{"id":70574,"date":"2024-01-09T11:26:00","date_gmt":"2024-01-09T03:26:00","guid":{"rendered":"https:\/\/nomoneylah.com\/?p=70574"},"modified":"2024-01-10T17:53:57","modified_gmt":"2024-01-10T09:53:57","slug":"rakuten-trade-review","status":"publish","type":"post","link":"https:\/\/nomoneylah.com\/2024\/01\/09\/rakuten-trade-review\/","title":{"rendered":"Rakuten Trade Long-Term Review: 5 Reasons Why it is my Go-To Stock Broker!"},"content":{"rendered":"\n<p><a title=\"\" class=\"aalmanual\" href=\"https:\/\/nomoneylah.com\/2021\/02\/08\/rakuten-trade-review\/\">Rakuten Trade<\/a> has been my go-to broker to invest in the stock market for more than 4 years now.&nbsp;<\/p>\n\n\n\n<p>As a long-term user, I have both good and to-be-improved experiences with the platform. <\/p>\n\n\n\n<p>In this&nbsp;<a href=\"https:\/\/nomoneylah.com\/2021\/02\/08\/rakuten-trade-review\/\">Rakuten Trade<\/a>&nbsp;review, let\u2019s learn more about this platform and whether they are&nbsp;<em>the<\/em>&nbsp;stock investing platform for you!&nbsp;<\/p>\n\n\n\n<p>Before you proceed, here are some related posts that you might find useful:<\/p>\n\n\n\n<ul>\n<li><strong><a href=\"https:\/\/nomoneylah.com\/2022\/02\/15\/rakuten-trade-us-trading-review\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rakuten Trade US Stock Trading Review<\/a><\/strong><\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong><a href=\"https:\/\/nomoneylah.com\/2022\/03\/08\/buy-us-share-on-rakuten-trade\/\" target=\"_blank\" rel=\"noreferrer noopener\">MUST-KNOW tips to buy US shares on Rakuten Trade!<\/a><\/strong><\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong><a href=\"https:\/\/nomoneylah.com\/2023\/05\/19\/rakuten-trade-fractional-trading\/\" target=\"_blank\" rel=\"noreferrer noopener\">How to buy Fractional Shares on Rakuten Trade<\/a><\/strong><\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong><a href=\"https:\/\/nomoneylah.com\/2023\/02\/02\/rakuten-trade-hk-trading-review\" target=\"_blank\" rel=\"noreferrer noopener\">Rakuten Trade HK Stock Trading Review<\/a><\/strong><\/li>\n<\/ul>\n\n\n\n<div style=\"height:2px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-662bd6edbc5ab\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-662bd6edbc5ab\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/nomoneylah.com\/2024\/01\/09\/rakuten-trade-review\/#How_I_use_Rakuten_Trade\" title=\"How I use Rakuten Trade\">How I use Rakuten Trade<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/nomoneylah.com\/2024\/01\/09\/rakuten-trade-review\/#Rakuten_Trade_Feature_Highlights\" title=\"Rakuten Trade Feature Highlights\">Rakuten Trade Feature Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/nomoneylah.com\/2024\/01\/09\/rakuten-trade-review\/#6_things_I_like_about_Rakuten_Trade\" title=\"6 things I like about Rakuten Trade\">6 things I like about Rakuten Trade<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/nomoneylah.com\/2024\/01\/09\/rakuten-trade-review\/#Should_You_Open_a_Rakuten_Trade_Account_How_to_open_one\" title=\"Should You Open a Rakuten Trade Account? (+ How to open one?)\">Should You Open a Rakuten Trade Account? (+ How to open one?)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/nomoneylah.com\/2024\/01\/09\/rakuten-trade-review\/#%F0%9F%8E%81_Rakuten_Trade_Referral_Link_for_New_Users\" title=\"\ud83c\udf81 Rakuten Trade Referral Link for New Users\">\ud83c\udf81 Rakuten Trade Referral Link for New Users<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/nomoneylah.com\/2024\/01\/09\/rakuten-trade-review\/#Awesome_Feature_Use_your_RT_Points_as_Brokerage_Fee_Rebate\" title=\"Awesome Feature: Use your RT Points as Brokerage Fee Rebate!\">Awesome Feature: Use your RT Points as Brokerage Fee Rebate!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/nomoneylah.com\/2024\/01\/09\/rakuten-trade-review\/#No_Money_Lahs_Verdict\" title=\"No Money Lah\u2019s Verdict\">No Money Lah\u2019s Verdict<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/nomoneylah.com\/2024\/01\/09\/rakuten-trade-review\/#Disclaimer\" title=\"Disclaimer:\">Disclaimer:<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-how-i-use-rakuten-trade\"><span class=\"ez-toc-section\" id=\"How_I_use_Rakuten_Trade\"><\/span>How I use Rakuten Trade<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Personally, I use Rakuten Trade mainly for long-term&nbsp;<a href=\"https:\/\/nomoneylah.com\/2019\/01\/10\/5-differences-between-investing-trading-that-experts-may-not-tell-you\/\">investing<\/a>. Meaning, I invest in stocks and hold them for years&nbsp;UNLESS&nbsp;there is a shift in business nature or fundamentals.