How are Maybank trading fees calculated?
Here’s how Maybank brokerage fee is calculated for Malaysian stocks: 0.1% of the transaction value for stock purchases above RM 8,000.
How much is the brokerage fee in Malaysia?
Compare and Find the Best Brokerage in Malaysia
| Brokerage | NamUp to 100Ka | Minimum Fees |
|---|---|---|
| eToro | 2 pips average spread cost | RM800 |
| Hong Leong Bank | 0.1060% – 0.4028% | RM8.48 |
| Jupiter Securities | 0.2% | RM10 |
| Maybank | 0.42% | RM12 |
How do I open a CD in Maybank?
Required Documents:
- Two photocopies of NRIC / passport.
- A copy of the latest annual income statement or latest 3 months salary slip.
- Latest 3 months bank statements or latest EPF / Form B / Form EA.
- Additional documents for directors of company: account statement, form 49.
What is the minimum brokerage charges in Malaysia?
Brokerage fee structures compared
| Broker | Minimum fee | Trade value >RM100,000 |
|---|---|---|
| BIMB Securities | RM14 | 0.20% |
| CIMB Clicks Trader | RM8.88 | 0.0388% |
| Hong Leong Bank | Cash upfront (Value Trade): RM8.48 Collateralised (Power Trade): RM12.72 | Cash upfront (Value Trade): 0.106% Collateralised (Power Trade): 0.1908% |
| KenTrade by Kenanga | RM28 | 0.30% |
How much do you need to open a CDS account?
A RM10 fee for opening your CDS account. Latest bank statements, EPF statement, pay slips or EA form. Copies of your NRIC or passport.
Which bank has lowest brokerage in Malaysia?
Brokers Comparison
| Broker ** | Online Brokerage Fees |
|---|---|
| CIMB | 0.42% (iTrade) Minimum: RM28 (iTrade) 0.0388% (CIMB Clicks) Minimum: RM8.88 (CIMB Clicks) |
| Hong Leong Bank | Cash Upfront (VALUeTRADE) 0.10% Intraday: 0.10% Minimum: RM8 Collateralised (1TRADE) 0-100k: 0.38% >100k: 0.18% Intraday: 0.10% Minimum: RM8 |
How much is the clearing fee at Maybank?
The clearing fee is charged at 0.03% of the traded amount. For my example of RM 972; Clearing fees = RM 972 x 0.03% = RM 0.3. When you open a trading account for Malaysian stocks, Maybank will automatically open up a Premier-1 account and is visible when you log in to M2U.
Is it good to have Maybank CDs account?
But for me, Maybank CDS is a good option to start with. comes with 0.1% charge fee, it is among the lowest rate between other CDS account provided by other Banking Company. Trading with Maybank 2U is very easy. After your CDS account is activated, u can easily accessing the trading system through maybank2u.com
How to contact Maybank Investment Bank equities helpdesk?
If you register via Powerbroking2u.com.my, please contact Maybank Investment Bank Equities Helpdesk at 1 300 223 888 or email to [email protected]. What are system requirement to view online stock trading?
How to invest in stocks with Maybank 2U?
Trading with Maybank 2U is very easy. After your CDS account is activated, u can easily accessing the trading system through maybank2u.com Login to maybank2u, click on InvestmentTab. Then, on the investment page, click at Online Stocks After that, click at the Real-time MarketInfo option.
