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 Rakuten Trade, A new online trading platform

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mr_hustla
post Apr 6 2019, 01:42 AM

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when Rakuten want to implement cut-loss function??? very slow la Rakuten
[Ancient]-XinG-
post Apr 6 2019, 07:58 AM

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QUOTE(mr_hustla @ Apr 6 2019, 01:41 AM)
Rakuten use CDS nominee under Kenanga. So you will not receive any hard copy quarterly report for any share you hold. Even if you want to attend AGM, you have to let Rakuten knows as the share is under Kenanga Nominees not your name.
*
Now wonder so easy open account.

Is M+ the same as RT?

M+ need face to face apply.
muhammadb
post Apr 6 2019, 02:10 PM

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QUOTE(mr_hustla @ Apr 6 2019, 01:42 AM)
when Rakuten want to implement cut-loss function??? very slow la Rakuten
*
+1

This is becoming necessary now - since market is very volatile nowadays. Even though if you are a long term investors.
The amount of percentage drop for some counters, is really scary - like Dayang.
muhammadb
post Apr 6 2019, 02:13 PM

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QUOTE(mr_hustla @ Apr 6 2019, 01:41 AM)
Rakuten use CDS nominee under Kenanga. So you will not receive any hard copy quarterly report for any share you hold. Even if you want to attend AGM, you have to let Rakuten knows as the share is under Kenanga Nominees not your name.
*
Some small time investor, prefer privacy, so nominee CDS account is the way.
Quarterly report, get an online pdf version, easier, less messy to kept in the house or to throw it away.
[Ancient]-XinG-
post Apr 6 2019, 03:14 PM

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QUOTE(muhammadb @ Apr 6 2019, 02:13 PM)
Some small time investor, prefer privacy, so nominee CDS account is the way.
Quarterly report, get an online pdf version, easier, less messy to kept in the house or to throw it away.
*
in term of investment, I am very high alert.

Is RT consider safe? Since its a "nominee" account?

And why small time investor need privacy? Anything related?

I am just curious.
mr_hustla
post Apr 7 2019, 12:55 AM

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QUOTE(Ancient-XinG- @ Apr 6 2019, 07:58 AM)
Now wonder so easy open account.

Is M+ the same as RT?

M+ need face to face apply.
*
M+ is different. CDS is under your name, not nominee. I also have M+ account. Their live trade screen is much better than Rakuten and also have interactive chart by Chartnexus. Brokerage fee also very good if you are using cash only account.

For contra account, Rakuten is better. Rakuten need to improve on trading limit value. Now need to wait until end of trading then they will update the trading limit value. Too slow
mr_hustla
post Apr 7 2019, 01:03 AM

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QUOTE(muhammadb @ Apr 6 2019, 02:10 PM)
+1

This is becoming necessary now - since market is very volatile nowadays. Even though if you are a long term investors.
The amount of percentage drop for some counters, is really scary - like Dayang.
*
I have been asking Rakuten to implement it since Day 1 i open the account with them. Call their customer service, send multiple email, yet the answer is "We going to send the proposal to management". Cut loss is very very important function. So, we no need to worry so much about the stock.

Yes Dayang is the right example for this. If we are full day trader then it should be no problem, but a lot of people don't have the luxury to become full day trader.
[Ancient]-XinG-
post Apr 7 2019, 09:57 AM

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QUOTE(mr_hustla @ Apr 7 2019, 12:55 AM)
M+ is different. CDS is under your name, not nominee. I also have M+ account. Their live trade screen is much better than Rakuten and also have interactive chart by Chartnexus. Brokerage fee also very good if you are using cash only account.

For contra account, Rakuten is better. Rakuten need to improve on trading limit value. Now need to wait until end of trading then they will update the trading limit value. Too slow
*
In this digitalized era, what's your opinion on going the traditional way creating trading account vs going online?

Bursa marketplace now they are promoting having trading account and they will assist all the way until the first successful trade...

I am having dilemma using RT or wait for FSMone....

So far RT is the cheapest if not mistaken...

Up to now I just want to buy REIT for the time being.
mr_hustla
post Apr 7 2019, 12:44 PM

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QUOTE(Ancient-XinG- @ Apr 7 2019, 09:57 AM)
In this digitalized era, what's your opinion on going the traditional way creating  trading account vs going online?

Bursa marketplace now they are promoting having trading account and they will assist all the way until the first successful trade...

I am having dilemma using RT or wait for FSMone....

So far RT is the cheapest if not mistaken...

Up to now I just want to buy REIT for the time being.
*
i would say its better and more efficient to open trading account online. government want more and more public to own/invest in stock market. they are making it easier for public to invest.

first you need to ask why you want to use FSM? its more to own trust fund and trade bonds.

if you want to own REIT like SUNREIT, IGBREIT, KLCC, etc that are listed in Bursa Malaysia, go with stock broker company i.e Rakuten, M+ which give the cheapest trading fee and good trading platform.

since 18th December, REIT sector have been outperforming KLCI by 9%.

