FAQs
Brokerage fees range from RM1 to a maximum of RM100 depending on the transaction amount. A surcharge of RM30 is applied on all assisted trades.
Click here for the full list of fees.
Interest on outstanding transactions are at 8.05% per annum. It is calculated daily after T+2, at the end of each day. The interest on outstanding balance will be realized at the end of the month.
A rollover is when a position is extended beyond the end of the trading day without settment.
RakuMargin account holders are charged a flat rate of 0.5% on the principal buy outstanding amount on the expiry of each rollover period.
For example, if you have outstanding purchases with amount of RM10,000, the rollover fee will be RM50.00.
It’ll be auto deducted from the available cash balance in your RakuMargin trading account at the end of the 90th trading day. If there is no cash balance to offset, the rollover fee will remain as an outstanding amount.
All statement request that are more than 12 months old will incur a charge of RM5.00 per statement.
Disclaimer : Rakuten Trade only issued statement in monthly basis for Account Statement and daily basis for Trading Statement.
A stamp duty is a required tax charged for the transfer of assets, in this case shares in a company.
It’s charged on transactions through Bursa Malaysia at RM1.00 at maximum cap of RM1,000 for the selective type of stock traded.
It is also charged at RM1.00 at maximum cap of RM 200 for the selective type of stock such as rights, warrants, REIT/Trust and close ended fund.
Exemption of Stamp Duty for Exchanged Traded Fund (ETF) until 2025.
Please be informed that we are not the right person to advice you on Income tax-related inquiry. This inquiry can only be answered by the LHDN as the declaration of income tax is beyond our jurisdiction.
