Best Robo-Advisor Referral Codes Malaysia 2026
4 SC-licensed platforms · Automated investing · Updated Apr 2026
StashAway is Malaysia's most established robo-advisor with its proprietary ERAA® (Economic Regime-based Asset Allocation) strategy. The referral gives RM30,000 managed free for 6 months — the highest-value referral in Malaysian investing, worth RM45–RM90 in fee savings. StashAway invests in globally diversified ETFs and offers both conventional and Shariah-compliant portfolios.
Best for: All investors wanting globally diversified, algorithmically managed portfolios
Min: RM100
Link-based (no referral code field)
RM30,000 managed free
Get code →Wahed Invest (code YINOOI1) is the only Malaysian robo-advisor where every portfolio is 100% Shariah-certified — halal equities, sukuk, and gold. RM20 bonus after investing RM200. Managed by an independent Shariah advisory board. The #1 choice for Muslim investors who want automated halal investing without compromise.
Best for: Muslim investors wanting fully certified halal automated investing
Min: RM200
Code: YINOOI1
Versa (code DDGFGYUX) is backed by AHAM Asset Management (part of Affin Hwang) and invests primarily in money market and short-term fixed income funds. Returns are stable (typically 3%–4% p.a.) with lower volatility than equity robo-advisors. RM10 bonus after investing RM100. Best for conservative investors who want better returns than a savings account without equity market risk.
Best for: Conservative investors wanting FD-beating returns with daily liquidity
Min: RM100
Code: DDGFGYUX
ASNB Ria (code ZP3HXD) is Malaysia's national robo-advisor built on Amanah Saham Nasional Berhad (ASNB) — government-linked, halal-certified unit trusts with decades of consistent dividends. RM20 bonus after investing RM100. Uniquely, Ria invests exclusively in ASNB funds — the safest possible Malaysian unit trusts backed by PNB (Permodalan Nasional Berhad).
Best for: Investors wanting maximum safety with government-backed ASNB funds
Min: RM100
Code: ZP3HXD
Quick Comparison
| Feature | StashAway | Wahed | Versa | ASNB Ria |
|---|---|---|---|---|
| Investment strategy | ERAA® global ETFs | Shariah global portfolio | Money market / fixed income | ASNB unit trusts |
| Referral reward | RM30k managed free | RM20 bonus | RM10 bonus | RM20 bonus |
| Min investment | RM100 | RM200 | RM100 | RM100 |
| Halal-certified | Shariah option | 100% all portfolios | Most funds halal | Yes (Majlis Agama Islam) |
| Expected return | 6–10% p.a. (equity) | 5–9% p.a. | 3–4% p.a. | 4–6% p.a. (historical) |
| Risk level | Low to High (choose) | Low to High (choose) | Very Low | Low |
FAQ
Which robo-advisor is best in Malaysia?
StashAway is the best overall robo-advisor for most Malaysians — widest investment strategy, globally diversified, and the highest-value referral (RM30,000 managed free). For Muslim investors who need fully Shariah-certified portfolios, Wahed Invest (code YINOOI1) is the best choice. For conservative investors wanting FD-beating returns, Versa (code DDGFGYUX) is best. For Bumiputera investors wanting government-backed safety, ASNB Ria (code ZP3HXD) is best.
What is the difference between a robo-advisor and a unit trust?
A robo-advisor (StashAway, Wahed, Versa) automatically builds and manages a portfolio based on your risk profile, rebalancing it over time without human intervention. A unit trust (like those sold via FSMOne or ASNB) is a fund managed by a fund manager — you typically choose which funds to invest in. Robo-advisors are more hands-off; unit trusts give you more control. ASNB Ria bridges both — it's a robo-advisor that invests in ASNB unit trusts.
Are robo-advisors safe in Malaysia?
Yes — all reputable Malaysian robo-advisors are licensed by the Securities Commission Malaysia (SC) or regulated by BNM. StashAway, Wahed Invest, and Versa are all SC-licensed. ASNB Ria is under ASNB, which is regulated by SC. Your investments are held in your name via licensed trust custodians — they are not pooled with the robo-advisor's operational funds and are not at risk if the company faces difficulties.
Can I use multiple robo-advisors at the same time?
Yes, and many Malaysian investors do. A common approach: StashAway for long-term global equity growth, Versa for an emergency fund (3% p.a. with daily liquidity), and Wahed for Shariah-compliant investing. Each referral code is separate and can be used independently. You can collect bonuses from all of them.
What happens to my robo-advisor investment if the company closes?
Malaysian SC-licensed robo-advisors hold your investments in a trust account separate from the company's operations. If a robo-advisor closes, the underlying assets (ETF units, fund units, sukuk) are still yours and can be transferred to another custodian. This is a regulatory requirement from the Securities Commission Malaysia.