Rakuten Trade is positive about ongoing growth prospects for the company as it enters its third year with almost RM5 billion generated in trading value and more than 32,500 accounts to-date since it first opened its doors in May 2017.
What's New
Rakuten Trade Sdn Bhd (“Rakuten Trade”) recently launched its Contra 2.0, raising the bar in the equity broking space as a result of new features focused on enhancing the investor's trading experience.
Rakuten Trade Sdn Bhd’s (“Rakuten Trade”) unique rewards ecosystem, that combines three of the country’s leading loyalty providers, is proving to be quite popular with below 40-year olds who use the fully digital equities trading platform.
Over 15,000 clients strong; Malaysia’s FinTech Company of the Year 2018
KUCHING / KOTA KINABALU, 24 July 2018 – FinTech Company of the Year, Rakuten Trade Sdn Bhd (“Rakuten Trade”) first opened its doors a little over a year ago and has grown from strength to strength with the commitment to change and simplify the equity broking industry.
KUALA LUMPUR, 23 July 2018 – Rakuten Trade Sdn Bhd (“Rakuten Trade”) has continued its strong growth momentum after the introduction of its second product, Contra Account – which has recorded an overall revenue contribution to Rakuten Trade of more than 20%.
A Contra Account is a trading account where the trading limit is based on the amount of cash and/or shares placed in the trust account with Rakuten Trade. It allows clients to trade on a higher trading amount that is determined based on available funds / shares in the Contra Account or pledged portfolio that a client would like to leverage.