Rakuten Securities Review 2025

What is Rakuten Securities?

Rakuten Securities is a well-established financial services provider with a significant presence in the online trading industry. As a wholly-owned subsidiary of Rakuten Securities, Inc., Rakuten Securities Australia specializes in forex trading. They offer tight fixed spreads and no commission on a variety of currency pairs, including but not limited to EUR/USD, GBP/USD, and USD/JPY. This makes them a reliable choice for forex traders looking for competitive trading conditions. Furthermore, Rakuten Securities operates a licensed foreign exchange trading firm in Hong Kong. With over a decade of experience in FX trading, they provide an online platform that’s accessible 24/7. This commitment to customer accessibility and satisfaction is a testament to their standing in the industry. In Japan, Rakuten Securities offers a wide range of investment options, including stocks, FX, investment trusts, defined contribution pension plans, and NISA (a tax-exempt small investment scheme). As of December 2023, they have over 10 million comprehensive accounts. Their robust support system makes them a safe and reliable choice for beginner investors, with 78% of their users being inexperienced investors. In conclusion, Rakuten Securities is a trusted name in the financial services industry, offering a wide range of trading and investment options to meet the diverse needs of investors around the world. Whether you’re a seasoned trader or a beginner, Rakuten Securities provides a platform that’s both accessible and competitive.

What is the Review Rating of Rakuten Securities?

What are the Pros of Rakuten Securities?

Rakuten Securities, a forex and CFD broker regulated by Australia’s ASIC. , offers several advantages for traders, particularly in the context of forex trading:. Fixed Spreads: Rakuten Securities offers fixed spreads as low as 0.5 pips. This pricing model provides a stable way for less experienced traders to access currency markets. MetaTrader 4 Platform: The popular MetaTrader 4 platform is available to traders. This platform is known for its user-friendly interface and comprehensive features. Copy Trading: Rakuten Securities provides a user-friendly copy trading tool. This allows less experienced traders to mirror the trades of experienced investors via the Myfxbook platform. Regulation: Rakuten Securities is overseen by a tier-one regulator, the Australian Securities and Investments Commission (ASIC). This provides traders with an added layer of security and trust. Minimum Deposit: The broker has a low minimum deposit requirement of $50. , making it accessible for beginners. Educational Content: Rakuten Securities offers a good selection of educational content. , which can be beneficial for both novice and experienced traders looking to expand their knowledge. However, it’s important to note that while Rakuten Securities has several strengths, it also has some limitations. For instance, the broker’s selection of tradeable assets is limited. , and it does not offer a floating spread solution. Therefore, traders should consider these factors when deciding whether Rakuten Securities is the right broker for their needs.

What are the Cons of Rakuten Securities?

Rakuten Securities, a forex and CFD broker regulated by Australia’s ASIC, has several disadvantages that potential investors should consider:. High Fees: Rakuten Securities is known for its high fees. This includes high trading fees and financing rates. Additionally, a withdrawal fee is charged on international bank transfers and electronic wallets. Limited Product Portfolio: The range of products offered by Rakuten Securities is limited, covering only forex and some CFDs. This lack of variety can be a significant drawback for traders looking for a diverse trading portfolio. No Web Trading Platform: Unlike many other brokers, Rakuten Securities does not offer a web trading platform. This can be inconvenient for traders who prefer to trade using a web interface. Poor Customer Service: The customer support provided by Rakuten Securities has been criticized as poor. This can be a significant disadvantage, especially for new traders who may require assistance. Limited Range of Tradable Assets: Rakuten Securities offers a limited selection of tradable assets. For example, cryptocurrencies, stocks, binary options, futures, or bonds are not available. This limited selection could be a downside given the broker’s decent all-round package. No Cent (Micro) Accounts: Rakuten Securities does not offer cent (micro) accounts. This could be a disadvantage for traders who prefer to trade in smaller volumes. No Access to MT5 Platform and MT4 Web Version: Clients do not have access to the MT5 platform and the MT4 web version. This lack of platform options can limit the trading experience for some users. In conclusion, while Rakuten Securities has some advantages such as easy and fast account opening, a good mobile trading platform, and no inactivity fee. , the disadvantages listed above could make it less appealing to certain traders. As always, potential investors should carefully consider these factors before deciding to trade with Rakuten Securities.

What are the Rakuten Securities Current Promos?

Rakuten Securities, an ASIC-regulated multi-asset brokerage, offers a variety of promotions and deals for its customers. Here are some of the current promotions:. Fixed Spreads: Rakuten Securities offers fixed spreads on forex, commodities, indices, and cryptos. This pricing model provides a stable way for less experienced traders to access currency markets. For example, retail accounts come with a minimum spread for forex pairs of 0.5 pips, with AUD/USD being 0.5 pips, GBP/JPY at 1.0 pips, and NZD/CAD at 2.5 pips. Copy Trading: Rakuten Securities provides a user-friendly copy trading tool. This allows account holders to mirror the trades of experienced investors via the Myfxbook platform. This platform is one of the best-rated third-party solutions with hundreds of strategy providers and clear performance history. Educational Content: Rakuten Securities offers a good selection of educational content. This can be beneficial for both new and experienced traders who want to expand their knowledge and improve their trading skills. Promotional Offers: Rakuten Securities also runs promotional offers from time to time. For example, they have a reward program where you can earn up to 3X rewards per month. Please note that these promotions are subject to change and it’s always a good idea to check Rakuten Securities’ official website for the most up-to-date information.

What are the Rakuten Securities Highlights?

