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 Rakuten Trade, A new online trading platform

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Asus
post Apr 16 2020, 11:04 PM

VXR 200
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anyone manage to get their rakumargin account approved?
Asus
post May 4 2020, 09:18 AM

VXR 200
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Senior Member
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rakuten platform is the worst..order keyed in will get stuck with no acknowledgement more than 20mins this morning..prepare to get burn !!

This post has been edited by Asus: May 4 2020, 09:18 AM
Asus
post May 4 2020, 09:24 PM

VXR 200
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Senior Member
2,800 posts

Joined: Jan 2003
From: KL / SGOR




QUOTE(zulfadzlis @ May 4 2020, 09:21 PM)
Sifus, do you buy stock on market order or limit order ? I ordered some on limit order but it was not matched. Should I go for market order ? Can I definitely buy the stock using market order ?
*
just enter at the available sell price la straight away matched hmm.gif
Asus
post May 4 2020, 10:02 PM

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QUOTE(zulfadzlis @ May 4 2020, 09:32 PM)
Let's say if I want to buy 10,000 units, will all the 10,000 units be sold at market price or will it have different prices for each unit ? For example, market price is RM0.70, then will it be the same price for all the 10,000 units ? Or will be like this :

First 2000 units = RM0.70
2nd  3000 units = RM0.73
last. 5000 units = RM0.75
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i gave u example of Ekovest stock below..

there is 847,000 available for you to buy at RM0.505..if you wanna buy 1,000,000 you will only matched at 847,000

the balance of 153,000 will then turn to left column become best buy at RM0.505

if someone sell his shares at RM0.505 for 200,000, you will be matched at all your remaining balance of 153,000 at RM0.505

but if no one sell his shares at RM0.505 price and price goes up, u will only get 847,000 unless u up your entry price to get the remaining balance 153,000 to match. please remember that your share price will be average out later. if u buy high you average price will be higher, if you buy low your average price will become lower.

and when market close, your order will be cancel. you have to purchase again tomorrow at RM0.505 sen if its available.

if you cannot brain this, i suggest just stay away from burning money in the stock markets. please attend some class or learn to trade out of the market using bursa marketplace something like that to learn first..

user posted image

This post has been edited by Asus: May 4 2020, 10:05 PM
Asus
post May 5 2020, 08:48 PM

VXR 200
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From: KL / SGOR




QUOTE(ZeneticX @ May 5 2020, 10:47 AM)
guys, how long before I'm allowed to withdraw cash from my account after sell order had been fulfilled?

I can only see the amount as trading limit but not as cash to withdraw
*
On T+2 if im not mistaken..
Asus
post May 14 2020, 04:07 PM

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From: KL / SGOR




can we report them to any authorities? who should bear the losses when we cant even enter into our account
Asus
post May 14 2020, 09:51 PM

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anyone managed to open their margin account?

 

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