Accounts & headline costs
Sections ↑The cash account is the base product here. Global access extends the markets available; it does not turn the account into a different advertised commission tier. The bank, brokerage and nominee records perform different functions.[3][4]
Reference table01
Cash relationship and global extension
| Attribute | Share Trading Cash Account | Global facility |
|---|---|---|
| Purpose | Bursa share purchases using own funds | Approved overseas securities dealingSource 2Source 4 |
| Opening route | Maybank2u or MAE application | Enable Global Market and submit the declarationSource 1Source 4 |
| Funding model | Cash upfront; 1.0× cash multiplier | Approved global limit and trust balanceSource 2Source 5 |
| Quoted domestic brokerage | 0.10%; minimum RM8 | Domestic rate is not an overseas tariffSource 1Source 2 |
| Account limitation | Conventional, non-margin | IB Islamic and margin accounts excludedSource 3Source 5 |
Reference table02
Application and ownership
| Item | Published terms and practical effect |
|---|---|
| Age | 18–65; applicants aged 18–21 supply additional source-of-funds evidence.Source 1 |
| Existing customer | Maybank2u access is required for that application route.Source 1 |
| New bank customer | Complete branch verification within 14 calendar days.Source 1 |
| Documents | Upload salary evidence within 14 calendar days; incomplete onboarding can close the account, with reactivation only after six months.Source 1 |
| Foreign applicants | May apply with supporting documents and approval; face-to-face checks can be required.Source 3 |
| Activation | Wait for the account-activation email. A submitted application is not trading approval.Source 3 |
| Depository holding | Nominee CDS, rather than personal direct CDS.Source 3 |
| IPO and employee options | This nominee cash product cannot subscribe to IPO/eIPO or ESOS.Source 1 |
Products & platforms
Sections ↑Reference table03
Markets and interfaces
| Item | Published terms and practical effect |
|---|---|
| Domestic | Bursa Malaysia shares under the cash account.Source 2 |
| International | The app promotes Singapore, Hong Kong and US exchanges after global activation.Source 4 |
| Login choice | Use the Maybank2u or Powerbroking2u route matching the existing account.Source 5 |
| Account views | Local and global balances are separately displayed; they should not be treated as one unrestricted cash pool.Source 5 |
| Research tools | Watchlists, price alerts and market insights are provided. They are not evidence of autonomous trading authority.Source 4 |
Fees & holding costs
Sections ↑Reference table04
Domestic published charges
| Item | Published terms and practical effect |
|---|---|
| Brokerage | Higher of 0.10% or RM8 per transaction.Source 1Source 2 |
| Clearing | 0.03%; maximum RM1,000 per contract, with no minimum stated.Source 1Source 2 |
| CDS opening | RM10 plus RM0.80 SST: RM10.80 total.Source 1Source 2 |
| Share withdrawal | RM20 per counter in the PDS; this is a securities-transfer item, not a quoted cash-withdrawal charge.Source 2 |
| Excess penalty | PDS: additional 1% on the whole excess. No charging frequency is defined; do not annualise it.Source 2 |
| Cash interest | Unused eligible settlement cash earns the prevailing bank rate; no fixed yield is asserted here.Source 2 |
Reference table05
Tariff qualifications
| Item | Published terms and practical effect |
|---|---|
| Share stamp duty | RM1 per RM1,000 or part, per current Bursa guidance. The linked PDS’s RM1.50 rate is superseded; both broker sources state a RM1,000 cap. Product exemptions remain separate.Source 10Source 11Source 2Source 1 |
| International tariff | The domestic minimum is not an all-market promise. Obtain the relevant overseas brokerage, custody, currency-conversion and market-charge schedule.Source 4Source 2 |
| Headline versus total cost | Brokerage is only one component; the disclosed clearing, stamp-duty and applicable service-tax items remain separate.Source 1Source 2 |
Bursa Malaysia’s current transaction-cost guidance lists stamp duty on shares/stock at RM1 for each RM1,000 of transaction value or part thereof, payable by buyer and seller. Malaysia’s Ministry of Finance records the reduction from 0.15% to 0.10% effective 13 July 2023. The older linked PDS’s RM1.50 rate should therefore not be used as the current ordinary-share rate. Product exemptions and the applicable cap remain separate conditions.[10][11]
Execution & trading rules
Sections ↑Reference table06
Order and settlement controls
| Item | Published terms and practical effect |
|---|---|
| Domestic settlement | Full settlement by T+2; unpaid positions can be force-sold on T+3.Source 2 |
| Set-off | The PDS allows group-account credit balances to be set against outstanding losses or obligations.Source 2 |
| Protective order | Stop-limit: local trades only; not a guaranteed exit.Source 5 |
| Global changes | Only unmatched orders can be amended or cancelled.Source 5 |
| Global contra | Not available.Source 5 |
| Delayed foreign quotes | SGX 10 minutes; HKEX/Nasdaq 15; NYSE/Arca 20.Source 5 |
Deposits, withdrawals & transfers
Sections ↑Reference table07
Cash and currency handling
| Item | Published terms and practical effect |
|---|---|
