Maybank Kim Eng Reviews and Comparison - Seedly
Seedly logo
Seedly logo
 

Maybank Kim Eng

  • Overview
  • Reviews (8)
  • Questions (0)
  • More Details

Maybank Kim Eng

$25
MINIMUM FEE
0.18% to 0.275%
TRADING FEES
CDP
STOCK HOLDING TYPE

    Maybank Kim Eng

    $25
    MINIMUM FEE
    0.18% to 0.275%
    TRADING FEES
    CDP
    STOCK HOLDING TYPE

Details

Maybank Kim Eng Reviews 2020

MKE Trade is the online brokerage platform by Maybank Kim Eng Securities, fully-owned investment banking arm of Maybank. Maybank Kim Eng Securities was the first stockbroker to be listed on the Singapore Exchange in 1990.

Types of Accounts available with Maybank Kim Eng

Maybank Kim Eng offers various types of account, catered to the different needs of individual investor.

  • Basic Trading (Cash) Account
  • Margin Trading Account
Read More about Maybank Kim Eng
Reviews (8)

3.1

8 Reviews

  • 5
    0
  • 4
    5
  • 3
    1
  • 2
    0
  • 1
    2

Read Review About...

Most HelpfulMost RecentLow to HighHigh to Low
  • Updated on 08 Jun 2020

    Purchased

    Maybank Kim Eng

    [Customer Service] This is perhaps the worst customer service I have ever had with an equities trading organisation. Never responds to voice mail, never responds to email. Very challenging to deal with this organisation !
    0 comments
    0
  • Updated on 02 May 2020
    Signed up for Maybank Prefunded account during a roadshow and there was an on-going promotion whereby one can get 12 months of $0 commission for Monthly Investment Plan. Pretty good way to perform RSP as there's no cost (and no custodian fees charged too) However, do note that Maybank Prefunded is no longer available as of today as Maybank has close down this service. [Customer Service] We are each provided a trading represensativd whereby we can contact them for any issues. Basically, if we wish to sell odd shares, we have to contact them as we can't do it ourselves. Overall, the trading rep are pretty responsive. [User Interface] Usee interface might take a little more time to toggle and understand how it works.
    0 comments
    0
  • Posted on 11 Dec 2019

    Purchased

    Maybank Kim Eng

    The trading app for mobile and tablet are considered as the best platform due to easy navigation and good chart information.
    0 comments
    0
  • Posted on 05 Dec 2019

    Purchased

    Maybank Kim Eng

    Queries usually gets answered really quickly thats the best part for me. Platform is a little old but fulfils what needs to be done.
    0 comments
    0
  • Updated on 13 Jun 2019
    Maybank Kim Eng used for a prefunded account to do my RSP. Pros: 1. More counters for selection to do RSP 2. 1% sales charge for transaction below $1,000. 3. Units are notified via email when purchased on the 9th. As I prefer online statements compared to letters. Cons: 1. Interface is pretty outdated and it took me sometime to navigate the site. 2. Need a min. of 100units to be able to sell. 3. There's sale charge when selling but insignificant for a low amount.
    2 comments
    2
    Ginny Goh
    Ginny Goh

    27 Jul 2018

    Thank you for the review, how much is the selling charges as I can't seem to find the information anywhere.
    Jay Liu
    Jay Liu

    27 Jul 2018

    1% sales charge https://www.maybank-ke.com.sg/products-services/products-services-listing/monthly-investment-plan/
Questions (0)
Recent ActivityUnansweredTrending
No questions found.

Types of services Maybank Kim Eng provides

Maybank Kim Eng offers a few types of products and services on their trading platform.

  • Contract for Difference (CFDs), Exchange Traded Funds (ETFs), Real Estate Investment Trust (REITs)
  • Fully customisable interface on a fluid and responsive platform available on Desktop and Mobile app
  • Extensive Data Set - Historical dividend payments, closing prices and adjustments, price earnings, market capitalisation and corporate profile now available at your fingertips.
  • GIRO service offers an automatic and convenient way of debiting payment from credit sale proceeds to designated bank account.
  • Electronic payment for shares (EPS) feature where investor can conveniently pay for their Singapore shares investment at ATMs or through their iBanking account.

Types of account available with Maybank Kim Eng

Maybank Kim Eng offers various types of account, catered to the different needs of individual investor.

  • Basic Trading (Cash) Account
  • Forex Trading

Brokerage fees and charges of Maybank Kim Eng

The fees and charges of Maybank Kim Eng are as follows:

Online

  • Minimum Commission: S$25
  • Investment of S$50,000 and below: 0.275%
  • Investment of S$50,000 to S$100,000: 0.22%
  • Investment above S$100,000: 0.20%

Phone

  • Minimum Commission: S$40
  • Investment of S$50,000 and below: 0.50%
  • Investment of S$50,000 to S$100,000: 0.40%
  • Investment above S$100,000: 0.25%

Other transaction charges:

  • Clearing fee imposed by CDP: 0.0325%
  • SGX Trading fee: 0.0075%

Contact Maybank Kim Eng