You have the choice to trade electronically via our Maybank Forex trading platform or to call the Execution Trading Desk at (65) When should I call the Execution Trading Desk? All Maybank Securities clients are encouraged to call the Execution Desk in the following situations WebMaybank Forex allows you to trade without incurring commission or brokerage charges. You will not be charged Goods and Services Tax (GST) WebStep 1: Login to Maybank Trade. Step 2: Click on the Personal Configuration icon. Step 3: Click on the 2FA tab. Step 4: Click on the "Register" button and you will be directed to WebStockbroking Helpdesk. For stockbroking enquiries, please contact or + (overseas). Available from a.m. to p.m. on Bursa trading days WebPlatforms. Currenex; Advanced Charting Tools; FX Top Stories and Currency Alerts; Mobile Trading Capabilities; Accounts. Deposit and Withdrawal; Bank Details for ... read more
The trading application comes with mobile apps for iPhones and Android phones for seamless trading between devices when you are on the go. Maybank Securities Pte Ltd holds a Capital Markets Services Licence issued by the Monetary Authority of Singapore. HOME Product Platform Account Insights Why Us Contact Us FAQs Institutional Open Live Account Open Demo Account.
Open Live Account Open Demo Account. Trading Platform. Maybank Forex SG Maybank Forex SG is the White-Label platform of Currenex who is a market-leading technology provider offering the FX community high-performance technology. Get a free demo account now and experience it yourself. Chart Types — 12 Trend — 24 Volatility — 10 Momentum — 8 Linear — 8 Oscillators — 16 Custom — FX Top Stories and Currency Alerts Updated FX top stories and currency alerts streaming through the trading application to equip you with the information you need to make prompt decisions and manage your currency exposures.
Mobile Trading Capabilities The trading application comes with mobile apps for iPhones and Android phones for seamless trading between devices when you are on the go. Start Trading Now. Your Name Leveraged FX Trading Account Number Withdrawal Amount Bank Name and Bank Account Number for bank transfer. Trading Platform Currenex Currenex is a market-leading technology provider offering the FX community high-performance technology. We partner with Currenex to provide you with stable access performance levels during volatile market conditions.
With many significant market liquidity sources connected to the venue, we are able to provide you a premium source for FX liquidity. Get a free demo account now and experience it yourself. Advanced Charting Tools The trading application comes installed with many advanced charting tools to suit your different trading styles. Chart Types — 12 Trend — 24 Volatility — 10 Momentum — 8 Linear — 8 Oscillators — 16 Custom — 13 You can even configure to view single or multiple charts. All charts setting can be saved as templates for later use by loading the desired template you have saved in the library.
FX Top Stories and Currency Alerts Updated FX top stories and currency alerts streaming through the trading application to equip you with the information you need to make prompt decisions and manage your currency exposures. Product What is Leveraged Forex trading? Leveraged Forex is used for trading on market movements by comparing the strength of a currency relative to another. This involves the simultaneous buying and selling of a pair of currencies on margin. Margin refers to a percentage of the contract size that needs to be deposited to open a position.
With leverage, you can take positions larger than the funded balance in your account. However, leverage can either magnify profit or loss. Why do traders trade Forex? It is likely due to the highly liquid nature of the Forex market open 24 hours a day and huge trading volume. How does one trade on a currency pair? Scenario 1: An hour later, the price moves to 1. What are the trading hours of Leveraged Forex market? The Foreign Exchange market is unique from other financial markets as trading is available hours a day excluding weekends.
Our market hours are as follows: 5. What is rollover interest? Rollover is a process whereby the settlement of the contract is rolled forward to the next value date.
Rollover interest will either be credited or debited dependent on the currency pair and direction taken. You are required to add an additional hour to 5am Singapore Time approximately from November to March. This three-day adjustment covers settlement of trades over the weekend period. Is there an expiry date for Leveraged Forex contracts?
There is no expiry date for spot Leveraged Forex. Clients with open positions can hold them indefinitely, provided they have sufficient margins in their accounts to finance the position s.
What is the minimum contract size for trading Leveraged Forex? The minimum contract size is one micro contract units. What are the currencies that offered by Maybank Forex and their respective margins offered? Maybank Forex offers 46 currencies pairs for trading, and margin required is dependent on each currency pair.