| Account architecture | A settlement bank account, share-trading account and nominee CDS are opened; a bank current/savings account facilitates withdrawal.Source 3 |
| Base-product withdrawal | The cash-account FAQ describes transfer through Online Stocks or the app to a Maybank current/savings account.Source 3 |
| Third-party deposits | Not permitted.Source 5 |
| Deposit windows | EIC: 07:30–20:00 daily; IB/Power: 08:00–22:00 working weekdays.Source 5 |
| After cutoff | Next working-day processing; bank checks still apply.Source 5 |
| Overseas currency | Choose MYR or traded currency on the ticket.Source 5 |
| Global purchasing power | Ask the dealer to activate the appropriate balance/limit.Source 5 |
Protection & regulation
Sections ↑Reference table08
Identity, custody and redress
| Item | Published terms and practical effect |
|---|---|
| Securities entity | The PDS is issued by Maybank Investment Bank Berhad. The bank Cash Trade account is a different product from the securities investment.Source 2Source 3 |
| Register check | Search the exact investment-bank company in the SC public records and check permission scope. A firm-specific record was not independently recovered for this review.Source 6 |
| Deposit protection | The website expressly limits its PIDM statement to the Maybank2u Cash Trade account. Eligible deposits are aggregated under the applicable member-bank limit, not insured per trading position.Source 1Source 9 |
| Investment loss | Shares are not protected against market losses by deposit insurance.Source 2Source 9 |
| Specific exclusion | The PDS contains a registered-person compensation-fund exclusion and a bank-complaint route; do not imply blanket compensation-fund entitlement.Source 2 |
| External dispute route | FMOS considers eligible member disputes involving direct financial loss up to RM250,000; ordinary pricing decisions and other exclusions apply.Source 7 |
| Complaint sequence | Complain to the provider first. FMOS generally requires referral within six months of its final decision, or after 60 days without a response.Source 8 |
Opening an account & support
Sections ↑Reference table09
Access and recovery
| Item | Published terms and practical effect |
|---|---|
| Equities helpdesk | 1300 22 3888; [email protected]. Monday–Friday 08:30–17:30, excluding public holidays.Source 3 |
| Bank-account enquiries | Maybank Group Customer Care: 1-300-88-6688. This is distinct from the equities helpdesk.Source 3 |
| Online Stocks inactivity | No login for over one year: access deactivation.Source 5 |
| Powerbroking2u inactivity | One month: suspension; password expires every three months.Source 5 |
| Device control | Three registered devices, one active session.Source 5 |
| Authentication | Biometric login alone cannot execute orders.Source 5 |
| Recovery limitation | Use the relevant helpdesk for access/PIN issues. No guaranteed emergency order acceptance or outage fee waiver was established.Source 3Source 5 |
Additional services
Sections ↑Reference table10
Records and service boundaries
| Item | Published terms and practical effect |
|---|---|
| Order history | 30 calendar days in the app.Source 5 |
| Payment history | Three months; request older records from helpdesk.Source 5 |
| Research and alerts | App tutorials cover market information and alerts; these do not establish a public trading API, copy service or managed mandate.Source 4 |
| Long-term records | Retain contract and payment records outside the short app windows; no complete post-closure export entitlement was established in the reviewed material.Source 5 |
Company background & evidence
Sections ↑Maybank Trade MY is a Malaysian interface serving different account routes. This profile does not apply Malaysian cash-account terms to other Maybank countries, institutional services or separate margin products. Linked documents retain their original dates; the fee discrepancy above remains explicit. No account, deposit, withdrawal or support interaction was performed.[3][2][4]
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Maybank Investment Bank Berhad
No separate licence entry is recorded in this panel.
Sources & further reading
- Share Trading Cash Account: eligibility, application and charges Maybank Trade Malaysia · Accessed 13 Oct 2026
- Share Trading Cash Account PDS: 16 December 2025 Maybank Trade Malaysia · Accessed 13 Oct 2026
- Cash account FAQ and account relationships Maybank Trade Malaysia · Accessed 13 Oct 2026
- Maybank Trade MY platform and global activation Maybank Trade Malaysia · Accessed 13 Oct 2026
- Maybank Trade MY operational FAQ Maybank Trade Malaysia · Accessed 13 Oct 2026
- Licensed and registered persons: official verification route Securities Commission Malaysia · Accessed 13 Oct 2026
- FMOS: jurisdiction and exclusions Financial Markets Ombudsman Service · Accessed 13 Oct 2026
- Submitting a complaint to FMOS Financial Markets Ombudsman Service · Accessed 13 Oct 2026
- Deposit insurance: coverage and eligible trust accounts PIDM · Accessed 13 Oct 2026
- Bursa Malaysia transaction costs: shares stamp-duty rate Bursa Malaysia · Accessed 15 Oct 2026
- Economic Outlook 2024: stamp-duty reduction effective 13 July 2023 Ministry of Finance Malaysia · 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.