Rakuten Trade Malaysia review

Updated October 12, 2026 · SumCue Editorial Team

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Our verdict

Rakuten Trade is a fully online Malaysian broker for investors who want stocks and ETFs across three exchanges through one account. Its appeal rests on mobile and web access plus market ideas and regular investing tools, balanced against a narrow product range and no branch service.

Key facts

Best for
Investors in Malaysia wanting one account for three stock markets
Stock trade fee
$0.88↗
Markets
Stocks, ETFs↗
Margin rate
5.5%↗
Deposit and withdrawal fees
No extra charge to maintain cash balance↗
Platforms
Member web portal, ISPEED.my mobile trading app↗
Legal entity
Rakuten Trade Sdn. Bhd.↗
Support channels
Email, Chat, Phone↗
Features
Mobile app
Pricing model
Low fees
Official website
rakutentrade.my

Facts checked September 26, 2026, 1 source

Pros and cons

Pros

  • iSPEED.my app supports mobile trading alongside member web portal
  • Investor Hub provides snapshots, stock ideas and IPO opportunities together
  • Regular savings plan automates consistent investing over time

Cons

  • Online only access without physical branches for face to face service
  • Product range covers stocks and ETFs without other asset classes mentioned
Rakuten Trade Malaysia

Ready to try Rakuten Trade Malaysia?

Who it suits

  • Malaysian investors wanting one account for local and overseas shares
  • Mobile first traders comfortable with online only brokerage
  • Regular investors building ETF and stock positions automatically

Who should look elsewhere

  • Traders seeking many global markets or wider asset classes
  • People who prefer branch based account service

Who runs it

Rakuten Trade Malaysia operates as a fully online brokerage serving investors in Malaysia. It is linked to Rakuten, Inc., whose founder and chief executive is Hiroshi Mikitani, and it presents itself as a true online broker for the local market. The business runs stock and ETF trading across Bursa Malaysia and overseas exchanges, alongside a regular savings plan, contra trading and The Investor Hub for market ideas and education.

Where Rakuten Trade Malaysia is available

Available
Malaysia

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What products and tools does it provide?+

It offers stocks and ETFs for trading and longer term building of positions. A regular savings plan supports automatic and consistent investing. Market snapshots, stock ideas and IPO opportunities are grouped in The Investor Hub.

How does online and app access work?+

Access is fully online through a member web portal and the iSPEED.my mobile trading app. The app supports trading activity while away from a computer. The portal provides account access through a browser.

What is a contra account with this broker?+

A contra account extends a spending limit based on shares and cash placed as collateral. The limit also reflects the shares intended for purchase. Full settlement of transactions is still required after trading.

What is the regular savings plan?+

The regular savings plan invests automatically on a schedule chosen by the investor. It helps build stock and ETF positions gradually over time. It sits alongside standard trading within the same brokerage service.

Which platforms does Rakuten Trade Malaysia support?+

Rakuten Trade Malaysia supports Member web portal, ISPEED.my mobile trading app. (Source, checked September 26, 2026)

Which company operates Rakuten Trade Malaysia?+

Rakuten Trade Malaysia is operated by Rakuten Trade Sdn. Bhd.. (Source, checked September 26, 2026)

How can I contact Rakuten Trade Malaysia support?+

Rakuten Trade Malaysia offers support through Email, Chat, Phone. (Source, checked September 26, 2026)

Sources

  • rakutentrade.my/fees checked September 26, 2026

    Backs: Deposit and withdrawal fees, Features, Legal entity, Margin rate, Markets, Pricing model, Platforms, Stock trade fee, Support channels

    “You can also maintain a Ringgit or HKD / USD cash balance at no extra charge.”

Compiled from 1 source page, checked October 13, 2026. We did not open an account.

Not confirmed yet: Minimum deposit, Account fee, Inactivity fee, Regulators, Investor protection, Retail accounts that lose money.

Rakuten Trade Malaysia

Rakuten Trade Malaysia

Investors in Malaysia wanting one account for three stock markets

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