Rakuten Trade Sdn Bhd has introduced a new brokerage fee structure aimed at lowering the cost of stock trading for Malaysian retail investors. The revision applies to trades valued up to RM9,999.99 and up to USD990, offering reduced fees for both domestic and US markets.

The move comes at a time when investors are navigating continued global market volatility and cautious sentiment on Bursa Malaysia. Retail participation has remained subdued, with external factors such as trade tariffs and geopolitical uncertainty influencing investor behaviour.

Kazumasa Mise, Chief Executive Officer of Rakuten Trade, said the aim was to make trading more accessible. “We believe every Malaysian should be able to participate in the stock market without worrying about high fees,” he said, adding that digital platforms should help reduce barriers for new and existing investors alike.

Head of Equity Sales, Vincent Lau, noted that the local index is unlikely to see new lows unless the trade tensions between the United States and China escalate. The FBM KLCI had reached a low of 1,386.63 points earlier in the month. He said the market is expected to remain stable or move sideways, barring any new developments involving countries like Japan or India in ongoing negotiations.

Lau also highlighted potential opportunities in the IPO space, particularly in counters trading below their listing prices. “The IPO market is quite depressed, with many recent listings trading below their IPO prices. It may be worth looking into some of these names that are now undervalued,” he said.

The revised rates follow the company’s recent introduction of amalgamated trades for NYSE and NASDAQ, which allow clients to consolidate multiple trades. According to Rakuten Trade, these changes are designed to reduce trading costs for a range of investors. For more information, visit here. 

• TAGS:
• Brokerage Fees
• Bursa Malaysia
• Digital Broker
• Equity Trading
• Investment
• Malaysian Stock Market
• Rakuten Trade
• Retail Investors
• Stock Trading