{"id":56033,"date":"2023-04-14T16:24:03","date_gmt":"2023-04-14T08:24:03","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=56033"},"modified":"2023-04-14T19:24:29","modified_gmt":"2023-04-14T11:24:29","slug":"rakuten-trade-rm1-brokerage-fee","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/rakuten-trade-rm1-brokerage-fee","title":{"rendered":"Rakuten Trade Offers New Brokerage Fees From RM1"},"content":{"rendered":"<p>Starting 17 April 2023, Rakuten Trade&#8217;s minimum brokerage rate will go from RM7 to RM1 with the maximum remaining at RM100.<\/p>\n<p>It used to be expensive for Malaysians to buy international stocks with local brokers. With high minimum fees and paying them in US currency, many beginners or those without huge investment sums can be discouraged.<\/p>\n<p>This is where Rakuten Trade, one of the earliest to offer fully digital equity brokerage services to Malaysians can make investment more accessible.<\/p>\n<p>This new low rate will apply to all markets that Rakuten Trade offers access into, including NYSE\/NASDAQ, and Hong Kong Exchange (HKEX).<\/p>\n<p>Here&#8217;s the new fee structure to take effect on 17 April, 2023:<\/p>\n<p><a href=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190354\/RT-new-brokerage-rates.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-56034\" src=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190354\/RT-new-brokerage-rates.jpg\" alt=\"Rakuten Trade RM1 fees\" width=\"1200\" height=\"276\" srcset=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190354\/RT-new-brokerage-rates.jpg 1200w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190354\/RT-new-brokerage-rates-300x69.jpg 300w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190354\/RT-new-brokerage-rates-800x184.jpg 800w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190354\/RT-new-brokerage-rates-768x177.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p>&#8220;In May 2017, Rakuten Trade successfully lowered the barriers to entry and soon, will be crossing another industry milestone of further lowering the barriers to trade.<\/p>\n<p>&#8220;By making investing more affordable and providing opportunity to many more, digital investing will now be more accessible to investors keen to grow their wealth,\u201d Rakuten Trade\u2019s CEO Mr Kazumasa Mise announced in a statement to the media today.<\/p>\n<p><a href=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190622\/RT-RM1-international-brokerage-fee.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-56035\" src=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190622\/RT-RM1-international-brokerage-fee.jpg\" alt=\"RT RM1 fee\" width=\"1200\" height=\"1200\" srcset=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190622\/RT-RM1-international-brokerage-fee.jpg 1200w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190622\/RT-RM1-international-brokerage-fee-300x300.jpg 300w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190622\/RT-RM1-international-brokerage-fee-800x800.jpg 800w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190622\/RT-RM1-international-brokerage-fee-150x150.jpg 150w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190622\/RT-RM1-international-brokerage-fee-768x768.jpg 768w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/04\/14190622\/RT-RM1-international-brokerage-fee-200x200.jpg 200w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p>Rakuten Trade will also be revising its popular RT points rewards structure. The Rewards Ecosystem will give investors 1 RT point for every RM1 spent on brokerage fees to give investors a faster way to earn brokerage free rebates than ever before.<\/p>\n<p>You can check out more share trading options and sign up for Rakuten Trade <a href=\"https:\/\/www.imoney.my\/share-trading\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new rates will apply to all markets Rakuten Trade offers access into \u2013 Bursa<br \/>\nMalaysia, NYSE\/NASDAQ, and Hong Kong Exchange (HKEX).<\/p>\n","protected":false},"author":1,"featured_media":56037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,216,267],"tags":[772],"class_list":["post-56033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-news-updates","category-share-trading","tag-investing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rakuten Trade Offers New Brokerage Fees From RM1<\/title>\n<meta name=\"description\" content=\"Whether you trade on US stock exchanges like NYSE\/NASDAQ, or the Hong Kong Exchange (HKEX), the brokerage fee still start from RM1.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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