Rakuten Securities provides four different account types – the Retail Account, the Pro 1 Account, the Pro 2 Account, and the Pro VIP Account. A 100% risk-free Demo Account is also offered.
Rakuten Securities at a glance
| 🔍 Brokers Name | Rakuten Securities |
| 📍 Headquartered | Australia, Japan |
| 📅 Year Founded | 1999 |
| 🏛 Regulating Authorities | Australian Securities & Investments Commission (ASIC) |
| 🌐 Countries not accepted for trade | United States |
| ☪️️ Islamic Account (Swap Free) | Yes |
| 📒 Demo Account | Yes |
| 💻 Institutional Accounts | No |
| 💻 Managed Accounts | Yes |
| 📊 Maximum Leverage | 1:30 |
| 💰 Minimum Deposit | $50 |
| ZAR | R800 ZAR |
| 💳 Deposit Options | Domestic and international bank wire Credit or debit card Neteller Skrill China Union Pay Instant transfer for South-East Asia TransferWise |
| 💳 Withdrawal Options | Domestic and international bank wire Credit or debit card Neteller Skrill China Union Pay Instant transfer for South-East Asia TransferWise |
| 📉 Platform Types | MetaTrader 4 |
| 📲 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📊 Tradable Assets | Forex, stock index CFDs and commodity CFDs. |
| 🌐 Languages supported | French German Greek Hindi Indonesian Italian Japanese Korean Malay Polish Portuguese Russian Spanish Thai Turkish Ukrainian Vietnamese |
| ☎ Customer Service | 24 hours a day /5 days a week |
Min Deposit
USD 50
Regulators
ASIC
Trading Platform
MT4
Crypto
No
Total Pairs
40
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Rakuten Securities Account Types Revealed – A Key 10 Point Quick Overview
- ✅Rakuten Securities Overview
- ✅Rakuten Securities Account Types
- ✅Rakuten Securities Account Features
- How to open a Rakuten Securities Trading Account – Step by Step
- Rakuten Securities Demo Account
- Rakuten Securities Islamic Account
- Rakuten Securities Pros and Cons
- Rakuten Securities Customer Reviews
- Final Thoughts
- Frequently Asked Questions
Rakuten Securities Overview
Rakuten Securities was established in 1999 and has grown to be a well-established, globally operational online Forex and CFD broker. Rakuten Securities offers four different account types which provide very tight spreads, starting as low as 0.8 pips, and commission-free trading, which can be opened for a minimum deposit of $50.
Forex and CFD trading is facilitated on the highly regarded MetaTrader 4 platform, which is a popular piece of software for trading forex and metals. Besides managing trades, it lets you analyze prices with a slew of charts and technical analysis tools.
The software also allows for advanced strategy testing. All the technical indicators that are available with the MetaTrader 4 platform can be programmed into an expert advisor, once a back-test has been performed. In addition, you can customize all these indicators using the MQL4 programming language. While Rakuten Securities provides a feature-rich environment for advanced traders, beginners can also take advantage of the broker’s comprehensive educational offering.
Finally, Rakuten Securities provides a highly secure trading environment to all traders with guaranteed security of client funds. Rakuten Securities is highly regulated by the Australian Securities and Investments Commission (ASIC), which applies strict measures in terms of ensuring client deposits and applying stringent deposit security measures.
Rakuten Securities Australia fully adheres to Anti-Money Laundering and Counter-Terrorism Financing Rules (AML/CTF Rules) following the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
Rakuten Securities Account Types
Rakuten Securities offers four different account types. These consist of the Retail, Pro 1, Pro 2, and Pro VIP Accounts. Prospective clients who wish to open a forex trading account will first be required to register. Rakuten Securities will ask you specific questions that will provide the broker with the necessary information required to open an account.
| 🌐 Retail Account |
| 🌐 Pro 1 Account |
| 🌐 Pro 2 Account |
| 🌐 Pro VIP Account |
To this end, Rakuten Securities needs to secure the correct personal details to ensure the safety of your funds. Once your account is registered, you will have an opportunity to fund your account. There is also the option of opening a Professional Account. Professional accounts are for active traders who have experience in the FX market.
