"I have to work, how do I still have time to open an account？"

"Water money is expensive (brokerage commission fees, fees)! I don't have much money, I can only invest in small amounts.。All the wrongs earned from stock trading have to be paid for! "

I often hear that new investors have complaints like this.。The first time I opened an account, I also had the problem of why I had to come to the brokerage office with the documents and copies to submit the account opening form.？

Since the advent of Rakuten Trade, the first pure online stock exchange broker in Malaysia, the troubles of office workers and students who have reached the age of 18 but have not started have almost been solved.。No longer need to travel long distances or between application times at the office in person at work, the account holder can open an account by making good use of the Internet during free or off-duty hours and submitting an application。Secondly, Rakuten Trade is also the stock exchange broker that recruits the lowest transaction fees in Malaysia, and also provides a platform points system RT points, allowing users to deduct commissions.。

What is Lotte Trade?？

Rakuten Trade (Rakuten Trading) is Malaysia's first pure network stock trading platform, in 2017 by Malaysia's leading investment bank Kenanga Investment Bank Berhad (Kenanga Investment Bank Berhad) and Japan's network services giant Rakuten (Rakuten Group) founded the Rakuten Securities joint venture, newspaper.。

In addition to Malaysia, Lotte Securities Lotte Securities operates securities and foreign exchange transactions in Japan, Australia and Hong Kong.。

Rakuten Trade offers a one-stop full-network stock trading service that allows you to trade the Malaysian, US and Hong Kong markets with one account.。Investment product options offered by Rakuten Trade include Malaysian equities, REITs real estate trusts, US equities, US Hong Kong ETFs, US ADRs and equities。

Unlike other stock brokers, the CDS account registered with Rakuten Trade is a proxy account (Nominee CDS)。

The Central Depository System (CDS) is an electronic stock storage system, and CDS accounts are used for buying and selling transactions on the Malaysia Stock Exchange (MASX).。Generally, the cost of a CDS central deposit account is RM10, and opening an account at Rakuten Trade is free of account opening fees.。

The shares purchased by the user of the agent account will be recorded in the name of the securities service provider: KENANGA NOMINEES (TEMPATAN / ASING) SDN BHD RAKUTEN TRADE SDN BHD FOR [customer name], not in the name of the individual.。

When the company is grateful for the listing festival, small and medium-sized enterprises will first remit to the investment bank or brokerage account on your behalf, and then transfer to you;。

The following is the key information of the simple development of Rakuten trade:

Year of Establishment	2017年
Trading Commission	With the highest transaction: 0 of the transaction volume.10%, minimum commission is RM1; maximum commission is RM100 Trading in USD: 0 of the transaction amount.10%, minimum commission is USD1.88; maximum commission USD25 Trading in US Dollars: 0 of turnover.10%, minimum commission HKD35
Investment products	Malaysia Equity, REITs Real Estate Trust US Equity, ETF, ADR Hong Kong Equity
CDS Account	Agent Account
Transaction Account Type	Cash Account Cash Prepaid Account Provision Account Offset Account Margin Account Raku Margin Account
Minimum deposit	None
Interface Language	Chinese
Account opening discount	1,000 RT points (equivalent to RM 10) for opening an account using the SSF exclusive link

Is Rakuten Trade easy to use?？7 features suitable for novice use

1.One-stop fully networked trading platform

From account opening, trading, portfolio management, stock screening, listed company data and the latest stock market trends, all over the Rakuten Trade web page and the exclusive financial APP - iSPEED..My above.。And web APP interface is simple and easy to operate。

Save time to go to an investment bank to open an account because the application is made online。Account opening application can be approved within 1 working hour at the earliest。

Rakuten Trade allows investors to trade horse and U.S. stocks on a single account, and it's very convenient for users to trade anytime, anywhere, just on the Internet.。

2.One account to trade Malaysia, US and Hong Kong markets

In addition to trading horse stocks, Rakuten Trade also officially opened its overseas stock trading service on January 27, 2022, first opening up the U.S. market (U.S. stock trading service) to trade U.S. stocks, ETFs and ADRs, such as Apple, Tesla, AMD, Meta and other stocks, SPY, IVV, VOO, QQQ and other ETFs, Alibaba, Nio, Sea Limited and other ADRs.。

[Latest update] Rakuten Trade officially launched the Hong Kong market trading service (Hong Kong stock trading service) on December 27, 2022, which can trade Hong Kong stocks, such as Tencent Holdings, Xiaomi Group, HSBC Holdings, Alibaba, etc.。

Rakuten Trade's U.S. and Hong Kong stock trading is currently connected to the world's largest U.S. stock securities dealer.(Interactive Brokers)。

Any user holding a Rakuten Trade Cash Upfront cash account can open an overseas stock trading service and use the lowest U.S. and Hong Kong stock trading commissions in the Malaysian market when trading.

