If you've reached this page, it means you're quite keen on starting your stock trading journey.
Many of my readers have asked about how to get onboard the trading train or simply which broker should they use.
This page is here to answer all of your questions!
As you know, I’ve been investing for a while now and in the past couple years I’ve advocated for digital investing in particular. It gives you control over not just how much you want to invest but what and when you want to invest! Plus it’s way cheaper which means you get to keep more of the profits.
So here’s the 411 on getting started.
I recommend signing up with Rakuten Trade!
Theres no need go anywhere or meet anyone in person. You can sign up, login, and trade all in the comfort of your pyjamas!
All you need is your MyKad or Passport.
Alright, you’ve signed up! Now what?...
Well, this is everything you need to know before you start trading. Together with Rakuten Trade, I've curated some tips and tricks to make you a SMARTER trader.
Rakuten Trade extends the lowest brokerage fee in town from as low as RM7. Many of their services are also provided free of cost!
Better yet, their fees are the same across all account types!
Normal Brokerage Via Web/iSPEED.MY
Assisted Brokerage Via Customer Service RM30 + Normal Brokerage
1,000.00 - 9,999.99
10,000.00 - 99,999.99
0.10% of Trading Value
0.10% from Trading Value + RM30.00
Equal & Above
0.03% up to a maximum of RM1,000.00 per contract
RM1.00 for every RM1,000.00 in trading value (Maximum amount RM200.00 per contract) Note: Stamp Duty exemption for small and mid cap stocks
6% ST will be imposed on all brokerage fees.
No fee charges
No handling fee charges
Placing orders are as easy as 1, 2, 3!
Follow this step-by-step chart to buy your first stock!
Looking to sell? No worries, we've got you covered!
You can also get bonus rewards for just interacting with Rakuten Trade!
Not Sure What to Trade?
Whatever your experience level, Dividends are a good place to start! They might just be the magic dust needed to give your trading efforts a little bit more omph!
Dividends are like allowances routinely rewarded to you in the form of cash or shares from a company's net earnings.
Want to learn more about dividend trading? Check out Rakuten Trade's webpage all about dividends (courtesey of yours truly).
LET'S START TRADING