&nbsp;This also means that:<\/p>\n\n\n\n<ul>\n<li>I&nbsp;<em>do not<\/em>&nbsp;actively trade in and out of the market.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li>Also, I certainly&nbsp;<em>do not<\/em>&nbsp;need to be on the screen\/app at 9am when the market opens in an attempt to get the \u2018best\u2019 stock entry price<\/li>\n<\/ul>\n\n\n\n<ul>\n<li>Plus, I definitely&nbsp;<em>do not<\/em>&nbsp;participate when the market is crazy over any particular stock \u2013 I invest in what I know best instead of following the herd.<\/li>\n<\/ul>\n\n\n\n<p><strong>Putting this ahead is CRUCIAL because this review is purely based on my personal experience and usage. <\/strong><\/p>\n\n\n\n<p><strong>Depending on your participation in the market, you may find your experience differs from mine.<\/strong>&nbsp;<\/p>\n\n\n\n<p>That said, if you are in for investing in quality companies for the long-term, I think this review will give you solid insights on Rakuten Trade as a stock investing platform.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rakuten_Trade_Feature_Highlights\"><\/span>Rakuten Trade Feature Highlights<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul>\n<li>Rakuten Trade is a joint venture between Malaysia\u2019s Kenanga Investment Bank Bhd. and Japan\u2019s Rakuten Securities Inc. Established in 2017,&nbsp;<strong>Rakuten Trade is under the regulation of the Securities Commission (SC) of Malaysia<\/strong>&nbsp;and holds the Capital Markets Services License (CMSL) to deal with listed securities and provide investment advice<\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>Rakuten Trade offers a full online investing experience<\/strong>. From registration to funding\/withdrawal, every process is done online at our convenience. Plus, get your account approved within 3 days (sometimes earlier). This is much more efficient compared to certain brokers that require weeks to approve an account.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>Rakuten Trade offers one of the most competitive commission rates in Malaysia.<\/strong>&nbsp;In other words, Rakuten Trade is a fee-friendly option, especially for new investors who are starting with a small capital \u2013 more below.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>Rakuten Trade&nbsp;<a href=\"https:\/\/nomoneylah.com\/2022\/02\/15\/rakuten-trade-us-trading-review\/\" target=\"_blank\" rel=\"noreferrer noopener\">offers users access to the US stock market<\/a><\/strong>&nbsp;<strong>and Hong Kong stock market<\/strong>&nbsp;at a highly affordable commission!<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-2-1024x1024.jpg\" alt=\"Trade US and Malaysia stocks on Rakuten Trade\" class=\"wp-image-73684\" style=\"width:758px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-2-1024x1024.jpg 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-2-300x300.jpg 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-2-150x150.jpg 150w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-2-768x768.jpg 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-2-350x350.jpg 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-2-348x348.jpg 348w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-2.jpg 1350w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Trade US and Malaysia stocks on Rakuten Trade<\/figcaption><\/figure><\/div>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-6-things-i-like-about-rakuten-trade\"><span class=\"ez-toc-section\" id=\"6_things_I_like_about_Rakuten_Trade\"><\/span>6 things I like about Rakuten Trade<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-competitive-fees-for-malaysia-amp-us-stock-market\">#1 Competitive Fees for Malaysia &amp; US Stock Market<\/h3>\n\n\n\n<p>Rakuten Trade offers one of the most competitive rates in the local brokerage scene, be it for Malaysia, the US, or Hong Kong stock market.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">(a) Rakuten Trade Brokerage Fee for MYR trading (Bursa Malaysia, US, and HK stock market):<\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/myr-trading-fee-Rakuten-Trade.jpg\"><img decoding=\"async\" width=\"613\" height=\"347\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/myr-trading-fee-Rakuten-Trade.jpg\" alt=\"Rakuten Trade myr trading fee\" class=\"wp-image-74620\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/myr-trading-fee-Rakuten-Trade.jpg 613w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/myr-trading-fee-Rakuten-Trade-300x170.jpg 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/myr-trading-fee-Rakuten-Trade-350x198.jpg 350w\" sizes=\"(max-width: 613px) 