Rakuten
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Flat brokerage fees from RM7 to a maximum of RM100 (USD1.88 to a maximum of USD25). Foreign currency facility is available to allow you to trade in MYR or USD.
Stamp Duty. RM1.00 for every RM1,000.00 in trading value (Maximum amount RM200.00 per contract) Note: Stamp Duty exemption for select Small and Mid Cap stocks. CDS Fee. FREE account opening. Transfer of Shares. RM10.00 per transaction to other brokers. *6% ST will be imposed only brokerage fees.
Apr 14, 2023 · KUALA LUMPUR, 14 April 2023 – Rakuten Trade Sdn Bhd (Rakuten Trade), Malaysia’s first fully digital equity broker, announced that effective 17 April 2023, it would be making a significant change to its brokerage rates. The minimum rate will go from RM7 to RM1 with the maximum remaining at RM100.
Only brokerage fees can be offset using RT points or if part of a special promotion. Other fees such as the clearing fee of 0.03% and stamp duty fees cannot be waived. Please refer to our fees webpage for more information.
Apr 14, 2023 · Starting 17 April 2023, Rakuten Trade’s minimum brokerage rate will go from RM7 to RM1 with the maximum remaining at RM100. It used to be expensive for Malaysians to buy international stocks with local brokers.
Apr 14, 2023 · Digital equity broker Rakuten Trade said that it is revamping its brokerage fees for trades done in Malaysian ringgit (MYR), with the minimum rate to be reduced from RM7 to just RM1.
Apr 24, 2021 · In addition, for every RM2 you paid in brokerage fee, you will earn 1 Rakuten Trade (RT) point. With the points collected, you can convert to BigRewards, BonusLink, or Boost via a 1 to 1 conversion basis.
How much do they charge? Brokerage rates are similar to agency fees and are charges that you have to pay on top of the cost of buying or selling shares. Do they extend investment ideas that you are comfortable with so you can get some idea of what to buy and when to sell? Can you get assistance when you need it?
Oct 14, 2021 · The fees include brokerage fees with 6% SST and other fees such as stamp duty and clearing fee. When our trade is lower than RM1,000, Rakuten Trade has a lower fee. Otherwise, MPlus Online offers a better fee. If you observe clearly, the larger the transaction, the lower the fee.
Apr 14, 2023 · Rakuten Trade Sdn Bhd has lowered its minimum brokerage fee to RM1 from RM7 for all of its market access from April 17, while still capping its maximum rate at RM100.
