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CONTACT US

 

Call us at 6432 1888

Email to helpdesk@maybank-ke.com.sg

 

Visit our Customer Service Centres at:

50 North Canal Road

Singapore 059304

 

9 Temasek Boulevard

#12-00 Suntec Tower Two

Singapore 038989

 

87 Marine Parade Central
#01-502

Maybank@Marine Parade

Singapore 440087

 

Visit our Investor Centre at:

23 Serangoon Central

#B2-39 nex

Singapore 556083

 

3 Gateway Drive

#03-20 Westgate

Singapore 608532

 

CFD
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  • Brokerage Rates
  • Settlement

There are two basic charges incurred when trading Contracts for Difference (CFD) - Commission Charges (subjected to GST) and Financing Charges. Other fees such as price feed fees may apply if you are intending to trade the foreign markets.

 

 

Brokerage/commission charges (Index CFDs)

 

INDEX

Symbol

Standard Commission Rate

Promotional Rate*

Financing Charges

Monthly Charge for Live Price Feed

ASIA PACIFIC

 

 

 

 

Singapore

SIMSCI.IND

0.15% (min SGD 10)

0.12% (no min)

 

 

 

Long

Base Rate + 3.5%

 

Short

Base Rate - 3.5%

 

 

 

 

 

 

FREE

Hang Seng China

HSCE.IND

0.15% (min HKD 50)

0.12% (no min)

FREE

HK Top 46

HSI.IND

0.15% (min HKD 50)

0.12% (no min)

FREE

Japan Top 225

N225.IND

0.15% (min YEN 1000)

0.12% (no min)

FREE

Australia Top 200

AXJO.IND

0.15% (min AUD 10)

0.12% (no min)

FREE

US

 

 

 

US Top 30

DJI.IND

0.12% (min USD 5)

0.10% (no min)

FREE

US Top 500

SPX.IND

0.12% (min USD 5)

0.10% (no min)

FREE

US 2K

RUT.IND

0.12% (min USD 5)

0.10% (no min)

FREE

US Tech 100

NDX.IND

0.12% (min USD 5)

0.10% (no min)

FREE

EUROPE

 

 

 

EU Top 50

STOXX50E.IND

0.12% (min EUR 5)

0.10% (no min)

FREE

German Top 30

GDAXI.IND

0.12% (min EUR 10)

0.10% (no min)

FREE

UK Top 100

FTSE.IND

0.12% (min GBP 10)

0.10% (no min)

FREE

 

Brokerage/commission charges (Share CFDs)

 

Country Commission Financing Charges Live Price Feed / Month*
Singapore 0.25% (Min. SGD 15)

Long
Base Rate + 3.5%

 

Short
Base Rate - 3.5%

FREE
Hong Kong 0.33% (Min. HKD 100) HKD 120
USA 0.22% (Min. USD 15) USD 3
UK 0.35% (Min. GBP 15) GBP 5
Australia 0.23% (Min. AUD 15) AUD 37.50
Japan+ 0.27% (Min. JPY 2500) NA
Malaysia 0.40% (Min. USD 20)

Long
Base Rate + 3.5%

Short
Base Rate - 8.5%

SGD 5
Indonesia 0.30% (Min. USD 30)

Long
Base Rate + 5%

Short
Base Rate - 8%

USD 2.50

 

+ Japan CFDs are only available on a per-request basis.
* All price feed fees will be deducted from the CFD account.

 

Important note:

  • Commission is the same for online and offline trades.
  • It is subject to 7% GST.
  • All charges will be automatically deducted from your CFD account the following business day.

 

 

Financing Charges

A financing fee is charged daily on any CFD positions held overnight. This amount is debited or credited (if applicable for shorting) from your CFD account on a daily basis.

 

Finance charges are computed based on the end-of-day marked to market value of your CFD portfolio, and are charged on 100% of the marked to market value. There are no finance charges if the position is closed within the same day.

 

The Maybank KE Base Rate is the interest rate set by the underlying Interbank Rate for the currency of the relevant shares. The Maybank KE Base Rate varies from market to market and is subject to change at the sole discretion of Maybank KE. All charges are subject to changes at the sole discretion of Maybank KE.

 

Price Feed Fees

Live price feed is payable for all markets except Singapore.

 

Live or delayed market price feed is required for online trading access, and delayed price feed will be provided for the other markets. If market data is not available, only offline trades (placing trade through a Trading Representative) will be allowed.

 

Rollover Costs

Maybank Kim Eng does not impose a 30-day expiry date on all CFD contracts. Hence, there are no rollover costs.

 

Other Fees

There is no fee needed to maintain or close your CFD account. No interest is earned on dormant funds.

 

 

 

 

All CFD contracts are settled in their respective settlement currencies. As a result, some transactions will result in profit/loss being accrued in the settlement currency other than tyour base currency.

Index CFDs

 

INDEX

Symbol

Settlement Currency

ASIA PACIFIC

 

 

Singapore

SIMSCI.IND

Singapore dollars

Hang Seng China

HSCE.IND

Hong Kong Dollars

HK Top 46

HSI.IND

Hong Kong Dollars

Japan Top 225

N225.IND

Japanese Yen

Australia Top 200

AXJO.IND

Australian Dollars

US

 

 

US Top 30

DJI.IND

US Dollars

US Top 500

SPX.IND

US Dollars

US 2K

RUT.IND

US Dollars

US Tech 100

NDX.IND

US Dollars

EUROPE

 

 

EU Top 50

STOXX50E.IND

Euro dollars

German Top 30

GDAXI.IND

Euro dollars

UK Top 100

FTSE.IND

Great British Pounds

 

 

Share CFDs

 

Country Exchanges Settlement Currency
Singapore SGX Singapore Dollars / US Dollars (For US Dollar denominated stock)
Hong Kong HKEx Hong Kong Dollars
USA NYSE, NASDAQ & AME US Dollars
Malaysia KLSE US Dollars
Indonesia IDX US Dollars
Australia ASX Australian Dollars
UK LSE Great British Pounds
Japan TSE Japanese Yen

 

Do note that the profit/loss accrused in their respective settlement currencies will not be auto-converted to your base currency. Please refer to your daily statement for a true indication of foreign currencies held. Inform your Trading Representative if you wish to convert the profit/loss in their respective settlement currencies to your base currency.

 

 

 

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