Share Trading Cash Account
Share trading has never been easier. Register for a trading account online in just 3 minutes via Maybank2u or the MAE app!
Who can apply?
- Any individual between 18 and 65 years old
- For those between 18 - 21 years old, you are required to provide additional supporting documents such as your latest source of funds (e.g., allowance from parents, parents’ proof of salary, etc) upon creating your account
Please note that this is a Nominees CDS account. With this account you will NOT be able to subscribe to:
- Initial Public Offering (IPO) / (eIPO)
- Employees’ Share Option Scheme (ESOS)
How to apply?
1) Existing Maybank customers with Maybank2u access:
Apply via Maybank2u or MAE,
2) Existing Maybank customers without Maybank2u access:
Sign up for Maybank2u access before submitting your Share Trading Cash Account application.
3) New Maybank customers:
Complete the online application form here . Upon successful submission of the form, please visit any Maybank branch within 14 calendar days to complete your account opening. Note: Upon successful submission of your application, you will be required to upload salary documents on Maybank2u within 14 calendar days. Failure to do so will result in automatic closure of your Share Trading Cash Account and you will only be able to reactivate it after six months.
What are the fees and charges?
| Fees and Charges | Cost |
|---|---|
| Account Opening Fee | RM10 for CDS account opening |
| Brokerage Fee | Low brokerage rate of 0.1% or minimum RM8.00 (whichever is higher) |
| Regulatory Charges |
Clearing Fee: • 0.03% of the transaction value, payable both buyer and |
|
Stamp Duty • For “shares or stock” the stamp duty is RM1.00 for every RM1,000 (or fractional part) of the transaction value of securities (payable by both buyer and seller). The stamp duty shall be remitted to the maximum of RM1,000; and • For “marketable securities” the stamp duty is RM1.00 for every RM1,000 (or fractional part) of the transaction value of securities (payable by both buyer and seller). The stamp duty shall be remitted to the maximum of RM200. |
How to trade globally if you already have a trading account?
If you already have an account and is already on Maybank Trade MY app, here’s how you can enable your Global Trading facility:
For more information on Maybank Trade MY app: Global Trading Quick Guide | Quick Guide | User Guide
Important Information
Product Disclosure Sheet
View the Product Disclosure Sheet (PDS) before applying to ensure you understand the features of this product.
Suitability Statement
This product may not be suitable for all investors. Investors are advised to assess the suitability of the product in light of their investment objectives, financial circumstances, and risk profile. If in doubt, please contact Maybank Investment Bank Equities Helpdesk at 1300-22-3888 (local), or email at equities.helpdesk@Maybank-ib.com.
*Protected by PIDM up to RM250,000 for each depositor.
*PIDM protection is only applicable for Maybank2u Cash Trade account.
*Click here for PIDM's DIS Brochure.