Rakuten Trade Horse Stock Trading Teaching
Rakuten Trade, Malaysia's first fully online equity investment platform, was named FinTech Company of the Year 2018 by the Malaysian Communications and Multimedia Commission (MCMC).。Need to pay a minimum commission of RM7 to invest。
Rakuten Trade is Malaysia's first fully online equity investment platform with the lowest trading commissions in Malaysia.。The platform provides investors with a convenient account that allows them to conveniently trade Malaysian stocks, US stocks and Hong Kong stocks。In 2018, Rakuten Trade was named FinTech Company of the Year by the Malaysian Communications and Multimedia Commission (MCMC), demonstrating its excellence in fintech.。
This article mainly introduces the process and common problems of Rakuten Trade's online trading of Malaysian stocks, and also demonstrates the steps of the Rakuten Trade trading platform.。
What is Rakuten Trade??
Rakuten Trade is a joint venture short film between Rakuten Securities and Kenanga Investment Bank Berhad of Malaysia, launched by the Japanese network services union Rakuten Group.。Rakuten Trade is the first online securities trading platform to obtain a short film commission) license from the Securities Regulatory Commission of Malaysia.。In addition to Malaysia, Rakuten Trade also has securities and foreign exchange trading operations in Japan, Australia and Hong Kong.。
Rakuten Trade focuses on a fully networked trading experience and is committed to providing investors with a more efficient and alternative stock trading experience, and providing investors with a convenient, safe, fast and low-cost stock trading method。, trading, portfolio management, stock screening, listed company finances and the latest trends, investors can do it anytime, anywhere on the Rakuten Trade web page.。
1.CDS account types for Rakuten Trade
CDS, Chinese full name central depository system, is an electronic stock storage system.。The trading records of Malaysian stocks are stored in the CDS system.。CDS is divided into two types of accounts: Direct CDS Account and Nominee CDS Account.。
Direct Account (Direct CDS Account) | Agent Account (Agent CDS Account) | |
Account Type | Personal Account | Accounts managed by professional managers or institutions |
In whose name is the account registered | Investors themselves | investment bank or brokerage |
Annual Financial Report | Send to the investor's address | Send it to an investment bank or broker and ask them to apply for it. |
Purchase IPO | Can apply | Cannot apply |
Malaysia Stock Transfer | Transferable to a third party | Transfer to personal account only |
Proceeds | Direct remittance to personal bank account | Go back to your investment bank account and then transfer to your personal account. |
Attendance at Annual General Meeting Annual General Meeting | Can attend directly | Unable to attend the general meeting directly, it must be attended by a proxy from the brokerage firm. |
The equine trading accounts opened at Rakuten Trade are correspondent accounts and the account holder is KENANGA NOMINEES (TEMPATAN / ASING) SDN BHD RAKUTEN TRADE SDN BHD FOR [CLIENT NAME]。
Generally, investors will be charged a service fee of RM 10 when opening a CDS account, plus a specific fee for processing subsidies and corporate activities。However, the Rakuten Trade investment platform not only offers zero-fee concessions, but even services such as CDS account opening, dividend processing, dividend processing, and corporate activities are free of charge at no additional cost.。
Small reminder before trading horse stocks
Before starting trading, you should have basic knowledge of the Malaysian stock market, such as: how to read corporate financial statements, how to select stocks, how to analyze stocks, etc.。You also need to develop an appropriate investment strategy based on your risk tolerance and investment objectives to reduce risk and increase investment returns.。
Secondly, the stock market is unpredictable, whether it is a bear market or a bull market, you should always monitor the market changes and adjust your investment strategy in a timely manner。Stock market risk is also good, you can choose to diversify or choose valuable stocks, etc., to reduce investment risk。
Before investing, you also need to understand transaction costs, including commissions, transaction taxes, transaction stamp duty, etc.。Whether you want to make high-risk or low-risk investments, make sure you have enough money to cover your day-to-day expenses and the cost of stock trading to avoid affecting your life due to lack of funds。
In short, before trading in horse stocks, you need to have a basic knowledge of the Malaysian stock market, develop an appropriate investment strategy for yourself, control risk, be aware of expenses, ensure adequate funds, and monitor market changes at all times to make informed investment decisions.。
Rakuten Trade Horse Stock Trading Platform Operation Page Introduction
This article mainly introduces the computer version of Rakuten Trade。
Once you have successfully logged into Rakuten Trade, you will be taken to the Rakuten Trade homepage.。At the top of the home page there is a table of contents。
⑴ My Account: You can view the account list, account deposit records, account withdrawal records, account balances, bank account data, etc.
