12 lot or 12 units?

Weird hmm

some questions.
1. can i open an acct in rakuten online without physical present at their office?

2. i hv a kenanga cds, can i link this to rakuten as my trading share deposit acct?

3. rakuten charges is competitive if compare against hleb?

I calculated its fees and FX rate when compared to WISE > IBKR. Using wise fee calculator then compare with Rakuten FX (it will show when u go into a US stock). Then just use example Tesla stock and count its cost via Wise calculator vs Rakuten FX rate. Can count for one stock or multiple stocks.

Wise calculator here:
https://wise.com/my/pricing/send-money

Rakuten FX rate:


Pretty much they trying to compete with Wise. The difference is just a few cents after factor in Wise fees for sending money, and Rakuten higher FX exchange rate.

However Rakuten has more expensive fees of around RM7-9 per US stock or ETF per trade. While IBKR charges the standard USD 0.35 cent a trade for Tiered pricing.

If you do a lot day trading or any trading, then stick to IBKR. If one month just trade once/ a few times then Rakuten Trade seems more convenient and better.

Right now wanna compare other things like their user interface and in the event of death etc will the process be easier than IBKR? Since Rakuten based here some policies might be different.

Then since Rakuten can FPX to deposit money and convert internally, don't have to wait for wise to process next day only can get money in IBKR. Basically one day lost if you need to get a stock on same day.

Why did they erased my trade history tho?

Is it the same with everybody?