Malaysias 1st Fully Digital Trading Broker I Rakuten Trade

You get rewards in the form of RT points for trading. May I know the best broker rate for global trade account please? Displays details of stock market trends and movements.

Like MrBorneo26, I have accounts with both Rakuten and MPlus. My recommendation is to open account with more than one broker to compare stock recommendation and monitor stock performance if you can. The advantage of contra account over cash account is that you can trade and settle later (T+2) hence very useful for short term trading. As for the reason why I like Mplus other than cheap brokerage is because they provide very good market and stock updates and conduct free seminars for their clients very regularly. Although you don’t need to pay a commission, this doesn’t mean they’re free. Instead they charge a small foreign exchange fee to convert Malaysian ringgit to the required global currency, e.g.

Most providers offer free demo accounts to help you sample their services. From time to time, some online share trading providers will offer special deals to help you save on brokerage fees or possibly avoid them altogether. Other providers also offer brokerage fee rebates for frequent traders. The brokerage fees for shares listed overseas can be more or less than what you’d pay for Bursa Malaysia-listed stocks depending on the country of choice and the platform you’re using. For US-listed shares you can expect to pay anywhere between US$0 – US$60 per trade. This can be higher again for countries in Asia, Europe and the Middle East.

Sort counters to be displayed according to stock code, name, last done price, price change, volume, highest price and lowest price, in ascending or descending order. Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate. Find out about gold ETFs, what influences their prices, how you can trade them and whether they could be worth your weight in gold.

This is extremely convenient – in fact, you seem to have your own “exchange in your pocket.” KenTrade is an integrated financial portal that provides a host of financial products and services that are easily accessible to all potential and current investors. I’m sure there are a few other brokers out there not listed in the table. I’m keeping the table super simple as I understand that most of us are only concerned with the fees charged. @DzulY74..Rakuten can buy and sell all stock at Bursa either shariah stocks or non-shariah stock.

I started my investment journey with a nominee account . But later this year I decided to switch into a direct account after I found out their differences… @moneytree88 u can download to active back your account,,just RM5 fee to reactivation of a dormant CDS account..Or u can open another account if u want..

We offer select stock picks based on investment styles to meet core investment objectives. Learn the basics of what it takes for novices to get started in the investment world, including an overview of your options and what to watch out for. Find out what tax deductions you’re entitled to if you’re a share trader or an investor. Check out our comprehensive guide to share trading here.

This is another advantage of the platform – a low minimum amount. That is, even a person with minimal start-up capital will be able to try themselves in trade. The Rakuten Group empowers society, while providing convenience to customers around the world with easy-to-use and innovative services. We have a restricted Capital Markets Services License (“CMSL”) by the Securities Commission Malaysia to deal in listed securities and provide investment advice. @benjikoh, my account is M+ silver account , charged a minimum of RM9.70 per contract including stamp duty and clearing fees.

You can ask your remisier/ dealer representative what type of account are you using to buy/sell. If your remisier does not reply to your message, it’s time to change from M+ platform to others. We are an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions.

Brokerage fees are far from identical from one provider to the next, so it’s important to compare fees. For online share trading platforms, brokerage can range from RM0 – RM28 per trade. Full-service brokers such as Morgan Stanley start fees at around US$25 per trade, usually charged as a percentage of the amount being traded. That’s why it’s essential for anyone thinking of getting started in the sharemarket to compare brokerage fees charged by online share trading platforms and shop around for the cheapest option.