100vw, 613px\" \/><\/a><\/figure><\/div>\n\n\n<h4 class=\"wp-block-heading\">(b) Rakuten Trade Brokerage Fee for USD trading (US stock market):<\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/usd-trading-fee-Rakuten-Trade.jpg\"><img decoding=\"async\" width=\"498\" height=\"206\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/usd-trading-fee-Rakuten-Trade.jpg\" alt=\"Rakuten Trade usd trading fee\" class=\"wp-image-74622\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/usd-trading-fee-Rakuten-Trade.jpg 498w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/usd-trading-fee-Rakuten-Trade-300x124.jpg 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/usd-trading-fee-Rakuten-Trade-350x145.jpg 350w\" sizes=\"(max-width: 498px) 100vw, 498px\" \/><\/a><\/figure><\/div>\n\n\n<h4 class=\"wp-block-heading\">(c) Rakuten Trade Brokerage Fee for HKD trading (HK stock market):<\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/hkd-trading-fee-Rakuten-Trade.jpg\"><img decoding=\"async\" width=\"503\" height=\"168\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/hkd-trading-fee-Rakuten-Trade.jpg\" alt=\"Rakuten Trade hkd trading fee\" class=\"wp-image-74621\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/hkd-trading-fee-Rakuten-Trade.jpg 503w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/hkd-trading-fee-Rakuten-Trade-300x100.jpg 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/hkd-trading-fee-Rakuten-Trade-350x117.jpg 350w\" sizes=\"(max-width: 503px) 100vw, 503px\" \/><\/a><\/figure><\/div>\n\n\n<p><strong>However, while looking for a broker, there are more things to consider than commissions alone.&nbsp;<\/strong>Let\u2019s explore the additional value-added strengths that I like about Rakuten Trade in the next few points below.<\/p>\n\n\n\n<p><strong>RELATED READ:<\/strong>&nbsp;<a href=\"https:\/\/nomoneylah.com\/2022\/02\/15\/rakuten-trade-us-trading-review\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rakuten US Stock Trading Review<\/a>&nbsp;<\/p>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-nominee-cds-account-no-manual-paperwork-needed-free-cds-fee\">#2 Nominee CDS Account = No Manual Paperwork Needed (+ FREE CDS Fee!)<\/h3>\n\n\n\n<p>Everyone has to open a Central Depository System (CDS) account while applying for a <a title=\"\" class=\"aalmanual\" href=\"https:\/\/nomoneylah.com\/2019\/06\/30\/stock-trading-account\/\">stock investing account<\/a>. Most brokers make it part of the whole registration process already, so don\u2019t worry too much.&nbsp;<\/p>\n\n\n\n<p>What you need to know though, is that there are 2 types of CDS accounts:&nbsp;<a href=\"https:\/\/nomoneylah.com\/2021\/05\/13\/stock-trading-account\/#Which_is_better_Direct_CDS_or_Nominee_CDS_Account\" target=\"_blank\" rel=\"noreferrer noopener\">Nominee and Direct CDS account<\/a>.&nbsp;&nbsp;In this case, Rakuten Trade is a Nominee CDS. The good things that come with this are:<\/p>\n\n\n\n<ul>\n<li><strong>No need to manage the paperwork<\/strong>&nbsp;<strong>on corporate actions<\/strong>&nbsp;like <a title=\"\" class=\"aalmanual\" href=\"https:\/\/nomoneylah.com\/2021\/01\/14\/rights-issue\/\">rights issue<\/a> and dividend reinvestment program (DRP). Everything about corporate action is handled by Rakuten Trade on behalf of the users, which is awesome because my time is too precious for (more) paperwork.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li>While other brokers that offer Nominee CDS account charges a fee to handle corporate action for users,&nbsp;<em>BUT<\/em>&nbsp;<strong>specifically for Rakuten Trade, there are no additional charges on handling corporate action \u2013 yes, FREE.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>FREE CDS account opening:&nbsp;<\/strong>Typically, there is an RM10 fee imposed on opening a CDS account. However, Rakuten Trade has been waiving this fee for users too!<a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/hkd-trading-fee-Rakuten-Trade.jpg\"><\/a><\/li>\n<\/ul>\n\n\n\n<p>All being said, many have the concern that under a Nominee CDS, their share ownership is placed under a trustee instead of directly under their own name (this is done to avoid fraud).&nbsp;<\/p>\n\n\n\n<p>For me, I think this is not a matter to be concerned with because (1) Rakuten Trade is regulated heavily by the SC and <strong>(2) in the event that the company does go bankrupt, our capital is protected as it is placed with a trustee instead of with Rakuten Trade.<\/strong>&nbsp;<\/p>\n\n\n\n<p><strong>READ:<\/strong>&nbsp;<a href=\"https:\/\/nomoneylah.com\/2019\/06\/30\/stock-trading-account\/\" target=\"_blank\" rel=\"noreferrer noopener\">Direct and Nominee CDS, what\u2019s the difference, and how to choose?