Trade Online in real-time
1. How long does it take to activate my trading account and how will I be informed of its approval?
If you have fully completed the application form, the processing time would take 2 hours prior to activation.
2. What are the documents required and fees to be paid to open a trading account?
The documents required are:
i. One photocopy of NRIC
ii. Three months Bank Statements/Salary Slip
iii. RM10.00 Administration fees
iv. RM10.00 CDS fees
3. Can I apply for a Share Margin Financing account with Maybank?
Yes, please contact the nearest Share Investment Centre. You have a choice of choosing the conventional account (Maybankinvest) or Islamic Account (Maybankinvest-i). Our Share Investment Executives will assist you in your application.
4. How about my trading and buying limit?
Upon approval, a trading limit will be given to your trading account. Please note that the trading limit is NOT the same as the buying limit.
The buying limit is based on our collateral system, which we accept cash or shares pledged under your nominee account.
5. How will I know if my trades are confirmed?
You can check your trade order status online. Look under "Order Enquiry".
6. When do I make payment for purchases and receive payment from sales?
All purchases must be made latest by 3.00pm on T+3 (where T = Trading day).
All sales proceed will be paid on T+3 day.
7. What happens if I don't pay for my purchases by T+3?
On T+4, we will execute force selling. Important note: Customers are not allowed to place any selling order on T+4 (i.e. for shares that are not paid on T+3). Any losses due to overselling will be borne by the customer
8. What happens if I have both Maybansec (MSSB) as well as Maybankinvest / Maybankinvest-i trading accounts?
If you hold both Maybansec and Maybankinvest / Maybankinvest-i trading accounts, you will be able to access your Maybankinvest / Maybankinvest-i portfolio options only.
Your Internet Banking Username and Password allow access to only ONE trading account. If you want online access to both your trading accounts, you can apply for another Username and Password at any Maybank branch.
So easy nowdays everything is online , make money at home wow!!
3 comments:
I Think as long you have an account with maybank you can trade using maybank2u . Maybank got several branhces outside Malaysia like UK,US ,Singapore etc
hey hi... are you an active trader in M2U.com? I already have an CDS account but have no idea how to trade using M2U. Hoping you could enlighten me by providing what should I do. Thanks
hello... how much minimum deposit needed when opening a new trading account with Maybank?
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