Rakuten Securities, a subsidiary of Rakuten Group, Inc., has made significant strides in the financial sector, particularly in the realm of forex trading. Here are some key highlights:. Growth in General Securities Accounts: Rakuten Securities has seen a substantial increase in the number of general securities accounts. The company reached a milestone of six million accounts in May 2021. , with one million accounts opened in a record five months. This growth rate is the fastest to date, indicating a strong and growing customer base. Appeal of Rakuten Points: The company has successfully leveraged the appeal of Rakuten Points to attract customers. Services such as Point Investment, which allows customers to use Rakuten Points to invest in investment trusts, domestic stocks, and binary option trading, have been particularly popular. Incentives such as offering 1% points back for Rakuten Card holders on contributions to installment investment trusts have also contributed to the company’s growth. Demographic Shifts: Over the past five years, the overall proportion of Rakuten Securities account holders in the under-40 demographic has increased from 32.4% at the end of March 2016 to 42.3% as of the end of March 2021. This shift suggests that the company’s services are resonating with a younger demographic, which is crucial for long-term growth and sustainability. Monthly Savings for Investment Trusts: As of the end of March 2021, 1.33 million customers were making regular monthly savings deposits to investment trusts, totaling approximately 45 billion yen. This represents a year-on-year increase of 164.8%. , indicating that a large contingent of customers interested in asset building are making use of Rakuten Securities. Innovative Trading Tools: Rakuten Securities provides intuitive trading tools for stock trading and other related services. These tools range from the iSPEED® series to cutting-edge stock-trading tools like MARKETSPEED® II. The company is committed to strengthening security features, realizing the elimination of handling fees, and providing an intuitive trading platform for investors. These highlights underscore Rakuten Securities’ commitment to continually driving innovation that empowers people and society. The company’s success in the forex trading sector is a testament to its customer-centric approach and its ability to leverage synergies within the Rakuten Ecosystem.

Is Rakuten Securities Legit and Trustworthy?

Rakuten Securities is a well-established financial services provider that has gained a reputation for its legitimacy and trustworthiness. It is regulated by top-tier financial authorities, which is a crucial factor in assessing the legitimacy of any financial provider. Regulation and Investor Protection Rakuten Securities is regulated in several countries, providing a layer of investor protection. Being regulated by at least one trustworthy authority is an essential feature for any financial provider. Banking Background Rakuten Securities has a banking background, which can be considered as a legitimacy net. Even though it’s not required by law that a struggling broker must be saved by its parent bank, in most cases, you can count on this happening. Transparency Rakuten Securities is transparent about its financial results. It discloses its financial results transparently, which is a positive sign of a legitimate and trustworthy broker. Forex Trading In the context of forex trading, Rakuten Securities Australia provides a currency trading service through the MetaTrader platform. It offers tight fixed spreads with no commission. This service is backed by the global expertise of Rakuten Securities, Inc. In conclusion, Rakuten Securities appears to be a legitimate and trustworthy broker. However, as with any financial decision, it’s always recommended to conduct your own thorough research and consider your individual circumstances before investing.

Is Rakuten Securities Regulated and who are the Regulators?

Rakuten Securities is indeed a regulated entity. It is overseen by one of the top-tier financial authorities, the Australian Securities and Investments Commission (ASIC). This regulation significantly enhances the safety of any given broker. Rakuten Securities is part of the Rakuten Group Financial Corporation, which is headquartered in Tokyo and was founded in 1999. The broker has its head office in Sydney and offers services following the requirements of the ASIC. Being supervised by a top-tier regulator lends a considerable boost to the safety profile of any given broker. These regulators apply the strictest requirements and standards that brokers overseen by them must adhere to. As the client of a broker with top-tier regulation, you will have important safeguards in place with respect to the fairness of pricing and trading conditions that your broker provides. Unfortunately, Rakuten Securities is not regulated by the Financial Conduct Authority (FCA) in the UK. However, it is considered reliable as it is regulated by the top-tier ASIC in Australia. In conclusion, Rakuten Securities is a fully regulated broker, providing a secure platform for forex trading. Its regulation by the ASIC ensures that it adheres to strict standards, enhancing the safety and reliability of its services.

Did Rakuten Securities win any Awards?

Rakuten Securities, a prominent player in the financial industry, has indeed been recognized with several awards, reflecting its commitment to excellence and innovation. Here are some of the key accolades that the company has received:. Rakuten Securities was recognized for its rapid growth and customer-centric approach. The company announced in May 2021 that it had reached six million general securities accounts. This milestone was achieved in record time, with one million accounts opened in approximately five months. This achievement underscores Rakuten Securities’ commitment to providing accessible and user-friendly investment services. The company’s efforts in promoting environmental, social, and governance (ESG) performance have also been acknowledged. Rakuten received an upgraded rating from MSCI, from “A” to “AA”, placing the company among “Leaders” – organizations with strong ESG performance. Rakuten is included in the MSCI Japan Empowering Women Index and the MSCI ESG Leaders index. Rakuten Securities’ commitment to sustainability has been recognized by several indices. The company is included in the Dow Jones Sustainability World Index and the Dow Jones Sustainability Asia Pacific Index. These indices comprise globally listed companies that excel in long-term sustainability strategies and practices. In the realm of digital services, Rakuten Trade, a part of Rakuten Securities, was awarded for its efforts in providing retail investors with an easy-to-use digital equities trading platform. This award highlights the company’s commitment to leveraging technology to enhance the investment experience for retail investors. Rakuten Securities’ MARKETSPEED-FX platform was honored by the GOOD DESIGN AWARD for its achievement of the fastest processing speed in the world and a strong focus on usability. These awards and recognitions highlight Rakuten Securities’ commitment to excellence, innovation, and sustainability in the financial industry. They reflect the company’s dedication to providing top-tier services to its customers, promoting ESG performance, and leveraging technology to enhance the investment experience.

How do I get in Contact with Rakuten Securities?