<\/a>&nbsp;<\/p>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-clean-functional-amp-user-friendly-platform\">#3 Clean, Functional &amp; User-Friendly Platform<\/h3>\n\n\n\n<p>Being a fully online broker, Rakuten Trade provides investors with a modern and clean trading experience.&nbsp;Personally, I have used several brokers in the past, and have seen the interface of other brokers. <\/p>\n\n\n\n<p>There are 2 problems with many of these brokers:<\/p>\n\n\n\n<ul>\n<li>Obsolete design\/complicated user interface like they are from the early 2000s. Beginners are overwhelmed with poor layouts and simply can\u2019t find what they want to do easily.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li>Non-functional \u2013 certain platforms are barebone (different from minimalist) without value-added features like stock screeners and so on.<strong><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/01\/usd-trading-fee-Rakuten-Trade.jpg\"><\/a><\/strong><\/li>\n<\/ul>\n\n\n\n<p><strong>In this regard, Rakuten Trade struck a decent balance between user experience and functionality. Its web platform is simple to navigate with solid value-added features like stock screeners and price alerts.<\/strong>&nbsp;<\/p>\n\n\n\n<p>Coming from using several brokers in the past, I am sure new users will appreciate and be able to familiarize themselves with Rakuten Trade with little to no issue.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-platform.png\"><img decoding=\"async\" width=\"1024\" height=\"489\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-platform-1024x489.png\" alt=\"Rakuten Trade web platform\" class=\"wp-image-70581\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-platform-1024x489.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-platform-300x143.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-platform-768x367.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-platform-1536x734.png 1536w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-platform.png 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Modern &amp; Simple: Rakuten Trade web platform<\/figcaption><\/figure>\n\n\n\n<p><strong>READ:<\/strong><a href=\"https:\/\/nomoneylah.com\/2019\/06\/25\/first-trade\/\" target=\"_blank\" rel=\"noreferrer noopener\">How to buy your first stock on Rakuten Trade<\/a>&nbsp;<\/p>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-quick-response-from-customer-service\">#4 Quick Response from Customer Service<\/h3>\n\n\n\n<p>Any company that tries to go digital today MUST have proper online customer service in place.&nbsp;<\/p>\n\n\n\n<p>Generally, there are 3 ways a user can reach out for help: Facebook Chat, Email (<a href=\"mailto:customerservice@rakutentrade.my\" target=\"_blank\" rel=\"noreferrer noopener\">customerservice@rakutentrade.my<\/a>), and a Hotline. <\/p>\n\n\n\n<p>With the exception of Hotline, I have reached out to Rakuten Trade with questions on several occasions in the past.&nbsp;Generally, the response from the Customer Service team is quick and I usually get my questions addressed.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/rt-customer-service.png\"><img decoding=\"async\" width=\"1024\" height=\"452\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/rt-customer-service-1024x452.png\" alt=\"Just me randomly testing Rakuten Trade's customer service. The response has been quick.\" class=\"wp-image-70582\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/rt-customer-service-1024x452.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/rt-customer-service-300x132.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/rt-customer-service-768x339.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/rt-customer-service-1536x677.png 1536w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/rt-customer-service.png 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Just me randomly testing Rakuten Trade&#8217;s customer service. The response has been quick.<\/figcaption><\/figure>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-solid-value-adding-features-eg-powerful-stock-screener-earn-interest-on-idle-cash\">#5 Solid Value-Adding Features (eg. Powerful Stock Screener, earn interest on idle cash)<\/h3>\n\n\n\n<p>There are several features in Rakuten Trade that make investing a fruitful process for users.&nbsp;<strong>Namely, Rakuten Trade\u2019s built-in stock screener is one of the most comprehensive FREE screeners around.<\/strong>&nbsp;<\/p>\n\n\n\n<p>Powered by Thomson Reuters, there are many parameters that you can set up to filter for stocks.