Recently there are some allegations that Rakuten Trade (RT) is involved in online platform scams. It is claimed that RT is offering various “investment plans” at a cost. Is this true? Background RT is the the country’s first and only fully digital equities trading platform. It is a joint venture between Kenanga Investment Bank Berhad …
It has been more than half a year since I open an account with MYTHEO (seven months to be exact). I think it is a good time now to review my investment performance on this robo-advisor platform. Investing strategy I am using its allocation recommendation and my current asset allocation is 69% growth, 21% income …
Since I start to use ToledoTrade, I have to fund the brokerage account with USD. Thus, I was looking for the cheapest way to transfer USD from Malaysia to US. In the process, I have engaged three service providers, namely Alliance Bank, InstaReM and Maybank. However, InstaReM is unable to transfer fund into virtual bank …
What is a robo-advisor? According to Investopedia, “Robo-advisors (also spelled robo-adviser or roboadvisor) are digital platforms that provide automated, algorithm-driven financial planning services with little to no human supervision. A typical robo-advisor collects information from clients about their financial situation and future goals through an online survey and then uses the data to offer advice …
If you are using Rakuten Trade, did you notice the existence of Rakuten Trade Points or otherwise known simply RT Points? It is the rewards ecosystem of this trading platform. How do we earn the points? What can we do with these points? Ways to earn RT Points There are two ways to earn RT …
When I logged in to Fundsupermart (FSM) recently, I noticed that the platform has undergone a transformation. It is now known as FSMOne. As confirmed with the FSMOne team, the platform is upgraded on 21 December 2018. So, what are the changes? In this update, I will just write about the Funds segment of the …
(Updated: 23 August 2019) After using Rakuten Trade for some time, I have discovered some of its disadvantages. As it is using nominee account exclusively, Rakuten Trade is different from the main brokerage houses in Malaysia. (I have talked about its benefits in another article.) What is a nominee account? It is a securities account …
(Updated: 3 January 2020) I first opened a trading account with Rakuten Trade (Link) in August 2018. After using it for a while, I feel it is a good platform to share with others. Main Benefit The main selling point for this brokerage is its low brokerage fee. If the transaction involves less than …
Exchange traded fund (ETF) has been touted by some parties as an alternative to mutual fund. What exactly is ETF? According to Investopedia, “An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common …
If you have been reading my posts about mutual fund, you must have known about Fundsupermart Malaysia. You also know that I highly recommend it. What is so great about this platform? If you have not read any of my articles regarding mutual fund, I shall let you know what is Fundsupermart now. It is …