What is the spread quoted by Maybank Forex? Spreads are subject to variation, especially in volatile market conditions. Maybank Forex does not charge any further commission other than the platform spreads. A Limit order sets the price at which the trader is willing to buy or sell at.
Accordingly, while a price of Buy Limit order should be lower than the market price, a price of Sell Limit order should be higher than the market price. There is no guarantee that the order will be triggered at a specified price or better if the price of a currency pair rises or falls rapdily after major news or when the market reopens after a weekend.
Stop Order A Stop order is a risk management order type which trades use to limit their losses or protect their existing position. It can be use to initiate a new position. A Sell Stop is usually placed below the current market price while a Buy Stop is usually placed above the current market price.
In addition to risk management purpose, some traders use Stop orders to trade on market breaks. There is no guarantee that loss will be limited if the price of a currency pair rises or falls rapdily after major news or when the market reopens after a weekend. GTC Order Good-till-cancel A Good-till-cancel GTC order will remain active until the trader decides to cancel it. NOTE: Clients will not be able to withdraw or amend GTC order submitted through Maybank Forex trading platform over the weekend.
How do I place my orders or trade? You have the choice to trade electronically via our Maybank Forex trading platform or to call the Execution Trading Desk at 65 When should I call the Execution Trading Desk?
All Maybank Securities clients are encouraged to call the Execution Desk in the following situations: There is no immediate access to the Internet When there is an Internet failure or if you are unable to connect to the Maybank Securities Forex Trading Terminal.
Can I partially close out my K position? Yes, you can amend the order size on your close out ticket. Margin What is Margin? Margin is the equivalent of a good faith's deposit placed by the parties to a contract. This is to demonstrate the commitment to the contract entered into by the customer. Maybank Forex may set a higher margin requirement from time to time. Trading with Margin creates a "leverage effect" that allows an investor to use a small amount of money to make an investment of greater value, so that a small price change can result in relatively larger profits or losses.
What is Maybank Forex Margin Call and Autoliquidation policy? As Leveraged Forex is a margin based product, all clients are advised to monitor their positions closely and take action where necessary. Margin Call In a situation where Margin Available becomes zero, a margin call warning pop out screen would appear on your platform alongside with a margin call email. Auto-liquidation If a margin call is faced consecutively for two business days, closure of all positions would take place on the the second day after 5.
This is so, even if it's within the two consecutive margin call days. How would I know if I have a Margin Call? Once the Equity Balance falls below the maintenance margin level, a notification will be issued to clients to top up their funds, so as to return the Equity Balance to the Initial Margin level. The Margin Call notification will usually be made by email. Please ensure that your contact details are updated at all time to avoid any miscommunication.
What should I do if I have a Margin Call? To meet the call, you can either top-up your account back to the initial margin level or liquidate sufficient open positions to bring the initial margin level below the equity balance of your account.
How much time do I have to top-up for my Margin Call? You are required to top up your account once you are notified of a margin call immediately. Can I trade when I have an outstanding Margin Call?
We're here to help you, contact us with your enquiry and we'll get back to you soon. Trading Tools Home. Help Centre. Trading Tools. Trading Tools Maybank Forex. Setting up System Requirement What are the recommended system requirements for Internet trading? Minimum Configuration Hardware 2 GB Memory 2GHz, 32bit, Duel Core XVGA Graphics Card capable of at least x resolution Sound Card Software Windows 7 or 8 32 bits Microsoft Internet Explorer Account Opening an account How do I open a Maybank Forex account?
You may apply for an account online, by mail or in person at any of our Customer Service Centres. Click here to open an account online now! What documents do I need to open a Maybank Forex account? You will be required to complete the forms below and read through the terms and conditions prior to opening a Maybank Forex account. There is no minimum deposit required to open an account with us. However, you need to have sufficient free equity in your account to trade 1 micro lot 1, unit which is the smallest tradable size.
How do I open a Maybank Forex corporate account? Alternatively, you may visit our Customer Service Centres to open a trading account. Below is the list of additional supporting documents required when opening a Corporate account. Local incorporated companies can have their documents certified by 2 Directors or 1 Director and Company Secretary, if RCB search is done by Maybank Securities. Name of the person certifying should be affixed.
