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 Rakuten Trade, A new online trading platform

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[Ancient]-XinG-
post Apr 5 2019, 06:59 AM

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QUOTE(djhenry91 @ Mar 20 2019, 12:39 PM)
Nominees ma no surprise open fast hehe
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So is it true that all the transection done are under the name of rakuten trade and they are just middle man?

So will we have our statement that printed out name? And our mailing address?
[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.
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Now wonder so easy open account.

Is M+ the same as RT?

M+ need face to face apply.
[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.
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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.
[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
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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.
[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%.
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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?
[Ancient]-XinG-
post Jul 30 2020, 03:40 PM

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QUOTE(kucingfight @ Jul 30 2020, 02:48 PM)
i applied 2 times actually, first time was rejected due to some doc naming issue.
then 2nd time was around 5 weeks after doc submission

niameh...afternoon session RT also cannot log in? wth
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5 weeks? Waaa
[Ancient]-XinG-
post Aug 10 2020, 11:36 AM

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WTF RT WTFFFFF
aduhh
[Ancient]-XinG-
post Aug 13 2020, 12:09 PM

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hi is it only me? why still down for maintainence

 

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