Yours is the RM 8/0.10% or RM 24/0.42% brokerage account?

You can call your broker to ask for update

@Ziet Inv, want to get your opinion.

I have a Direct CDS Account with Maybank Investment Bank because I initially thought the fee was RM8/0.1%, but instead it was RM28/0.42%. And Based on your previous reply (between MBB IB and MBB IEC, as well only 1 Direct CDS account), do you might know how to retain that Direct CDS Account but get the lowest fee?

I think a lot of people misunderstood that fee because they read from non-Maybank site. When I talk to my remiser, she told me that the fees published in sites are not Maybank's, and even she couldnt find from Maybank sites that listed out the fees. The best that she could do is Acc Mgmt to reduce it but I have to be regular trader (which I dont think I am)

How do i check if my account if direct CDS?

is m2u stock platform stuck at the moment?

yesss... so irritating.... better change platform

RM28 is likely collateralised account.
If use pure cash, it's RM12 min.

Damn stuck at this critical moment. Any platform recommend?

Thinking abt Rakuten / M+ .... I wonder if we Q at 1.2 this morning and the price jumped to 1.4 and now the current price is 0.9, will it matched everything after the MBB system are ok.... Damn I want to cancel.....

Ya very frustrating that can’t cancel at all now. The queue price edy not applicable.

my remiser just inform that any order place between 8AM - 11AM this morning is voided....

I queued Penta at 4.91 at 9.42am.. They tell me its voided at 2.12pm.. This is non-sense. Is this a conspiracy?

mine are still pending though

why maybank still uses internet explorer for their trading platform?
Do they know microsoft has discontinued the service no more security updates for it

Their platform is still relying on ActiveX for full capability.
I notice that if i use other browser it has limited features.

anybody using maybank's global trading? is the transaction fee high or low compared to others ? if i'm not wrong it's 25USD

This post has been edited by phas3r: Nov 16 2020, 05:24 PM

Anyone encounter this before?
My premier 1 account received rm50 from an unknown person LOL

Probably dividend payment from some company you are holding which you have forgotten about

Tried until I gave up. Still only IE works for me.
Otherwise, use the trading app - surprisingly quite ok (not laggy) to make trades, but don't expect anything extra.

i think there's a lot of applications right now.
i applied first week august, everything ready and able to trade on final week of Sept - so around 7-8 weeks.

i did send "friendly" greetings/reminders to the person in charge every week lol...

This post has been edited by purple.rabbit: Nov 20 2020, 01:51 AM

Sorry did not see your reply since I'm not tagged.

I guess yggdrasil answered your question already.

It depends whether its
1. Maybank Investment Bank
or
2. Maybank (Equity Investment Branch)

Yours is 1., hence the RM 28 or 0.42% fee.

The only way to reduce the fee is to:
1. Trade frequently, in high amount
2. Refer to 1., then apply with your remisier

Since you are not frequent trader (like me, invest like once a month), then i strongly suggest you to terminate the account and reapply at Maybank (EIC).

I been through that, and thank lord the RM 10 (or 12) minimum is a savior.

Never looked back!

Hope this helps you, or anyone else reading this in the future.

Cheers