Maybank Securities: 8 Things We Like About This Bank Broker

Most of you are already familiar with Maybank, one of Southeast Asia’s largest and most prominent banks. Many big banks have an investment banking arm, and Maybank is no different — theirs is called Maybank Securities.

By the way, if you remember the name Maybank Kim Eng and are wondering what happened to it, here’s the lowdown: In 2011, Maybank Berhad acquired securities and investment broker Kim Eng Holdings via Maybank Investment Bank Holdings Sdn Bhd. In December 2021, Maybank Kim Eng was rebranded to Maybank Securities. So now you know.

No matter what name it goes by, as a broker, Maybank Securities enables you to enjoy state-of-the-art products and services aimed at investors of all levels. Whatever you want to trade, chances are they’ll have the tools you need (and more).

Here are 8 things we like about Maybank Securities.

 

1. New, enhanced web platform

Maybank Securities really knows how to harness technology to make life easier for investors.

The bank broker has launched their new Web Platform for Trading, which features lots of widgets and enhanced capabilities.

For instance, you can customise up to 10 different workspaces, each with up to 10 different worksheets and up to 10 widgets per worksheet.

Another nifty feature is the Quick Access Panel, which lets you pull up your favourite exchanges and widgets in a jiffy and search for your favourite counters more easily.

As you can see, the new platform is highly customisable according to your trading style and preferences. Trading just got easier and more fun!

In addition, thanks to customers’ suggestions, Maybank Securities have upgraded their digital capabilities and now offer a quicker account opening process via Digital Onboarding.

Digital Onboarding allows you to open an account much faster than the manual way. Just go to the account opening page and sign up for an account from the comfort of home. It’s that easy!

 

2. One of the most competitive share/fixed income margin financing rates

Currently, Maybank Securities has one of the most competitive rates in Singapore for Share or Fixed Income margin financing in Singapore, US and Hong Kong markets. This is great news for those of us who trade on margin both locally and internationally. To trade on margin means borrowing money from the broker to purchase more stocks than you’d be able to normally.

For example, if you want to buy S$300k worth of shares, trading on margin means you pay upfront S$100k in cash and borrow the remaining S$200k from the bank. You will pay financing on the loan amount of S$200k to the bank.

Maybank Securities offers “all-in” financing rates from 5.8% for SGD, 6% for HKD, 7% for USD.

All rates as of 31 May 2023.

 

3. Powerful insights and support available

Knowledge is power in the trading world. Maybank Securities makes sure you’ve got all the information you need at your fingertips.

On Maybank Trade, you’ll find reports from 6 markets — Singapore, Malaysia, Philippines, Thailand, Indonesia, and Vietnam.

There is a wide range of reports on offer, including company, economic, global, sector, strategy, technical and macro reports. There are also strategy reports shining a light on investment ideas regarding regional and global markets.

Reading reports often can really help you improve your trading game. You get to hear experts’ trading ideas, learn how to better feel out the market, spot opportunities and even discover unique investment ideas. You’ll need to scan news and analyses frequently in order to become familiar with your favourite markets, so start reading!

For those who don’t have much time, the Market Insight report is a must, as it offers the latest financial market news as it breaks, ensuring you don’t miss opportunities. The ASEAN Speaks podcast is also a convenient way to learn more about ASEAN markets while you’re on the go.

 

4. Wide access for investors

No matter what kind of investor you are, Maybank Securities has something for you.

They offer a full range of financial market services, from share trading and multi-asset, multi-market trading to margin financing, corporate financing, IPO financing and derivatives trading in Over-the-Counter (OTC), warrants and Contracts for Difference (CFDs).

This is an enormous range of investment instruments on offer, including the following:

• Stocks
• Exchange-Traded Funds (ETFs)
• Bonds
• Fixed Income
• Warrants
• Real Estate Investment Trusts (REITs)
• Daily Leverage Certificates (DLCs)
• Special Purpose Acquisition Companies (SPACs)

Maybank Securities maintains a round-the-clock trading deck, so you can trade 24/7.

As mentioned earlier, the trading platform is highly customisable, so no matter what your trading needs, you can adjust it for the most efficient and pleasant experience.