Rakuten Securities, a major online broker in Japan and a subsidiary of Rakuten Group, Inc., is a key player in the world of forex trading. As of 5th December, 2023, the total accumulated number of accounts opened with Rakuten Securities was 10 million. For those interested in forex trading, Rakuten Securities offers a range of services and has a dedicated customer support team to assist you. Their client support service hours are: Monday – Friday: 8:00 am – 8:00 pm and Public Holiday: 9:00 am – 6:00 pm. Please note that they are closed on Saturdays and Sundays. To get in touch with Rakuten Securities, you can use the following contact information: Address: Unit 501, 5/F, Nexxus Building, 41 Connaught Road Central, Hong Kong. Phone: (852) 2119-0116. Email: info@sec.rakuten.com.hk. Fax: (852) 2119-0117. Mobile: (852) 6547-2442. . It’s important to note that Rakuten Securities HK may contact you via phone or e-mail with information on Rakuten Securities HK’s products, services, promotional offers, and trading education, and assist you in using the forex online trading platform. When executing customers’ trades, Rakuten Securities HK can be compensated in several ways, which include, but are not limited to: charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads, acting as a counterparty in the transactions. As a result, Rakuten Securities HK’s interests may be in conflict with yours. Remember, the risk of loss in leveraged foreign exchange trading can be substantial. You may not be suitable as you may sustain losses in excess of your initial margin funds. Leverage can work against you. Before reaching out, please be aware that Rakuten Securities is not available 24/7. So, keep that in mind before reaching out for help with an issue that needs an immediate response.

Where are the Headquarters from Rakuten Securities based?

Rakuten Securities, a major player in the forex market, has its headquarters located in multiple locations globally. The primary headquarters of Rakuten Securities is situated in Tokyo, Japan. More specifically, the head office, known as Rakuten Crimson House, is located at 1-14-1 Tamagawa, Setagaya-ku, Tokyo. This location is a short 4-minute walk from the Futako Tamagawa Station. In addition to its Tokyo headquarters, Rakuten Securities also has a significant presence in Australia. The Australian headquarters of Rakuten Securities is located at 201 Sussex Street, Sydney NSW, Sydney. These strategic locations allow Rakuten Securities to effectively cater to the diverse needs of forex traders across different time zones. The company’s commitment to innovation and empowering people and society is evident in its continual drive to provide top-notch forex trading services. Please note that this information is accurate as of the last update and may be subject to change. For the most accurate and up-to-date information, it is recommended to visit the official Rakuten Securities website or contact them directly.

What kind of Customer Support is offered by Rakuten Securities?

Rakuten Securities offers a comprehensive customer support system to cater to the needs of its clients. The support system is designed to provide quick and relevant responses to queries, ensuring a smooth trading experience for all users. Available Customer Service Channels Rakuten Securities provides multiple channels for customers to reach out for help. These include:. Live Chat: This feature allows customers to interact with customer service representatives in real-time. Phone: Customers can reach Rakuten Securities by phone. This provides a direct line of communication for immediate assistance. Email: Customers can also reach out to Rakuten Securities via email. This method is particularly useful for non-urgent queries or detailed explanations. . It’s important to note that Rakuten Securities’ customer service is not available 24/7. Quality of Customer Service The quality of Rakuten Securities’ customer service is determined by its response speed and the relevance of its responses. Response Speed: The response speed on Rakuten Securities’ live chat could be improved. They usually take more than 5 minutes to respond. Response Relevance: Rakuten Securities strives to provide clear and relevant answers to customer queries. . Technical Support Rakuten Securities also offers technical support to ensure a seamless trading experience. This includes guidance on browser compatibility, enabling cookies for optimal site performance, and troubleshooting issues related to Cash Back activation. In conclusion, Rakuten Securities’ customer support system is designed to provide a high level of service to its clients. Whether you’re a beginner investor or an experienced trader, you can expect fast and truly helpful customer service from Rakuten Securities.

Which Educational and Learning Materials are offered by Rakuten Securities?

Rakuten Securities offers a comprehensive suite of educational and learning materials for those interested in Forex trading. Their resources are designed to cater to investors of all levels, providing valuable information on Forex and CFD trading instruments, descriptions of strategies, risk management plans, and market psychology theories. The Forex Learning Center is a one-stop education portal that provides a wealth of information. It covers a range of topics including Forex Basics, Technical Analysis, Trading Psychology, Advanced Trading, and Fundamental Analysis. The center emphasizes the importance of getting educated and developing a sound knowledge of the drivers that generate daily changes in market sentiment. Rakuten Securities also offers trading strategy development and risk management courses, as well as sentiment analysis. These courses are designed to help traders understand the dynamics of the Forex markets and develop strategies that can help them navigate these markets effectively. In addition to the online resources, Rakuten Securities also conducts Free Foreign Exchange Investment Seminars. These seminars cover a variety of informative topics and themes, including Technical Analysis, Chart Trading Strategies, and Latest Market Insights. Participants have the opportunity to discuss their investment needs with Forex Strategists and explore investment concepts to enhance their trading skills. Rakuten Securities’ educational program is interactive, allowing students to practice the techniques they learn in a safe environment. The program is also pragmatic, set up to allow students to learn at their own pace. In summary, Rakuten Securities offers a comprehensive suite of educational and learning materials designed to equip Forex traders with the knowledge and skills they need to navigate the Forex markets effectively. Whether you’re a beginner or an experienced trader, Rakuten Securities has resources that can help you enhance your trading skills and strategies.

Can anyone join Rakuten Securities?

