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 1:30
Deposit from 50 USD
Spreads low  low
Platforms MetaTrader 4
Instruments Currencies Indices Metals
Funding methods Wire Transfer Credit Cards Skrill Neteller UnionPay POLi
Type 'Standard' demo (no commission)
Login 61240529
Password z116zlEc
Server RakutenSecuritiesAustralia-Demo (124.215.210.76:443)
Updated 16.03.2024
Instruments Select the category  

Company information

Rakuten Securities got acquired by ATFX.

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, Belgium, Russia, Iran, Israel and some other countries where restrictions apply.

Distinctive features

Trading instruments

Rakuten Securities AU offers the following underlying assets for trading.

40+ Currency Pairs Based on major and minor world currencies.
10 Indice CFDs Based on baskets of different blue-chip stocks.
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.
Be aware, MY entity provides only Equities, ETFs, Warrants and REITs for trading.
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 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 also used to be able to offer high trading leverage to all its clients, but this is no longer the case today. Following a regulatory tightening in Australia in 2021, ASIC-regulated forex brokers can now offer a leverage of 1:30 at the most for major FX pairs, and even less for other instruments. Fortunately, Rakuten’s other branches outside of Australia remain unaffected by this, and can still offer the same amount of leverage as before.

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 Australia has chosen to go with the MetaTrader 4 (MT4) platform, while Rakuten Securities Hong Kong instead offers its own platform known as Rakuten FX, available for desktop, mobile and web. Worth mentioning here is that the Hong Kong branch also used to offer the Trading Station II platform, but this has been suspended as of April 2021.

Meanwhile, Rakuten’s Malaysian branch, which is mainly focused on stock trading, does this through a dedicated web interface with direct access to the Bursa Malaysia stock exchange.

As can be expected, the types of trading accounts that are available from Rakuten depends on which entity of the broker a trader is signed up with, and which instruments he or she wishes to trade. For traditional CFD & forex trading in the Australia-based branch, however, only one type of retail trading account is available. This account comes with spreads from 0.5 pips, no commissions, and a minimum deposit requirement of 50 Australian dollars.

Further, Rakuten Australia also offers professional trader accounts in three tiers with minimum deposits ranging from AUD 50 to 1,000 that gives access to much higher trading leverage than the retail account. Keep in mind, however, that in order to be classified as a professional trader by Rakuten Australia, a trader will need to meet a number of requirements. Among other things, this includes having net assets of at least 2.5 million AUD, or a gross income for each of the last 2 years of at least 250,000 AUD.

Along with many other brokers these days, Rakuten’s Australian brokerage 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.

All in all, it’s safe to say that Rakuten Securities, with all of its branches in various parts of the financial services business, is among the most respected companies in the industry. The company processes significant trading volume on a global scale, and is publicly listed on the Tokyo Stock Exchange, which lends a high level of credibility to the brand as a whole.

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