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Learn about our commission rates and financing interest. There are no maintenance fees.
What Are The Charges?

Share CFDs

Country

Commission Rate

Financing Charge

Monthly Charge for Live Price Feed*

Singapore

0.25% (Min. SGD15)

Long
Base Rate + 3.5%

Short
Base Rate - 3.5%

FREE

Hong Kong

0.33% (Min. HKD100)

HKD120

United States

0.22% (Min. USD15)

USD3

United Kingdom

0.35% (Min. GBP15)

GBP5

Australia

0.23% (Min. AUD15)

AUD37.50

Japan+

0.27% (Min. JPY2,500)

NA

China 'A' Shares
(SH-HK Connect)

0.30% (Min. RMB100)

NA

Malaysia

0.40% (Min. USD20)

Long
Base Rate + 3.5%

Short
Base Rate - 8.5%

SGD5

Indonesia

0.30% (Min. USD30)

Long
Base Rate + 5%

Short
Base Rate - 8%

USD2.50

Japan CFDs are only available on a per-request basis.
All price feed charges 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.


Index CFDs

Index

Symbol

Standard Commission Rate

Promotion Rate*

Financing Charges

Monthly Charge for Live Price Feed

ASIA PACIFIC

Long
Base Rate + 3.5%

Short
Base Rate - 3.5%

FREE

Singapore

SIMSCI.IND

0.15% (Min. SGD10)

0.12% (No min.)

Hang Seng China

HSCE.IND

0.15% (Min. HKD50)

0.12% (No min.)

HK Top 46

HSI.IND

0.15% (Min. HKD50)

0.12% (No min.)

Japan Top 225

N225.IND

0.15% (Min. JPY1,000)

0.12% (No min.)

Australia Top 200

AXJO.IND

0.15% (Min. AUD10)

0.12% (No min.)

UNITED STATES

US Top 30

DJI.IND

0.12% (Min. USD5)

0.10% (No min.)

US Top 500

SPX.IND

0.12% (Min. USD5)

0.10% (No min.)

US 2K

RUT.IND

0.12% (Min. USD5)

0.10% (No min.)

US Tech 100

NDX.IND

0.12% (Min. USD5)

0.10% (No min.)

EUROPE

EU Top 50

STOXX50E.IND

0.12% (Min. EUR5)

0.10% (No min.)

German Top 30

GDAXI.IND

0.12% (Min. EUR10)

0.10% (No min.)

UK Top 100

FTSE.IND

0.12% (Min. GBP10)

0.10% (No min.)

*Promotion Rates apply until further notice.


Commission Charges
Commission charges are the same for both online and offline trades. It is subject to 7% GST.


Financing Charges

A financing fee is charged daily on any CFD positions held overnight. The financing rate is currently base rate +/- 3.5 % (+ for long and - for short)

The Maybank Kim Eng Base Rate is the interest rate set by the underlying Interbank Rate for the currency of the relevant shares. It varies from market to market and is subject to change at the sole discretion of Maybank Kim Eng. The base rate amount is debited from or credited to (if shorting) your CFD account on a daily basis.

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


Price Feed Fees

Live price feeds are payable for all markets except Singapore, or unless specified.

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

Are There Any Other Fees?

There is no fee needed to maintain or close your CFD account. No interest is earned on dormant funds. Maybank Kim Eng does not impose a 30-day expiry date on all CFD contracts. Hence, there are no rollover costs.

What is the Settlement Currency of a Trade?

Share CFDs

Country

Exchanges

Settlement Currency

Singapore

SGX

SGD or USD (For USD-denominated stock)

Hong Kong

HKEx

HKD

United States

NYSE, NASDAQ & AME

USD

Malaysia

BURSA

USD

Indonesia

IDX

USD

Australia

ASX

AUD

United Kingdom

LSE

GBP

Japan

TSE

JPY

Index CFDs

Index

Symbol

Settlement Currency

ASIA PACIFIC

Singapore

SIMSCI.IND

SGD

Hang Seng China

HSCE.IND

HKD

HK Top 46

HSI.IND

HKD

Japan Top 225

N225.IND

JPY

Australia Top 200

AXJO.IND

AUD

UNITED STATES

US Top 30

DJI.IND

USD

US Top 500

SPX.IND

USD

US 2K

RUT.IND

USD

US Tech 100

NDX.IND

USD

EUROPE

EU Top 50

STOXX50E.IND

EUR

German Top 30

GDAXI.IND

EUR

UK Top 100

FTSE.IND

GBP

All profits and losses arising from trades in foreign markets are held in your account in the respective settlement currencies. They are not automatically converted to your preferred base currency, although the equivalent of which will be shown on your platform. To check how much of each currency is held in your account, please refer to your statements. You can choose to convert your currency at any time when the Forex rate is in your favour by informing your Trading Representative. 

How Are The Charges Calculated?

There are 2 charges on every CFD trade: commission (subject to GST), and financing interest if you hold a position overnight. These charges are deducted automatically from your account the day after you have made a trade. See our brokerage rates and charges under the "What Are The Charges?" section below.


Example:
You deposited SGD3,000 into your account. You use SGD2,000 to open a SGD20,000 position (stock margined at 10%),

Day 1:
GLV: SGD3,000
IM: SGD2,000
FE: SGD1,000

The trading day closes and the price remains the same, meaning no profit or loss. Charges will be deducted the next day. If the commission and financing cost SGD100, it will be reflected as follows in your account the next day:

Day 2:
GLV: SGD2,900
IM: SGD2,000
FE: SGD900

There are no charges if there are no trades. There is also no maintenance fee.

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