Rakuten Securities is a well-regarded financial institution that offers a range of services, including forex trading. However, not everyone can join Rakuten Securities. There are certain eligibility criteria that potential clients must meet. Eligibility Criteria. The basic requirement to open an account with Rakuten Securities is a minimum deposit of $50. This low initial deposit makes it accessible to a wide range of investors. However, for those interested in opening professional accounts, the requirements are more stringent. Traders who have net assets of over 2.5 million AUD or whose gross income for each of the last 2 financial years is at least 250,000 AUD are eligible to open pro accounts. Forex Trading at Rakuten Securities. When it comes to forex trading, Rakuten Securities offers a competitive environment. They provide access to 40 forex pairs. , including both major and minor pairs. The broker offers fixed spreads and no added commissions. The fees are built into the spread, with 0.5 pips being the average spread cost during peak trading hours. Rakuten Securities is regulated by the top-tier Australian Securities and Investments Commission (ASIC), ensuring a secure trading environment. They also offer leverage up to 1:30 for retail investors and 1:400 for professional traders. Platform and Services. Rakuten Securities provides access to the popular MetaTrader 4 platform. They also offer a good selection of educational content, making it a suitable choice for beginner traders. However, it’s worth noting that Rakuten Securities has a limited product portfolio, offering only forex and some CFDs. They also do not offer a web trading platform. In conclusion, while Rakuten Securities offers a range of services and a competitive forex trading environment, potential clients should be aware of the eligibility criteria and the limitations of the platform and services offered.

Who should sign up with Rakuten Securities?

Rakuten Securities is a well-established platform that offers forex trading services. It is suitable for a wide range of individuals, from beginners to experienced traders. Here are some key points to consider:. Forex Traders: Rakuten Securities offers tight fixed spreads on currency pairs. , making it an attractive option for forex traders. The spreads may vary depending on the account type. Experienced Traders: The platform provides advanced analysis tools. , which can be beneficial for experienced traders who rely on technical analysis for their trading strategies. Beginners: For those new to forex trading, Rakuten Securities could be a good starting point due to its user-friendly interface. Investors Interested in Metals: In addition to forex, Rakuten Securities Australia (RSA) also offers trading in metals. This could appeal to investors looking to diversify their portfolios. Individuals Looking for a Reputable Platform: Rakuten Securities is backed by the global expertise of Rakuten Securities, Inc., the world’s fifth-largest retail FX broker by volume. This could provide reassurance to individuals looking for a reputable platform for their trading activities. Please note that while Rakuten Securities offers a range of benefits, forex trading involves significant risk. Potential traders should fully understand these risks before opening an account.

Who should NOT sign up with Rakuten Securities?

Rakuten Securities is a well-established forex broker with a strong reputation. However, it may not be the ideal choice for everyone. Here are some types of traders who might want to consider other options:. Traders Seeking a Wide Range of Trading Instruments: Rakuten Securities offers a limited range of products, primarily focusing on forex and some CFDs. If you’re interested in trading a broader range of instruments, such as commodities, stocks, or cryptocurrencies, you might find Rakuten’s offerings somewhat restrictive. Traders Who Prefer Low Fees: While Rakuten Securities does not charge an inactivity fee and the account opening process is easy and fast, it has been noted for its high fees. Traders who prioritize low-cost trading might want to explore other brokers. Traders Looking for Variable Spreads: Rakuten Securities offers fixed institutional spreads. If you prefer variable spreads, which can sometimes be lower, this broker might not be the best fit for you. Traders Who Require Immediate Customer Support: Some users have reported that the online chat support service is often unavailable, and email responses usually take a day. If you require immediate assistance or prefer real-time interaction with customer service, you might find this aspect of Rakuten Securities unsatisfactory. High Leverage Traders: While Rakuten Securities does offer a maximum leverage of 1:400 on one of its account types. , this might not be sufficient for traders who employ high leverage strategies. It’s important to note, however, that high leverage trading involves significant risk and isn’t suitable for all investors. Remember, choosing a forex broker is a personal decision that should be based on your individual trading needs and goals. It’s always a good idea to do thorough research and consider multiple brokers before making a decision.

Does Rakuten Securities offer Discounts, Coupons, or Promo Codes?

Rakuten, a global leader in internet services, offers a range of money-saving opportunities, including coupons and discounts that can be used online and in-store. These offers are often available alongside Cash Back deals, providing users with multiple ways to maximize their savings. Rakuten is best known for its Cash Back, but it also provides a range of coupons and discount codes that offer bonus savings — especially when stacked with Cash Back. These coupons and discounts are available at many popular retailers, as well as some designer brands. While specific information about discounts, coupons, or promo codes for Rakuten Securities was not found, it’s worth noting that Rakuten’s approach to savings extends across its various services. Therefore, it’s possible that similar opportunities could be available for Rakuten Securities customers. However, it’s always a good idea to check the official Rakuten Securities website or contact their customer service for the most accurate and up-to-date information. Please note that the availability of these offers may vary based on location and other factors. Remember, when it comes to forex trading, it’s not just about finding the best deals or discounts. It’s also crucial to consider the platform’s features, security, customer service, and the range of available trading instruments. So, while discounts and promo codes are beneficial, they should be just one factor in your decision-making process. Please note that trading forex involves risk, and it’s important to understand these risks before starting to trade. Always trade responsibly and consider seeking advice from financial professionals if needed. I hope this information helps! If you have any other questions, feel free to ask.

Which Account Types are offered by Rakuten Securities?

