<\/span><\/h3>\r\n<\/blockquote>\r\n\r\n\r\n\r\nYes, you can.<\/span><\/p>\r\n\r\n\r\n\r\nTo initiate a share transfer from another broker to Rakuten Trade, you will have to reach out to the broker where your shares are currently deposited in to fill up the shares transfer form. The shares will be reflected in your Rakuten Trade account upon successful transfer from the previous broker.<\/span><\/p>\r\n\r\n\r\n\r\nWhat are the Charges?<\/span><\/strong><\/h4>\r\n\r\n\r\n\r\nIt’ll be RM10.00 per stock charged by Bursa Malaysia Depository regardless of quantity.<\/span><\/p>\r\n\r\n\r\n\r\nHow long will the transfer take?<\/span><\/strong><\/h4>\r\n\r\n\r\n\r\nIf the instruction is received before 10:00am, the transfer will be done on the same business day. If the instruction is received after 10:00am, the transfer will be done by the next business day.<\/span><\/p>\r\n\r\n\r\n\r\nNote: This is subject to when the transfer is accepted and acknowledged by Bursa Malaysia Depository.<\/span><\/p>\r\n\r\n\r\n
\r\n\r\n\r\n\r\n<\/span>“Can buy foreign-listed shares with my Rakuten Trade account?”<\/strong><\/span><\/em><\/span><\/h3>\r\n<\/blockquote>\r\n\r\n\r\n\r\nNo<\/span><\/p>\r\n\r\n\r\n
\r\n\r\n\r\n\r\n<\/span>Potential RT Platform issue\/System Down Issue<\/strong><\/span><\/em><\/span><\/h3>\r\n<\/blockquote>\r\n\r\n\r\n\r\nSince MCO started, the market condition as attracted a huge influx of retail investors into the marketplace. This resulted in an increase in brokerage account activations across the board regardless of brokers.<\/span><\/p>\r\n \r\n\r\n <\/span><\/p>\r\nIndeed, I have heard feedback from people about system down issues on various brokers including Rakuten Trade. Hence, I have reached out to Rakuten Trade in hope to get some clarification on their approach to resolve the sudden influx of investors.<\/span><\/p>\r\n \r\n\r\n <\/span><\/p>\r\nAs per my knowledge, Rakuten Trade acknowledges and is mindful of the issue. In return, they are currently pushing updates to the platform in phase in order to improve the overall user experience.<\/span><\/p>\r\nUpdate October 2020: As per October 2020, Rakuten Trade has completed the deployment of updates to their platform which includes login and execution speed during peak hours. This means that there should be lesser glitches moving forward and a generally smoother experience. Personally, I’ve tried executing orders during peak hours and it has worked well for me. That said, should you face any issues feel free to share with me in the comment section below!<\/span><\/strong><\/p>\r\n\r\n\r\n\r\n\r\n\r\n<\/a>Source: Rakuten Trade<\/p>\r\n\r\n\r\n<\/p>\r\n
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