Hi all Sifu,

I just open the account cash upfront + contrac
I try buy 1 lot with cash upfront but it keep reject
it says invalid trading account

in Bursa

is everyone using rakuten trade satisfied despite the platforum user interface?
im planning to refocus investment after my busy 2022.
have a rakuten trade, tiger, stashaway, etoro, malaysia IB account all ready and have been using.
More looking at an easier platform to trade foreign stock. U know la, tiger those all need to convert and it's expensive. Thank yoU!

Do you know why when I place order for SQQQ last night it got rejected??

If not mistaken it was something about price?

when trading US stock, is it better to convert to USD prior trading or just trade with MYR base on current rate?

Hi guys,

I am new to rakuten.

May i know if i buy one share of SPY ETF total i need to pay how much?

Is it 410usd+1.88usd=411.88

Thanks

Now i google found stamp duty 0.15%

so is 410*0.15% =0.615
410+1.88+0.615=412.5 usd correct?

no more other hidden fee right?

Thanks

Can rakuten trade do DCA for automated monthly buy us etf?

Can rakuten trade do DCA for automated monthly buy us etf?

Rakuten just dropped their minimum brokerage rate to RM1 ... including USA...

Great to hear that.

Can i ask some question..

1)Whenever i want buy us share just come to this page convert myr to usd, the amount doesn't matter right?
which mean no need convert many myr->usd in one goal(just convert how many i needed), since rate is fixed.
(mean it is no cheaper convert more myr->usd)

2) Regarding "Don’t forget to factored in about 3% FX spread markup "
I saw rakuten convertion rate is 4.4455 and google is 4.42
4.44-4.42=0.02% different
3% you mean is?

Thanks

1. did you convert that to USD first b4 buying?
2. Do you need to activate anything to buy etf? bcs when I tried to buy it b4 I got some error message.

1. Yes, better convert usd to us stock. Else everytime u buy need convertion fee myr->usd, not worth.
2. After activate us trading acc, No need activate anything to buy etf.

For trading foreign stock, if stock quote price displayed is delay, does it mean our order execution will be delay too?

Oh now can store usd in rakuten?
Last I heard is every time make a purchase of US stocks need to convert RM to USD on the spot to buy.

So even if the bid/sell pricing is delay and different from live market price, the order we placed will matched instantly if hit market price?

just found out Rakuten Trade cannot buy Malaysia IPOs.

if want to buy IPO Mplus account can.

https://dividendmagic.com.my/rakuten-trade-...0be%20for%20you

wta I have already converted the money from myr to usd at the dashboard. Even after doing this when you buy and sell stock you still need to choose the US currency at the buy or sell page??? Bcs I see after making a trade I see my money have somehow turn back to myr???

Can i buy US stock in Ringgit(buy with convert fee), then later sell it in USD and store in USD wallet without any convert fee (sell no convert fee)?
OR if i buy in Ringgit, must sell in ringgit too ?

No USD now, plan to buy first US stock, then sell and save money in USD wallet for future US stock investment.