Accounts & headline costs
Sections ↑Maybank Securities Singapore provides a broad multi-market brokerage through Maybank Trade web and mobile interfaces. The practical account choice is between ordinary cash settlement, prefunded dealing and margin financing; each changes when money or securities must be available and how a displayed limit should be interpreted.[1][4][3]
Account comparison01
Account and service routes at a glance
| Account or route | Customer scope | Headline condition |
|---|---|---|
| Cash account | Eligible Singapore retail clients | Ordinary settlement account; purchases require sufficient settlement funding by the due date.Source 1Source 7 |
| Prefunded account | Retail clients who fund before trading | Trading limit is tied to prefunded cash and custody; published operational notices distinguish it from cash and margin.Source 3 |
| Margin account | Approved clients | Borrowing and security-specific margin rules apply; displayed limits and positions can change.Source 3Source 4 |
| Demo access | Prospective users | Immediate demo credentials for platform research and navigation; no live execution.Source 2 |
Broker essentials02
Opening essentials
| Measure | Value | Context |
|---|---|---|
| Legal company | Maybank Securities Pte. Ltd. | Singapore incorporated; company registration 197201256N.Source 2Source 4 |
| MAS directory reference | FID 208 | Capital Markets Services licensee and Exempt Financial Adviser.Source 4 |
| Platforms | Maybank Trade web and SG mobile app | Live features require approved account and market access.Source 1Source 3 |
| Current tariff limitation | Market commission schedule not established from accessible current public pages | Confirm the signed tariff and live order preview before trading.Source 1Source 8 |
The account labels describe funding and credit mechanics rather than three different regulators. A prefunded balance can support trading without creating margin borrowing, while a margin account can show buying power that is not withdrawable cash.[3][4]
Products & platforms
Sections ↑Availability03
Products and what is actually held
| Product | Published access | Important boundary |
|---|---|---|
| Singapore and regional equities | SGX plus supported foreign exchanges | Market access, custody and settlement currency depend on the selected account.Source 1Source 3 |
| U.S., Hong Kong and other overseas shares | Multi-market dealing through Maybank Trade | Taxes, custody, foreign broker and FX costs can apply.Source 3 |
| Exchange-traded derivatives | Within MAS permission and separate account/product approval | Licence permission does not prove every contract is available to every retail account.Source 4 |
| OTC derivatives / leveraged FX | Within company licence scope | Requires separate agreements and suitability/permission; not inferred as standard cash-account access.Source 4 |
| Collective investment schemes | Distribution/dealing permission shown by MAS | Fund expenses and share-class conditions remain.Source 4 |
Platforms & products04
Platforms and tools
| Platform or tool | Verified capability | Boundary |
|---|---|---|
| Maybank Trade web | Order entry, portfolio, limits, research and e-statements | Operational notices show that displayed positions or limits can occasionally lag or be inaccurate.Source 1Source 3 |
| Maybank Trade SG app | Mobile portfolio and order access | Biometric and two-factor settings require current credentials/device configuration.Source 3 |
| Demo platform | US Knowledge Centre, Recognia, global research and market insight | Demo content is not live-account execution or advice.Source 2 |
| Trading Representative | Human service/dealing relationship | May assist with clarification or orders under applicable tariff; no guaranteed fill.Source 3Source 8 |
| API/copy service | No public retail API or native copy-trading service established | Institutional permissions in the MAS record do not create a retail API.Source 4Source 1 |
The MAS permission list is broader than the ordinary retail website. It establishes what the firm is licensed to conduct, not a promise that every client can trade every product without a separate account, disclosure and approval.[4]
Fees & holding costs
Sections ↑Pricing & charges05
Core charges
| Charge | Published amount | Scope or trigger |
|---|---|---|
| Market commission | Account/market/tariff specific | Use the current signed tariff and pre-trade order estimate; no unverified headline inserted.Source 1Source 8 |
| Paper monthly statement | S$10.90 per month including GST | Billed upfront at S$130.80 per account annually from 2 January 2025.Source 3 |
| E-statements | Digital delivery | Email notification when available; retain downloads for long-term records.Source 3 |
| Margin financing | Rate and debit-balance specific | Only approved margin accounts; rates and collateral requirements can change.Source 4Source 3 |
| Foreign-market charges | Market, custody, tax and FX specific | Not captured by one Singapore commission figure.Source 3 |
Pricing & charges06
Worked cost examples
Pricing & charges07
Other costs and continuing charges
| Item | Published treatment | Practical consequence |
|---|---|---|
| Foreign custody / corporate actions | Instrument and market specific | Check the applicable tariff and event notice.Source 3 |
| FX conversion | Account and settlement-currency specific | Currency movement and bank/broker spread can affect total cost.Source 3 |
| Market levies and taxes | Exchange/jurisdiction specific | Collected separately from broker commission where applicable.Source 3 |
| Margin shortfall / forced action | Risk-management terms apply | Liquidation costs and market loss can exceed the intended trade cost.Source 4Source 3 |
A clean comparison requires the market, account type, order channel, currency and custody route. Until the current tariff is inspected, a historical commission figure would create false precision.[1][8]
Execution & trading rules
Sections ↑Specifications08
Order handling and market access
