There are at least 3 types of A/C in Maybank. (
1. Normal ( You can use it to apply IPO) ,
2.Margin ( you get loan from the bank to buy more share but this is a nominee A/C ),
3.The special Prepaid nominee A?C where you are charge only 0.1 % per transaction
As you can see only the first one can be used to apply IPO.
To me Maybank online system is just OK but not great. Why you may like it is that the brokerage charge is low.
I preffer OSK to HLB, Maybank, Jupiter and CIMB ( sorry I never use Public Bank)
I think if you are just starting and not going to tread heavily ( more than 4 transactions a day and value below 20K) the broker and the rate don't really matter.
so does it mean for small timer ( aka newcomer ) any bank would be good for online transaction?