Learn how to diversify your money. Get the account that fits your investment strategy.
Overview

Cash Upfront account is a product where all securities are paid for in full. In order to trade in shares, clients are required to deposit 100% cash upfront. Clients’ trading limit will be based solely on the quantum of cash deposited.

Features
  • Purchase shares listed on Bursa Malaysia.
  • The settlement period for transactions is 3 trading days after the transaction date (T+3)
Types of Collateral* Trading facility
Cash 1.0 time

 

*Subject to Bank's capping and any other collateral / security acceptable from time to time.

What You Gain
  • Discounted brokerage rate
  • Cash returns on deposits above RM2000
Transaction Costs

Brokerage

Contract Value Off Line Order Online Order
Up to RM100,000 0.60% 0.42%
Above RM100,000 0.30% 0.21%

 

Regulatory Charges

  1. Clearing Fee
    0.03% of transaction value (payable both buyer and seller) with a maximum of RM1000 per contract. No minimum fee imposed.
  2. Stamp Duty
    RM1.00 for RM1000 or fractional part of value of securities (payable by both buyer and seller) with maximum charges of RM200.
Opening of Trading Account

Required documents

  • Standard Trading Application form
  • Two photocopies of NRIC / passport
  • A copy of the latest annual income statement or latest 3 months salary slips
  • Latest 3 months bank statements

Eligibility

  • Malaysians and foreigners aged 18 years and above
  • Those with a registered CDS account

Terms and Conditions apply.

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  • Maybank Investment Bank Berhad (15938-H). All Rights Reserved. A Participating Organisation of Bursa Malaysia Securities Berhad. | Terms & Conditions | Privacy Notice
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