New To Investing Completely Online?
Investing can be intimidating, especially for someone with no prior trading experience or who isn't used to a completely digital platform. Not to worry, we're here to show you simple steps to get you up and running easily. And remember because we are a completely digital broker, you can open an account completely online and receive approval within two hours!SIGN UP NOW
Sign Up With The Right Broker
Equity trading is the buying and selling of shares for the purposes of hopefully making a profit. And so, it is important that the broker you choose should match your lifestyle preferences.
Just like how you would choose an airline to fly with, do you want a low-cost carrier, a full-service carrier or something in between? We suggest looking into the following elements when choosing a broker:
- Are they licensed?
- Do they specialise in catering to retail investors? Remember a lot of brokers design their services around corporate/institutional investors and not for individuals
- How much do they charge? Brokerage rates are similar to agency fees and are charges that you have to pay on top of the cost of buying or selling shares
- Do they extend investment ideas that you are comfortable with so you can get some idea of what to buy and when to sell?
- Can you get assistance when you need it? Don't forget the share market can move pretty quickly.
Open an account with us today! It's super easy!GET STARTED NOWLEARN MORE
Choose The Right Account
Rakuten Trade offers two ways to trade on Bursa Malaysia. You can apply for one or both when you trade with us. ALSO if you successfully activate both accounts, you will receive a rebate of RM10 (equivalent to 1 account opening fee).
- Cash Upfront trading, which operates like a debit card allows you to trade using only your available cash in the account.
- Contra Account trading is like a charge card. This means that you are extended a spending limit based on the share(s) and cash placed as collateral but are required to fully settle their transaction(s) within three days.
Open Your Account(s)
Deposit Funds Into Your Account
Depositing cash / shares in your Rakuten Trade account is super simple. To deposit cash, below RM30,000, you just need to perform a simple online bank transfer like you would normally.
If you would like to transfer in shares, you just need to inform your current broker and they will process it accordingly. We do not charge a transfer in fee.