Rakuten Trade is an online stock trading platform that allows users to buy and sell shares of stocks listed on the Japan Exchange Group, the Nasdaq Stock Market, and the New York Stock Exchange. Rakuten Trade was founded in 2010 and is headquartered in Tokyo, Japan. There are many reasons why Rakuten Trade is the best online broker. First and foremost, they offer commission-free stock and ETF trading with no account minimums. This is a huge benefit for investors who are just starting out and don’t have a lot of money to invest.
If you’re looking to start trading with Rakuten Trade, there are a few things you need to know. In this blog, we’ll walk you through the process of opening an account, funding your account, and placing your first trade. By the end, you’ll be ready to start trading! Once your application is complete, you’ll need to fund your account before you can start trading. Rakuten Trade offers a few different funding options, including bank transfers and cheque deposits. Once your funds have been deposited, you’re ready to start trading!
To place your first trade, you’ll need to log in to your account and navigate to the trading platform. From there, you can search for the stock you want to trade and place your order. It’s that simple! Now that you know the basics of how to start trading with Rakuten Trade, it’s time to get started! Rakuten Trade is one of the most popular online brokers in Malaysia. Rakuten Trade offers online trading platforms for both local and international markets. It is a subsidiary of the Japanese e-commerce giant Rakuten. Rakuten Trade is one of the few brokers that offer zero commission trading. This means that you will not be charged any commission when you trade with Rakuten Trade. The only fees you will be charged are the transaction fees imposed by the exchange.
The rakuten trade also offers a mobile trading app which is available for both Android and iOS devices. The app is user-friendly and offers all the features that are available on the desktop trading platform. Another advantage of trading with Rakuten Trade is that it offers a demo account. This is a great way for new traders to learn how to trade without risking any real money. The demo account is funded with virtual money and you can trade in real-time with live market data. Rakuten Trade is a reliable and safe broker. It is regulated by the Malaysian Securities Commission and is a member of the Bursa Malaysia. If you are looking for a broker that offers zero commission trading and a mobile trading app, then Rakuten Trade is the best broker for you.
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The Rakuten Trade support team is available around the clock. It can be reached through a variety of channels, including email and live chat. However, Rakuten Trade ticket system does not provide an estimated response time. However, if you have a genuine issue, you can contact the company through its social media pages or contact it via a customer support agent. The Rakuten Trade mobile application also offers fingerprint recognition and pattern lock security features. This feature prevents unauthorized access to the device. In addition to providing fingerprint and pattern lock security, the Rakuten Trade also has security training for its employees and runs bug bounty programs where it rewards white-hat hackers for identifying security vulnerabilities.
Wrapping Up
Rakuten Trade supports a variety of order types, including market orders, limit orders, conditional orders, stop-loss orders, and advanced order types. It also offers Good till Cancelled orders that remain valid until manual cancellation. Similarly, a Fill or Kill order must be fully executed, while an Immediate or Cancel order must be executed instantly. The Rakuten Trade interface is intuitive and easy-to-use. It is inspired by the Binance platform, which is well-known for its user-friendly interface. The latter option allows users to customize the look of the app by changing its background color and font size.
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