Rakuten Trade Malaysia — Lowest Bursa Fees
Sign up via the BursaNews referral link for Malaysia's lowest Bursa brokerage rates, fast digital onboarding, and new-user rewards. No promo code needed.
- Promo Code
- Not required
- How to Claim
- BursaNews link
- Bursa Brokerage
- RM1 – RM100 (flat, tiered)
- Markets
- Bursa MY, US, HK
- Regulation
- SC Malaysia
- Custodian
- Kenanga Investment Bank
SC Malaysia Licensed
A joint venture between Rakuten Securities Japan and Kenanga Investment Bank, regulated by the Securities Commission Malaysia.
Lowest Bursa Fees
Flat brokerage from RM1, capped at RM100 even on large trades — among the cheapest ways to trade Bursa Malaysia stocks.
Fast Digital Onboarding
Fully online account opening — no branch visits. Malaysia's first fully digital stockbroker.
How Rakuten Trade Is Regulated
Rakuten Trade Sdn Bhd is a joint venture between Rakuten Securities Inc. (a subsidiary of Japan's Rakuten Group) and Kenanga Investment Bank Berhad. It is regulated by the Securities Commission Malaysia (SC) under a Capital Markets Services Licence.
Client funds are held separately from Rakuten Trade's own finances through Kenanga Investment Bank as custodian, and your CDS (Central Depository System) holdings for Bursa Malaysia stocks are protected under Bursa Malaysia's own depository framework — the same protection that applies across all Bursa-regulated brokers.
Rakuten Trade Fees
Rakuten Trade is consistently positioned as one of the lowest-cost brokers for Bursa Malaysia trading, using a flat, capped brokerage structure rather than a straight percentage.
| Trade Value | Brokerage Fee |
|---|---|
| Below RM100 | RM1 flat |
| RM100 – RM10,000 | ≈RM2.88 flat |
| RM10,000 – RM100,000 | 0.10% of trade value |
| Above RM100,000 | Capped at RM100 |
Plus Bursa Malaysia's standard clearing fee (0.03%) and government stamp duty (RM1 per RM1,000, capped at RM200), which apply across all brokers, not just Rakuten Trade. US stock brokerage starts from USD0.88, capped at USD25. Rates as of the current campaign — always confirm live rates at rakutentrade.my/fees before trading.
What You Get With the BursaNews Referral Link
✓ Where Rakuten Trade wins
- Genuinely the lowest flat brokerage fees for small-to-mid-size Bursa trades in Malaysia
- Fully digital account opening, no paperwork or branch visits
- Backed by Kenanga Investment Bank — an established, long-standing Malaysian investment bank
- Now supports US stock trading with fractional shares, plus Hong Kong market access
- RT Points loyalty programme — earn points on every trade, redeemable for travel and lifestyle rewards
⚠ What to know before signing up
- No AI research tools or advanced screener compared to moomoo — the platform is built for cost efficiency, not feature depth
- New-user reward is smaller in absolute value than moomoo's deposit-tier rewards — the appeal here is ongoing low fees, not the sign-up bonus
- Best suited to Bursa-focused investors; if US markets are your main focus, Webull or moomoo currently offer stronger US-specific promotions
How to Sign Up for Rakuten Trade
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Tap the BursaNews Referral Link
Start from the sign-up button on this page. Signing up through the referral link is what applies the BursaNews new-user reward to your account.
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Register Your Account
Enter your Malaysian mobile number and email, then set a secure password to create your Rakuten Trade account.
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Complete Digital Verification
Upload your Malaysian NRIC (front and back) for identity verification. The process is fully online.
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CDS Account Setup
Your CDS (Central Depository System) account for holding Bursa Malaysia stocks is set up as part of the registration flow.
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Fund Your Account
Deposit via online banking transfer. Rakuten Trade is known for fast digital account approval among Malaysian brokers.
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Start Trading
Once approved and funded, you can trade Bursa Malaysia stocks at Rakuten Trade's low flat brokerage rates, plus US and Hong Kong stocks from the same account.
Frequently Asked Questions
Does Rakuten Trade have a promo code?
No. Rakuten Trade does not use a promo code system. Sign up via the BursaNews referral link above and the new-user reward is applied automatically to your account.
What are Rakuten Trade's brokerage fees?
A flat fee starting from RM1 for small trades, scaling up to a cap of RM100 on trades above RM100,000 — among the lowest brokerage rates for Bursa Malaysia trading. Stamp duty and clearing fees apply separately, as set by Bursa Malaysia and the government, and are the same across all brokers.
Is Rakuten Trade regulated and safe?
Yes. Rakuten Trade Sdn Bhd is a joint venture between Rakuten Securities Inc. (Japan) and Kenanga Investment Bank Berhad, and is regulated by the Securities Commission (SC) Malaysia. Client funds are held with Kenanga Investment Bank, and CDS holdings are protected under Bursa Malaysia's depository system.
Can I trade US stocks on Rakuten Trade?
Yes. Rakuten Trade added US stock trading with fractional share support, alongside its core Bursa Malaysia offering and Hong Kong market access, all from one account.
How does Rakuten Trade compare to Moomoo and Webull?
Rakuten Trade wins on ongoing Bursa Malaysia trading costs — its flat, capped fee structure is hard to beat for regular Bursa investors. Moomoo and Webull offer larger welcome rewards and more built-in research tools (like Moomoo AI), but at standard post-promo commission rates. See the full comparison →