The brokerage rates for trades done in the Singapore market are as follows:
|
Contract Value |
Online & Mobile Trades |
Offline Trades |
| Up to SGD50,000 |
0.275%* |
0.50%* |
| Above SGD50,000 & up to SGD100,000 | 0.22%* | 0.40%* |
| Above SGD100,000 | 0.18%* | 0.25%* |
| Minimum | SGD25 | SGD40 |
*Margin clients will enjoy 7 days interest-free credit on trades settled in SGD.
NOTE:
In addition to the brokerage/commission rates, the following charges are incurred when trading in the Singapore market:
- Clearing Fee of 0.0325% on contract value.
- SGX Trading Fee of 0.0075% on contract value; and
- GST of 7% on each item (applicable to commission and fees).
- All brokerage rates are negotiable subject to the published minimum.
- We reserve the right to revise the published brokerage fees from time to time.
Online Trades
The brokerage rates for trades done in foreign markets are as follows:
|
Market |
Contract Value |
Online & Mobile Trades |
Minimum |
|
Hong Kong |
Up to HKD250,000 |
0.25% |
HKD100 |
|
Above HKD250,000 |
0.20% |
||
| Hong Kong-Shanghai |
All values |
0.25% |
RMB80 |
|
Malaysia |
Up to MYR100,000 |
0.50% |
MYR60 |
|
Above MYR100,000 and |
0.40% |
||
|
Above MYR200,000 |
0.30% |
||
|
Thailand |
All values |
0.40% |
THB400 |
|
United States |
All values |
0.30% |
USD20 |
*Margin clients will enjoy 7 days interest-free credit on trades settled in SGD.
NOTE:
- The commission rates for the foreign markets shown above do not include any clearing fees, stamp duties or foreign fees that are chargeable on each trade.
- We reserve the right to impose other charges which may not be included in the list above and reserve the right to revise the published fees and charges from time to time.
Offline Trades
The brokerage rates for trades done in foreign markets via offline trades are as follows:
|
Market |
Contract Value |
Offline Trades |
Minimum |
|
Hong Kong |
All values |
0.40% |
HKD100 |
|
Hong Kong-Shanghai |
All values |
0.30% |
RMB80 |
|
Malaysia |
All values |
0.50% |
MYR80 |
|
Thailand |
All values |
0.50% |
THB500 |
|
United States |
All values |
0.50% |
USD30 |
|
Asian Markets |
|||
|
Australia |
Up to AUD100,000 |
1.00% |
AUD75 |
|
Above AUD100,000 |
0.80% |
AUD75 |
|
|
Indonesia |
All values |
0.50% |
IDR150,000 |
|
Japan |
All values |
0.50% |
JPY11,000 |
|
Korea |
All values |
0.75% |
KRW 108,000 |
|
New Zealand |
All values |
1.00% |
NZD130 |
|
Philippines |
All values |
0.50% |
PHP1,000 |
|
Shanghai |
All values |
1.50% |
USD100 |
|
Shenzhen |
All values |
1.50% |
HKD600 |
|
Taiwan |
All values |
0.50% |
TWD1,200 |
|
Vietnam |
All values |
0.35%** |
USD35 |
|
European Markets |
|||
|
Belgium |
All values |
1.00% |
EUR80 |
|
Denmark |
All values |
1.00% |
DKK590 |
|
Finland |
All values |
1.00% |
EUR80 |
|
France |
All values |
1.00% |
EUR80 |
|
Germany |
All values |
1.00% |
EUR80 |
|
Ireland |
All values |
1.00% |
EUR80 |
|
Italy |
All values |
1.00% |
EUR80 |
|
Netherlands |
All values |
0.75% |
EUR80 |
|
Norway |
All values |
0.75% |
NOK670 |
|
Portugal |
All values |
1.00% |
EUR80 |
|
Spain |
All values |
1.00% |
EUR80 |
|
Sweden |
All values |
1.00% |
SEK730 |
|
Switzerland |
All values |
1.00% |
CHF95 |
|
United Kingdom |
All values |
0.75% |
GBP65 |
|
North American Market |
|||
|
Canada |
All values |
0.50% |
CAD 100 |
**Promotional rates for Vietnam market are valid till 30 June 2020 (inclusive). Rates will be revised to 1% on 01 July 2020.
NOTE:
- The commission rates for the foreign markets shown above do not include any clearing fees, stamp duties or foreign fees that are chargeable on each trade.
- All brokerage rates are negotiable subject to the published minimum.
- We reserve the right to impose other charges which may not be included in the list above and reserve the right to revise the published fees and charges from time to time.