&nbsp;For new investors, this is certainly an awesome feature to have to reduce the time needed to research for stocks.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2020\/11\/screener-direction-presets.png\"><img decoding=\"async\" width=\"905\" height=\"632\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2020\/11\/screener-direction-presets.png\" alt=\"Rakuten Trade Stock Screener comes with several presets to get beginners started.\" class=\"wp-image-70279\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2020\/11\/screener-direction-presets.png 905w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2020\/11\/screener-direction-presets-300x210.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2020\/11\/screener-direction-presets-768x536.png 768w\" sizes=\"(max-width: 905px) 100vw, 905px\" \/><\/a><figcaption class=\"wp-element-caption\">Rakuten Trade Stock Screener comes with several presets to get beginners started.<\/figcaption><\/figure><\/div>\n\n\n<p><strong>READ:<\/strong><a href=\"https:\/\/nomoneylah.com\/2020\/11\/26\/bursa-stock-screener-guide\/\" target=\"_blank\" rel=\"noreferrer noopener\"> How to build your own reliable Bursa stock screener.<\/a><\/p>\n\n\n\n<p><strong>And do you know with Rakuten Trade, you actually earn a 1.50% annual interest on the cash balance in your account?<\/strong>&nbsp;<\/p>\n\n\n\n<p>I was not aware of this when I first used Rakuten Trade and was pleasantly surprised when I received interest on my cash balance.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new.jpg\"><img decoding=\"async\" width=\"1350\" height=\"1350\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new.jpg\" alt=\"Earn interest on the idle cash that you deposit in Rakuten Trade while waiting for your next investment opportunity. (Source: Rakuten Trade Malaysia)\" class=\"wp-image-73683\" style=\"width:519px;height:519px\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new.jpg 1350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-300x300.jpg 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-1024x1024.jpg 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-150x150.jpg 150w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-768x768.jpg 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-350x350.jpg 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/05\/RT-Idle-Cash-new-348x348.jpg 348w\" sizes=\"(max-width: 1350px) 100vw, 1350px\" \/><\/a><figcaption class=\"wp-element-caption\">Earn interest on the idle cash that you deposit in Rakuten Trade while waiting for your next investment opportunity. (Source: Rakuten Trade Malaysia)<\/figcaption><\/figure><\/div>\n\n\n<p><strong>READ:<\/strong><a href=\"https:\/\/nomoneylah.com\/2020\/10\/16\/4-rakuten-trade-features\/\" target=\"_blank\" rel=\"noreferrer noopener\"> 4 Underrated Features on Rakuten Trade<\/a><\/p>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-6-fractional-trading-for-the-us-market\">#6 Fractional Trading for the US market<\/h3>\n\n\n\n<p>Starting May 2023, Rakuten Trade launched its Fractional Share Trading for US stocks and&nbsp;<a href=\"https:\/\/nomoneylah.com\/2021\/03\/10\/etf-investing-guide\/\">ETFs<\/a>. This makes it more capital-friendly for Malaysians to own US stocks.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nomoneylah.com\/2023\/05\/19\/rakuten-trade-fractional-trading\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/05\/RT-frac-article-art-1024x512.jpg\" alt=\"Rakuten Trade Fractional Share Trading for US stocks review &amp; FAQ\" class=\"wp-image-74824\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/05\/RT-frac-article-art-1024x512.jpg 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/05\/RT-frac-article-art-300x150.jpg 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/05\/RT-frac-article-art-768x384.jpg 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/05\/RT-frac-article-art-1536x768.jpg 1536w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/05\/RT-frac-article-art-350x175.jpg 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/05\/RT-frac-article-art.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><strong>READ MORE:&nbsp;<\/strong><a href=\"https:\/\/nomoneylah.com\/2023\/05\/19\/rakuten-trade-fractional-trading\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rakuten Trade Fractional Share Trading review<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Should_You_Open_a_Rakuten_Trade_Account_How_to_open_one\"><\/span>Should You Open a Rakuten Trade Account? (+ How to open one?)