I went to Maybank share invest centre yesterday and asked a few questions:

1) need to open 2 accounts, one CDS and one trading

2) accounts have no monthly fee, but will be deactivated if left dormant for 3 months, but can always reactivate

3) fees are... if we buy online ourselves its 0.4% and if we call in it's 0.7%

Now, i have a question.. is it true that with the trading acc we open with Maybank, we can't buy IPO?? what is a nominee account?