Rakuten Securities, a regulated broker headquartered in Japan, offers a variety of account types to cater to the diverse needs of traders. Retail Account: This is the standard account type offered by Rakuten Securities. It is designed for individual traders and offers a range of features suitable for both beginners and experienced traders. Pro 1 Account: This account type is designed for more experienced traders who require advanced features and tools. It offers higher leverage and more sophisticated trading tools compared to the Retail Account. Pro 2 Account: This account type is similar to the Pro 1 Account but offers even more advanced features. It is designed for professional traders who require the most advanced tools and highest leverage. Pro VIP Account: This is the most premium account type offered by Rakuten Securities. It offers the highest level of service, including access to a dedicated account manager and other VIP services. In addition to these, Rakuten Securities also offers a Demo Account. This is a risk-free account that allows traders to practice their trading strategies without risking real money. Rakuten Securities provides online forex CFD and trading products and services through the globally popular MT4 platform. However, it’s important to note that at Rakuten Securities, you can only trade some forex pairs, CFDs, and crypto. A lot of popular asset types like stocks, ETFs, and funds are not available. Please note that the information provided here is based on the latest available data and may be subject to change.

How to Open a Rakuten Securities LIVE Account?

Opening a Rakuten Securities LIVE Account is a straightforward process that can be completed in a few steps. Here’s a detailed guide:. Visit the Rakuten Securities Website: The first step is to navigate to the official website of Rakuten Securities. Start the Account Opening Process: On the website, you’ll find the option to start the account opening process. This process is self-explanatory, but assistance is available if needed. Choose the Right Account: Rakuten Securities offers different types of accounts. You should choose the one that best suits your trading and investing experience. Fill the Registration Form: You’ll need to fill out a registration form to apply for an account. This includes providing your personal details and financial information. Verify Your Identity and Residency: As part of the account opening process, you’ll need to verify your identity and residency. This can be done by providing documents such as an ID, passport, or driver’s license for identity proof, and a bank statement or utility bill for proof of residency. Wait for Verification: After submitting your application, it will need to be verified. This process typically takes about one day. Deposit Funds and Start Trading: Once your account has been verified, you can deposit funds and start trading. Please note that Rakuten Securities is a forex and CFD broker regulated by Australia’s ASIC. Its parent company, Rakuten, is listed on the Tokyo Stock Exchange. Remember, trading involves risk and it’s important to understand these risks before starting.

How to Open a Rakuten Securities DEMO account?

Opening a Rakuten Securities DEMO account is a straightforward process that involves a few key steps. Here’s a detailed guide:. Step 1: Visit the Official Website First, navigate to the official website of Rakuten Securities. Look for the “Open Demo Account” button, which is typically located in the top right-hand corner of the landing page. Step 2: Account Registration Once you click on the “Open Demo Account” button, you will be redirected to an online registration page. Here, you will need to provide your personal details, including your full name, email address, and country of residence. Step 3: Select Your Preferences During the registration process, you will be asked to select your preferred leverage ratio. Rakuten Securities offers leverage ratios of 30, 100, and 400. You will also need to choose your preferred base currency. Available options include AUD, GBP, USD, and EUR. Step 4: Download the Trading Tool After successfully registering for a demo account, you will need to download the trading tool. This tool will allow you to practice trading in a risk-free environment. Step 5: Start Trading Once you have downloaded the trading tool, you can start practicing your trading skills. The demo account uses the same price feed as the live MT4 platform. , allowing you to gain realistic trading experience. Remember, a demo account is a great way to test your trading strategies in a risk-free environment before you start live trading. It’s also a good opportunity to familiarize yourself with the trading platform and its features. Happy trading.

How Are You Protected as a Client at Rakuten Securities?

As a client at Rakuten Securities, you are protected in several ways:. Regulation: Rakuten Securities is regulated by the top-tier Australian Securities and Investments Commission (ASIC). This means that the company must adhere to strict regulatory guidelines designed to protect investors. Negative Balance Protection: Rakuten Securities provides protection against negative balance. This means that you cannot lose more than your deposited funds. Data Protection: Rakuten Securities ensures that all customer data are well protected and secure. Their online onboarding application is fully compliant with GDPR and the Securities and Futures Commission (SFC) regulations. No Third-Party Withdrawals: Rakuten Securities does not accept third-party withdrawals. This means that your funds can only be withdrawn to an account in your name. In the context of forex trading, Rakuten Securities offers several advantages:. Tight Fixed Spreads: Rakuten Securities offers tight fixed spreads from 0.5 pips. This can help to reduce trading costs. No Commission: Rakuten Securities does not charge commission on forex trades. This means that you can trade without worrying about additional costs. Range of Currency Pairs: Rakuten Securities offers a range of currency pairs for trading. This gives you the flexibility to trade in the currencies that you are most interested in. However, it’s important to note that Rakuten Securities does not provide investor protection. This means that your funds are not protected if the company goes bankrupt. Therefore, it’s important to consider this risk when deciding to trade with Rakuten Securities.

Which Funding methods or Deposit Options are available at Rakuten Securities?

Rakuten Securities, a renowned forex and CFD broker, offers a variety of funding methods and deposit options for its clients. Here are the details:. Bank Transfer: Clients can make payments directly from their bank savings or current account. The bank transfer can be done through the Faster Payment System (FPS) or via banks such as Bank of China (Hong Kong) and Hang Seng Bank. e-Cheques / Cheques: Rakuten Securities also accepts e-Cheques and physical cheques. If you deposit the cheque by yourself, you need to provide a photocopy of the cheque (showing the name of the bank account holder and account number clearly) and a deposit slip of the cheque (showing the amount, date of deposit, and cheque number clearly). Credit/Debit Card: Rakuten Securities Australia accepts deposits via VISA and MASTER CARD. It’s important to note that Rakuten Securities does not accept Credit Card cash advance and money transferred from Stored Value Facilities. Also, all client funds are credited to the clients’ segregated bank account which is opened by Rakuten Securities HK and independent of the company’s account. Rakuten Securities HK currently offers accounts in USD or HKD denomination and accepts deposits in USD or HKD. For those opening USD accounts, all HKD deposits will be converted to USD at 7.85. While for opening HKD accounts, all USD deposits will be converted to HKD at 7.75. The minimum deposit at Rakuten Securities is $50. Rakuten Securities charges $0 for deposits. You can.

