{"id":39597,"date":"2019-08-27T20:17:34","date_gmt":"2019-08-27T12:17:34","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=39597"},"modified":"2019-09-12T14:52:49","modified_gmt":"2019-09-12T06:52:49","slug":"rakuten-trade-low-brokerage-fees","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/rakuten-trade-low-brokerage-fees","title":{"rendered":"Start Stock Trading With Low Brokerage Fees"},"content":{"rendered":"

<\/p>\n

Times are changing. The power of technology is making itself felt across all industries, and share trading is no exception. This shifts the power of buying and selling away from traditional stockbrokers and puts it in the hands of individuals like you and me.<\/p>\n

If you have been put off from entering the stock market high fees or lack of know-how, there is a solution you can easily fit into your current lifestyle and monthly budget. Today, mobile app technology allows you to quickly respond to new market trends and social platforms to learn how and what to trade to make the most of your money.<\/p>\n

<\/span>How Rakuten Trade passes the cost savings to you<\/span><\/h2>\n

Rakuten Trade offer not only the convenience to buy and sell shares at your own time, but also lowers the barrier to entry with low brokerage fees and easy application process. The low fixed fees for transactions below RM10,000 means the profits of your investments aren\u2019t going into the pockets of brokers.<\/p>\n

Below is a comparison of some popular brokerage charges.<\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t
Trading Value Per Transaction\/Stock
\n<\/th>		Rakuten Trade <\/th>Bank A<\/th>Bank B<\/th>Bank C<\/th>\n<\/tr>\n<\/thead>\n
< RM1,000.00<\/td>RM7.00<\/td>RM8.48<\/td>RM12<\/td>RM8.48<\/td>\n<\/tr>\n
RM1,000.00 to RM9,999.99<\/td>RM8.00<\/td>0.106%<\/td>0.49%
\n<\/td>		0.10%<\/td>\n<\/tr>\n
RM10,000.00 to RM99,999.99<\/td>0.10% of trading value<\/td>0.106%<\/td>0.49%
\n<\/td>		0.10%<\/td>\n<\/tr>\n
RM100,000.00 and above<\/td>RM100<\/td>0.106%<\/td>0.49%
\n<\/td>		0.10%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n
*6% ST applies<\/span><\/i><\/h6>\n

These low fees also mean that you don\u2019t need a lot of money to start stock trading. Instead, you are free to begin with small amounts and gradually build your portfolio.<\/p>\n

This is highly beneficial to beginners as the goal here is not to buy huge amounts of stocks from the get-go, but rather, to allow them to dip their toes into the market and test the trading waters.<\/p>\n

<\/span>Expert advice at your fingertips<\/span><\/h2>\n

\"\"<\/p>\n

There\u2019s no harm in paying someone else to handle your stock trading; they are professionals who are trained in the intricacies of handling the market. This includes being able to foresee market trends and talk to business insiders who may provide additional insights.<\/p>\n

However, Rakuten Trade provides the opportunity to bridge the knowledge gap by making its own in-house award-winning research team available for free and more social friendly. This team offers expertise on:<\/p>\n