Abstract:Maybank Investment Bank Berhad, based in Malaysia while with business reach around the globe, is a financial firm serving a diverse clientele, including corporate, retail, and institutional investors. The institution deals in a variety of financial services and instruments such as stocks trading, futures trading, strategic advisory etc. However, it currently holds a suspicious clone LFSA (Labuan Financial Services Authority) license with an undisclosed number, warranting cautious consideration.
Maybank Review Summary in 6 Points | |
Founded | 2011 |
Registered Country/Region | Malaysia |
Regulation | Suspicious LFSA clone |
Financial Instrument & Services | Corporate clients: Debt capital solutions, Equity capital solutions, Strategic advisory, Equity and commodity derivatives |
Institutional investors: Institutional futures broking | |
Retail investors: stocks trading, futures trading, Islamic broking, global trading, structured warrants, structured products such as share margin financing etc. | |
Trading platform | M2U Online Stocks, Powerbroking, Proprietary Mobile Trading Platform, Quick Screen Trading (QST) platform for futures trading |
Customer Support | Address, Email, Phone, Contact us form, Telegram |
Maybank Investment Bank Berhad, based in Malaysia while with business reach around the globe, is a financial firm serving a diverse clientele, including corporate, retail, and institutional investors. The institution deals in a variety of financial services and instruments such as stocks trading, futures trading, strategic advisory etc. However, it currently holds a suspicious clone LFSA (Labuan Financial Services Authority) license with an undisclosed number, warranting cautious consideration.
In the following article, we plan to review and evaluate the characteristics of this financial organization from multiple angles, presenting data in a precise and organized manner. If this information appeals to you, we invite you to keep reading. At the end of the article, we will offer a brief recap encapsulating the standout qualities of the financial company, enabling you to grasp its salient features quickly.
Pros & Cons
Pros | Cons |
• Wide range of products and services | • Suspicious LFSA clone |
• Abundant trading platforms available | |
• Global reach |
Wide Range of Products and Services: Maybank offers a comprehensive array of financial instruments and services to retail, corporate, and institutional investors.
Abundant Trading Platforms: To cater to various trading styles and needs, Maybank has numerous trading platforms. These include the M2U Online Stocks, Powerbroking, Proprietary Mobile Trading Platform, and Quick Screen Trading (QST) platform for futures trading.
Global Reach: Being a Malaysia-based financial institution with branches globally, Maybank can service clients around the world, ensuring a vast market coverage.
Suspicious LFSA Clone: Maybank holds a suspicious LFSA clone license. This prompts caution and questions about its credibility and adherence to regulatory standards, potentially deterring interested investors and stakeholders.
When considering the safety of a financial company like Maybank or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a financial company:
Regulatory sight: Interested traders should take special note as the firm holds a Labuan Financial Services Authority (LFSA) license with an undisclosed license number, which is suspiciously to be clone. This serves as a red flag and could indicate potential operational risks.
User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the company. Look for reviews on reputable websites and forums.
Security measures: It appears that the bank has not disclosed any specific security measures on its website. This indicateS a lack of transparency or a need for improvement in communication of cyber security practices.
In the end, the choice to engage in trade with Maybank is a deeply personal one. It's crucial to carefully balance the potential risks and advantages before coming to a decision.
Maybank offers a range of financial instruments and services tailored to meet the diverse needs of its clients.
Maybank offers Debt Capital Solutions, Equity Capital Solutions, Strategic Advisory and even Equity and Commodity Derivatives, enabling corporations to strategically manage their financial needs.
For the institutional investors, Maybank provides Institutional Futures Broking, a specialized service catering to advanced investment needs.
Retail investors are offered an array of services like Stocks Trading, Futures Trading, Islamic Broking, Global Trading, and Structured Warrants. Maybank also offers Structured Products such as Share Margin Financing, allowing individuals to explore diverse investment opportunities.
Maybank Investment Bank offers various account types tailored for individuals and corporations. Their accounts include margin financing, cash, and non-margin accounts.