| Rule or route | Published operation | Consequence |
|---|---|---|
| Online order | Submitted through Maybank Trade | Order status and market acknowledgement must be checked before repetition.Source 1Source 3 |
| Telephone / Trading Representative | Published fallback and service route | Availability, charge and execution price depend on the account and market.Source 3 |
| Cash account sale | Requires actual available custody holding | Displayed custody data can lag; verify with the Trading Representative when a notice flags an issue.Source 3 |
| Margin / prefunded order | Buying power follows current account data and risk rules | Stale limits in a display are not authority to exceed actual capacity.Source 3 |
| Overseas settlement | U.S./Canada securities moved to T+1 from May 2024 | Market-specific settlement and holidays remain.Source 3 |
Trading & service hours09
Sessions, settlement and order timing
| Situation | Published treatment | Boundary |
|---|---|---|
| Market session | Exchange-specific local hours and holidays | Maybank Trade acceptance outside session does not create execution.Source 3 |
| Scheduled maintenance | Published in the important-notices archive | Web/app can be unavailable or intermittently disconnected.Source 3 |
| Data incident | Portfolio, custody, contract or limit display can be delayed | Contact the Trading Representative before selling or relying on the figure.Source 3 |
| Two-factor authentication | Mandatory rollout for web/app access | Registered mobile/email must remain current.Source 3 |
The notice archive provides unusually concrete evidence about operational failure modes. It does not prove that the platform is generally unreliable; it establishes that a client should reconcile orders and holdings rather than assume a display is always final.[3]
Deposits, withdrawals & transfers
Sections ↑Transfer terms10
Funding and available cash
| Route | Published process | Restriction or timing |
|---|---|---|
| Cash settlement | Fund according to account instructions before due date | Unfunded purchases can trigger financing, rejection or forced action under terms.Source 7 |
| Prefunded account | Cash deposited before order capacity is made available | Displayed limit can be affected by maintenance or data issues.Source 3 |
| Margin account | Borrowing against eligible collateral | Interest, haircuts and calls apply.Source 4Source 3 |
| Foreign currency | Use supported settlement-currency or conversion route | FX conversion cost and timing are separate from securities settlement.Source 3 |
Transfer terms11
Withdrawals and transfers
| Action | Published process | What changes the timing |
|---|---|---|
| Cash withdrawal | Only settled and unrestricted account cash | Open orders, margin obligations and verification can reduce availability.Source 7 |
| Securities transfer | Market/custody forms and receiving-firm acceptance | Foreign assets and corporate actions can delay.Source 7 |
| Margin excess | Withdraw only after collateral and risk requirements | Displayed buying power is not automatically withdrawable cash.Source 3 |
| Account closure | Settle contracts, positions, charges and records first | Retain e-statements before access ends.Source 7Source 3 |
The Maybank Trade interface can show portfolio value, trading limit and custody balance, but those fields answer different questions. A client should confirm actual settled cash and holdings before a withdrawal or sale.[3]
Protection & regulation
Sections ↑Essentials12
Legal entity and authority evidence
| Measure | Value | Context |
|---|---|---|
| Contracting company | Maybank Securities Pte. Ltd. | Singapore incorporated; FID 208.Source 4Source 2 |
| CMS licence | Dealing in securities, CIS, exchange and OTC derivatives, leveraged FX; product financing and custody | Permission scope from MAS directory, last updated 28 July 2026.Source 4 |
| Exempt Financial Adviser | Advice permissions for listed product categories | Does not turn every online order into personal advice.Source 4 |
| Registered office | 50 North Canal Road #03-01, Singapore 059304 | MAS directory contact address.Source 4 |
Protections & eligibility13
Protection depends on the asset and account
| Arrangement | Relevant scope | What it does not cover |
|---|---|---|
| Custodied securities | Held under Singapore client-asset/custody arrangements | Does not protect against market loss or issuer failure.Source 4Source 7 |
| Cash at a bank | Deposit-insurance eligibility follows the actual bank/deposit and SDIC rules | Brokerage cash or foreign currency is not automatically insured.Source 10 |
| Margin borrowing | Collateral can be sold if requirements are not met | Regulation does not prevent losses beyond initial cash in leveraged products.Source 4 |
| MAS authorisation | Firm-level licensing and conduct framework | Not a guarantee of investment performance or uninterrupted service.Source 4 |
The MAS directory confirms a wide licence scope but no private per-client insurance policy was established. Product ownership, custody location and cash destination determine the relevant safeguard.[4][10]
Opening an account & support
Sections ↑Process14
Application and account administration
| Stage | Published requirement | Operational detail |
|---|---|---|
| Application | Digital account-opening portal | Identity, tax-residency and suitability information required.Source 6 |
| Account type | Select cash, prefunded or margin route | Margin requires separate approval and financial information.Source 1Source 3 |
| Security setup | Register mobile/email and two-factor authentication | Keep contact details current to avoid access disruption.Source 3 |
| Market access | Request/accept applicable exchange and product permissions | Licence scope does not automatically enable every market.Source 4Source 7 |
Verified service routes
Maybank Trade HelpdeskTelephone
Maybank Securities main lineTelephone
Trading RepresentativeWebsite
https://www.maybanktrade.com.sg/Source 3
Scope Account-specific dealing and custody clarification through assigned representative.