The breadth and depth of Maybank Securities’ offerings enable them to accompany you as you grow as a trader. You can start out executing simple stock trades as a beginner, and then branch out to other types of financial instruments as your knowledge and skill grows.

For the more advanced traders, you can explore the more complex Contracts for Difference (CFDs) and Leveraged FX Spot trades.

 

5. Big on ESG

Environmental, Social and Governance (ESG) investing is growing in importance, especially to socially-conscious traders. The ESG framework measures the impact of investments according to environmental, social and governance criteria. In other words, it helps us evaluate the impact our investments have on the world.

Maybank Securities is ASEAN’s leading sustainability-first investment bank. The bank has been integrating ESG principles into what it does for over a decade, before laymen even started talking about ESG.

That’s not all. Maybank actively champions ESG discussions in the region through the Invest ASEAN series of conferences, as well as their Captains Speak sessions and initiatives with clients and investors. They’ve also led green finance initiatives in ASEAN through both Islamic and conventional financing.

Maybank also supports under-served and vulnerable communities, strives to ensure inclusiveness and equal opportunities in the workplace and promotes ESG-compliant financing.

The Bloomberg Gender-Equality Index (GEI) has listed Maybank since 2016. In 2023, there are 484 companies on the Bloomberg GEI, including Maybank. These companies disclose gender-related data and have their gender inclusion progress tracked.

Using a company that cares about ESG gives you the peace of mind that your investment activities are making the world a better rather than a worse place.

 

6. Award-winning broker

Maybank Securities was named best broker in Southeast Asia for the 9th consecutive year in 2022 at the Alpha Southeast Asia FI Awards. That means they not only do what they do well, but they’re consistent at it.

They were also named Best Retail Broker at both the Alpha Southeast Asia FI Awards and the Global Business Outlook Awards.

As the latest flurry of banking collapses has shown, trusted companies can be here one day and gone the next. It’s very important to choose a bank and broker with a long track record of excellence that you know you can trust.

 

7. Bespoke relationship with our Trading Representatives

Need a hand? Maybank Securities’ Trading Representatives are here to help and support you. You can enjoy a bespoke relationship with your dedicated Trading Representative or the team, who’ll go the extra mile to solve your problems and help you succeed on your trading journey. Trading Representatives can also provide the market research and other information you need to execute your trades.

Good trading insights and customer support are what set great brokers apart from the masses, as these are the factors which can truly give you a competitive advantage as a trader.

 

8. Rewards programme and exclusive access

Trade and invest with Maybank Securities and earn points that you can redeem for a variety of products and services, including trade rebates, live prices, market depth, news subscriptions and more. Receive 1 point for every 5 SGD of commission paid.

You’ll also get invites to exclusive networking sessions and events, where you even get to speak to CEOs and CFOs of listed companies.

Some recent events include Marco Polo Marine and Yang Zi Jiang Financial Investors Relations talk, a Market Outlook 2023 overview, and a feng shui event before Chinese New Year 2023. As a Maybank Securities customer, there’ll be more exciting events to look forward to.

As a Maybank Securities client, you’ll also have access to Maybank mortgages and cards.

Ready to trade with one of the region’s most trusted brokers?

Open an account with Maybank Securities — it’s easy and can be done online.

Once your account is up, start trading with Maybank Securities right away.

Open an account today to receive 3 free trades* and for every 100th, 200th, 300th customer and more, we’ll add an extra 50 trades to your portfolio, making your investment journey more rewarding. So what are you waiting for? Start your investment journey with MSSG and experience the difference! Enter Promo Code “7G” at the Trading Representative field upon application to enjoy this offer. *Valid for new to securities customers only.  Terms and Conditions apply.

 

Terms & Conditions for 3 Free Trades Promotion 

1. Maybank Securities Pte. Ltd. (“Maybank Securities”) is conducting the 3 Free Trades Promotion 2023 (“Promotion”) commencing 26th May 2023 to 31st December 2023, both dates inclusive (“Promotional Period”). By participating in the Promotion, you agree to be bound by the Terms and Conditions of the Promotion and any such variation. 

2. All conditions of the “3 Free Trades” Promotion set out in these Terms and Conditions must be fulfilled within the Promotional Period. 

