I know about the 3X investment margin. I am asking about the settlement of the share.
From what I know, we have to complete the settlement after three days from the day we placed the order.

So, how to do the settlement? Is't directly deduct money from my Premier 1 account?

Thanks.

Hello, I've got a question regarding intraday trading using Maybank2u.

Normally I know the brokerage fee is 0.42% commission.
If I do intraday, can anyone confirm what % of brokerage fee it is? Is it 0.15%?

I thought it is 0.1% ?

I dunno, today did 2 rounds of intraday trade.. wishing to find out. If 0.1% is even better =)

Can anyone confirm whether it is 0.15% or 0.1% or others?

i thought is 0.1% also
btw regarding intraday, did u apply the special rate when u open the account?

I opened my account way back in 2006... so i'm not sure. I don't remember having an option back then, but I do realize that there is a discount for intra-day trades. Anyway I'll try to observe the results after the maybank online system has processed the report by tonight, and check against the online calculator. If it's 0.1% it'd really make my day =)

This post has been edited by chilaxis: Apr 15 2009, 10:28 PM

btw is 0.1% any minimum charges e.g. for 0.42% min 28?

how to open trade account? must go to their branch?

to open trade account u need to go to the maybank investment bank branch.. can't do it in normal maybank branch..

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Added on April 17, 2009, 11:13 ami've recently try using the online stock trading by maybank, may i know whetrher or not i can check my balance in my trading account from the maybank online stock trading?

This post has been edited by dabudin: Apr 17 2009, 11:13 AM

Nop, but you get you monthly transaction reports thru m2u which tell you what you have transacted and how much left
if you need real time balance, call your remesier, that is the only way

Yes, need to go to their investment branch. A bit troublesome!

Yes it will deduct directly from your Premier 1 Account. If you purchase amount is more than what is available in your Premier 1 account,you need to deposit extra money into ypur Premier 1 account by T3.

Hi! all experienced M2u sifus, need you help clarifying some questions.

I just got my accounts opened last week. And now I have two accounts, cash a/c (CSxxxx) and contra a/c (MJyyyy)

Q:
1. Does contra account come with margin facility by default? If yes, how much? If no, how to go about getting the margin facility?
2. (a) How do I pledge my FDs as a collateral for cash a/c and contra a/c?
(b) What is the facility available in each a/c upon pledging such FDs?

Thank you.

How can I withdraw money from my m2u.Premier account? I cannot do it online or through ATM.

Thank you so much... finally I got the answer... But I missed the chance to grab the share when the price is low.
I was worrying need to fork out more $$ to do the settlement because I put one lump sum into the Premier 1.
Okay, now is still not too late to know, i hope so.

Whats the charges for Maybank online trading for each stock transaction?

Any sifu here kindly help.

Thank you.

so which mean M2u will better than call to OSK and buy share ?

Whats the charges for Maybank online trading for each stock transaction?

Any sifu here kindly help.

Thank you.

Should be standard 0.42%.

no difference between cimb itrade and maybank2u trading?