Choose the Flat or Grade Based Interest Rate Scheme according to the types of securities in your portfolio. With our Grade Based Interest Rate Scheme, you can now leverage your high-quality securities to enjoy lower margin financing rates and build your investment portfolio.
|
Currency |
Flat Interest Rate |
Grade Based Interest Rate*** |
|||
|
All Securities |
Fixed Income Securities** |
Grade 1 |
Grade 2 |
Grade 3 |
|
|
SGD |
5.80% |
2.80% |
3.30% |
5.05% |
6.60% |
|
USD |
6.10% |
3.40% |
3.60% |
5.40% |
6.90% |
|
HKD |
6.30% |
3.40% |
3.70% |
5.50% |
7.00% |
*For corresponding interest grades and valuation percentages of various securities in multiple markets, please click here.
**Only applicable for a list of over 90 eligible fixed income securities, including those issued by financial and non-financial corporates and quasi-government organisations.
***For existing Margin clients, to opt into our Grade Based Interest Rate Scheme, please download this form and send the original back to Margin Finance Department or your Trading Representative.
|
Type of Service |
Fee Type |
Charges |
|
Cash Dividend |
Handling Fee |
Waived |
|
Agent Fee |
If applicable |
|
|
Cash Offer |
Handling Fee |
Waived |
|
Agent Fee |
If applicable |
|
|
Rights Issuance for |
Handling Fee |
SGD15* |
|
Agent Fee |
If applicable |
|
|
Rights Issuance for |
Handling Fee |
Waived |
|
Agent Fee |
If applicable |
*Charges subject to GST
NOTE:
- Any dividend received in foreign currency (other than SGD) and due to you will be paid in SGD unless otherwise advised by you.
- We reserve the right to impose other charges which may not be included in the above list and reserve the right to revise the published fees and charges from time to time.
CDP Maintenance Fee
|
Type of Service |
Charges |
|
CDP Sub-account Maintenance Fee |
Waived |
|
Foreign Custody Fee |
SGD2* per counter per month
|
*Charges subject to GST
NOTE:
- Any payment, contra gain, sale proceeds and trust balances will be automatically utilised to pay off any outstanding custody fee.
- We reserve the right to impose other charges which may not be included in the list above and reserve the right to revise the published fees and charges from time to time.
|
Type of Service |
Fee Type |
Charges |
|
Non-Singapore Shares |
||
|
Transfer of securities from other brokerages/financial institutions into Maybank Kim Eng (NCBO)# |
Handling Fee |
Nil |
|
Agent Fee |
If applicable |
|
|
Transfer of securities from Maybank Kim Eng to other brokerages/financial institutions (NCBO)# |
Handling Fee |
SGD50* per counter per transfer |
|
Agent Fee |
If applicable |
|
|
Transfer of securities within Maybank Kim Eng (NCBO)# |
Handling Fee |
Waived |
|
Agent Fee |
If applicable |
|
|
Transfer from a joint a/c to an individual a/c or vice versa or within family members a/c with Maybank Kim Eng (subject to local exchange regulations) |
Handling Fee |
Waived |
|
Agent Fee |
If applicable |
|
|
Off Market Transfer (CBO)^ |
Handing Fee |
0.25% of share valuation* (subject to a min. of S$100* per counter) |
| Agent Fee | If applicable | |
|
Singapore Shares |
||
|
Transfer of securities from client's GSA account with CDP into Maybank Kim Eng Sub-account via CDP Form 4.2 (NCBO)# |
Handling Fee |
Nil |
|
CDP Charge |
SGD10.70 per counter per transfer |
|
|
Transfer of securities from other brokerages/financial institutions into Maybank Kim Eng (NCBO)# |
Handling Fee |
Nil |
|
CDP Charge |
Nil |
|
|
Transfer of securities from Maybank Kim Eng to client's GSA account (NCBO)# |
Handling Fee |
SGD10* per counter per transfer |
|
CDP Charge |
SGD10.70 per counter per transfer |
|
|
Transfer of securities from Maybank Kim Eng to other brokerages/financial institutions (NCBO)# |
Handling Fee |
SGD10* per counter per transfer |
|
CDP Charge |
SGD10.70 per counter per transfer |
|
|
Transfer of securities within Maybank Kim Eng (NCBO)# |
Handling Fee |
Waived |
|
CDP Charge |
SGD10.70 per counter per transfer |
|
|
Transfer from a joint a/c to an individual a/c or vice versa or within family members a/c with Maybank Kim Eng (subject to local exchange regulations) |
Handling Fee |
Waived |
|
CDP Charge |
SGD10.70 per counter per transfer |
|
|
Cross-Border Transfer |
Handling Fee |
SGD25* per counter per transfer |
|
CDP Charge |
If applicable |
|
|
Agent and Other Fee |
If applicable |
|
|
Off-Market Transfer (CBO)^ |
Handling Fee |
0.25% of market valuation* |
|
CDP Charge |
0.015% of share valuation |
|
* Charges subject to GST
# No change in beneficial owner
^ Change in beneficial owner
NOTE:
- We reserve the right to impose other charges which may not be included in the above list and reserve the right to revise the published fees and charges from time to time.