You will be given the option to choose which account to trade with.
Yes, you will be paid interest based on the existing Premier 1 Account rates.
An individual who is aged between 21 years and 65 years with a Malaysian Onshore Bank Account.
Yes, you can. Login to Maybank2u.com with your Username and Password. Select Online Application. Then select Non-margin Facility. Type in your personal details and then "Submit". You will be notified by our Investment Share Executives, once your application has been approved.
The minimum financing amount is RM50,000.
Facility* | Types of Collateral | Financing Limit | Trading Limit | Total Trading Limit |
---|---|---|---|---|
Share Margin Financing (SMF1) | Fixed Deposit | 2.5 X | 1.0 X | 3.5 X |
Shares / Cash | 1.5 X | 1.0 X | 2.5 X | |
Non-margin facility (SMF2) | Fixed Deposit | 0 | 3.0 X | 3.0 X |
Shares / Cash | 0 | 2.5 X | 2.5 X |
CDS trading account can be opened at Equity Investment Centre, Equity Investment Kiosk or through Maybank2U (for existing Maybank2U users).
You can check your trade order status online under "Order Status".
All purchases will be debited from your margin account on the settlement date. Ensure you have sufficient funds in your account on the settlement date (T+2). All sales proceeds will be credited to your margin account on the settlement date.
This is the available trading limit for which you are required to settle within the T+2 settlement date. If you do not settle, the shares will be force sold.
Where there is available cash or margin balance in the account at the time of placing the purchase order, the said order can be tagged as 'CUP' trade. Cash or margin balance will be locked for 'CUP' trade settlement.
Force selling will be executed on T+3.
4.1 How do I withdraw my sales proceeds from SMF account?
You may request cash withdrawal from the below channels:
Only settled sales proceeds or credit balances are allowed to be withdrawn from SMF account.
No, cash withdrawal is strictly through your own personal accounts maintained at Maybank.
Cash withdrawal is not an instant transfer. Your balances will be updated within the same day for withdrawal request submitted before 4.30pm.