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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. The new rates will apply to all markets ...
KUALA LUMPUR, 21 October 2019 – Rakuten Trade Sdn Bhd’s (“Rakuten Trade”) contribution to financial literacy relating to digital equities trading was recently recognised by Securities Commission Malaysia (“SC”) at its annual investor education flagship event, InvestSmart Fest 2019 (“ISF 2019”). Rakuten Trade was the recipient of ...
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. With high minimum fees and paying them in US currency, many beginners or those without huge investment sums can be discouraged.
RM9.00. 1. Day Trade Rebate will not be affected by the sequence of the Buy or Sell order (s). 2. Day Trade Rebate will be capped at the Buy/Sell quantity (whichever is lower) and will be based on the sell price. Scenario. Trading Activity.
May 1, 2023 · Companies Commission of Malaysia (SSM) data shows that Rakuten Trade registered a net profit of RM17.62 million for FY2020 compared with a net loss of RM16.26 million for FY2019. Rakuten Trade continued to rack up profits in FY2021, although net profit fell by 17.7% to RM14.5 million from a year earlier.
Jan 9, 2024 · Rakuten Trade Feature Highlights. Rakuten Trade is a joint venture between Malaysia’s Kenanga Investment Bank Bhd. and Japan’s Rakuten Securities Inc. Established in 2017, Rakuten Trade is under the regulation of the Securities Commission (SC) of Malaysia and holds the Capital Markets Services License (CMSL) to deal with listed securities and provide investment advice
Sep 21, 2022 · Rakuten Trade is considered one of the leading online equities trading platforms in Malaysia. In 2017, Rakuten Trade was established via a joint venture between Japan’s Rakuten Securities Inc and Malaysia’s Kenaga Investment Bank Berhad. When the platform was launched, it was also known as the first full-fledged online equity broker in ...