Name of person certifying should be affixed. User ID and Password How do I change my password after logging in? To change your password, complete the following steps: Select "File" at the top left hand side of the screen after you have logged in Select "Change Password" Enter your current password followed by your new password. For security reasons, it is advisable to: Change your password on a regular basis Create a strong password case-sensitive, combination of alphabets and numerals Note: your password should be known only to yourself and should not be shared or disclosed to others.
What if I forget my User ID and password? You may call our Forex Hotline at 65 to request for your User ID. If you have forgotten your password, call our Forex Hotline at 65 and a new password will be sent to you by mail, to your address in our records. We will send the new password to you by mail only upon successful verification of your signature.
Deposit and Withdrawal Funding your Account How do I deposit funds into my Maybank Forex account? There is a variety of ways to fund your Forex trading account. Cheque Cheques should be crossed and made payable to "Maybank Securities Pte Ltd". Please indicate your leveraged FX trading account number E. SGD cheque clearance will usually take 2 working days while foreign cheque clearance may take up to a month.
Charges incurred for clearing foreign cheques will be borne by you. Bill Payment Service via Internet Banking With Bill Payment Service, you can pay via Internet Banking through the following banks if you have an account with these banks in Singapore.
Please be informed the bill payment service is in SGD denomination. If the home currency of your live account is in other currency denomination other than SGD, we will do a conversion from SGD to the home currency before crediting the amount into your live account. Telegraphic Transfer TT Please indicate your leveraged FX trading account number E. The details for telegraphic transfer are as follows. Maybank Securities Bank Details for Telegraphic Transfer: SGD Beneficiary Bank : The HongKong and Shanghai Banking Corporation Limited, Singapore Beneficiary Name : Maybank Securities Pte.
Account number : Swift Code : HSBCSGSG Remarks : Please indicate your leveraged FX trading account number. USD Corresponding Bank : Standard Chartered Bank, New York CHIPS UID : ABA Swift Code : SCBLUS33 Beneficiary Bank : Standard Chartered Bank Singapore Limited Swift Code : SCBLSG22 Beneficiary Name : Maybank Securities Pte.
Account No : Remarks : Please indicate your leveraged FX trading account number. HKD Beneficiary Bank : Malayan Banking Berhad HK Branch Beneficiary Name : Maybank Securities Pte. Account No : Swift Code : MBBEHKHH Remarks : Please indicate your leveraged FX trading account number.
AUD Corresponding Bank : Citibank Ltd, Sydney Swift Code : CITIAU2X Account No : Beneficiary Bank : Citibank N. MYR Beneficiary Bank : Malayan Banking Berhad, Kuala Lumpur Main Branch Beneficiary Name : Maybank Securities Pte. Account No : Swift Code : MBBEMYKL Remarks : Please indicate your leveraged FX trading account number.
GBP Corresponding Bank : HSBC Bank PLC UK Swift Code : MIDLGB22 Sort Code : SC Beneficiary Bank : HSBC Singapore Swift Code : HSBCSGSG Beneficiary Name : Maybank Securities Pte. EUR Corresponding Bank : HSBC France Swift Code : CCFRFRPP Beneficiary Bank : The Hongkong and Shanghai Banking Corporation Limited, Singapore Swift Code : HSBCSGSG Beneficiary Name : Maybank Securities Pte. Account No : Remarks : Please indicate client code. Withdrawal How do I withdraw funds from my Maybank Forex Account?
Funds withdrawal request can be done via email. com using the email you have registered with us officially during account opening. Withdrawal request received by Maybank Securities Pte Ltd before 12pm on a working day will be processed within 2 working days.
Please kindly note that we do not allow 3rd party funds transfer. Cheque will be issued to your name and bank transfer will only be done for the bank account under your name. Please indicate your choice of withdrawal in your email request and the following details. Your Name Leveraged FX Trading Account Number Withdrawal Amount Bank Name and Bank Account Number for bank transfer.
Trading Platform Currenex Currenex is a market-leading technology provider offering the FX community high-performance technology. We partner with Currenex to provide you with stable access performance levels during volatile market conditions. With many significant market liquidity sources connected to the venue, we are able to provide you a premium source for FX liquidity.
Get a free demo account now and experience it yourself. Advanced Charting Tools The trading application comes installed with many advanced charting tools to suit your different trading styles. Chart Types — 12 Trend — 24 Volatility — 10 Momentum — 8 Linear — 8 Oscillators — 16 Custom — 13 You can even configure to view single or multiple charts.
