Rakuten Trade
Rakuten Trade is Malaysia's first fully digital stockbroker, launched in 2017 as a joint venture between Rakuten Securities and Kenanga Investment Bank. The platform offers commission-free trading on the first RM1,000 of monthly purchases, making it highly attractive for small investors. Rakuten Trade is licensed by the Securities Commission Malaysia and is a Participating Organisation of Bursa Malaysia. The platform provides access to Malaysian, US, and Hong Kong markets through a user-friendly mobile app. Rakuten Trade is particularly popular among Malaysian beginners for its low fees and digital-first approach.
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Catalog tags
Risk Warning
Trading financial instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Leverage trading can amplify both profits and losses. Past performance is not indicative of future results. Before trading, please consider your level of experience, investment objectives, and seek independent financial advice if necessary.
Key Features
Listed highlights
- Securities Commission Malaysia license
- Zero commission on first RM1,000
- Fully digital
- Kenanga Investment Bank backing
- User-friendly app
- Multi-market access
Listed considerations
- • Malaysia-focused
- • Limited research tools
- • Bursa-only primarily
- • Complex fee structure above threshold
- • Limited customer support
Quick Comparison
| Feature | Rakuten Trade | DBS Vickers | Interactive Brokers | Boursorama | Hargreaves Lansdown |
|---|---|---|---|---|---|
| Rating | Not available | Not available | Not available | Not available | Not available |
| Pricing | Market and transaction dependent | Market and account dependent | $0/trade for eligible Lite products | Account and market dependent | Account and dealing charges vary |
| Founded | 2017 | 1986 | 1978 | 1995 | 1981 |
Frequently Asked Questions
Is Rakuten Trade regulated?
What does zero commission mean?
What markets can I trade?
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Licence number and legal-entity verification: not recorded. Check the regulator directly.