Can. The only rule is that u can only have 1 direct account per broker.

N there is no difference between reits n stocks.

Yes u should get the dividends.

Certain securities are currently exempted from stamp duty. These are mid-cap stocks, structured warrants (C and H warrants) and etfs. Ths exemption is not for Rakuten only but by all brokerages.

Maybe you are referring to this?

Usually 1-2 days after entitlement date. Double check on the ompany announcement.

It's legit. Joint venture between Kenanga and Rakuten of Japan. Licensed by the SC.

Out of curiosity, which Malaysian broker website or app look advanced to you?

This post has been edited by Cubalagi: Oct 23 2019, 03:35 AM

ETORO is not licensed in Malaysia, so u don't get any Malaysian investor protection laws like asset security, claims n compensation. U take that risk.

Most Malaysian brokers uses the same 2 IT vendors for their retail broking front end. Excel force or N2N. Maybank I think uses Excelforce. I prefer the Excelforce look as well.

I think Rakuten uses their own system.

I didn't give my payslip. Just scanned my Malaysian bank account.


I can't really recall about the pin, whether u get a default first, But you set it yourself.

U can call their hotline or wassap them if u have any Q. Quite fast response (not sure abt this long weekend though).

Takut end.. 😆

Only Bursa Malaysia.

Which Bank? N what do u mean by 0 knowlege? 0 knowledge of stock market?

This post has been edited by Cubalagi: Nov 8 2019, 10:48 PM

Not Rakuten Malaysia.

U mean dividend handling charges? No, its free.

I haven't traded contra in Rakuten. But I think should be by end of tomorrow, T+2.

I will put in RM2620 in one stock every 3 months for RM7 brokerage.

Ask them to be sure, but I think it should still be considered an online trade.

I rather Rakuten figure out how I can buy Goldetf without having to call and wait for two hours.

I guess Rakuten want to encourage more contra trading nowadays. Their contra brokerage is same as cash upfront.

No, you need to met face-face. Either go to the branch or arrange an appointment for a rep to meet u somewhere.

U wait for the trade to settle, and then request for withdrawal.

Firstly u are using the wrong list. Trading Particpaints refer to Futures Trading brokers. For equities broker, find the list called Participating Organisations, this is where u will find all the IBs and other securities broker.

Having said that Rakuten is not on the PO list too as it is not a full fledged PO. Rakuten has a special license granted by the SC, and is a JV between Kenanga IB and Rakuten Japan.

How safe is ur money if this JV go bust? I think reasonably safe coz Malaysian securities laws are pretty strict when it comes to client money and shares. The same law applies to Rakuten.

Also Lehman went bust because a lot of prop trading positions. Rakuten is pure execution broker.

P/S I do have Rakuten account, but it's not my primary brokering acount.

This post has been edited by Cubalagi: Apr 12 2020, 09:51 PM