It looks like you are using an older version of Internet Explorer. Using an outdated browser makes your computer unsafe. For the best experience on the web, please update your browser or install Google Chrome Frame.
Simply maintain a daily average balance of $10,000 in your Prefunded account and trade at only 0.12% commission rate for SG market online!
What Is It About?

Enjoy trading at 0.12% commission rate with no minimum commission charged on SG market online! 

Market Prefunded Brokerage Rate
Normal Rate Preferred Rate
Singapore 0.12%, Min. Commission SGD$10 0.12%

Terms and Conditions:

  • The "No Minimum Commission Promotion" ("Promotion") runs from 1 May 2019 to 31 Oct 2019 ("Promotion Period"), both dates inclusive. 
  • This Promotion is open to all new and existing KE Prefunded clients (“Eligible Client”) with Maybank Kim Eng Securities Pte Ltd (“Maybank KES”).
  • New KE Prefunded clients onboarded from 1 May 2019 onward will only be eligible for the “5 Free Trades (in the form of trade rebates)” Prefunded Promotion from the account opening date up to and including the subsequent first three (3) full calendar months. Thereafter, such clients will be eligible for the “No Minimum Commission Promotion”.
  • With reference to the table above, under the Promotion, an Eligible Client will first be charged the Normal Rate and subsequently receive a rebate constituting the applicable minimum commission (“Rebate”) to reflect the Preferred Rate which has no minimum commission. The Rebate will be credited by Maybank KES to the Eligible Client’s KE Prefunded account on a monthly basis.
  • Maybank KES shall assess an Eligible Client’s qualification for the Rebate monthly from June 2019 onwards. To qualify for the Rebate, an Eligible Client must maintain a daily average minimum balance of S$10,000 in his/her KE Prefunded account for the whole calendar month which precedes the assessment.

 

For the full terms and conditions, please click here.

Illustration

Below are examples of how an Eligible Client can enjoy this Promotion. 

Scenario 1

Regina opened a KE Prefunded account on 28 June 2018. Regina is an existing Prefunded client and thus qualified for this Promotion. 

Regina then purchased 5,000 shares of a particular stock listed on SGX at SGD$1 on 1 May 2019. 

Regina will continue to pay the default minimum commission of SGD$10 for SG market.

Based on the mechanics of this Promotion, Regina should only be charged a commission of SGD$6 ($5,000 x 0.12%) if she fulfills the criteria by the end of the month.

On 31 May 2019, if Regina successfully maintains a daily average minimum of $10,000 in her KE Prefunded account, she will receive a rebate of SGD$4 (the difference between the Normal Rate and Preferred Rate) back to her account in June 2019. 

 

Scenario 2

Daniel opened a KE Prefunded account on 5 May 2019. Daniel will first enjoy the 5 Free Trades (in the form of trading rebates) Promotion* for 3 months till 31 August 2019.

Daniel can then participate in this Promotion starting from 1 September 2019.

Daniel then purchased 5,000 shares of a particular stock listed on SGX at SGD$1 on 5 October 2019. 

Daniel will continue to pay the default minimum commission of SGD$10 for SG market.

Based on the mechanics of this Promotion, Daniel should only be charged a commission of SGD$6 ($5,000 x 0.12%) if he fulfills the criteria by the end of the month.

On 31 October 2019, if Daniel successfully maintains a daily average minimum of $10,000 in his KE Prefunded account, he will receive a rebate of SGD$4 (the difference between the Normal Rate and Preferred Rate) back to his account in November 2019. 

 

Scenario 3

Caleb opened a KE Prefunded account on 23 February 2019, and hence will enjoy the 5 Free Trades (in the form of trading rebates) Promotion* till 31 May 2019.

Caleb can then participate in this Promotion starting from 1 June 2019.

Caleb then purchased 10,000 shares of a particular stock listed on SGX at SGD$1 on 22 July 2019. 

Caleb will then automatically qualify for the 0.12% commission rate instead of the minimum commission of S$10, and hence will not receive any rebates from this Promotion. 

 

 *Please click here to learn more about the 5 Free Trades (in the form of trading rebates) Promotion!

 

Not a Maybank Kim Eng Client Yet?
Please leave your details and we will be in touch with you soon.

Title
Preferred Time of Call (Optional)
*CAPTCHA
This question is to prevent automated spam submissions. Entries are not case sensitive.