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 Trading stock via maybank2u, let discuss

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ShinG3e
post May 2 2015, 11:30 PM

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QUOTE(stockerzzz @ May 2 2015, 11:20 PM)
hi guys,

i have been using M2u stock trading platform for quite a while.
I have been debited for some cash amout and the details is MG153197.
if it is dividend, the details should be DIV/INT. and i had check the stock that i had own, none is having some special announcement.
Did anyone know what is this cash amount for? i havent called to maybank to ask yet, because i am oversea right now.
*
sounds like interest for balance in acc
felixmask
post May 3 2015, 10:42 AM

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QUOTE(stockerzzz @ May 2 2015, 11:20 PM)
hi guys,

i have been using M2u stock trading platform for quite a while.
I have been debited for some cash amout and the details is MG153197.
if it is dividend, the details should be DIV/INT. and i had check the stock that i had own, none is having some special announcement.
Did anyone know what is this cash amount for? i havent called to maybank to ask yet, because i am oversea right now.
*
Not mistaken every two month, they will calc the interest mostly end of the month.
stockerzzz
post May 3 2015, 11:09 AM

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QUOTE(ShinG3e @ May 2 2015, 11:30 PM)
sounds like interest for balance in acc
*
QUOTE(felixmask @ May 3 2015, 10:42 AM)
Not mistaken every two month, they will calc the interest mostly end of the month.
*
I think it shouldn't be because there is another details that is called Interest Payment. So, that one should be related to the balance in the account. As for MG153197, really had no idea what it is.
wodenus
post May 3 2015, 01:20 PM

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QUOTE(stockerzzz @ May 2 2015, 11:20 PM)
hi guys,

i have been using M2u stock trading platform for quite a while.
I have been debited for some cash amout and the details is MG153197.
if it is dividend, the details should be DIV/INT. and i had check the stock that i had own, none is having some special announcement.
Did anyone know what is this cash amount for? i havent called to maybank to ask yet, because i am oversea right now.
*
Email your broker and ask?

This post has been edited by wodenus: May 3 2015, 01:53 PM
Omgf
post May 4 2015, 11:53 PM

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Product Type : D006 - MI Cash Direct Tempatan
A/C Status : Activated for Trading
Account Type : Normal
Trading Status : Active for Trade
Nominees Code : DCDST

Guys, what account is this?
Normal or margin?
Scared will be Margin account.......

backspace66
post May 5 2015, 08:40 AM

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QUOTE(stockerzzz @ May 3 2015, 11:09 AM)
I think it shouldn't be because there is another details that is called Interest Payment. So, that one should be related to the balance in the account. As for MG153197, really had no idea what it is.
*
i also have an unknown transaction similar to that, but the code is different but still starting with MG, it is not significant, just a few thousand ringgit, but i am still curious. I have emailed them to seek some clarification
ivolusion
post May 5 2015, 08:52 AM

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QUOTE(Omgf @ May 4 2015, 11:53 PM)
Product Type : D006 - MI Cash Direct Tempatan
A/C Status : Activated for Trading
Account Type : Normal
Trading Status : Active for Trade
Nominees Code : DCDST

Guys, what account is this?
Normal or margin?
Scared will be Margin account.......
*
Cash direct account.
Non margin.
Omgf
post May 5 2015, 09:30 AM

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QUOTE(ivolusion @ May 5 2015, 08:52 AM)
Cash direct account.
Non margin.
*
Thanks alot!

backspace66
post May 5 2015, 10:26 AM

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got my answer already, MG is for contra transaction gain, a bit weird since mine is a normal cash account.

This post has been edited by backspace66: May 5 2015, 10:29 AM
sahamniaga
post May 5 2015, 11:35 AM

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QUOTE(backspace66 @ May 5 2015, 10:26 AM)
got my answer already, MG is for contra transaction gain, a bit weird since mine is a normal cash account.
*
Yes, that's right, since you sold your purchases before T+3.
are89
post May 9 2015, 12:19 AM

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Hi all,
newly hatched "anak ayam" here.. great to see you guys investing thru maybank.
for those who just opened CDS account, please take note that below is the different type of cds account. Frankly, I am still confusing which type cds account that I've just opened today at KCCCI,Kuantan. Someone told only nominee cds will be opened there, but I found below pic explained how to differentiate which cds that I signed for. Take a look below pic.

