Hi, i'm using KLSE Screener to track my stks..... can anyone advise how to adjust the fee Setting correctly to align with RT fees?

u applied already? i applied it and just 1 step away from accepting it...... their interest is higher 6%+. no need to pledge cash/FD to get 100k limit? i hope they don't charge for inactive account...... i only want it for emergency use....

that's the thing i worry about.... they do not specify the rates/calculate properly (or i miss it).... i don't mind the 6%+ charges......it's acceptable since no collateral required. but i worry about the hidden charges... like this inactive fees... that's y i hesitate to accept it....

i reviewed the T&C papers again and i still couldn't find any to show how and when and rates that they will charge the Commitment fees..... i also notice the can waive it.... i guess it is not a mandatory fees....
anyway drawdown must be within 3 months.... else they will cancel the facility... i suppose to let them cancel it rather to charge commitment fees.
i have accepted it cos my offer is expiring tomorrow. but i still no plan to use it anytime soon.... i still have balance with other margin accounts.
i will cancel it as soon as they charge me commitment fees..... but..... i have no idea how to cancel it..... i can;t find any support number or bot to throw my question. How u manage to communicate with Rakuten? any careline, email, bot chat?

"Section 3.18 Commitment Fee
If the Facility is not fully utilized by the Client during the Availability Period, the Client shall pay to the Bank a Commitment Fee at the rate specified in Item 7 of the Schedule hereto on the unutilized portion of the Facility calculated on a daily basis and payable in arrears at the end of each month. The Bank reserves the right to waive or vary at any time and from time to time its sole and absolute discretion the rate of the Commitment Fee by giving notice to the Client in writing."

For RakuMargin.....u need to pledge cash... the multiplier is lower than my bank....the margin fees is higher.... i better use my current bank margin account...... only the trading fees is cheaper.

Generally, your trading limit is determined based on the pledged cash and shares. They will each be assigned a multiplier.

For example,

RM10,000 (Cash deposit) : Trading limit of RM22,500 (x2.25 cash)
RM10,000 (shares) : Trading limit of RM12,500 (x1.25 pledged shares)
Note: Example above is based assumption you do not have outstanding balance in RakuMargin account.

For more info please be refer to our FAQ: https://www.rakutentrade.my/faqs/rakumargin...y-trading-limit

you can't..... max withdrawal should be 30k/day if i remember it correctly..

yes of course.

no need to fill any forms.... i withdraw 100k before... if i remember correctly daily limit was 30k (about 1 or 2 years ago....i'm not sure about now whether there is still daily withdrawal limit or not... cos i stop using Rakuten for long time already) ..... so 100k took me 4 days.....