FAQs
RakuMargin is Malaysia’s latest and most innovative 3rd party margin financing trading account serviced by Rakuten Trade. This next generation margin trading account operates like a credit card allowing you to trade using available funds and/or with a pre-approved facility limit powered by Kenanga Investment Bank Berhad.
Third party margin is a loan facility, made available to you by a company other than Rakuten Trade. In this case, the third party is KENANGA INVESTMENT BANK BERHAD while we will handle your account services.
It depends on what type of investor you are. RakuMargin trading is typically more suitable for the sophisticated investor with a thorough understanding of investment risks and margin trading requirements.
Yes (between Rakuten Trade and Kenanga Investment Bank – the financier) as per our General Terms and Conditions on the application form (page 1).
Malaysian and non-U.S. citizens who are 18 years old or above subject to other terms and conditions that can be found on page 1 of the application form.
No. You just need to provide a soft copy of your NRIC/Passport via the online account application form.
We are the only broking house offering a completely digital trading experience from account opening, cash deposits, digital execution and settlement of trades to accessing research reports, investment ideas and earning rewards. You can also request an increase in facility limit via the web platform. We also offer real time margin ratio that you can check on your own any time compared to the more traditional framework where you are reliant on someone else to keep you updated.
Our RakuMargin offers free online registration as it requires no hardcopy supporting documents and we charge the lowest brokerage fees in town.
No. A cash upfront account must be activated first to apply RakuMargin Account.
No. A RakuMargin client must maintain Cash Upfront account.
Via your dashboard, click the “Margin OpenNow!” button to register and if you didn’t already during the Cash Upfront account opening process, you will be asked to do a face and document verification on the dashboard in addition to answering additional financial questions. You may do it via iSPEED.my app as well.
Yes, as long as you have more than six (6) months left on your passport.
Usually within 72 hours but it’s dependent on how fast the you can digitally sign the margin related documents.
Successful applicants are required to view and digitally sign Margin Letter of Offer, Margin Supplementary Letter of Offer, Margin Agreement, Margin letter of Defer Stamping.