What is the Minimum Deposit Amount at Rakuten Securities?

Rakuten Securities is a well-regarded forex and CFD broker, regulated by Australia’s ASIC. The parent company, Rakuten, is listed on the Tokyo Stock Exchange. For those interested in starting their trading journey with Rakuten Securities, the minimum deposit amount is $50. This means that to begin trading, you must deposit at least $50 into your account. It’s important to note that Rakuten Securities does not charge any fees for deposits. However, you can only deposit funds from accounts that are in your name. Once you have completed the registration and verification process, you need to fund your account to start trading. If you decide to switch brokers after depositing, you can always opt out and withdraw your funds. Furthermore, Rakuten Securities does not charge an inactivity fee. This means that if you decide not to use your account in the future, you won’t be charged any fee. Rakuten Securities is considered a reliable broker as it is regulated by at least one top-tier regulator. This means that your money is in good hands and you will be able to access your funds. In conclusion, Rakuten Securities offers a low barrier to entry with a minimum deposit of $50, making it accessible to beginner and smaller retail traders.

Which Withdrawal methods are available at Rakuten Securities?

Rakuten Securities, a forex and CFD broker regulated by Australia’s ASIC. , offers multiple options for withdrawing money. These options include:. Bank transfer. Credit/debit cards. Neteller. Skrill. China UnionPay. It’s important to note that you can only withdraw funds to accounts that are in your name. The withdrawal process is usually executed within more than 3 days. , and Rakuten Securities charges a $25 fee for withdrawal. Rakuten Securities is a reliable broker, regulated by at least one top-tier regulator. This means that your money is in good hands and you will be able to withdraw your funds. However, there are some issues, such as currency and closing positions, you have to pay attention to. Please note that the information provided is based on the latest data as of December 2023. Always check the latest information on the official website of Rakuten Securities.

Which Fees are charged by Rakuten Securities?

Rakuten Securities, a popular online brokerage, charges various fees that traders should be aware of. Here’s a detailed breakdown:. Trading Fees Rakuten Securities’ trading fees are considered high compared to its competitors. The fees are built into the spread, which is the difference between the buy and sell price of a currency pair. For example, during peak trading hours, the average spread cost for EURUSD is 0.5 pips, while for GBPUSD, it’s 0.8 pips. Inactivity Fee Good news for traders who may not be very active - Rakuten Securities does not charge an inactivity fee. Withdrawal Fees While Rakuten Securities does not impose charges on withdrawals. , specific payment system fees may exist for withdrawals. Deposit Fees Deposits to Rakuten Securities are generally fee-free. However, small fees may apply depending on the deposit method, the currencies involved, the amount being deposited, and the trader’s country of residence. Financing Rates If you’re trading on margin and holding your positions long, be aware that Rakuten Securities’ financing rates are high. It’s important for traders to understand these fees and consider them in their trading strategy. Despite the high fees, some traders may still find Rakuten Securities a good choice due to its research options, education section, or the general user experience on its trading platforms.

What can I trade with Rakuten Securities?

Rakuten Securities offers a wide range of trading options in the Forex market. Here are some key points:. Forex Trading: Rakuten Securities Australia (RSA) is a Forex and metals broker backed by the global expertise of Rakuten Securities, Inc. They provide a currency trading service through the MetaTrader platform. Currency Pairs: They offer trading in a variety of currency pairs with tight fixed spreads. Some of the currency pairs include USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, NZD/JPY, ZAR/JPY, CAD/JPY, CHF/JPY, HKD/JPY, SGD/JPY, EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CHF, GBP/CHF, EUR/GBP, EUR/CHF, AUD/CHF, NZD/CHF, AUD/NZD, NOK/JPY, TRY/JPY, CNH/JPY, USD/HKD, USD/CAD, EUR/AUD, EUR/NZD, GBP/AUD, GBP/NZD, EUR/CAD, GBP/CAD, AUD/CAD, NZD/CAD, CAD/CHF, USD/CNH, USD/NOK, EUR/NOK, USD/SEK, and EUR/SEK. Metals: In addition to Forex, they also offer trading in metals such as Gold (XAU/USD) and Silver (XAG/USD). Trading Platform: Rakuten Securities Australia provides a currency trading service through the MetaTrader platform. In addition to executing and managing trades, MT4 allows you to analyze price action with a plethora of charts and technical analysis tools. Foreign Currency Facility: Rakuten Trade has also launched an enhanced Foreign Market service that includes the benefits of a foreign currency facility. Investors can now seamlessly convert funds between MYR and USD via its iSpeed.my app and web platform. Please note that trading in leveraged foreign exchange carries a high level of risk, and may not be suitable for all investors.

Which Trading Platforms are offered by Rakuten Securities?

Rakuten Securities, a globally recognized financial services provider, offers two powerful trading platforms for forex trading. Rakuten FX: This platform offers fixed spreads as low as 0.5 pips. It is an award-winning platform from Japan that provides lower pips for larger transactions. This platform is particularly beneficial for traders who prefer a stable and predictable spread cost. MetaTrader 4 (MT4): This platform offers variable spreads as low as 0.3 pips. MT4 is the world’s most popular trading platform. It allows traders to upgrade to a VIP account with extra competitive spreads. Besides managing trades, it lets you analyze price with a slew of charts and technical analysis tools. Both platforms are designed to provide a robust and efficient trading experience. They are equipped with a range of features to support both beginner and experienced traders. These platforms also offer leverage up to 1:30 for retail investors and 1:400 for pro traders. In addition to these platforms, Rakuten Securities also provides a user-friendly copy trading tool. This tool allows traders to mirror the trades of experienced investors via the Myfxbook platform. Please note that trading in leveraged foreign exchange carries a high level of risk, and may not be suitable for all investors. Always consider your personal risk tolerance and financial circumstances before engaging in forex trading.

