want. There are also no sales charges, withdrawal charges, and switching or transfer fees.

Highlights

  • Easy account opening
  • RM10 minimum investment
  • Invest and withdraw anytime
  • No sales charges, withdrawal charges, and switching or transfer fees

4.  Wahed Invest

Wahed Invest's Homepage
Source: Wahed Invest
BEST FOR Diversified investment portfolios
PRODUCTS https://wahedinvest.com/
WEBSITE https://wahedinvest.com/
ADDRESS B-5-8 Plaza Mont Kiara, Mont Kiara, 50480 Kuala Lumpur, W.P. Kuala Lumpur, Malaysia
CONTACT DETAILS +60 16 299 1615 [email protected]

Wahed Invest lets you open your account in a matter of minutes with just a minimum investment of RM100.

This best robo-advisor in Malaysia invests for you based on your risk appetite. Meanwhile, you can sit back, relax, and monitor your performance from time to time.

While they manage your investments, you can be sure that your investment portfolio will show impressive growth. Your investments will be diversified to different companies in different cities in the world. This also proves to be an effective way to lessen risks.

With Wahed Investment, you can invest with no worries. They use the latest technology to make sure that your data is safe from dangers on the Internet.

Highlights

  • RM100 minimum
  • Invests for you
  • Diversified investment portfolio
  • Protected data

5.  Raiz

Raiz's Homepage
Source: Raiz
BEST FOR Conservative, moderate, or aggressive portfolios
PRODUCTS https://www.raiz.com.my/
WEBSITE https://www.raiz.com.my/
ADDRESS Level 21, Suite 21.01, The Gardens South Tower, Mid Valley City, Ling., Kuala Lumpur
CONTACT DETAILS +603 2714 6114 [email protected]

What makes Raiz among the best robo-advisors in Malaysia is that it allows you to invest small amounts—such as your spare change—automatically.

Not only that, it recommends an investment portfolio that suits your current financial freedom and goals. Specifically, there are conservative, moderate, and aggressive portfolios to choose from. In the event that your portfolio moves counterproductive, Raiz will automatically rebalance it.

While they manage your money, this best robo-advisor in Malaysia allows unlimited free deposits and withdrawals.

Your information and money are also kept secure and stored in a remote server with maximum security, so nothing is stored on your devices.

Highlights

  • Invest small amounts easily
  • Conservative, moderate, and aggressive portfolio
  • Automatic rebalancing
  • Unlimited, free deposits and withdrawals
  • Maximum security

Getting one of the best robo-advisors in Malaysia and investing your money is a great wealth management tip. It offers far greater returns than letting your money sit in the bank.

Finding the best balance transfer accounts for your credit is also a good financial management option. For this, check out the banks for the best balance transfers in Malaysia.

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