tech

This New App By Rakuten Trade Makes Trading A Lot Easier For Newbies And Pros

You can open your trading account without going through a dealer!

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This Spotlight is sponsored by Rakuten Trade.

Are you curious about trading but don't know where to start?

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Or perhaps you already have an impressive portfolio and are looking for easy ways to expand it at a lower cost?

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The recently launched iSPEED.my app is changing the game and you need to know about it

iSPEED.my is the localised version of Japan’s leading trading mobile app. It provides you with access to stock prices, latest news headlines, and research reports.

When you sign up as a trader, you'll be able to enjoy additional benefits that include: access to comprehensive trading, execution, clearing services for all trades executed on Bursa Malaysia, rewards, and events.

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How it works: Download the iSPEED.my app for free and sign up for an account. Unlike traditional stockbroking, iSPEED.my cuts out the middleman so you don't have to go through a dealer or remiser. Instead, you can open your own account online within two business hours!

Then, just state your price and if there's a match, the share will be added to your portfolio. It's a fast and easy way to open an account, plus you're able to trade any time and anywhere at your own discretion.

Research reports will be loaded to the app daily, plus you'll receive hot stock picks via SMS, so you'll always stay informed on what to trade

iSPEED.my focuses on small to mid companies where growth is higher and it's cheaper to enter!

Here are some of their recommendations:

Image via Rakuten Trade

Company: Ahmad Zaki Resources Berhad
Price: RM1.15
Target Price: RM1.66
Fun Fact: AZRB focuses on construction, oil & gas, plantation, property, and expressways.
If you invest RM1,000 into AZRB, you could potentially get a return of RM1,510 (51%).*

*Disclaimer: The valuation of stocks may fluctuate, figures are for illustration purposes only, profits are not guaranteed.

Image via Rakuten Trade

Company: HSS Engineers Berhad
Price: RM1.15
Target Price: RM1.30
Fun Fact: HSS Engineers is involved in many projects, including KLIA, KLIA2, and Langkawi International Airport.
If you invest RM1,000 into HSS Engineers Berhad, you could potentially get a return of RM1,150 (15%).*

*Disclaimer: The valuation of stocks may fluctuate, figures are for illustration purposes only, profits are not guaranteed.

Image via Rakuten Trade

Company: KUB Malaysia Berhad
Price: RM0.50
Target Price: RM0.70
Fun Fact: KUB Malaysia is part of a diverse number of products and services such as property, energy, and information technology. They also own A&W!
If you invest RM1,000 into KUB Malaysia, you could potentially get a return of RM1,200 (20%). Plus, you get to own a part of A&W ;)*

*Disclaimer: The valuation of stocks may fluctuate, figures are for illustration purposes only, profits are not guaranteed.

You also earn points every time you trade, which you can use to redeem for free flights and more!

Get full access to the Rakuten Trade Rewards Program and get points for every trade you complete. You can then convert those points on AirAsia BIG, B Infinite, or BonusLink.

Another cool thing is that Rakuten is the main global partner of Barcelona FC. This means that every time the team wins a match, you'll receive 2x Rakuten Trade points on all successful trades on the same day. If the game is played on a weekend or public holiday, you'll receive 2x points the next business day!

So, what are you waiting for? Try out the app on Android here and on iOS here.

Interested to find out more? Get the full details now.

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