Rakuten Trade (RT) interest rate is reduced again on 5 May 2020. This is the third time of reduction in this year alone. It means that the interest on our cash account balance is going to reduce once more. Reason of reduction Bank Negara Malaysia (BNM) has announced the reduction of the overnight policy rate …
(This article is prepared by Rakuten Trade. I just made some layout adjustment.) 1. What are the differences between Rakuten Trade and other brokers? Rakuten Trade is Malaysia’s first and only full-fledged online equity broker. This means that their clients can sign up, trade, settle their transactions, read reports and get trading ideas plus earn …
There are a host of investment podcasts out there. However, I do not have the patience to listen for more than 45 minutes. Thus, I only listen to podcasts with episodes that are generally not more than 30 minutes long. Due to this constraint and my preference for Malaysian podcasts, there are only three podcasts …
In this article, I will list down some common questions on Rakuten Trade (RT). These are the questions that were asked and answered before in the blog. To make things easy, I am compiling them here. 1. Safety: Is RT safe? What will happen to my shares if it winds down? First, our cash is …
The bear has come in the worldwide stock markets. Our Kuala Lumpur Composite Index (KLCI) has dipped below 1,400 and might even break the 1,300 level. Luckily, the index increased to 1,344.75 before market closed. Nonetheless, it is still a large decline in one day. Truth to be told, I did not expect the index …
When I was researching the exchange traded funds (ETFs) in the US market, I have used some websites to help me. In this article, I will share these resources. I will list down these websites in alphabetical order. ETF.com I use this website (Link) to get a list of all ETFs for a particular country …
Not too long ago, I just shared that Rakuten Trade (RT) reduces its interest rate for the cash deposit on its platform. Starting 4 March 2020, it revises interest rate again. Reason of reduction Bank Negara Malaysia (BNM) has announced the reduction of the overnight policy rate (OPR) from 2.75% to 2.50% on 3 March …
Rakuten Trade has simplified its account opening process and is giving some benefits for account opening currently. So, what are different now? Process simplification Previously, to open an account, we have to provide a bank statement. However, this document is not needed anymore, unless you are using a joint account. So, you just have to …
[There is an update to this article. Please click here to read it.] Recently, Bank Negara Malaysia (BNM) has cut its overnight policy rate (OPR) by 0.25% to 2.75%. How does this affect Rakuten Trade‘s interest rate on our cash deposits? Previous Rakuten Trade’s interest rate I guess most Rakuten Trade users notice the Interest …
I principally use Rakuten Trade web platform for my trading. However, once in a while, I use its mobile trading app when I do not have access to computer. This mobile app is known as iSPEED.my. it is available on both Google Play Store and Apple App Store. Features Once we log in, we will …