[Ancient]-XinG-
post Apr 7 2019, 06:37 PM

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QUOTE(mr_hustla @ Apr 7 2019, 12:44 PM)
i would say its better and more efficient to open trading account online. government want more and more public to own/invest in stock market. they are making it easier for public to invest.

first you need to ask why you want to use FSM? its more to own trust fund and trade bonds.

if you want to own REIT like SUNREIT, IGBREIT, KLCC, etc that are listed in Bursa Malaysia, go with stock broker company i.e Rakuten, M+ which give the cheapest trading fee and good trading platform.

since 18th December, REIT sector have been outperforming KLCI by 9%.
*
FSM because I am with them for years. In SG and HK, they provide facilities to buy stock buy not in MY. Their recent changes I think they hinting to intro stock too. Just not sure when. Since I have acc with them, its easier for me, all for one.

But now what I see RT quite cheap. But 1 thing is the nominee account. Sorry for noob question, if RT went kaput, how is our holding? Who shall we claim from?
mr_hustla
post Apr 7 2019, 07:23 PM

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QUOTE(Ancient-XinG- @ Apr 7 2019, 06:37 PM)
FSM because I am with them for years. In SG and HK, they provide facilities to buy stock buy not in MY. Their recent changes I think they hinting to intro stock too. Just not sure when. Since I have acc with them, its easier for me, all for one.

But now what I see RT quite cheap. But 1 thing is the nominee account. Sorry for noob question, if RT went kaput, how is our holding? Who shall we claim from?
*
I am not quite sure what happen if RT kaput. Just we can make a complaint to SC through SIDREC. But that is claim up to 250k.
exdtan
post Apr 8 2019, 01:00 PM

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QUOTE(mr_hustla @ Apr 7 2019, 07:23 PM)
I am not quite sure what happen if RT kaput. Just we can make a complaint to SC through SIDREC. But that is claim up to 250k.
*
you mean 250k for individual or in total for all nominee ??
Solskjaer66
post Apr 23 2019, 05:34 PM

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Hi, i'm using KLSE Screener to track my stks..... can anyone advise how to adjust the fee Setting correctly to align with RT fees?
neverfap
post Apr 30 2019, 10:16 AM

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Hi

Plan to open both account later. Is there any annual charges for the accounts? Or just one time Rm10 and fees will only needed when trading is made?

Is the referral compulsory?

Thanks smile.gif
chickenessence
post May 1 2019, 11:26 AM

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» Click to show Spoiler - click again to hide... «


Guys,
question about dividend.
We are eligible to dividend payout as long we purchased before ex- date right?

under my Rakuten Trade transaction history, share settlement, the date appeared to be 3 or 5 days from the day the orders are matched.

eg:
i make a buy order and matched on 20 Apr,
Ex date is 24 Apr,
But under the share settlement, the date is 25 Apr. And because of this, i think likely not entitled to dividend payout i guess?

Any comments? anyone encounter this?
Is it just rakuten trade that the share settlement is like 3 to 5 days from the day the order is matched? and not on the day the order is matched?

infested_ysy
post May 9 2019, 12:57 AM

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Anyone here attended AGM through being a share holder from Rakuten Trade?

How do you apply to attend?
chickenessence
post May 16 2019, 09:17 PM

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QUOTE(chickenessence @ May 1 2019, 11:26 AM)
» Click to show Spoiler - click again to hide... «


Guys,
question about dividend.
We are eligible to dividend payout as long we purchased before ex- date right?

under my Rakuten Trade transaction history, share settlement, the date appeared to be 3 or 5 days from the day the orders are matched.

eg:
i make a buy order and matched on 20 Apr,
Ex date is 24 Apr,
But under the share settlement, the date is 25 Apr. And because of this, i think likely not entitled to dividend payout i guess?

Any comments? anyone encounter this?
Is it just rakuten trade that the share settlement is like 3 to 5 days from the day the order is matched? and not on the day the order is matched?
*
No one has any answer?
But seem like this is not an issue.. as long buy before ex-date, then should be eligible for dividend
goliath84
post May 17 2019, 08:58 AM

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QUOTE(chickenessence @ May 16 2019, 09:17 PM)
No one has any answer?
But seem like this is not an issue.. as long buy before ex-date, then should be eligible for dividend
*
As long as you buy or hold the share before the ex-date, u are entitle for the dividend rclxms.gif
liewhoho1
post May 17 2019, 03:54 PM

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Is rakuten still a good place to trade stocks? I just only registered, planning to buy a few stocks. Any sifu can advise?
Morales
post May 19 2019, 11:29 AM

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QUOTE(liewhoho1 @ May 17 2019, 03:54 PM)
Is rakuten still a good place to trade stocks? I just only registered, planning to buy a few stocks. Any sifu can advise?
*
you gotta mention more info on "good place"... not sure what are you looking for. your question too general already.

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