they are having a roadshow at quill city mall tomorrow together with AA Big Points.
if you havent open an account you may go there and do so. successful CDS payment will grant you 800 RT points

yup

dividend will be credited 5 working days after payment date

anyone attending their expresso workshop at Bangsar this wednesday?

The CDS number is the number stated in the account tabs under the dashboard. One CDS is only for 1 trading account.

I think you will receive the dividend tax voucher whenever the dividend credited into your RT account.

anyone went to their market outlook workshop yesterday?

missed it due to work.

Nope. No issues.

wow they revised their contra account brokerage fees.

now both their cash upfront and contra account fees are the same.

interesting

and anyone aware that SST charges on brokerage starts today?

if you are referring to the SST charges then yes.

effective from 1st March 2019

nope. nominees account cannot apply for IPO

Rakuten Trade launches revamped Contra 2.0 with lower brokerage fees

KUALA LUMPUR (March 6): Rakuten Trade Sdn Bhd has launched its revamped contra trading platform, Contra 2.0, with features aimed at improving investors' trading experience.

Speaking at its launch today, Rakuten Trade managing director Kaoru Arai said the platform features a reduction in brokerage fees as well as a Day Trade Rebate Programme, in response to requests from its clients.

The brokerage fees for the contra account now mirrors Rakuten Trade's Cash Upfront facility, with fees ranging between RM7 and a fixed maximum of RM100, compared to RM8 to 0.15% of trading value equal to and above RM100,000 previously.

Meanwhile, the Day Trade Rebate Programme offers a rebate on the 'sell' brokerage fees for investors who buy and sell the same counter, within the same day.

"Contra 2.0 is game-changing. It completely revolutionises the contra trading platform currently available.

"Our objective was to encourage more people to trade online and we believe that by keeping things simple such as reducing our brokerage fees and adding a Day Trade Rebate Programme on top of the current Contra Trading platform, we can do exactly that," said Arai.

He added that Rakuten Trade's trading platform currently has more than 27,000 accounts as at March 1, out of which more than 10% are contra account holders.

A contra account allows investors an extended spending limit based on the shares and/or cash placed as collateral. Depending on the shares the investor wants to buy, Rakuten Trade will extend a multiplier of up to five times more.




Source

https://www.theedgemarkets.com/article/rakuten-trade-launches-revamped-contra-20-lower-brokerage-fees

This post has been edited by Morales: Mar 6 2019, 05:09 PM

Very disappointed with Rakuten Trade. Unable to log in since in the morning which resulted me to unable to sell at my preferred price.

Called up to their Custimer Service to place my sell order.

They should seriously look at improving their platform asap. This is not the first time happening.

you gotta mention more info on "good place"... not sure what are you looking for. your question too general already.

yes, you can do that.

you have to pay RM10 per counter transfer regardless of the units.

Direct Account

1) Beneficial owner and shares purchased held under your name.
2) Attending AGM is no issue. On the AGM day itself you can decide whether you want to attend or not.
3) Can apply IPO.
4) Processing fees involved when you subscribe corporate action like Rights Issue/DRP etc.
5) Receive annual report from companies.
6) Dividend payment as accordance to the payment date announced.
7) Opening account request might take a few days.

Nominees Account (Rakuten Trade as example)

1) Beneficial owner but shares are technically not held under your name.
2) Attending the AGM as proxy. Need to send in your request 10 working days before AGM date.
3) Cannot apply IPO.
4) No processing fees involved. Can be done via your trading platform.
5) No annual reports.
6) Dividend payment date will be slightly late.
7) 2 hours to activate your account.

You decide.

This post has been edited by Morales: May 25 2019, 01:43 PM

No charges.

you need to wait for T2 (2 trading days later) only can withdraw your funds.

T2 is the time needed to settle your contracts.

trading pin is the 6 digit number you set during your registration.

if you have forgotten it, go to settings to create a new one

Received an email on the change of brokerage rates for trades between 1k to 10k.. From Rm8 to RM9.

Effective 1 Jan 2020. Anyone can confirm about this?

Nope. Just leave it as it be.

You mean Rakuten Trade or other Rakuten related trade platforms?

As Cubalagi mentioned earlier, there is no foreign trading available on Rakuten Trade.