3. This Promotion is open to new clients (“New Client”) with no prior or pre-existing trading account/s with Maybank Securities Pte. Ltd. (“Maybank Securities”), who open, via My Info using Singpass, a Maybank Trade Cash / Margin / Prefunded account with Maybank Securities. 

4. This Promotion applies only individuals. The following persons are not eligible to participate in the Programme: 

5. Maybank Securities account holders whose accounts are or have been suspended, cancelled, terminated or closed; 

6. Corporate, institutional or joint account holders; 

7. Employees and trading representatives of Maybank Securities; 

8. An existing Maybank Securities client with a valid Maybank Trade Cash / Margin / Prefunded account or Maybank CFD or Maybank Forex account; and 

9. Customers who close their existing Maybank Trade Cash / Margin / Prefunded account (opened before the Promotional Period) and re-open a new Maybank Trade Cash / Margin / Prefunded account during the Promotional Period. 

10. The following requirements must be satisfied for the New Client to be eligible for this Promotion: 

11. The New Client successfully opens a Maybank Trade Cash / Margin / Prefunded account in his/her own name. For the avoidance of doubt, Maybank Securities has sole and absolute discretion to approve or reject any application without giving any reason, notice or assuming any liability to any person; 

12. The New Client meets all applicable Maybank Securities on-boarding requirements, including but not limited to KYC and AML requirements; 

13. The New Client maintains the Maybank Trade Cash / Margin / Prefunded account for a minimum period of 12 months 

14. The Promotion is valid for offline/online/mobile trades in equities trading only, executed in any market, via the New Client’s Maybank Trade Cash / Margin / Prefunded account. 

15. The Promotion is not valid for trades executed via Buy-ins, Central Provident Fund (CPF) and Supplementary Retirement Scheme (SRS) accounts. 

16. If the New Client fulfils all the conditions of the Promotion set out in these Terms, the New Client will be entitled to a rebate equivalent to the costs and fees chargeable by Maybank Securities for the first three (3) trades, capped at a maximum rebate of S$25 per trade in respect of trades executed through Maybank Trade Cash / Margin / Prefunded Accounts; (the “Rebates”) 

17. The Rebate excludes GST and other fees and charges. 

18. The first three (3) trades executed by the New Client via the Maybank Trade Cash / Margin / Prefunded account during the first 30 days of his/her account opening will be eligible for the Rebates. 

19. Each New Client will only be entitled to Rebates for a maximum of three (3) trades, regardless of the number of Maybank Trade Cash / Margin / Prefunded Account that he/she opens. In the event if there are more than one (1) new account opened, the account with the highest commission charged for the first three (3) trades within the next 30 days of his/her account opening will be eligible for the Rebates. 

20. The Rebates shall be paid into the New Client’s account in one lump sum within two (2) months following the end of the 30 days from his/her account opening. 

21. If any New Client participating in this Promotion closes his/her Maybank Securities Trading Account(s) at any time before the Rebates are paid into the account, the Rebates accrued will be forfeited. 

22. The 100th, 200th, 300th, 400th, 500th New Clients will be entitled to receive rebates equivalent to the costs and fees chargeable by Maybank Securities for a maximum of fifty (50) trades, instead of three (3) for all other New Clients, capped at: 

(i) a maximum rebate of S$40 per trade in respect of trades executed through Maybank Trade Cash or Margin or Prefunded Accounts, or $2000, whichever is lower. 

(the “Enhanced Rebates”) 

15. The Enhanced Rebates will be valid for 12 months from the day of allocation. 

By participating in this promotion, all clients are deemed to have granted Maybank Securities the right to: (i) disclose and/or publish (all of) their details including but not limited to their names and identification numbers to any party in any medium as the Bank may in its absolute discretion deem fit for any reason whatsoever; 

(ii) use, amend, modify, adapt, reproduce, publish any still or moving images of them that are taken 

in relation to the Promotion, for any promotional or marketing or commercial or any other purposes 

as the Bank may in its absolute discretion deem fit without any payment or compensation; and 

(iv) use their details and likenesses for promotional or marketing purposes. 

16. This Programme is not valid in conjunction with other Maybank Securities promotions, unless otherwise approved by Maybank Securities. 

17. By taking part of this promotion, you agree that you have consented for MSSG to collect, use and disclose your personal data to Maybank and its subsidiaries. You acknowledge that such disclosures may not be limited to organizations in Singapore and may be subject to data protection laws of other jurisdictions. 

