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 Rakuten Trade, A new online trading platform

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IwanAGP
post Feb 16 2021, 10:06 PM

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QUOTE(1tanmee @ Feb 16 2021, 09:36 PM)
Don't Rakuten send email for buy/sell transactions performed? Bought some lots on 10/2 but no emails..
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Went into junk maybe?
IwanAGP
post Mar 7 2021, 09:37 PM

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QUOTE(Joshua_0718 @ Mar 7 2021, 05:14 PM)
How can I find referral code? Would like to share it out.
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In the desktop view -> RT Points -> Referral


IwanAGP
post Mar 8 2021, 11:08 PM

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QUOTE(Rakuten Trade @ Mar 8 2021, 02:20 PM)
Hi Riri. I saw your comment on this on another thread earlier. Like what most forumers mentioned, we do not have the cut loss function at the moment.

The sell function you use earlier is the normal sell function which allows you to sell at the specific price you want (provided its higher than the sell price traded at that point of time, else it will be matched immediately if you place the sell price lower)
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Congratulations getting out from Probation icon_idea.gif

Btw... When is STOP LOSS/ORDER function coming to Rakuten?? Besides that, when are you all going to revamp the app and website UI? Looking dated and not so user friendly in some ways.
IwanAGP
post Mar 9 2021, 09:37 PM

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QUOTE(RiriRuruRara @ Mar 9 2021, 03:10 PM)
Thank you for the reply, just wanted to confirm...Now i understand. Very happy with Rakuten platform smile.gif
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No no no no say you not happy no cut loss so Rakuten fast fast implement cut loss function brows.gif
IwanAGP
post Mar 11 2021, 09:27 PM

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QUOTE(lee90 @ Mar 11 2021, 10:53 AM)
I saw in their website its 1%? wondering how this 1% computed? base on the lowest balance of the month or overnight interest?

> found the answer from previous post, computed daily.

Thanks
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But it's not credited daily if not wrong. I see the same number over many days before it changes leh haha
IwanAGP
post Mar 12 2021, 09:25 PM

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QUOTE(arsenal @ Mar 12 2021, 11:02 AM)
Can help?
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More than that. If buy around RM3-4k worth it's easily 13-15 d. It also depends on whether the stock exempt from paying certain fees. You gotta read yourself really.
IwanAGP
post Mar 30 2021, 09:24 PM

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QUOTE(Morales @ Mar 29 2021, 08:55 AM)
[attachmentid=10824284]

Rakuten Trade going global soon. But not sure whether only US only or with other exchanges too.
It was announced this morning on their Telegram group.
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Yet still no stop loss function. Sad...
IwanAGP
post Apr 13 2021, 12:36 AM

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QUOTE(RiriRuruRara @ Apr 12 2021, 11:10 PM)
Today I received an email from rakuten saying sorry if we called you a wrong name, did anyone else get this email?

Asking bcs I didn't make any complaint or anything...
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They sent the email on the rakuten webinar or something. The email got address our names. In the first email, they got the wrong name haha. I was wondering why rakuten sent an email to me but calling a different name. After that they sent another email that you saw haha
IwanAGP
post Apr 20 2021, 09:44 PM

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QUOTE(shawnme @ Apr 20 2021, 06:42 PM)
Does Rakuten inform if account opening has issues?..

Web said 2 hours. So far nothing.
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2 hours? Wait long long haha. More like 1 day
IwanAGP
post May 1 2021, 05:41 PM

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QUOTE(Gold_Moderator @ May 1 2021, 02:30 PM)
said can foreign trade  in april.
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Did they mention? But which market you looking to trade?

I rather they optimize the current web/mobile layout first and add stop order function.
IwanAGP
post May 11 2021, 11:08 PM

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Anyone has any idea what's this brokerage rebate thing at the top just to the side of Rakuten Trade Points? Can use the points to pay for brokerage fees?
IwanAGP
post May 13 2021, 12:00 AM

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QUOTE(jian5481 @ May 12 2021, 08:34 PM)
You can refer to this: https://www.rakutentrade.my/brokerage-rebate

When you make the order, you should see this checkbox below:

user posted image
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Ohhh haven't make trade for some time d haha like 1 month
IwanAGP
post Jun 4 2021, 08:22 AM

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QUOTE(customer2 @ Jun 3 2021, 02:09 PM)
Hi Guys,

I am facing partial match problem from Rakuten. I am buying a very small quantity eg: 50 ~ 100 units of stock and Rakuten always purchase 1 unit with partial matching and charge me RM7+ for the brokerage fee, the remaining 99 units are pending.