All charts setting can be saved as templates for later use by loading the desired template you have saved in the library. FX Top Stories and Currency Alerts Updated FX top stories and currency alerts streaming through the trading application to equip you with the information you need to make prompt decisions and manage your currency exposures.
Product What is Leveraged Forex trading? Leveraged Forex is used for trading on market movements by comparing the strength of a currency relative to another. This involves the simultaneous buying and selling of a pair of currencies on margin. Margin refers to a percentage of the contract size that needs to be deposited to open a position. With leverage, you can take positions larger than the funded balance in your account. However, leverage can either magnify profit or loss.
Why do traders trade Forex? It is likely due to the highly liquid nature of the Forex market open 24 hours a day and huge trading volume. How does one trade on a currency pair? Scenario 1: An hour later, the price moves to 1. What are the trading hours of Leveraged Forex market? The Foreign Exchange market is unique from other financial markets as trading is available hours a day excluding weekends. Our market hours are as follows: 5. What is rollover interest? Rollover is a process whereby the settlement of the contract is rolled forward to the next value date.
Rollover interest will either be credited or debited dependent on the currency pair and direction taken. You are required to add an additional hour to 5am Singapore Time approximately from November to March. This three-day adjustment covers settlement of trades over the weekend period. Is there an expiry date for Leveraged Forex contracts? There is no expiry date for spot Leveraged Forex. Clients with open positions can hold them indefinitely, provided they have sufficient margins in their accounts to finance the position s.
What is the minimum contract size for trading Leveraged Forex? The minimum contract size is one micro contract units. What are the currencies that offered by Maybank Forex and their respective margins offered? Maybank Forex offers 46 currencies pairs for trading, and margin required is dependent on each currency pair. What is the spread quoted by Maybank Forex? Spreads are subject to variation, especially in volatile market conditions. Maybank Forex does not charge any further commission other than the platform spreads.
A Limit order sets the price at which the trader is willing to buy or sell at. Accordingly, while a price of Buy Limit order should be lower than the market price, a price of Sell Limit order should be higher than the market price.
There is no guarantee that the order will be triggered at a specified price or better if the price of a currency pair rises or falls rapdily after major news or when the market reopens after a weekend. Stop Order A Stop order is a risk management order type which trades use to limit their losses or protect their existing position. It can be use to initiate a new position.
WebMaybank Forex SG. Maybank Forex SG is the White-Label platform of Currenex who is a market-leading technology provider offering the FX community high-performance WebStockbroking Helpdesk. For stockbroking enquiries, please contact or + (overseas). Available from a.m. to p.m. on Bursa trading days WebSecure. Convenient. Customisable. Maybank Trade on desktop and mobile is equipped with reliable security features and provide instantaneous trade confirmations. Regardless of 17/11/ · blogger.com URL / Address. Never login via email links. Never reveal your PIN / Password to anyone. Click here to notify us of any blogger.com Internet Banking fraud. For other online banking enquiries, call our Customer Care hotline at. or if you are overseas (24 hours daily WebStep 1: Login to Maybank Trade. Step 2: Click on the Personal Configuration icon. Step 3: Click on the 2FA tab. Step 4: Click on the "Register" button and you will be directed to You have the choice to trade electronically via our Maybank Forex trading platform or to call the Execution Trading Desk at (65) When should I call the Execution Trading Desk? All Maybank Securities clients are encouraged to call the Execution Desk in the following situations ... read more
A margin trading account also allows for multi-currency financing facilities. It is a collateralised trading account where the trading limit is equivalent to the amount of funds deposited into the account. A Day Market-to-Limit Order will be matched at the best available price and the rest will be converted to a Limit Order. What is Maybank Forex Margin Call and Autoliquidation policy? If your e-mail address is in our records, you will see the "Manage Settings" screen with your e-mail address displayed. The entire order of 20 lots will be rejected and expire. A Limit Order is dependent on the order validities selected.
Thus, you may see a maybank forex trading platform in the value of your foreign securities. How do I register for the OneKey device? You can also calculate the sell price at which you can breakeven. Alternatively, you may visit any of our Customer Service Centres. You will then be able to re-activate your device for use in the future.