Rakuten Investing App
Rakuten Investing App
I am curious if anyone uses the Rakuten iSpeed app to do investment, forex tradin, etc. Or if there is a general consensus that it is not worth using when compared to tools like Schwab client accounts.
- RetireJapan
- Site Admin
- Posts: 4782
- Joined: Wed Aug 02, 2017 6:57 am
- Location: Sendai
- Contact:
Re: Rakuten Investing App
I took a look when I opened my account, but wasn't hooked. But I only buy things a couple of things a year, so the online site is fine for my needs
English teacher and writer. RetireJapan founder. Avid reader.
eMaxis Slim Shady
eMaxis Slim Shady
Re: Rakuten Investing App
I don't think that these apps are meaningful for people other than day traders.
Also these apps are typically poorly programmed and provide a new attack surface for hackers who put their hands on your phone. I would refrain from using them unless you actually day trade.
Interestingly I have never found a web interface for Interactive Brokers (or it was so slow I gave up on the way). They provide a desktop app for all operating systems though, so I used that. To my surprise, SSL was a connection option. Definitely not reassuring...
Also these apps are typically poorly programmed and provide a new attack surface for hackers who put their hands on your phone. I would refrain from using them unless you actually day trade.
Interestingly I have never found a web interface for Interactive Brokers (or it was so slow I gave up on the way). They provide a desktop app for all operating systems though, so I used that. To my surprise, SSL was a connection option. Definitely not reassuring...
Re: Rakuten Investing App
Thanks for the feedback.
Day trading was my first impression as well, and the fees didn't seem that great when I first checked it out a year or so ago. Still, I am willing to gamble a bit with the app. Are there any guides or explanation material that can help one better understand how to use it?
Day trading was my first impression as well, and the fees didn't seem that great when I first checked it out a year or so ago. Still, I am willing to gamble a bit with the app. Are there any guides or explanation material that can help one better understand how to use it?