I have faced this partial matching of purchasing 1 unit twice. It is very frustrating they keep charging me brokerage fee for this.

Why is this?
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You buying odd lot? If you buy board lot should not be a problem. I take it when you say 50-100 unit you referring to 0.5 to 1 lot??
IwanAGP
post Jun 4 2021, 06:46 PM

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QUOTE(customer2 @ Jun 4 2021, 10:23 AM)
Okay okay, I know it now, I should go for board lot instead of odd lot.
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The difference is that 99% of the market is trading on board lot. Odd lots are rare. Your chances of getting partially matched when buying Odd lots are much higher. You can almost only buy/sell what's at the queue unless someone let it go to you. If you don't care about buy/sell price, you can use market order to buy at whatever price share available then you won't get partial match issue.

In example, a share issued free units as dividend to share holder let say 7 units for every 1 lot (100 units). If shareholders get this 7 unit, either they just keep it or they sell it as Odd Lot. Hence why the number of odd units selling in the market is much lower as 99% of shareholders are holding whole numbers lot size of 100 units each. So if I got that 7 units, I can only sell look at the Odd Lot queue and see what price the sellers are selling at. If you monitor, you will see Odd lot queues jump much slower as the number of traders selling/buying odd lot are much lower.

If you sell/buy at Board Lot, chances are you get matched pretty quickly.
IwanAGP
post Jun 7 2021, 09:58 PM

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QUOTE(Ya Rerd @ Jun 7 2021, 02:50 PM)
Hi all,

Anyone knows if I perform a "Transfer Out", will it show as a realized profit/loss on my portfolio?
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Transfer shares out? Or transfer money out?
IwanAGP
post Jul 30 2021, 11:44 PM

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QUOTE(RigerZ @ Jul 30 2021, 04:28 PM)
So if in this example, I want to sell off all my warrants, I need to make 2 separate transactions of 4 board lots + 50 odd lots?
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It depends on the price and volume available. If you are OK with the Best Buy price in Odd Lot, just sell it one shot la. I'm not sure if you sell Odd and Board lot separately how's the charges going to be whether there's any additional transaction fee. Besides that, for this warrant, the value around RM30. Deduct transaction fee not much left laugh.gif

This post has been edited by IwanAGP: Jul 30 2021, 11:45 PM
IwanAGP
post Jul 31 2021, 03:19 PM

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QUOTE(RigerZ @ Jul 31 2021, 09:23 AM)
But rakuten only limits to 99 odd lots? if i try to sell more than that it says invalid amount
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Oh is it? No idea laugh.gif
IwanAGP
post Aug 2 2021, 08:56 PM

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QUOTE(RigerZ @ Aug 2 2021, 11:45 AM)
Welp.

Is this normal for other platforms?
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Not all platform supports odd lot selling. Some may have to sell through remisier which may cost more.

Why not you reply that email and ask about transaction cost if you sell it on same day? Whether they charge once or twice.
IwanAGP
post Aug 4 2021, 12:59 AM

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QUOTE(RigerZ @ Aug 3 2021, 09:50 AM)
---
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Then you just sell the board lot lo keep the odd lot for fun.
IwanAGP
post Nov 7 2021, 01:43 PM

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QUOTE(xander83 @ Nov 6 2021, 10:08 PM)
When you set trade the number lots are fixed when you put up the trade at the price itself for it to be matched

There is no way you can do full 1000 only to match 500 because it is all set to be match in price and lot volume  ultimately  doh.gif
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He's using Contra account, asking about picking up stock in Contra account. As the the stock he purchased on Contra, needed to be picked up (sort of like confirm pay money) before the end of T+2. No idea how to pickup partial.


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