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 Rakuten Trade, A new online trading platform

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yj98
post Apr 3 2019, 04:08 PM

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Is the buy/sell in the platform considered long/short?
Follow up: Assuming it's long/short, if I long 1x and then short the same stock 0.3x, are those counted as 2 transactions where I'll be charged RM14 assuming my amount is <RM1K

This post has been edited by yj98: Apr 3 2019, 04:08 PM
yj98
post Apr 5 2019, 10:59 AM

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QUOTE(mr_hustla @ Apr 5 2019, 02:44 AM)
what do you mean by short? you want to do Intraday Short Sell? If that's the case. You can't as Rakuten does not participate in IDSS.
if you are asking to buy and then sell same counter within the same day, they have rebate for broker fee. Instead of RM7 x 2, you will be charge RM7 only for the broker fee.
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By short I mean borrowing on margin and shorting. Example: selling/shorting a particular stock even if I don't own any of it.

 

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