18. Maybank Securities reserves the right to replace, exchange, vary or substitute the Rebates at its sole discretion without providing prior notice or reason and without any liability arising therefrom, in any respect, and to any person. No part of this Promotion, including these terms and conditions, may be read as an inducement or representation to any person, whether a client of Maybank Securities or otherwise. 

19. Maybank Securities, its related corporations, employees and/or independent contractors shall not be liable for any loss, injury, liability, expense or damage whatsoever or howsoever incurred or sustained by any New Client and/or any other person by reason of, arising from or in connection with the Promotion and/or of any service, product or facility of any Merchant(s)or any transactions that are processed late, incorrectly or lost due to computer or other electronic breakdown or malfunction or for any other reason related to the Promotion. 

20. Notwithstanding anything herein contained, Maybank Securities reserves the right at any time in its absolute discretion to (i) amend, add and/or delete any of these Terms and Conditions without prior notification (including eligibility and qualifying terms and criteria) to any person, and every participating Client shall be bound by such amendments, additions and/or deletions when effected, or (ii) vary, withdraw, suspend or cancel the Promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. 

21. Maybank Securities reserves the right, and has sole discretion, to prohibit any individual from participating in any aspect of the Promotion if Maybank Securities deems or suspects that such individual has engaged in or has attempted to engage in any of the following: a) acting in violation of these Promotion Terms and Conditions; b) damaging, tampering with or corrupting the operation of the Promotion; c) an activity deemed in the sole discretion of Maybank Securities to be generally inconsistent with the intended operation of the Promotion. 

22. If any New Client is discovered to be ineligible for the Promotion for any reason, Maybank Securities is entitled to at any time (i) forfeit, withdraw or withhold the Rebate at any time; or where the Rebates have been awarded and/or utilised (ii) reclaim and/or deduct the Rebate from the New Client’s account. In such an event, no person shall be entitled to any payment or compensation from Maybank Securities. 

23. In the event of any dispute with any New Client in connection with the Promotion, Maybank Securities shall have the sole and absolute discretion to decide whether to suspend, disqualify, reverse or otherwise deal with any transactions and/or actions taken pursuant to the Promotion. The decision of Maybank Securities on all matters relating to this Promotion shall be final and binding on all participants. No correspondence or appeal shall be entertained by Maybank Securities. 

24. Any decision by Maybank Securities relating to the Promotion shall be final, conclusive and binding on every New Client and every individual who applies to or purports to be a New Client. 

25. These terms and conditions shall be governed by laws of Singapore and the participants irrevocably submit to the exclusive jurisdiction of the courts of Singapore. A person who is not a party to any agreement governed by these terms and conditions shall have no right under the Contract (Right of Third Parties) Act (Cap 53B) to enforce any of these terms and conditions. 

26. By participating in the Promotion, clients and prospective client and New Clients consent to: (i) Maybank Securities collecting and using their personal data, including but not limited to their names, mobile numbers, and email addresses, (“Personal Data”) for the purposes of verifying their identity, assessing their eligibility for the Promotion, contacting them, and administering the Promotion (the “Purposes”); (ii) Maybank Securities disclosing their Personal Data to Maybank Securities’ third-party vendors and agencies for the same Purposes; (iii) the collection, use and disclosure of their Personal Data for other applicable purposes in accordance with Maybank Securities’ Data Protection Policy. 

27. These Terms and Conditions should be read in conjunction with the General Business Terms, Product Disclosures, and Risk Warnings available at https://www.maybank.com/investment-banking/sg/help_centre/terms_and_conditions/index.html. In the event of any inconsistency between these Terms and Conditions and any brochure, marketing or promotional material relating to the Promotion, these Terms and Conditions shall prevail. 

28. Maybank Securities, its affiliates, employees or agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered or borne, arising from this Promotion. 

29. The decision of Maybank Securities on any and all matters relating to or arising from this Promotion (including the eligibility of any client to participate in this Promotion) shall be absolute, final and binding on all parties. In the event of any inconsistency or conflict between these terms and conditions and those in any brochure, marketing or promotional material relating to the Promotion, these terms and conditions shall prevail.

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