Account-opening portalWebsite
https://accountopening.maybank-securities.com.sg/Source 6Source 3
Scope Application and update-particulars route.
Process15
When the platform or device is unavailable
| Situation | Published route | Limitation |
|---|---|---|
| Web/app maintenance | Use published notice and Helpdesk/Trading Representative | Access can be unavailable during maintenance.Source 3 |
| Custody/limit appears wrong | Contact Trading Representative before placing a sell or relying on capacity | Notice archive documents this exact failure mode.Source 3 |
| Order status uncertain | Reconcile contract/order history and contact verified support | Do not duplicate solely because the display is delayed.Source 3 |
| Biometric login failure | Use credentials and reactivate biometric setting after access | Security recovery can delay trading.Source 3 |
Additional services
Sections ↑Reference table16
Additional services and account controls
| Service | Verified scope | Control or cost |
|---|---|---|
| Global research | Research and market insight in live/demo platform | Information is not a guaranteed recommendation.Source 2 |
| Recognia tools | Technical/market analysis features | Signals do not establish future performance.Source 2 |
| Trading Representative | Human service and order assistance | Tariff and authority depend on the account relationship.Source 3 |
| E-statements | Digital contract and account records | Paper subscription is optional and charged.Source 3 |
Reference table17
Records, currency and technical access
| Research point | Published outcome | Boundary |
|---|---|---|
| Statements and tax records | E-statements available online; paper subscription optional | Download records and confirm market-specific tax statements.Source 3 |
| Order counts/validity | Market/ticket specific; no universal public maximum established | Check open orders and exchange status.Source 1 |
| Device persistence | Orders accepted by the system/market can remain after app closure | Verify before re-entry.Source 3 |
| Security recovery / withdrawal hold | 2FA and registered-contact controls documented | No universal fixed withdrawal hold established.Source 3 |
| Currency handling | Foreign-market settlement and FX are account-specific | Do not infer automatic conversion price.Source 3 |
| API / AI authority | No public retail API or autonomous AI authority established | Research tools do not place orders without instruction.Source 2Source 1 |
Company background & evidence
Sections ↑Entities & regulation18
Company identity and evidence
| Item | Current evidence | Interpretation |
|---|---|---|
| Legal identity | Maybank Securities Pte. Ltd.; Co Reg 197201256N | Use the Singapore company for this profile.Source 2Source 4 |
| Regulatory evidence | MAS FID 208, Capital Markets Services Licensee | Permissions listed by MAS on 28 July 2026.Source 4 |
| Brand history | Maybank Trade succeeds earlier KE Trade branding | Legacy notices explain operations but do not create a different current legal entity.Source 3Source 1 |
| Evidence limitation | Current comprehensive retail commission table not retrieved | No historical tariff substituted.Source 1Source 8 |
Maybank’s brand and platform history matters mainly when reading old operational notices. The current account should be matched to Maybank Securities Pte. Ltd. and the latest signed tariff, not to an archived KE Trade marketing price.[4][3]
- Headquarters
- Singapore
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Maybank Securities Pte. Ltd.
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Monetary Authority of SingaporeFID 208 | Authorised | Checked 15 Oct 2026Capital Markets Services licensee with the activities shown in the MAS directory; FID is the directory reference.Source 4 |
Additional Information
Sections ↑Sources & further reading
- Maybank Trade online securities platform Maybank Securities Singapore · Accessed 15 Oct 2026
- Maybank Trade demo and research features Maybank Securities Singapore · Accessed 15 Oct 2026
- Operational, maintenance, security and market notices Maybank Securities Singapore · Accessed 15 Oct 2026
- Maybank Securities Pte. Ltd. licence and activities Monetary Authority of Singapore · Accessed 15 Oct 2026
- Singapore retail brokerage and contact information Maybank Securities · Accessed 15 Oct 2026
- Maybank Securities Singapore account opening Maybank Securities Singapore · Accessed 15 Oct 2026
- Maybank Trade help centre and account administration Maybank Securities Singapore · Accessed 15 Oct 2026
- Maybank Securities Singapore contact routes Maybank Securities · Accessed 15 Oct 2026
- CDP securities-account and settlement framework Singapore Exchange · Accessed 15 Oct 2026
- Singapore Deposit Insurance Scheme coverage Singapore Deposit Insurance Corporation · Accessed 15 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.