◇ Trading U.S. stocks, ETFs and ADRs, commission bonuses RM1 to RM100 (USD1.88 to USD25)

◇ Trading Hong Kong stocks, commission bonus RM1 to RM100 (or at least HKD 35)

Users can trade the Malaysian, US and Hong Kong markets with just one Rakuten Trade investment account, eliminating the need to use multiple brokers to trade different markets。At present, Rakuten Trade has not yet opened up the financing leverage and financing of U.S. and Hong Kong stocks.。

3.Trading Commission Pro-People

Rakuten Trade's full-trade commissions are user-friendly and offer the lowest commission fees for horses - RM1 (in one transaction), or USD1.88 (traded in USD), or HKD35 (traded in Hong Kong)。

Suppose the user uses the seventh transaction (MYR) to trade horse stocks, U.S. stocks or Hong Kong stocks, and the trading commission is based on this.。Settlement The following is the commission (seventh) structure for Lotte Trading.

Trading volume	Commission (RM)
< RM 699	Minimum RM1 (1% of trading volume)
700 – 9,999.99	9 there.
10,000 – 99,999.99	0 of turnover.1%
≥ 100,000	100 RMB

Rakuten Trade also added the Foreign Money Facility (FOREIGN MONEY FACILITY) on August 26, 2022, which allows accounts to hold U.S. and Hong Kong dollars, allowing users to trade U.S. and Hong Kong stocks directly using U.S. and Hong Kong dollars.。

When a user trades U.S. stocks in U.S. dollars (USD), the trading commission is settled in U.S. dollars.。The following is the commission (USD) structure of Rakuten Trade:

Trading volume	Commission (USD)
any crowd	0 of turnover.1% * Minimum commission per transaction USD 1.88; up to USD 25

Rakuten Trade's U.S. stock trading commissions are among the lowest fees for all Malaysian investment platform transactions regulated by the Securities and Futures Commission (SFC).。Here is a quick comparison of Malaysian brokerage firms' US stock trading commissions:

investment platform	US Stock Trading Commission	Buy 20 shares of Apple stock (worth 3400) so you have to pay a commission.
Lotte Trade	0 of turnover.1% * Minimum commission per transaction USD 1.88; up to USD 25	3.$40
finite state machine	0 of turnover.08% * Minimum commission per transaction USD 8.80; no maximum commission	8.$80
Galaxy Lianchang Bank	0 of turnover.25% * Minimum commission per transaction USD 18; no maximum commission	18美元
MIDF Investment (Investors)	USD 0.015 / share * Minimum commission of USD 8 per transaction; no maximum commission	8美元

When trading Hong Kong stocks using a user account (HKD), the trading commission is settled on the account。The following is the commission (account) structure of Rakuten Trade:

Trading volume	Commission (USD)
any crowd	0 of turnover.1% * Minimum commission per transaction HKD 35

As a result, Rakuten Trade is popular with small investors, investors who want to save on investment costs。

Internship points system, access to free trading opportunities

Rakuten Trade Balanced Rakuten Trade (RT) Points System。The user accumulates the corresponding RT points through deposit, transaction and referral.。These RT points are commission deductible (1RT Point = RM0.01 commission), for example, if the user accumulates 100 RT points, the commission rebate you get is RM1。RM1 will be remitted to your trading account at the close of trading on the same day。

Alternatively, users can convert RT points to airasia points, BonusLink points, or Boost Coins。Note that this commission rebate is not used for stamp duty (stamp duty), liquidation fee (liquidation fee)。

At present, Rakuten Trade has launched a points offer, allowing users to use Rakuten Trade in the process, but also points。Here are the points offers from Rakuten Trade:

Condition	Reward RT Points	Value (RM)
Use SSF Exclusive Link to open an account	1,000	10
Other conditions
Trading commission per RM 1	1	0.01
Invite Friends to Register Rakuten Trade	Successfully invited 1 registration = 1,000	10

> > > At most, everyone can get the opportunity of "commission-free trading" and save at least RM10 commission!

