Rakuten biggest weakness is too little US Stock about 1000 only.
I have to switch to other company due to this problem.

I don't know why they cannot support ALL US stock trade.
This is a very serious problem.

Tell us no point 🤦‍♀️ instead email them your suggestion

Because they are fees and charges when they are using IBkR backend 🤦‍♀️ hence limited stocks which means the cost savings passed down to consumers

I don’t see any a serious problem 🤦‍♀️ you got the understand why they do it in the 1st place

To make your life Simple just buy everything at IBKR instead 🤦‍♀️

The latest bump of fees just too much for the profit to cover

End up loss making for me when selling

The fees didn’t bump 🤦‍♀️ because if you trade in RM the fees looks bigger because of the RM depreciation to rm4.60 range

That is why when you sell you have to make sure at least 5% above your buying price to cover the charges

Does anyone know if holding US Treasury ETF like TLT in Rakuten will get refunded the Qualified Interest Income every year like IBKR?

Unlikely anyone will buy TLT on Rakuten 🤦‍♀️ while paying more than 5x in fees just to buy and sell it

What do you mean by 5x in fees

Rakuten Min fee is USD1.88 and up to maximum of USD25 per trade while IBKR you pay flat USD0.35 per trade hence why minimum 5x the fees or more 🤦‍♀️

Rakuten min fee is something like this now

hi, i'm trying to transfer out my warrant shares to CDS account

but the transferable amount is less than my current holding volume...

may i know why is the transferable amount doesnt tally with my holding volume?

wow, even if U$ is RM4.70, U$1.88 is only RM8.84 only.

Wait, below RM900 its RM1 right?

RM1.00 or 1%, whichever is higher. so RM900 is RM9

Guys, may I know does the margin account is applicable to trade in Bursa, US & HK market as well? Thank you.

Hi. Am new to this. What sort of fees/taxes are we looking at when we buy or sell a stock, especially US stock?

Read above already posted the fee 🤦‍♀️

Thanks. I have read around, and somebody mentioned 30% tax after sale? Is this true?

That is withholding tax 🤦‍♀️ only on dividends not the actual holding of stocks so don’t worry too much about it unless you are buying dividends heavy stock

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This post has been edited by jerrymouse: Aug 30 2023, 03:25 PM

i was just wonder why rakuten trade doesnt have an iphone app ?