Stocks

You can go long or short on stocks when you trade Contract for
Difference ("CFDs") with us. Maybank Securities clients enjoy 100%
price and volume transparency with our Direct Market Access ("DMA")
business model. We put all trades directly through to the stock or
index market which means the price and volume quoted on our CFD
platform will always be the same as that of the underlying market.
We do not impose rollover fees. There is no contract expiry and your
open positions will remain open for as long as your account has
sufficient funds to meet margin requirement, or until you decide to
close them.
In addition, you can trade seamlessly from a single account and
enjoy access to thousands of share CFDs listed on many global
markets. You can also view all your positions in one portfolio in
real time.
CFDs enable clients to take advantage of any market trend.
You can go long - by buying low and selling higher - when you expect upward price movements, or short - by selling high and buying back lower - to take advantage of downward price movements.
Short selling a stock is as easy as one click of the 'sell' button.
Short selling a counter is, however, only possible if there is
sufficient 'scrip borrow' in our system. This varies on a daily
basis. You can easily check if a counter is shortable from any Buy
or Sell order ticket on our platform.
Should there be insufficient 'scrip borrow' for the day, please call
our CFD Team at +65 6536 2000 to help source for scrip. Sourcing
scrip is on a best-effort basis.
In 2012, the Monetary Authority of Singapore (MAS) introduced
guidelines for broking firms to provide safeguards to retail
investors who wish to trade certain investment products. These
products have complex features and risks that can be difficult to
understand. Under these guidelines, both existing and new clients
are required to be formally assessed by their broking firm for
relevant knowledge and experience in trading Contracts for
Difference (CFDs).
Learn more about how to qualify in the
FAQs section.
Leverage your deposit by up to 10 times for Share CFDs. This means
that with a deposit of SGD1,000, you will be able to open up to a
SGD10,000 position if this counter is margined at 10%. Margins are
different for each counter and this is pre-set by Maybank
Securities.
View all tradable counters and their margins here, under the "List
of Markets and Tradable Counters" section in the
FAQs section.
Clients enjoy convenience and flexibility without the need for a margin or scrip borrowing account.
CFDs and other investment products involve the risk of loss and are not suitable for many members of the public. Before investing in CFDs, you should carefully consider your financial situation and consult your independent financial adviser on the suitability of CFDs for you.
Action | Item | CFD | Margin | Cash |
---|---|---|---|---|
Buy | Share | 10,000 | 10,000 | 10,000 |
Buy Price | SGD5.00 | SGD5.00 | SGD5.00 | |
Contract Value | SGD50,000 | SGD50,000 | SGD50,000 | |
Cash Outlay | SGD5,000 | SGD20,000 | SGD50,000 | |
Gearing | 10 times | 2.5 times | - | |
Add cost | ||||
Brokerage | SGD135.00 | SGD200.00 | SGD137.50 | |
Exchange Fees | - | SGD23.75 | SGD23.75 | |
GST | - | SGD15.66 | SGD11.29 | |
Net Purchase Value | SGD50,135.00 | SGD50,239.41 | SGD50,172.54 | |
Sell | Sell Price | SGD6.00 | SGD6.00 | SGD6.00 |
Contract Value | SGD60,000 | SGD60,000 | SGD60,000 | |
Less cost | ||||
Brokerage | SGD162.00 | SGD240.00 | SGD165.00 | |
Exchange Fees | - | SGD28.50 | SGD28.50 | |
GST | - | SGD18.80 | SGD13.55 | |
Financing Costs (30 Days) |
SGD205.48 | SGD150.00 | - | |
Net sales proceeds | SGD59,632.52 | SGD59,562.71 | SGD59,792.96 | |
Net Profit/Loss | SGD9,497.52 | SGD9,323.29 | SGD9,620.42 | |
Return | 189% | 47% | 19 |
Action | Item | CFD | Margin | Cash |
---|---|---|---|---|
Buy | Share | 10,000 | 10,000 | 10,000 |
Buy Price | SGD5.00 | SGD5.00 | SGD5.00 | |
Contract Value | SGD50,000 | SGD50,000 | SGD50,000 | |
Cash Outlay | SGD5,000 | SGD20,000 | SGD50,000 | |
Gearing | 10 times | 2.5 times | Nil | |
Add cost | ||||
Brokerage | SGD135.00 | SGD200.00 | SGD137.50 | |
Exchange Fees | - | SGD23.75 | SGD23.75 | |
GST | - | SGD15.66 | SGD11.29 | |
Net Purchase Value | SGD50,135.00 | SGD50,239.41 | SGD50,172.54 | |
Sell | Sell Price | SGD4.00 | SGD4.00 | SGD4.00 |
Contract Value | SGD40,000 | SGD40,000 | SGD40,000 | |
Less cost | ||||
Brokerage | SGD108.00 | SGD160.00 | SGD110.00 | |
Exchange Fees | - | SGD19.00 | SGD19.00 | |
GST | - | SGD12.53 | SGD9.03 | |
Financing Costs (30 Days) |
SGD205.48 | SGD150.00 | - | |
Net sales proceeds | SGD39,686.52 | SGD39,658.47 | SGD39,861.97 | |
Net Profit/Loss | SGD10,448.48 | -SGD10,580.94 | -SGD10,310.57 | |
Return | -208% | -53% | -21% |
Short Stock A | Remarks | ||
---|---|---|---|
Sell Quantity | 10,000 | - | |
Price | SGD3.70 | - | |
Opening Contract Value | SGD37,000 |
Sell 10,000 shares as a CFD at SGD3.70 (SGD3.70 |
|
Opening Contract Value | Initial Margin (10%) | SGD37,000 |
|
Commission (0.25%) | SGD37,000 | SGD37,000 |
|
Total Margin Required | SGD3,792.5 | Initial Margin |
|
Close Short Position | Notes | ||
Buy Quantity | 10,000 | - | |
Price | SGD3.50 | - | |
Closing Contract Value | SGD35,000 |
Sell 10,000 shares as a CFD at SGD3.70 (SGD3.70 |
|
Variation Margin / Profit or Loss | SGD2,000 | SGD37,000 - SGD35,000 | |
Commission (0.25%) | SGD87.50 | SGD35,000 |
|
Finance Changes (10 days) |
SGD40.54 | SGD37,100 |
|
Net Loss | SGD1,779.46 | Profit on the trade - Commission on the open & close of the trade - Financing | |
Return on investment | 46.9% | - |
Short Stock A | Remarks | ||
---|---|---|---|
Sell Quantity | 10,000 | - | |
Price | SGD3.71 | - | |
Opening Contract Value | SGD37,100 |
Sell 10,000 shares as a CFD at SGD3.70 (SGD3.71 |
|
Opening Contract Value | Initial Margin (10%) | SGD37,100 |
|
Commission (0.25%) | SGD37,100 | SGD37,100 |
|
Total Margin Required | SGD3,802.75 | Initial Margin |
|
Close Short Position | Notes | ||
Buy Quantity | 10,000 | - | |
Price | SGD3.91 | - | |
Closing Contract Value | SGD39,100 |
Sell 10,000 shares as a CFD at SGD3.91 (SGD3.91 |
|
Variation Margin / Profit or Loss | -SGD2,000 | SGD37,100 - SGD39,100 | |
Commission (0.25%) | SGD97.75 | SGD39,100 |
|
Finance Changes (10 days) |
SGD40.66 | SGD37,100 |
|
Net Loss | SGD2,231.16 | Net Loss + Commission on the open & close of the trade + GST + Financing | |
Return on investment | -58.6% | - |