Simple income and interest income

In Rakuten Trade, there is no minimum limit on the amount of money received or paid out.。

For deposit, online bank transfer (FPX) is available.。Note that the maximum amount of a single deposit is RM30,000。If you want to remit more than RM30,000, you must go to the bank。The deposit is generally immediate.。

After the deposit, if the user does not use the account funds for investment transactions, Rakuten Trade will give 1.75% annual interest and monthly deposit into your investment account。

In addition to the payment, the designated time (first time) is 2: 50 p.m.。As long as the application for payment is made before the specified time, it will usually arrive on the same day.。Beyond the specified time, Lotte Trade will handle the gold ceremony on the second working day。

Provide professional market analysis and research reports

Rakuten Trade's research team provides users with professional and comprehensive daily market dynamic analysis and research reports for free, and uploads them to Rakuten Trade's official website, trading platform or dedicated Telegram group。Next, Rakuten Trade also provides technical analysis reports and learning videos to help users make investment decisions。

Stop Market Order and Stop Limit Order

Rakuten Trade launched new order types in April 2022: Stop Market Order and Stop Limit Order, allowing users to trade in a more flexible format.。

Users need to set a Stop Price when placing a Stop Market Order.。When the share price touches the trigger price, the Rakuten Trade system automatically submits a buy or sell market order。If the user places a Stop Limit Order (Stop Limit Order), the Rakuten Trade system will submit a buy or sell limit order when the share price hits the trigger price.。

Is Lotte Trade Safe and Legal?？

Rakuten Trade is safe and legal, and investors can trade funds using Rakuten Trade Investments。

Rakuten Trade is a reliable platform that has obtained a capital market services license issued by the Securities Commission of Malaysia (SC) to legally engage in securities trading activities and provide investment advice to investors.。Therefore, users do not need to worry, you can rest assured that the use of。

Complete Rakuten Trade account opening teaching

Before opening an account, first ensure that you meet the following required stock account conditions: -

1.18 years of age or older (non-bankruptcy estate)

2.Have any bank account in Malaysia

3.Have a credit / debit card from any bank in Malaysia

Next, prepare the documents needed to open an account:

1.ID card front (format: JPEG, PNG, PDF; not more than 2MB)

2.ID card reverse (format: JPEG, PNG, PDF; not more than 2MB)

3.Tax Number (Income Tax Number (ITN) / No.Cukai Pendapatan)

4.Proof of current residential address, optional: bank invoice, telephone bill or water and electricity bill (format: JPEG, PNG, PDF; not more than 2MB)

Step 1: Go to the website and register your account

First, click "I want to register" and click "OK."。

Step 2: Select Account Type

Rakuten Trade provides different user port types:

Cash Upfront（Cash Upfront Account）：Cash account, the user must deposit a sum of money in the account by bank transfer before starting the transaction。

Double (Cash Prepaid & Countervailing Account):In addition to buying and selling shares in cash in advance, users can also give cash or shares in an escrow account to a brokerage firm (i.e., in the form of a countersale) to get 2 to 5 times the leveraged trading quota for stock trading, but you must make up this quota the next day.。Otherwise, the broker can forcibly sell the investor's stock on the day, covering the leverage limit.。

Combo（Cash Upfront & RakuMargin Accounts）：In addition to buying and selling stocks through cash advances, users can also borrow money from brokerages, equating accounts with credit cards.。However, the user must pay 6.8% pa interest, and cash or stock in the escrow account to the broker.。The maximum of the margin account and the allowance account correspond to each other, and the user of the margin account can hold the purchased shares for a long time.。In case the user does not have enough funds to pay back the money, Lotte Trading will not force the stock after T + 2 to make up for the leveraged amount of the user, need to increase the interest on the loan。

Step 3: Fill in the basic information (basic information)

1 - Enter your English name, nationality, passport status (BNM Residency Status) and ID number (IC Number)。

About the immigration status (BNM Residency Status):

