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 Rakuten Trade, A new online trading platform

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kucingfight
post Aug 13 2020, 09:02 PM

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QUOTE(annoymous1234 @ Aug 13 2020, 08:44 PM)
for rakuten trade, how will they pay the dividend, straight to our bank account?
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It's a nominee acc. Meaning u willl receive div one week later than the actual one. Direct credit to trade acc
sohailili
post Aug 13 2020, 09:28 PM

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QUOTE(annoymous1234 @ Aug 13 2020, 08:44 PM)
for rakuten trade, how will they pay the dividend, straight to our bank account?
*
QUOTE(kucingfight @ Aug 13 2020, 09:02 PM)
It's a nominee acc. Meaning u willl receive div one week later than the actual one. Direct credit to trade acc
*
in my case, it was 2 days later after the actual payment date based on my recent payment
yes, it is credited into your trade acc.
seanlam
post Aug 13 2020, 11:05 PM

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previously before the IT meltdown, i able to receive the dividend on payment day.... nw have to wait till day 2 or 3
DArkBat
post Aug 14 2020, 11:53 PM

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Quick question guys, if I newly open an account with Rakuten, will they apply for a CDS account for me ? If so...where can I find the number ?
AhBoy~~
post Aug 16 2020, 12:22 PM

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QUOTE(DArkBat @ Aug 14 2020, 11:53 PM)
Quick question guys, if I newly open an account with Rakuten, will they apply for a CDS account for me ? If so...where can I find the number ?
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With Rakuten Trade, your CDS account is held under Kenanga Investment Bank. This means that the name on your account will be KENANGA NOMINEES

This post has been edited by AhBoy~~: Aug 16 2020, 12:28 PM
Havoc Knightmare
post Aug 16 2020, 04:34 PM

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QUOTE(kucingfight @ Aug 13 2020, 09:02 PM)
It's a nominee acc. Meaning u willl receive div one week later than the actual one. Direct credit to trade acc
*
QUOTE(sohailili @ Aug 13 2020, 09:28 PM)
in my case, it was 2 days later after the actual payment date based on my recent payment
yes, it is credited into your trade acc.
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Just to raise public awareness, some brokerage firms actually generate interest by sitting on your dividends for days, if not a week by placing them out into money market placements/funds. It may not seem like much for an individual investor, but it starts to become a meaningful sum for the brokerage firm when they do it on a consistent basis on their entire customer base. Please vote wisely with your precious money when it comes to selecting brokers.

This post has been edited by Havoc Knightmare: Aug 16 2020, 04:35 PM
kucingfight
post Aug 16 2020, 10:06 PM

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QUOTE(Havoc Knightmare @ Aug 16 2020, 04:34 PM)
Just to raise public awareness, some brokerage firms actually generate interest by sitting on your dividends for days, if not a week by placing them out into money market placements/funds. It may not seem like much for an individual investor, but it starts to become a meaningful sum for the brokerage firm when they do it on a consistent basis on their entire customer base. Please vote wisely with your precious money when it comes to selecting brokers.
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Yup. And that's how other ewallets managing the interest too. Like I've said before, RT was only the only option during MCO. If not, it is jus another POS
god2077
post Aug 18 2020, 11:51 AM

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Anyone use the rakuten margin before?? whats MARGIN RATIO
LordSatriaVII
post Aug 22 2020, 07:37 PM

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Hi guys , newbie here. I want to open up a CDS account. My sifu suggested m+ for low brokage fee. However , at this moment , i found out their CS and service quality is bad. Lots of review in social med advise they register and went to the branch but no response even after 2 months. So, i m planning to go for other alternative. Skimmed to other thread and some of them mention rakuten is changing some of their fees policy. My question , is Rakuten still relevant at this time ? Or i should wait patiently for M+ , or perhaps just go with cimb i-trade as my primary salary account is with cimb ? Help me please sifu rclxub.gif
annoymous1234
post Aug 23 2020, 01:16 AM

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Let's say if the market opens and the price is higher than my sell order price, will it auto sell?

XweienX
post Aug 23 2020, 10:40 AM

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QUOTE(XweienX @ Aug 4 2020, 12:01 PM)
I just came back from M+ branch, after sign everything d the guy say at least need wait 1 month for account to open
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Just to update you all, I received the email last Friday and I can already access the platform, everything is good.

So it took about 17 days for me. YMMV.
mroys@lyn
post Aug 24 2020, 01:02 PM

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Rakuten backs to normal. new normal, you will receive news/updates after morning peak is over.
Gold_Moderator
post Aug 24 2020, 01:07 PM

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QUOTE(mroys@lyn @ Aug 24 2020, 01:02 PM)
Rakuten backs to normal. new normal, you will receive news/updates after morning peak is over.
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mostly shifted to M+ now.


mroys@lyn
post Aug 24 2020, 01:57 PM

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QUOTE(Gold_Moderator @ Aug 24 2020, 01:07 PM)
mostly shifted to M+ now.
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haha... that's why no more connection issue now biggrin.gif
Gold_Moderator
post Aug 24 2020, 02:21 PM

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QUOTE(mroys@lyn @ Aug 24 2020, 01:57 PM)
haha... that's why no more connection issue now  biggrin.gif
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Haha. Hopefully.
Krv23490
post Aug 24 2020, 05:41 PM

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hey guys, asking for a friend, my friend's order rejected due to 'order may match same beneficiary'

any idea what this means ?
hellkvr
post Aug 25 2020, 06:40 PM

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Rakuten seems to improved alot. I hope by the time end of september they have fully ugrade theirs system
tadashi987
post Aug 25 2020, 11:21 PM

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QUOTE(hellkvr @ Aug 25 2020, 06:40 PM)
Rakuten seems to improved alot. I hope by the time end of september they have fully ugrade theirs system
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yeah, by this they're still able to hold customers thou reputation is spoilt a bit, since so far only they are able to support the fastest account opening doh.gif
luke skywalker
post Aug 26 2020, 09:55 AM

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Hang???
infested_ysy
post Aug 26 2020, 09:59 AM

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QUOTE(tadashi987 @ Aug 25 2020, 11:21 PM)
yeah, by this they're still able to hold customers thou reputation is spoilt a bit, since so far only they are able to support the fastest account opening  doh.gif
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Ya man. I tried to open an M+ account when I got a little fed up with the rakulag experience a few weeks ago, but until now M+ still haven't contacted me to proceed with the next step lmao

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