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.
Enjoy access to thousands of share CFDs listed on many global markets including Singapore, Australia, Hong Kong, United States, United Kingdom, China, Malaysia, and Indonesia. You can also view all your positions in one portfolio in real time.
CFDs enable clients to take advantage of rising and falling prices with the ability to go long and short.
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 Trading Representative or team 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 the counter is margined at 10%. Margins are different for each counter and this is pre-set by Maybank Securities.
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, if necessary consult an independent financial adviser on the suitability of CFDs for you.
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 (SGD3.50 10,000 shares) |
|
Initial Margin (10%) | SGD3,700 | SGD37,000 10% | |
Commission (0.25%) | SGD92.50 | SGD37,000 0.25% | |
Initial Outlay | SGD3,792.5 | Initial Margin + Commission | |
Close Short Position | Notes | ||
Buy Quantity | 10,000 | - | |
Price | SGD3.50 | - | |
Closing Contract Value | SGD35,000 |
Buy 10,000 shares as a CFD at SGD3.50 (SGD3.50 10,000 shares) |
|
Profit or Loss | SGD2,000 | SGD3.50 10,000 | |
Commission (0.25%) | SGD87.50 | SGD35,000 0.25% | |
Finance Changes (10 days) |
SGD40.54 | SGD37,100 4.0% 365 10 days | |
Net Profit | 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 10,000 shares) |
|
Initial Margin (10%) | SGD3,710 | SGD37,100 10% | |
Commission (0.25%) | SGD92.75 | SGD37,100 0.25% | |
Initial Outlay | SGD3,802.75 | Initial Margin Commission | |
Close Short Position | Notes | ||
Buy Quantity | 10,000 | - | |
Price | SGD3.91 | - | |
Closing Contract Value | SGD39,100 |
Buy 10,000 shares as a CFD at SGD3.91 (SGD3.91 10,000 shares) |
|
Variation Margin / Profit or Loss | -SGD2,000 | (SGD3.91-SGD3.71) 10,000 | |
Commission (0.25%) | SGD97.75 | SGD39,100 0.25% | |
Finance Changes (10 days) |
SGD40.66 | SGD37,100 4.0% 365 10 days | |
Net Loss | -SGD2,231.16 | Net Loss + Commission on the open & close of the trade + Financing | |
Return on investment | -58.6% | - |