For individual clients, applications to open a trading account can be made at any Maybank Investment Bank branch or Maybank Equities Investment Centre by submitting a completed application form along with supporting documents. The supporting documents needed include photocopies of NRIC or passport, proof of income, and recent bank statements.
Corporate clients applying for a margin financing or a non-margin account also need to visit a branch or Equities Investment Centre with a filled application form and provide additional company-specific documents such as photocopies of all director's IC, a Board's Resolution, and the company's Memorandum & Articles of Association.
Increase in Margin Financing Limit can also be requested with a similar procedure.
For all account applications, certain specific supporting documents are required depending on the type of business entity or individual circumstances.
Maybank offers a wide array of trading platforms to meet the diverse needs of its investors.
The M2U Online Stocks is a user-friendly platform, enabling customers to conveniently trade stocks online.
Powerbroking is another platform that ensures a seamless trading experience with a myriad of critical features and tools.
For those on the go, there's Maybank's proprietary mobile trading platform available on both iOS and Android devices that provides access to real-time trading and market information.
For futures trading, Maybank offers the Quick Screen Trading (QST) platform, an advanced system providing fast and secure trading capabilities.
Maybank offers a range of innovative trading tools aimed at enhancing the trading experience for its customers.
The Market Insight tool, available on M2U Online Stocks, Powerbroking, and Maybank Investment Bank's Android trading app, provides valuable market updates, allowing investors to make informed decisions.
Both the RECOGNIA Value Analyzer and Technical Insight tool, accessible on M2U Online Stocks and Powerbroking, offer deep insights for value analysis and technical charting.
NextVIEW transforms trading with its Real Time Interactive Charts, customizable market data, and analytical and chart drawing tools. It lets users focus on their selected investments, offering access to up to 15 years of Malaysia Capital data and customizable displays. This enhances prediction accuracy for future stock performances. Primarily, NextVIEW offers better data accessibility and is tailored to individual trading styles.
Maybank provides various methods for customer communication including physical address for in-person visits, email for correspondence, phone line for direct conversations, a 'Contact Us' form on their website, and a Telegram account for modern communication with customer.
Maybank Investment Bank Registered Office: 32nd Floor, Menara Maybank, 100 Jalan Tun Perak, 50050 Kuala Lumpur,
Tel: +603-2059 1888.
Fax: +603-2078 4194.
Stock Trading
Hotline: 1300-22-3888.
E-mail: equities.helpdesk@maybank-ib.com.
Futures Trading
Hotline: +603–2288 1135.
E-mail: futures@maybank-ib.com.
Structured Products
Hotline: +603–2282 4193.
E-mail: derivatives@maybank-ib.com.
Operating Hours: 8:45 a.m. to 7:00 p.m. Bursa trading days (Monday – Friday subject to exchange holiday).
Maybank Equities Investment Centres
For more information or in case of any complaints, kindly e-mail your queries to equities.helpdesk@maybank-ib.com or call Hotline 1300-22-3888.
For more contact details about the banks global branches, traders can visit https://www.maybank2u.com.my/Investment-bank/en/contact-support/locate-branches.page? directly to look up the one they would like to get in touch with.
Maybank, a global financial institution headquartered in Malaysia with branches all over the world, offers expansive services to various client segments. However, its suspicious LFSA clone status raises concerns about its business practices and legitimacy, urging interested investors to scrutinize its credibility.
Consequently, we strongly recommend you to directly consult the bank for the latest information before making investment decisions, or consider other financial institutions with a more robust adherence to regulatory standards and professional conduct.
Q 1: | Is Maybank regulated? |
A 1: | No, Maybank currently holds a suspicious clone LFSA license with undisclosed license number. |
Q 2: | What kind of trading instruments does Maybank offer? |
A 2: | Maybank is a Malaysia-based financial company offers a series of financial products and services such as Debt capital solutions, Equity capital solutions, Strategic advisory, Equity and commodity derivatives. |
Q 3: | Is Maybank a good financial company for beginners? |
A 3: | No, its not a good financial institution for beginners due to the suspicious LFSA clone regulatory status. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.