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 Rakuten Trade, A new online trading platform

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repusez
post May 18 2017, 05:23 PM

On my way
****
Senior Member
669 posts

Joined: Jan 2005
From: Kandang Lembu, KL
currently only have cash upfront account and it's a nominee account which means cannot be use for applying IPO, not sure about can attend AGM or not

Normal Brokerage (via Web/ iSPEED.my)

⦁ Below RM1,000.00 = RM7.00 per transaction
⦁ Between RM1,000.00 to RM9,999.99 = RM8.00 per transaction
⦁ Between RM10,000.00 to RM99,999.99 = 0.10% of trading value
⦁ Equal / above RM100,000.00 = RM100.00 per transaction

Assisted Brokerage (via Customer Service: RM30.00 + Normal Brokerage)
⦁ Below RM1,000.00 = RM37.00 per transaction
⦁ Between RM1,000.00 to RM9,999.99 = RM38.00 per transaction
⦁ Between RM10,000.00 to RM99,999.99 = 0.10% of Trading value + RM30.00
⦁ Equal / Above RM100,000.00 = RM130.00 per transaction

Other Fees
⦁ Clearing Fee: 0.03% up to a maximum of RM1,000.00 per contract, plus 6% GST
⦁ Stamp Duties: RM1.00 for every RM1,000.00 in trading value (maximum amount of RM200.00 per contract)
⦁ CDS Fee: Account Opening RM10.00 per CDS plus 6% GST

they are having promo to waive the CDS account opening fee
⦁ Transfer of Securities: RM10.00 per counter, plus 6% GST
repusez
post May 19 2017, 03:30 PM

On my way
****
Senior Member
669 posts

Joined: Jan 2005
From: Kandang Lembu, KL
http://www.thestar.com.my/business/busines...dscape-shakeup/

how many retail investor trade above 100K

 

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