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>All in all, Rakuten Trade has been my go-to broker while investing in the stock market, and I have no problem recommending Rakuten Trade to:<\/p>\n\n\n\n<ul>\n<li><strong>New investors with small capital<\/strong>&nbsp;that are looking to get started in the Malaysia &amp;&nbsp;<a href=\"https:\/\/nomoneylah.com\/2022\/02\/15\/rakuten-trade-us-trading-review\/\" target=\"_blank\" rel=\"noreferrer noopener\">US stock market<\/a>&nbsp;thanks to Rakuten Trade\u2019s beginner-friendly commission.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li>Investors that are looking to&nbsp;<strong>save time on paperwork and skip the handling fees<\/strong>&nbsp;for corporate action such as dividends and rights issue.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li>Investors who are looking to&nbsp;<strong>open an account and manage their stock portfolio&nbsp;<u>fully<\/u>&nbsp;online<\/strong>&nbsp;during this pandemic.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li>Investors who are looking for&nbsp;<strong>a modern, user-friendly stock trading platform<\/strong>&nbsp;without compromising on features.<\/li>\n<\/ul>\n\n\n\n<p><strong>If you fall into any one (or more) of these categories,&nbsp;<\/strong><strong>check out my&nbsp;<\/strong><a href=\"https:\/\/nomoneylah.com\/2021\/05\/13\/stock-trading-account\/#Step-by-Step_Guide_to_Open_a_Rakuten_Trade_Stock_Trading_Account_Cash_Upfront_account\" target=\"_blank\" rel=\"noreferrer noopener\"><u>step-by-step guide to open your Rakuten Trade account online<\/u><\/a><strong>!<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h2 class=\"wp-block-heading\" id=\"h-rakuten-trade-referral-link-for-new-users\"><span class=\"ez-toc-section\" id=\"%F0%9F%8E%81_Rakuten_Trade_Referral_Link_for_New_Users\"><\/span><a href=\"https:\/\/emojipedia.org\/wrapped-gift\">\ud83c\udf81<\/a> Rakuten Trade Referral Link for New Users<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you are keen to open a Rakuten Trade account, consider using my referral link below! For that, you\u2019ll get:<\/p>\n\n\n\n<ul>\n<li><strong>1000 Rakuten Trade (RT) points worth RM10 to offset your brokerage fee.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>+ 1000 RT points when you deposit an initial deposit of RM500 or more.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>+ 1 RT point for each RM10 share value when you transfer your shares from other brokers to Rakuten Trade.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>+ 2800 RT points worth RM28 when you activate foreign share trading (US &amp; HK market) feature <\/strong>(p.s. Promo ending 30\/6\/2024, and will revert to 1288 RT points thereafter)<strong>.  <\/strong><\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/www.rakutentrade.my\/device\/accountopening?mode=web&amp;source=NoMoneyLah&amp;referralcode=NoMoneyLah\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"640\" height=\"480\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/01\/image.png\" alt=\"\" class=\"wp-image-75234\" style=\"width:531px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/01\/image.png 640w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/01\/image-300x225.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/01\/image-350x263.png 350w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/figure><\/div>\n\n\n<ul>\n<li><strong>Free 0.01 unit of Nvidia share (NASDAQ: NVDA) when<\/strong> <strong>you activate foreign share trading (US &amp; HK market) feature<\/strong> <strong>and make your first buy trade on the US market<\/strong> during the campaign period (Campaign Period: 1\/4 &#8211; 20\/4\/2024, <a href=\"https:\/\/www.rakutentrade.my\/storage\/uploads\/files\/tnc_nvda_2024_campaign_final.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">T&amp;C applies<\/a>) <\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.rakutentrade.my\/device\/accountopening?mode=web&amp;source=NoMoneyLah&amp;referralcode=NoMoneyLah\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/V1_1080x1080-social-post-Nvidia-free-share-giveaway-1-1024x1024.png\" alt=\"Rakuten Trade free Nvidia share promo 2024\" class=\"wp-image-75561\" style=\"width:519px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/V1_1080x1080-social-post-Nvidia-free-share-giveaway-1-1024x1024.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/V1_1080x1080-social-post-Nvidia-free-share-giveaway-1-300x300.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/V1_1080x1080-social-post-Nvidia-free-share-giveaway-1-150x150.png 150w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/V1_1080x1080-social-post-Nvidia-free-share-giveaway-1-768x768.