⑵ My Portfolio: You can view the value, total amount, investment amount, transaction waiver, profit or loss, stock transfer, etc.
3) Marketlive: You can view real-time market dynamics, indices, currencies, commodities, bonds, interest rates and other policies.
Stock Screener: Stock Screener。Horse stocks can be screened by stock type (common stock, ETF, REIT), stock market type (large stock market, medium stock market, small stock market), selected investment amount, corporate industry, stock rating,。
News & Report: View free Malaysian and international market investment analysis reports, current stock market updates, videos and webinars from Rakuten Trade's team of financial analysts
(6) Stock Info: View information about a particular stock, such as trading avoidance, margin trading, previous day's closing price, opening price, high price, low price, volume, turnover rate, high price in 52 weeks, low price in 52 weeks, market capitalization, growth rate, company information, basic weight, corporate history, etc.
7.7 Watchlist: Record your stock watch list
(8) Order Status: records your stock trading status and information, such as trading date, trading time, order number, code, modification or cancellation of stock trading
Alerts: Set Stock and Index Alerts。When the stock you want to buy reaches the price you set, Rakuten Trade will issue you an advanced alert, message or multiple alerts to remind you to trade stocks。If you choose the platform information push, search for the stock you want and enter the alert price, after logging in, you can click the webpage at the top right to view the pop-up alert。
⭐ RT Points: Rakuten Trade Points, which can be converted to AirAsia Rewards, Bonuslink Points, and Boost Points
Search: Search Malaysian stocks you want to view
Rakuten Trade Deposit method
You only need to use the bank online transfer method, you can deposit money to Rakuten Trade, you can start investing, very convenient。
It should be noted that the bank account registration name used when you send money to your Rakuten Trade account must be the same as the name you registered when you opened your account at Rakuten Trade.。
This means that you cannot transfer money from someone else's bank account to your Rakuten Trade account by bank transfer, only from your own bank account to your Rakuten Trade account.。
Here are the steps to deposit money at Rakuten Trade:
Step 1: Click "My Account" in the directory
Step 2: Choose Cash Deposit
Step 3: Enter the amount you want to deposit on the Deposit Amount column
Step 4: Select Online in the Deposit Method section
Step 5: Click on "Proceed"
Step 6: Enter the procedure for entering the bank's online transfer one-time password (OTP) and the deposit is successful.
Rakuten Trade Horse Stock Buying Steps and Process
Step 1: In theSearchEnter the stock you want to buy.
In Sunway Berhad, for example, you just need to enter Sunway in the "Search" section and the stock will appear on the page, and you can click Sunway Bursa.。
Note that the text mentions equity pilot demonstration uses, non-investment recommendations。All investment risks, it is recommended that you do your homework and risk planning before entering the market.。
Step 2: After entering the Sunway stock page, click the cyan "buy"
Step 3: Select the account you want to trade
Generally, everyone will choose to pay cash in advance.。A cash prepaid trading account refers to how much money you put into Rakuten Trade and how much money you use to trade horse stocks.。For newcomers to investing, such a trading model is less risky, can be held for a long time, pays no interest, and is not forced to sell the stock you have already purchased。
Step 4: Select the batch type
Note that 1 Lot = 100 shares
When you select Board Lot, this means that the number of shares you purchase must be at least 1 Lot, approximately 100 shares。
For example, when you buy Sunway horse stocks, choose Board Lot, buy 5 Lot is 500 Sunway horse stocks, buy 10 Lot is 1000 Sunway horse stocks, buy 15 Lot is to start with 1500 Sunway horse stocks, and so on.。
Second, when you choose zero shares, it means that the number of horse shares you buy is less than 100 shares, or the number of horse shares you choose to buy is not an integer number of shares。For example, when you buy 80 Sunway Horse shares, you can choose Odd Lot and subscribe for 0.8 Lot。
However, you need to be aware that most investors will prefer to buy Board Lot, so you may have difficulty buying or selling Odd Lot。
Step 5: SelectOrder Type
Limit Type:When you choose the limit type, the horse stock you want to buy will not be sold immediately, and you will not be able to subscribe until the price of the horse stock falls back to your ideal price.。
Take Sunway horse stocks as an example, you want to use RM1.530 Subscription for Sunway Horse Shares。However, the current stock of Sunway Horse is RM 1.550。This way, you can choose Limit Type and wait until the stock price falls back to RM 1.At 530, buy the stock again.。
Market Order:When you choose a market order, you can buy the horse shares directly at the current market price.。
