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Rakuten Securities review and ratings

Established 1999
Location Australia Malaysia Hong Kong Japan
Regulation ASIC, SCM, SFC, JFSA
Offices Sydney, Kuala Lumpur, Hong Kong, Tokyo
Broker type MM | STP
Leverage up to 1:400
Deposit from 50 USD
Spreads low  low
Platforms MetaTrader 4
Instruments Currencies Metals
Funding methods Wire Transfer Credit Cards Skrill Neteller UnionPay

Company information

Rakuten Securities group includes 4 related companies.

Rakuten Securities AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
Rakuten Trade MY - located in Malaysia, regulated by the Securities Commission Malaysia (SCM).
Rakuten Securities HK - located in Hong Kong, regulated by the Securities & Futures Commission (SFC).
Rakuten Securities JP - located in Japan, regulated by the Japan Financial Services Agency (JFSA).

Availability

Rakuten Securities group accepts clients from all over the world, excluding USA.

Distinctive features

Trading instruments

Rakuten Securities AU offers the following underlying assets for trading.

40+ Currency Pairs Based on major and minor world currencies.
2 Metal Spot CFDs Based on Gold and Silver.

Rakuten Securities HK, JP and MY have more specific trading conditions and much wider range of derivative contracts.
You can find more info at each company's website.

Comprehensive review

Rakuten Securities is an online brokerage owned and operated by the Japanese e-commerce and Internet conglomerate Rakuten, Inc. The brokerage has been operating out of its home base in Japan since 1999, and has in recent years expanded globally to locations such as Hong Kong, Malaysia, and Australia.

The broker is registered and regulated locally in all four jurisdictions it has operations, which means that it is overseen by some of the most renowned regulatory bodies in the world, including the Australian Securities and Investments Commission (ASIC) and the Japan Financial Services Agency (JFSA).

The fact that the broker is owned by a large and publicly traded Japanese company also means that its credibility and trustworthiness ranks at the highest level, giving traders the peace of mind they need to focus on what matters most.

Rakuten Securities’ website is clean and features all relevant information that a trader may be need to get started. News, promotions, and regular campaigns with bonuses are also prominently displayed on the front page, easily available for everyone to see.

The website further features a large selection of educational material and market commentary by the broker’s own trading experts, including daily video updates with technical and fundamental drivers across commodity, forex, and stock markets.

A great thing about Rakuten Securities is that it accepts clients from all over the world with the usual exception of US-based traders. As a non-EU broker, Rakuten is also able to offer traders high leverage of up to 1:400 on popular currency pairs and CFDs.

Unlike many other forex brokers that typically operate with dynamic spreads depending on market conditions, spreads with Rakuten are fixed and generally tight, starting from 0.5 PIPS for the popular EUR/USD on a standard trading account. Traders can then enjoy commission-free trading in a safe and trusted trading environment.

As its trading platform, Rakuten Securities has chosen to go with only the MetaTrader 4 (MT4) platform, and does not have its own web-based proprietary platform as some other brokers have. For traders who are used to the MT4, this may not be an issue at all, while for others it may represent a problem. Although MT4 is mainly a Windows-based platform, traders using Mac computers are still advised to contact Rakuten’s support team directly for assistance with setting up the platform to work for them as well.

Rakuten Securities further offers two different account types depending on the amount of leverage a trader is seeking – one account with 1:100 leverage and a new option for traders looking for maximum leverage of up to 1:400. All accounts can be funded with major credit and debit cards, as well as local and international bank wire transfers or bitcoin. The broker further offers four different base currencies for the trading account, namely the USD, GBP, AUD, and EUR.

Along with many other brokers these days, Rakuten has also jumped on the “copy trading” bandwagon, offering their clients the opportunity to mirror the moves made by other traders with a successful track record on the platform. However, Rakuten differs from some of the other brokers in the space by letting traders copy trading robots, aka. Expert Advisors, in addition to other human traders. This represents a step forward for those who are looking for a good trading system to follow, and could potentially save them a large amount of money that one would normally have to spend to buy an “out-of-the-box” trading system.

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