Which Trading Instruments are offered by Rakuten Securities?

Rakuten Securities, a subsidiary of Internet services provider Rakuten Inc. , provides comprehensive financial brokerage services with a wide range of asset products. Forex Trading Rakuten Securities offers forex trading with 40 forex pairs including majors and minors. They provide fixed spreads and no added commissions. , which offers a stable way for less experienced traders to access currency markets. Stock Trading While Rakuten Securities does not offer direct stock trading. , they have been regularly expanding their offering of trading instruments. They have added stocks of 100 US-listed companies to the lineup of trading instruments. The list of new additions includes Grab Holdings Ltd, which operates Southeast Asia’s leading superapp “Grab”, and Sono Group NV, a solar-powered electric vehicle manufacturer based in Germany. In October 2021, they added the stocks of 200 companies listed on US and Hong Kong exchanges to its offering. CFD Trading Rakuten Securities offers CFD trading on forex, commodities, and index. They provide leverage up to the ASIC-sanctioned 1:30 maximum. , a 70% margin call level, and 50% stop-out. Crypto Trading Rakuten Securities offers a bare minimum in the way of crypto trading, with only Bitcoin CFDs paired with the US dollar and with a maximum leverage of 1:2. Copy Trading Rakuten Securities offers a user-friendly copy trading tool. Traders can mirror the trades of experienced investors via the Myfxbook platform. In conclusion, Rakuten Securities provides a diverse range of trading instruments, making it a comprehensive platform for traders. However, the selection of tradeable assets is limited and there are high fees on some instruments.

Which Trading Servers are offered by Rakuten Securities?

Rakuten Securities, a prominent online trading company, offers its clients access to two key trading platforms: MetaTrader 4 (MT4) Web and MARKETSPEED II. The MT4 Web platform, introduced on December 27, 2021, enables FX and CFD trading via a web browser. This platform is particularly advantageous as it does not require installation, making it more accessible compared to traditional desktop versions. It provides technical analysis enthusiasts with access to 30 types of technical indicators. The platform supports various orders, including Limit/Stop Order, IFD/IDO order, and One-click order. However, it’s important to note that EA (Expert Advisors) are not available on MT4 Web. On the other hand, MARKETSPEED II is a desktop trading platform. In May 2021, Rakuten Securities enhanced the performance of MARKETSPEED II by upgrading the servers for the platform. Specifically, the number of servers supporting the platform was increased. This upgrade resulted in reduced response times when updating the screen and improved response times for chart transitioning. Especially during crowded trading periods, the response at the time of closing is improved, providing a more comfortable trading environment. Rakuten Securities is among a select group of brokers offering MetaTrader 4 (MT4) in Japan. Other companies that offer trading on MT4 in Japan include Forex.com Japan, OANDA Japan, and Dukascopy Japan. It’s worth noting that some companies, like Monex, have discontinued MT4. In conclusion, Rakuten Securities offers robust and versatile trading servers, catering to a wide range of trading needs and preferences. Whether you prefer web-based trading with a focus on technical analysis or a desktop platform with enhanced performance, Rakuten Securities has you covered.

Can I trade Crypto with Rakuten Securities? Which crypto currencies are supported by Rakuten Securities?

Rakuten Securities, through its subsidiary Rakuten Wallet, offers the ability to trade cryptocurrencies. This service was launched in response to popular demand from experienced traders. The cryptocurrencies supported by Rakuten Wallet include Bitcoin (BTC), Ethereum (ETH), and Bitcoin Cash (BCH). In addition to these, users can also trade in Litecoin (LTC) and Ripple (XRP). These cryptocurrencies can be traded against the Japanese yen. Rakuten Wallet provides crypto asset margin trading services. This allows users to perform up to double margin trading for five varieties of currency pairs: BTC/JPY, ETH/JPY, BCH/JPY, LTC/JPY, and XRP/JPY. This service is available 24 hours a day, 365 days a year. Users can apply to open a dedicated cryptocurrency margin trading account ahead of the launch. The application process involves filling in the required details, which allows users to easily open a margin trading account. In addition to trading, Rakuten Wallet also allows users to charge their Rakuten Cash balance with Bitcoin and other crypto assets. This service enables users to use crypto assets to shop at Rakuten Pay and Rakuten Point Card-affiliated businesses across Japan. The amount of Rakuten Cash chargeable using crypto assets ranges from a minimum of 1,000 yen to a maximum cumulative total of 100,000 yen per month. Rakuten Wallet is planning to add more cryptocurrencies in the future. This expansion will provide users with more options for trading and using cryptocurrencies. In conclusion, Rakuten Securities, through Rakuten Wallet, provides a comprehensive platform for trading and using cryptocurrencies. This service caters to both experienced traders and regular users, offering a wide range of options for trading and spending cryptocurrencies.

What is the Leverage on my Rakuten Securities Trading Account?