Take the price of Sunway horse shares in the above picture as an example, the price of Sunway horse shares is RM 1.550。When you choose a market price list, you are directly taking RM 1.550 Buy Sunway Horse Shares。
Step 6: Enter Limit Price
If you select the limit price type in the order type section, then you must enter the limit price, then how much do you want to buy the horse shares you want。
Conversely, if you are selecting a market order, then you do not need to fill in this column because the system will buy the stock directly based on the current share price。
Step 7: Select the quantity you want to buy
Generally, investors will choose Board Lot。When you want to buy 100 shares, you only need to fill in the "1" in the quantity column instead of 100。You note that the number of columns has a note (x100), which means 1 x 100, and filling in 1 means buying 100 shares.。
Step 8: Select the validity period of the purchase (Validity)
When you select DAY, this means that your transaction will be completed on the same day。Your purchase request will be automatically cancelled in case no transaction matching your requirements appears on the same day。
If you choose GTD, this means that your transaction will be completed within the date you set。For example, you set a time limit of 5 days, then within 5 days, if a bookkeeping transaction meets your requirements, then your purchase request will take effect。Conversely, if the requirements of your transaction are still not met within 5 days, your purchase request will be automatically cancelled。
Step 9: Enter the transaction password (Trading Pin)
After selecting all your purchases, you must fill in the six-digit password you entered when creating your Rakuten Trade account。
If you forget your trading password, you can reset a new one。
Step 10: Click "Confirm Order" to confirm the order
View Rakuten Trade Current Portfolio
After successful purchase of horse stocks, you can click on the "My Portfolio" in the catalog and then click on "Hold Stocks" to view information about your portfolio, including: current total market price of your portfolio, capital, profit or loss, Malaysian stocks invested, number of units held in horse stocks, supplemental average purchase price, current supplemental market price。
Rakuten Trade Horse Stock Selling Steps and Process
Whether you want to cash out or stop loss, when you decide to sell a horse stock, you can follow the steps below to proceed with the sell procedure.
Step 1: After clicking "Sell Order" of "My Portfolio," select Cash Upfront
Step 2: Select Lot Type
Step 3: Select Order Type
Step 4: Fill in the price of the horse stock you want to sell (Limit Order only)
Step 5: Fill in the number of shares you want to sell (Quantity)
Step 6: Select Validity
Step 7: Enter the Trading Pin
Step 8: Click "Confirm Order" to confirm the sale of horse shares
How to cancel an order?
When trading in horse stocks, you may suddenly encounter a situation where you don't want to buy or sell stocks。
As long as you have placed a limit order when buying or selling horse shares and the order to subscribe for horse shares has not yet been closed, you can cancel the order as follows:
Step 1: Select "Order Status" in the directory, select the stock you just placed an order to purchase, select "Cancel Order," and enter your trading password (Trading Pin) in Rakuten Trade.
Step 2: Click "Cancel This Order" to confirm the cancellation of the order of the horse shares.
It should be noted that if you choose Market Order when subscribing for horse shares, then your order to buy horse shares is fast enough to be executed, and you cannot cancel the subscription order under normal circumstances.。
The way Rakuten Trade pays gold
After selling shares, your Rakuten Trade account will show cash value。At this point, you can choose to transfer the cash to your personal bank account。
You only need to use the bank online transfer function, you can withdraw money successfully in Rakuten Trade。
It is important to note that when you make a withdrawal, the money will not be transferred to your personal bank account immediately。If you applied for a withdrawal before 3pm, you will receive the payment that evening。If you pay after 3 p.m., you will receive the payment on the next business day。
The following is the flow of money through Rakuten Trade:
Step 1: Click "My Account" in the directory
Step 2: Click on "Cash Withdrawal"
Step 3: Enter the amount you want to withdraw in the Enter Withdrawal Amount field
Step 4: Click "Confirm" to confirm the withdrawal
Rakuten Trade Equine Stock Commission System
Rakuten Trade commissions for trading Malaysian shares range from RM1 to RM100。The calculation is that when trading, the system calculates the commission based on the final transaction amount obtained.。
The commission structure of Rakuten Trade is:
Single transaction amount (RM) | Commission (Cash Prepaid Account) |
< 699.99 | Minimum RM 1 (1% of turnover) |
700 – 9,999.99 | 9 ringgit |
10,000 – 99,999.99 | 0.10% |
>99,999.99 | 100 ringgit |
Is Rakuten Trade safe to trade horse stocks??Is it legal??
