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 Rakuten Trade, A new online trading platform

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IwanAGP
post May 20 2020, 08:24 PM

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Hi I tried to search in Rakuten website but couldn't get the info.
If I key in order after trading hours what will happen? If I want an order to execute coming trading day, what should I do?

Besides that, anyone used Market Order on Rakuten? How is it? Will the buy price be higher/sell price be lower than the best buy/best sell?

Thanks
IwanAGP
post May 21 2020, 09:29 AM

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QUOTE(CasualMax @ May 21 2020, 09:19 AM)
You can do so by setting up limit order and make sure GTD is at least tomorrow or days after that. Then your order will be acknowledged and will be queued on the next trading day.

Market order is order which will fulfill based on best buy/sell. It will only be different with best buy/sell only if your queue is slower than others where the best buy/sell quota is not enough to fulfill your order (seconds of lag or delay that causes this, might happen especially during peak hours where multiple trading platform crash). I hope this clarifies.
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Hey thanks for the reply.

Seems like the main problem with Rakuten is that it's not able to cope up with order processing. I have keyed in my buy order for almost 15 mins now still not processed. Wow I'm unimpressed haha
IwanAGP
post May 22 2020, 09:11 AM

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QUOTE(kucingfight @ May 21 2020, 11:37 PM)
to be fair, i have not faced any order placement issues for past 2 months. have been actively trading since

my only gripe past few days is unable to log in @ 9am sharp. takes around 10-15mins later then it's ok
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That's the exact problem lo haha. Order placement issue during market open/major sell timing. So deadly eh.
IwanAGP
post May 22 2020, 10:06 AM

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QUOTE(syirbiznatch @ May 22 2020, 10:05 AM)
Noob asking.

If i buy in 'Limit Order', I must sell in 'Limit Order" too right?

When I sell in Market Order, the amount shown N/A
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I haven't try yet. Curious to know the answer also haha

IwanAGP
post May 25 2020, 01:40 AM

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QUOTE(pw8799 @ May 24 2020, 09:43 PM)
Do you mean I nned to transfer the money from my bank to rakuten account? How to do that? Of just ensure sufficient money inside the bank account, and just link the bank Acc to rakuten account, and the transaction will be done automatically if I choose limit order?
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Suggest you run through rakuten own tutorial first. They got a number of videos showing those.

Btw if you haven't understand the system well enough. Suggest you to not buy anything yet. Understand a bit more before making the move. Good luck for your trades.
IwanAGP
post May 27 2020, 06:17 PM

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QUOTE(pxian @ May 27 2020, 01:49 PM)
Same here, the login page keep showing that it is under maintenance  sad.gif
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No issue eh
IwanAGP
post May 31 2020, 04:53 PM

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QUOTE(tiongkeat @ May 31 2020, 04:18 PM)
the current interest rate is 1.25 per annum?
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Interest on cash?
IwanAGP
post Jun 1 2020, 12:12 AM

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QUOTE(tiongkeat @ May 31 2020, 11:36 PM)
Ya on the cash in the account
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Don't keep much cash in the account biggrin.gif
IwanAGP
post Jun 1 2020, 07:49 PM

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QUOTE(cyanbleu @ Jun 1 2020, 10:12 AM)
Anyone know why I kena stamp duty even though RT exempt for small/mid cap? My investing company market cap 750m, somehow I kena the duty. Totally didn't factor in this duty as losses, sold too soon and made lesser than I expected. Abit zz
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The list is from Bursa and is not everyday update one if not wrong. Only updated yearly I think. That's why some gloves counter now capital grow over the limit but still no stamp duty haha

https://www.bursamalaysia.com/trade/our_pro..._exemption_list

Btw is not Rakuten exempt but Bursa exempted. So on the time of trade if it's not on the list either it has shrunk in market cap or grow to RM200 mil, it won't be exempted still.

This post has been edited by IwanAGP: Jun 1 2020, 07:52 PM
IwanAGP
post Jun 2 2020, 09:43 PM

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QUOTE(SwarmTroll @ Jun 2 2020, 12:18 PM)
Question guys, If I perform two transactions for the same stock/counter. Will I be charged double for the transaction cost? I mistakenly bought the wrong amount and proceeded to buy my total wanted amount on the second transaction. In my orders I see two transactions, but in my trade history it seems to have merged both transactions into one? Thus only charged the transaction cost of 1 transaction?
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That is quite common for trading. Let say if you buy specified number of lot on Market Order, it will match at different prices. But is 1 transaction for the day. Sell is another transaction. Then rakuten got rebate for the broker fees only.
IwanAGP
post Jun 7 2020, 04:20 PM

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QUOTE(Kar Weng @ Jun 7 2020, 09:25 AM)
Forever having maintenance but never improving
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I actually think it's better already. 2 3 weeks back even worse.
IwanAGP
post Jun 9 2020, 09:06 AM

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GG haha. Market's moving but can't do anything. Close eyes
IwanAGP
post Jun 9 2020, 09:17 AM

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QUOTE(AsTiGaTe @ Jun 9 2020, 09:15 AM)
now can access d.
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Can access also cannot sell haha
IwanAGP
post Jun 9 2020, 03:34 PM

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QUOTE(annoymous1234 @ Jun 9 2020, 03:33 PM)
wth, one of my stock went missing from my portfolio.
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Contra picked up?
IwanAGP
post Jun 11 2020, 01:39 AM

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QUOTE(creeleline @ Jun 11 2020, 12:45 AM)
How to check whether rakuten have given us back the capital that we invested cause I forgot to check as I sold the shares and just check the profits returned, didn't realize that day whether they got return the capital to us...

The capital and profits should be immediately returned to us once we sold off right?
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Cash account and contra picked-up shares is T+2. You will receive back the cash value/capital after T+2. Unless it's still within contra period then no need T+2. You better double check your portfolio value whether it's correct. Seems like many have issue. I didn't do any trades for almost 1 week so don't bother haha
IwanAGP
post Jun 11 2020, 10:32 PM

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QUOTE(zz287963 @ Jun 11 2020, 05:58 PM)
Anyone knows why is there high price in buying and low price in selling but never match?
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QUOTE(zz287963 @ Jun 11 2020, 09:45 PM)
So how would they determine which price is it? Is it based on the highest volume?
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https://www.bursamalaysia.com/sites/5bb54be...Price__TOP_.pdf

For your reading. I read but can't remember haha.
Still some people downplay the system. Sometimes during pre-close you see the price jump down more than 5 steps market depth.
IwanAGP
post Jun 13 2020, 03:05 PM

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QUOTE(abcn1n @ Jun 13 2020, 12:42 AM)
Wow. Thanks. Didn't know about the pre-opening and pre-closing pricing algo  although have seen many times those 'funny market depth'.
*

THe mechanism is to prevent people manipulate but I think still sometimes it's manipulated. Price go down many steps at closing.
IwanAGP
post Jun 18 2020, 09:59 AM

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QUOTE(AsTiGaTe @ Jun 18 2020, 09:52 AM)
minimum rm8. of course rakuten cheaper, but whats the use if its cheap and get useless service.
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Minimum RM8 ok what. How many times you going to buy in rakuten < RM1k? Above RM1k is min RM9 mah.
IwanAGP
post Jun 18 2020, 10:39 AM

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Android app can login. Not doing any transaction though can't verify whether working for orders.
IwanAGP
post Jun 19 2020, 10:13 PM

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QUOTE(jianwei90 @ Jun 19 2020, 09:34 PM)
Is there any monthly or yearly fees/charges that we need to pay to m+ for the brokerage service provided I wonder..
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They make enough just from the fees. "Kopi Money"

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