user posted image

Well, I've just signed for a :Direct CDS acoount" ... lol... bcoz I signed :
1-Bursa CDS opening form
2-e-Dividend form
3-Personal detail updating form
4-Trading account opening form

& the special part is 0.1% brokerage fee (min rm8) thru online rclxm9.gif

Credit to : Finance Malaysia Blogspot

This post has been edited by are89: May 9 2015, 12:22 AM
joshng
post Jul 11 2015, 06:48 PM

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Hi, im a newbie to stocks. I used Safari to login to the maybank online stocks. Bought some shares, the orders matched and I can view it in my portfolio. But somehow the money has not yet been deducted from my Premier 1 account yet (it has been T+4 days already).

Wonder whether this is because i am using Mac? what should i do now?
CAFE21
post Jul 11 2015, 10:01 PM

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QUOTE(joshng @ Jul 11 2015, 06:48 PM)
Hi, im a newbie to stocks. I used Safari to login to the maybank online stocks. Bought some shares, the orders matched and I can view it in my portfolio. But somehow the money has not yet been deducted from my Premier 1 account yet (it has been T+4 days already).

Wonder whether this is because i am using Mac? what should i do now?
*
Try to check back on Mon. Should be deducted by then.
felixmask
post Jul 11 2015, 11:18 PM

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QUOTE(joshng @ Jul 11 2015, 06:48 PM)
Hi, im a newbie to stocks. I used Safari to login to the maybank online stocks. Bought some shares, the orders matched and I can view it in my portfolio. But somehow the money has not yet been deducted from my Premier 1 account yet (it has been T+4 days already).

Wonder whether this is because i am using Mac? what should i do now?
*
Dont worry; after the day match, the next day count 1st day. Only working day count..weekend not working day.


www.slideshare.net/mobile/MohamadOthman3/maybankinvest
joshng
post Jul 12 2015, 03:34 PM

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Thanks guys. Want to ask another question, how do they count the final amount that I need to pay? What are the charges involved? When I opened my account, I was told that the charges are :
1) Stamp duty - RM1 for every RM1000
2) Clearing fee - 0.03% of total amount
3) Brokerage fee - 0.1% or RM 8 minimum

However, the final sum I had to pay was less than what I mentioned above. I figured I must have understood things wrongly. Can someone enlighten me?

felixmask
post Jul 13 2015, 11:23 AM

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QUOTE(joshng @ Jul 12 2015, 03:34 PM)
Thanks guys. Want to ask another question, how do they count the final amount that I need to pay? What are the charges involved? When I opened my account, I was told that the charges are :
1) Stamp duty - RM1 for every RM1000
2) Clearing fee - 0.03% of total amount
3) Brokerage fee - 0.1% or RM 8 minimum

However, the final sum I had to pay was less than what I mentioned above. I figured I must have understood things wrongly. Can someone enlighten me?
*
http://1-million-dollar-blog.com/how-to-ca...market-trading/


You can google...
FlyingJoy
post Jul 28 2015, 12:37 AM

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QUOTE(felixmask @ Apr 24 2015, 01:14 PM)
they have both:
You go to maybank investment is direct
You go to Maybank share investment is nominee

both are different company - and cant do opposite cds type.
*
Hi Sifu,

Please guide me how to check on the Maybank statement on the CDS typr is either Direct or Nominee?

The account is mentioned SMF Margin A/C? and Trading/CDS account: name.... never indicate Direct or Nominee "wording"

the account got CMxxxx and MTxxxx.... Not sure which account is cash account and margin contra account...

By the way, i am newbie too in share trading too.....

Massive thanks to all Sifu here....

CAFE21
post Jul 30 2015, 03:12 PM

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Maybank stock trading website user interface has changed?
This morming log on to their site and notice their total revamp.
All my favorite kept sudah hilang.
Is it bcos i update to windows 10?
will4848
post Jul 31 2015, 03:01 PM

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i already install window 10.... now cannot use maybank online trading sad.gif

how ?
aburex
post Aug 4 2015, 09:06 AM

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QUOTE(will4848 @ Jul 31 2015, 03:01 PM)
i already install window 10.... now cannot use maybank online trading  sad.gif

how ?
*
Temporary workaround.. use the mobile Android/IOS app.

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