Forex Rakuten Securities Broker Review

Performance Matrix

Main Score & Risk Matrix

#185

Score

7.8

Excellent

Rakuten Securities is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

License 8.0

Business 7.3

Risk Control 7.6

Software 8.3

Regulatory 7.8

Terminal Snapshot

Rakuten Securities Trading Conditions

Registered Region Japan

Operating Period Above 20 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@sec.rakuten.com.hk

Contact Number +85221190116

Website sec.rakuten.com.au

Balanced Review

Pros & Cons

Pros

Regulated by the Securities and Futures Commission (SFC) in Hong Kong
Diverse trading instruments including forex, equities, and commodities
Multiple trading platforms: MetaTrader 4, MarketSpeed FX, iSpeed FX, and Rakuten FX Web
Low minimum deposit requirement of 10,000 JPY
Comprehensive customer support available via email, live chat, and phone

Cons

Limited range of trading instruments available
High withdrawal fees, especially for international transfers
Lack of comprehensive educational resources for beginners
Customer support accessibility issues
Geographical restrictions on client eligibility

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Rakuten Securities	FXTF	Phillip	AvaTrade
Operating Period	Above 20 years	See review	See review	See review
Region	Japan	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	7.8/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Rakuten Securities Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and general traders	Low minimum deposit, access to a wide range of assets	Suitable for small-capital practice
Professional Account	Experienced traders	Higher leverage, advanced features	Requires trading volume qualifications
Corporate Account	Corporate clients	Custom solutions and services	Requires corporate documentation
Islamic Account	Muslim traders	Swap-free trading compliant with Sharia law	Must verify eligibility
Demo Account	New traders and strategy testers	Risk-free environment using virtual funds	Ideal for practicing skills

Account Opening Process

To open an account with Rakuten Securities, clients will need to submit their personal, employment, and financial information through an online application. This process includes providing identity verification documents, such as a government-issued ID and proof of address. After the initial review, applicants may also be required to verify their identity further. Furthermore, account flexibility allows traders to upgrade to a professional account later as their experience and trading volume increase.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Tight spreads for major pairs
CFDs (Stocks)	Varies	$0	Access to a variety of stocks
CFDs (Indices)	Varies	$0	Includes major indices
Commodities (Gold, Oil)	Varies	$0	Competitive pricing on commodities
Cryptocurrencies (BTC, ETH)	Varies	$0	Limited offerings for cryptocurrencies

Other Fees

Other fees associated with trading at Rakuten Securities may include deposit and withdrawal fees, which can apply depending on the payment method. Inactivity fees may also be charged if an account remains unused for an extended period. Additionally, there may be platform usage fees, overnight interest (swap rates), and potential currency conversion fees that traders should consider when managing their accounts.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Rakuten Securities is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Rakuten Securities User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

20%

4 star

60%

3 star

12%

2 star

4%

1 star

4%

Yuki Tanaka

Tokyo, Japan

★ ★ ★ ★ ★

I have had a terrible experience with Rakuten Securities. After requesting a withdrawal, my funds have been stuck for weeks with no clear communication from customer support. I feel like they are not trustworthy, and I can’t recommend them to anyone looking for a reliable broker.

Aiko Sato

Osaka, Japan

★ ★ ★ ★ ★

The trading platform has some good features, but customer service is lacking. I’ve tried contacting them multiple times for help with my account, but the agents are often unhelpful and the chat disconnects frequently. It’s frustrating when you need assistance.

Hiroshi Kimura

Nagoya, Japan

★ ★ ★ ★ ★

I’ve been trading with Rakuten Securities for a few months now, and overall, I’m quite satisfied. The MetaTrader 4 platform is user-friendly, and I appreciate the low fees. However, I do wish they offered a wider range of educational resources for beginners.

Sakura Yamada

Fukuoka, Japan

★ ★ ★ ★ ★

Rakuten Securities has been a great choice for me! Their trading platform is efficient and I’ve experienced smooth withdrawals. The range of trading instruments is impressive, and I feel secure knowing they are regulated by the SFC. Highly recommend for anyone looking to trade.

Japan Market