Rakuten Trade Sdn Bhd operates under the supervision of the Securities Commission of Malaysia and holds a Malaysian securities trader's licence, and is therefore a regulated and legal business that can legally engage in securities trading activities and provide investment advice to investors.。
In addition, Rakuten Trade complies with the Personal Data Protection Act 2010 (PDPA).。All investor data is stored in a secure environment as defined by the PDPA。With regard to security, Rakuten Trade uses the most advanced technical protection mechanisms, and Rakuten Trade also has technical measures to prevent cyber attacks to ensure the security of investors' transactions.。
In summary, Rakuten Trade is a legitimate, secure, and high-end technology investment platform for online Malaysian stock trading that protects customer data and transactions.。
Rakuten Trade Trading Horse Stock FAQ
Which horse stocks can I trade?
You can have Malaysian Stock and Real Estate Trusts (REITs) listed on the Malaysian Stock Exchange through the Rakuten Trade exchange.。You can screen horses by Stock Screener stock type (common stock, ETF, REIT), stock type (large stock, medium stock), small stock), select investment amount, corporate industry, stock rating.。
What are the lowest and highest trading units?
The minimum unit for each Malaysian stock exchange in Rakuten Trade is 1 share and the maximum unit is 10,000 shares.。
Is Malaysia Stock Market Quote Instant??
Rakuten Trade offers Malaysia instant equine stocks quote。You can check the latest current horse stock quotes and gains through Rakuten Trade's Marketlive。
Does Rakuten Trade offer investment advice?
Rakuten Trade provides market analysis, research reports and investment education resources, but does not provide investment advice on individual stocks。Investors need to do their own research and make their own decisions。
Does Rakuten Trade accept shares traded by foreigners or non-Malaysian residents?
Yes, Rakuten Trade accepts shares traded by foreigners or non-Malaysian residents as long as they meet the account opening requirements of Rakuten Trade。
Can I participate in the Corporate Annual General Meeting (AGM) as a nominee account?
Yes, but you can't apply for an IPO or receive the company's annual financial statements directly.。You need to apply to Rakuten Trade via email [emailprotected]。
Can I browse the Rakuten Trade investment platform when I am abroad?
可以。All you need to do is log in to Rakuten Trade's account as usual.。
When does Rakuten Trade often perform platform maintenance or system enhancements??
In general, Rakuten Trade performs routine maintenance on trading days from 5 p.m. to 5: 59 p.m. and from 11: 15 p.m. to 11: 59 p.m.。During this period, you will not be able to use some services, including: order management, cash deposits, cash withdrawals, inter-account cash transactions, stock withdrawals, inter-account stock transactions, corporate action subscriptions, outstanding settlements (RakuMargin)。
In order to better meet the needs of consumers, Rakuten Trade maintenance usually carries out platform and system upgrades on weekends。You can keep an eye out for announcements on the Dashboard and Login pages。
For major system maintenance that usually lasts more than 10 hours, Rakuten Trade will notify workers in advance.。
Conclusion
Expect this article on Rakuten Trade's Malaysian stock trading to help you easily deposit, purchase, deposit and cancel orders on the Rakuten Trade investment platform.。
Before you start investing with Rakuten Trade, it is highly recommended that you fully study the Malaysian stock market and have the right investment knowledge and mindset。Clear analysis of stock market movements, which will help you manage and control investment risk more effectively。
Please make sure to understand the relevant process before investing with Rakuten Trade to ensure that you can smoothly deposit and withdraw funds, and cancel orders when needed。This will provide you with a smoother investment experience and help achieve better investment results in the stock market。
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