If you meet any of the following, please click Yes

1.Malaysian citizen, does not hold permanent residence abroad

2.Malaysian citizen holding permanent residence abroad for more than 182 days in Malaysian passport

3.Non-Malaysian citizen, but holds permanent residency in Malaysia and has been in Malaysia for more than 182 days

If you meet any of the following, please click No

1.Non-Malaysian citizen and does not hold permanent residency abroad

2.Not a citizen of Malaysia, but holds permanent residence abroad and stays in Malaysia for no more than 182 days

3.Non-Malaysian citizen holding permanent residence abroad, but staying in Malaysia for not more than 182 days

2. Upload your ID (IC) photo (front and back)。Make sure the photo is in JPEG, PNG, or PDF format and is no more than 2MB in size。

3.Name, gender and date of birth of your choice, then enter your home and mobile phone contact number, email address and set up your account username (must contain 6 to 12 letters and numbers)。

4.Select Security Identification Questions and Provide Answers。The purpose of the security identification question is that in case you forget your password, the system has a way to confirm your identity and prompt you for the password you have set。

5.Choose your channel to learn about the Rakuten Trade platform。

6.Fill in the recommendation code (if any)

7.Read privacy and terms。If there is no objection, tick the box and click "Continue Next."。

Step 4: Fill in the personal information (personal information)

1.Enter your transaction password (six-digit password, such as 123456)。The user is required to enter the correct transaction password before any transaction can be made。

2.At the same time, choose the country of birth, country of residence, race, whether it is indigenous, marital status, work information, residential address and correspondence address, etc.。

3.Upload proof of current residential address, optional: bank invoice, phone bill, or water and electricity bill (please ensure that the format is JPEG, PNG, PDF, and the size does not exceed 2MB)。

4.Select the bank name and fill in your bank account information (if it is a joint account, please check this is a joint account and fill in the account name)。

Step 5: Fill in the investment experience and financial status (financial information)

1.Complete the questions in the form, including: source of income, net asset valuation, investment strategy, investment duration, etc.。

2.Political background announced

3.Report your tax status if you are a U.S. resident or hold a U.S. green card, passport, your taxpayer identification number。If you are a Malaysian, you can check the Income Tax Number (ITN) or Cukai No. Pendapatan on the tax statement (for example: SG 11234567891)。

Step 6: Submit Form

1.Read the statement, agree and tick。

2.Click Submit Application to submit the form。

Rakuten Trade will send a confirmation of the email address you provided。Click the link in the email to confirm your email address。

After the application is approved by Rakuten Trade, the user receives a purple notification, and then you can deposit money on the platform and start trading!

Account Opening and Trading Experience

As long as you have enough documents ready, the whole process of opening an account only takes 10 minutes。

It took me a long time to open an account because the documents I provided did not meet the requirements of Rakuten Trade。So remind everyone to upload according to the requirements listed in Rakuten Trade when opening an account, such as file format, naming, size, etc.。

In the past, if you found a registered account with a local brokerage firm, users were required to visit the brokerage firm's office during office hours to apply for an account.。Rakuten Trade's online account opening service has just solved the problem that office workers do not have time to visit the brokerage office in person.。This is also my favorite place for Lotte trade。

For trading, Rakuten Trade is the lowest trading commission in Malaysia - RM1's brokerage platform.。If your single transaction is below RM 700, Rakuten Trade allows you to save on advertising commissions.。Let's say you trade RM100 and you only pay a commission on RM1, trade RM300 and you only pay a commission on RM3, and so on.。The current lowest horse stock trading commission in the market is the lowest single RM8.。

If you're trading more than RM 1,000 per transaction, there are actually many brokers in the market for you to choose from.。

For a single transaction value of RM10,000, the commission charged by Rakuten Trade is 0% of the transaction value..10%, i.e. RM10。where transaction commission fees are definitely not the lowest in the market。If you are very concerned about trading commission fees and transaction costs, Rakuten Trade may not be the best choice。But there is no denying that Rakuten Trade is perfect for users with small investments。

However, if you are trading U.S. stocks, in the previous example we can see that the single transaction volume is only USD 3,400 (approximately RM 15,000), and the trading commission that Rakuten Trade will be USD 3.40。In the case of overseas brokerages, Rakuten Trade's US stock trading commissions are the lowest in the Malaysian market.。