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/V1_1080x1080-social-post-Nvidia-free-share-giveaway-1-350x350.png 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/V1_1080x1080-social-post-Nvidia-free-share-giveaway-1-348x348.png 348w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/V1_1080x1080-social-post-Nvidia-free-share-giveaway-1.png 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure><\/div>\n\n\n<p>Aside from that, Rakuten Trade users get +1 RT point for every RM1 brokerage paid! Click\u00a0<a href=\"https:\/\/www.rakutentrade.my\/rakuten-trade-points\" target=\"_blank\" rel=\"noreferrer noopener\">HERE for the full T&amp;C on RT points<\/a>.\u00a0<\/p>\n\n\n\n<p class=\"has-text-align-center\"><a class=\"wp-block-button__link has-text-color has-very-dark-gray-color has-background\" style=\"background-color: #ff9900; border-radius: 16px;\" href=\"https:\/\/www.rakutentrade.my\/device\/accountopening?mode=web&amp;source=NoMoneyLah&amp;referralcode=NoMoneyLah\" target=\"_blank\" rel=\"https:\/\/www.stashaway.my\/ref\/no-money-lah-DQgMBA0JCw4FCgAEBA4ICA noopener\"><strong><span style=\"background-color:rgba(0, 0, 0, 0);color: #ffffff;\" class=\"has-inline-color\">Open A Rakuten Trade Account Today!<\/span><\/strong><\/a><\/p>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Related Post:&nbsp;<a href=\"https:\/\/nomoneylah.com\/2022\/05\/15\/rakuten-trade-us-trading-review\/#How_to_sign_up_to_trade_US_stocks_via_Rakuten_Trade\" target=\"_blank\" rel=\"noreferrer noopener\">Guide \u2013 How to activate US stock trading on Rakuten Trade<\/a><\/strong><\/p>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-how-can-you-use-these-rt-points\">How can you use these RT points?<\/h3>\n\n\n\n<p>These RT points are amazing, as they can be converted into brokerage rebates, Air Asia rewards, Boost stars, and Bonuslink points which are redeemable for rewards.&nbsp;<\/p>\n\n\n\n<p>p.s. Click&nbsp;<a href=\"https:\/\/www.rakutentrade.my\/storage\/uploads\/files\/tc_rt%20points_final.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">HERE<\/a>&nbsp;for the full T&amp;C of your account opening reward.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/promotion-code-png.png\"><img decoding=\"async\" width=\"1011\" height=\"689\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/promotion-code-png.png\" alt=\"Select 'NoMoneyLah' under 'Educator' to get your RT points!\" class=\"wp-image-70577\" style=\"width:601px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/promotion-code-png.png 1011w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/promotion-code-png-300x204.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/promotion-code-png-768x523.png 768w\" sizes=\"(max-width: 1011px) 100vw, 1011px\" \/><\/a><figcaption class=\"wp-element-caption\">Select &#8216;NoMoneyLah&#8217; under &#8216;Educator&#8217; to get your RT points! <\/figcaption><\/figure><\/div><\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-awesome-feature-use-your-rt-points-as-brokerage-fee-rebate\"><span class=\"ez-toc-section\" id=\"Awesome_Feature_Use_your_RT_Points_as_Brokerage_Fee_Rebate\"><\/span><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/02\/RT-CTA-Feb-2023-1.jpg\"><\/a>Awesome Feature: Use your RT Points as Brokerage Fee Rebate!<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Not too long ago, Rakuten Trade released an exciting new feature: now you can convert your RT points as a discount to your brokerage fee!\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<p>In my opinion, this is the most practical use of the RT points for Rakuten Trade users. This is how it works:<\/p>\n\n\n\n<p>Step 1: <strong>1 RT Point = RM0.01&nbsp;<\/strong>(ie. 100 RT points = RM1 Brokerage Fee.)<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-Points-1.png\"><img decoding=\"async\" width=\"1024\" height=\"427\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-Points-1-1024x427.png\" alt=\"Use RT points as brokerage fee rebate\" class=\"wp-image-71016\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-Points-1-1024x427.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-Points-1-300x125.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-Points-1-768x320.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-Points-1-1536x640.png 1536w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2021\/02\/RT-Points-1.png 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Now you can use your RT points as rebate for your brokerage fees.<\/figcaption><\/figure>\n\n\n\n<p>Step 2: <strong>Opt-in for brokerage rebate when you buy or sell shares on Rakuten Trade.