Leverage on a Rakuten Securities Trading Account is a powerful tool that allows you to control a larger position with a smaller amount of capital, amplifying both gains and losses. What is Leverage?. Leverage is a common financial concept used in several industries. For instance, when purchasing a house, you’re likely to apply for a mortgage, which allows you to use borrowed capital to purchase the house. Similarly, leverage issued by your Forex broker enhances the capital you can use to trade, using the securities that you purchase and the equity in your account as collateral. For example, a leverage of $100 to 1 requires that you only place $1 on deposit to control $100 of securities. However, you cannot withdraw any of the borrowed-capital that is used to leverage your securities. Rakuten Securities Australia’s Leverage. Rakuten Securities Australia provides leverage of up to 400-1 on Forex trades, based on your capital and experience. However, the broker will likely have a cap on the size of any individual position, which will also be a function of the size of your account. For every position you add, you will need to be able to cover at least the maximum Rakuten Securities Australia believes you can lose during the next 24-hours. Margin Account. To use leverage, you will need to open a margin account. When you apply, your broker will ask you questions about your experience to determine how much leverage to offer you. A margin account will have several nuances that you should understand. Generally, when you use leverage, Rakuten Securities Australia will charge you a small interest fee for the capital you use for leverage. Additionally, they will monitor and report your use of leverage per open position. Rakuten Securities Australia offers two different margins accounts for professional accounts. This includes a standard account with leverage of 100-1 and a high margin account with leverage up to 400-1. Margin serves as a good faith deposit, which Rakuten Securities Australia uses as collateral for trades. Risk Management. Leverage amplifies the impact of volatility, and increases the amplitude of both gains and losses. Therefore, implementing effective risk management techniques is essential when trading on leverage. From basic strategies, such as setting your maximum acceptable loss per trade and using appropriate stop-loss orders, to complex risk measurement techniques, there are a range of techniques to improve outcomes in leveraged trading. In conclusion, leverage on a Rakuten Securities Trading Account can be a powerful tool for maximizing potential profits in the financial markets. However, it comes with inherent risks and requires careful management.

What kind of Spreads are offered by Rakuten Securities?

Rakuten Securities offers a variety of spreads for different trading accounts and financial instruments. Here are some details:. Forex Spreads Rakuten Securities offers tight fixed spreads on popular currency pairs. For example, the spread for EUR/USD, GBP/USD, and AUD/USD is as low as 0.5. The spread for USD/JPY is 0.6. For other pairs like EUR/JPY, GBP/JPY, and AUD/JPY, the spread is slightly higher, ranging from 1.1 to 1.5. For less common pairs like EUR/AUD and USD/CAD, the spread can go up to 2.5 and 1.9 respectively. Metals and Oils In addition to forex, Rakuten Securities also offers trading in metals and oils with competitive spreads. For example, the spread for XAU/USD (Gold) is 2.0, and for XAG/USD (Silver), it’s 3.0. For oils, the spread for US Crude Oil and UK Crude Oil is 0.07 and 0.06 respectively. CFD Indices Rakuten Securities also provides trading in CFD Indices with attractive spreads. For instance, the spread for Australia 200 and EuroStock 50 is 1.5, for France 40 it’s 1.1, and for Germany 30 it’s 0.6. Swap Rates Rakuten Securities offers market-leading overnight swap rates. These rates can increase your swap earnings or decrease your swap costs when holding overnight positions. Please note that these spreads are fixed on currency pairs only and may vary depending on the account type. Also, the actual swap rates are reflected as of the previous rollover. In conclusion, Rakuten Securities offers a wide range of spreads for various financial instruments, making it a competitive choice for traders. Please visit their official website for the most up-to-date information.

Does Rakuten Securities offer MAM Accounts or PAMM Accounts?

Rakuten Securities, a major player in the online brokerage industry, does not offer PAMM (Percentage Allocation Management Module) accounts. PAMM accounts are a type of investment where investors can allocate funds to a money manager, who then trades on their behalf from a master account. This system is predominantly used in forex trading, providing investors with the opportunity to profit from trading without needing to carry out technical analysis or take positions themselves. However, it’s important to note that while PAMM accounts can offer potential profits, they also carry the risks of capital loss, based on a money manager’s performance. Therefore, investors should carefully consider these factors before deciding to invest in a PAMM account. As for MAM (Multi Account Manager) accounts, there is no available information indicating that Rakuten Securities offers this type of account. MAM accounts are similar to PAMM accounts but provide the money manager with the ability to customize the trading conditions for each sub-account, which can be beneficial for investors with different risk tolerances and investment goals. Despite not offering PAMM or MAM accounts, Rakuten Securities provides a range of services for retail investors. They offer intuitive trading tools for stock trading and other related services. They also provide services that are accessible to investment newcomers, such as Point Investment, allowing customers to use Rakuten Points to invest in investment trusts and purchase domestic stocks. In conclusion, while Rakuten Securities offers a variety of services to cater to different types of investors, they do not currently offer PAMM or MAM accounts for forex trading. Potential investors should consider their individual investment goals, risk tolerance, and the available services before choosing a brokerage.

Does Rakuten Securities allow Expert Advisors?

Rakuten Securities, a globally recognized forex broker, offers a range of services to its clients. However, it’s important to note that clients do not have access to the MT5 platform and the MT4 web version. This suggests that the use of Expert Advisors, which are typically associated with the MetaTrader platforms, may not be supported. Rakuten Securities Australia (RSA) is known for its tight fixed spreads and no commission policy. They offer a variety of currency pairs for trading, with spreads as low as 0.5 pips. This could be an attractive feature for traders who rely on automated trading systems like Expert Advisors, which often require low spreads for optimal performance. However, the lack of support for the MT5 platform and the MT4 web version. could limit the use of Expert Advisors. It’s always recommended for traders to check with the broker directly for the most accurate and up-to-date information regarding the use of Expert Advisors or any other specific trading tools or strategies. Rakuten Securities has a strong commitment to corporate governance. , and they strive to offer secure services across the entire Group. This suggests that they have measures in place to ensure the appropriateness, efficiency, fairness, and soundness of their services. Therefore, any policies regarding the use of Expert Advisors would likely be designed with these principles in mind. In conclusion, while Rakuten Securities offers a range of attractive features for forex traders, the use of Expert Advisors may not be supported due to the lack of support for the MT5 platform and the MT4 web version. Traders interested in using Expert Advisors should reach out to Rakuten Securities directly for the most accurate information. As always, it’s important for traders to thoroughly understand the terms and conditions associated with the use of any trading tools or strategies.