Maybank Kim Eng Account Type

　　Maybank Kim Eng offers several types of brokerage accounts to cater to different trading needs and investor profiles. The main account types include:

• Basic Brokerage Account (MKE Trade):
• Allows trading in 7 different markets.
• Commission fees range from 0.18% to 0.275% based on the trade amount.
• Minimum age requirement: 21 years.
• Eligibility: Singapore citizens or foreigners with a CDP securities account and a Singapore bank account.
• CFD Account:
• Enables trading of thousands of share CFDs and index CFDs.
• Requires a minimum deposit of SGD 3,000.
• Offers leverage up to 10 times for share CFDs.
• Forex Account:
• Access to over 40 currency pairs with no brokerage fees.
• Minimum deposit requirement: SGD 10,000 for Singapore citizens and permanent residents.
• Spreads apply, and rollover charges may occur for overnight positions.
• Investing Academy:
• Provides resources and seminars for investors of all levels.
• Aimed at helping new investors build wealth through education.

　　

Maybank Kim Eng Broker Account Opening Process

　　Opening an account with Maybank Kim Eng is a straightforward process, which can be done online or in person. Heres a step-by-step guide:

• Visit the Account Opening Page:
• Navigate to the Maybank Kim Eng website and select the account type you wish to open.
• Complete the Application Form:
• Fill out the required fields in the online application form.
• Prepare Necessary Documents:
• For Singapore citizens: Provide a valid ID and proof of address.
• For foreigners: Submit a valid passport, Singapore residence pass/work permit, and proof of address.
• Submit Your Application:
• Once all information is correct, submit your application. A verification email will be sent to your registered email address.
• Verification and Approval:
• Click the link in the verification email to confirm your account. The approval process may take a few days for new customers.
• Funding Your Account:
• You can fund your account through various methods, including Giro, PayNow, and internet banking, typically with no deposit fees.

　　By following these steps, you can easily set up your trading account with Maybank Kim Eng and start your investment journey.