<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/02\/RT-pts-reduce-brokerage-fee.jpg\"><img decoding=\"async\" width=\"736\" height=\"516\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/02\/RT-pts-reduce-brokerage-fee.jpg\" alt=\"Use RT points to offset brokerage fee\" class=\"wp-image-72283\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/02\/RT-pts-reduce-brokerage-fee.jpg 736w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2022\/02\/RT-pts-reduce-brokerage-fee-300x210.jpg 300w\" sizes=\"(max-width: 736px) 100vw, 736px\" \/><\/a><figcaption class=\"wp-element-caption\">Use RT points to offset brokerage fee<\/figcaption><\/figure><\/div>\n\n\n<p>Step 3: <strong>Your brokerage rebate will be credited to your account by the end of the trading day (subject to your RT Point balance).\u00a0<\/strong><\/p>\n\n\n\n<p>So let\u2019s say you have 700 RT points (RM7), and the brokerage fee that you paid for a transaction is RM9. By the end of the trading day, Rakuten Trade will deposit RM7 back into your account, essentially offsetting the brokerage fee to just RM2.<\/p>\n\n\n\n<p>You can find the full T&amp;C&nbsp;<a href=\"https:\/\/www.rakutentrade.my\/storage\/uploads\/files\/tc_tick%20trade%20rebate_v2%20300421.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-no-money-lah-s-verdict\"><span class=\"ez-toc-section\" id=\"No_Money_Lahs_Verdict\"><\/span>No Money Lah\u2019s Verdict<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>So here you go \u2013 my long-term user review of Rakuten Trade!&nbsp;<\/p>\n\n\n\n<p>For me, Rakuten Trade is a solid choice as it has the most balanced offering between value, functionalities, and rewards.<\/p>\n\n\n\n<p>As the platform develops, I foresee Rakuten Trade will become even more user-friendly with time.&nbsp;<\/p>\n\n\n\n<p>If you find this article useful, and would like to open your Rakuten Trade stock trading account, do<strong>&nbsp;consider using my referral link below<\/strong>&nbsp;to register for your account (or&nbsp;<strong>select \u2018NoMoneyLah\u2019 under \u2018Educator\u2019<\/strong>&nbsp;when you register).&nbsp;<\/p>\n\n\n\n<p class=\"has-text-align-center\"><a class=\"wp-block-button__link has-text-color has-very-dark-gray-color has-background\" style=\"background-color: #ff9900; border-radius: 16px;\" href=\"https:\/\/www.rakutentrade.my\/device\/accountopening?mode=web&amp;source=NoMoneyLah&amp;referralcode=NoMoneyLah\" target=\"_blank\" rel=\"https:\/\/www.stashaway.my\/ref\/no-money-lah-DQgMBA0JCw4FCgAEBA4ICA noopener\"><strong><span style=\"background-color:rgba(0, 0, 0, 0);color: #ffffff;\" class=\"has-inline-color\">Open A Rakuten Trade Account Today!<\/span><\/strong><\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Disclaimer\"><\/span>Disclaimer:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This post contains affiliate links, which afford No Money Lah a small referral (and in return, support this blog) if you sign up for an account using my referral link.&nbsp;Rakuten Trade did not receive copy approval rights on this article \u2013 that means they are reading this article for the first time, right alongside you.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The information stated above is based on my personal experience and for purpose of sharing such experience only. It is not intended as professional investment advice. Please contact Rakuten Trade for more information.<\/p>\n\n\n\n<div style=\"height:2px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rakuten Trade has been my go-to broker to invest in the stock market for more than 4 years now.&nbsp; As [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":70594,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[333,346],"tags":[292,343,349,352,205],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.5 (Yoast SEO v22.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rakuten Trade Long-Term Review: 5 Reasons Why it is my Go-To Stock Broker! - No Money Lah<\/title>\n<meta name=\"description\" content=\"Rakuten Trade offers an ultra-low commission from RM1\/trade, as well as access to the US, HK, and Malaysia markets. Features like Fractional Share Trading are also offered by Rakuten Trade.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nomoneylah.com\/2024\/01\/09\/rakuten-trade-review\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rakuten Trade Long-Term Review: 5 Reasons Why it is my Go-To Stock Broker!\" \/>\n<meta property=\"og:description\" content=\"Rakuten Trade offers an ultra-low commission from RM1\/trade, as well as access to the US, HK, and Malaysia markets. 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