There are certain criteria you need to meet before you can open a professional account. This can be found on the Professional account page on the Rakuten Securities website. Each online account provides access to 40 different currency pairs, gold and silver, and indices. To improve the affordability of its market offering, Rakuten Securities provides no commission trading as well as tight institutional bid-offer spreads, providing clients with superior liquidity.
Online trading at Rakuten Securities is maintained securely to the highest standard. All the funds are segregated. This means that the money that each investor, corporation deposits, or trusts are separate from all other funds and cannot be commingled with other investment capital. Rakuten Securities is triple-A banking backed, which means the banks have the top credit rating available. All the funds are fully insured.
Rakuten Securities Account Features
Retail Account
| 📊 Leverage | up to 30:1 |
| 💳 Spreads from | 0.5 |
| 💳 Minimum Deposit | $50 |
| ZAR | R800 ZAR |
| ▶ Max 1shot Amount | 20 |
| ▶ Max Open Position | 250 lots |
| ▶ Margin Call Level | 70% |
| ▶ Margin Call Level | 50% |
| Client Money Segregation | ☑ |
| Negative Balance Protection | ☑ |
| Product Disclosure Statement | ☑ |
| Financial Services Guide | ☑ |
Pro 1 Account
| 📊 Leverage | up to 100:1 |
| 💳 Spreads from | 0.5 |
| 💳 Minimum deposit | $50 |
| ZAR | R800 ZAR |
| ▶ Max 1shot Amount | 20 |
| ▶ Max Open Position | 250 lots |
| ▶ Margin Call Level | 70% |
| ▶ Stop Out Level | 50% |
| Client Money Segregation | ☑ |
Pro 2 Account
| 📊 Leverage | 400:1 |
| 💳 Spreads from | 0.8 |
| 💳 Minimum deposit | $50 |
| ZAR | R800 ZAR |
| ▶ Max 1shot Amount | 20 |
| ▶ Max Open Position | 40 lots |
| ▶ Margin Call Level | 70% |
| ▶ Stop Out Level | 50% |
| Client Money Segregation | ☑ |
Pro VIP Account
| 📊 Leverage | 400:1 |
| 💳 Spreads from | 0.5 |
| 💳 Minimum deposit | $1000 |
| ZAR | R1 600 ZAR |
| ▶ Max 1shot Amount | 20 |
| ▶ Max Open Position | 250 lots |
| ▶ Margin Call Level | 70% |
| ▶ Stop Out Level | 50% |
| Client Money Segregation | ☑ |
How to open a Rakuten Securities Trading Account – Step by Step
How to open a Rakuten Securities trading account:
Step 1 – Navigate to the Rakuten Securities website and click on ‘Start Trading”
Navigate to the account registration area on the Rakuten Securities website. This can be accessed by clicking on the Start trading button at the top of the landing page.
Step 2 – Fill out the Rakuten Securities account registration form
Fill out the short online registration form to request a live trading account. You will need to provide your name, title, last name, date of birth, country of residence, nationality, email, and mobile number.
Click “next” to continue
🟢 Step 3 – Fill out the Rakuten Securities address
Fill out the form by providing the required address, mobile number, and postal code.
🟢 Step 4 – Fill out Employment details
Provide details such as employment status, financial details, and by filling out a short trading experience questionnaire.
🟢 Step 5 – Choose Rakuten Securities swap type and trading currency
Choose the swap type for trading, as well as the currency of your account. Read and agree to the declaration, click next to continue.
🟢 Step 6 – Upload documentation
Upload a photographic passport, driver’s license or national id, and proof of address (within the last 6 months). Additional documentation can be uploaded to support the Rakuten Securities application, Click Submit to apply.
Rakuten Securities Demo Account
The demo account from Rakuten Securities is funded with virtual currency and provides users with access to the MetaTrader 4 platform. The demo account will have the following features:
▶ You can trade with more than 50 products (Forex, Metals, and Indices)
▶ Real-time spreads, fast execution & leverage up to 30:1 for Retail and 400:1 for Pro
▶ Demo accounts use the same price feed as our live MT4 platform
▶ Practice trading with your Smartphone and PC
Rakuten Securities Islamic Account
Also known as ‘no swap accounts’, Islamic trading accounts allow Muslims to engage in online forex trading in compliance with Sharia law. With 25% of the world’s population practicing the Islamic faith, Islamic forex trading has continued to gain popularity worldwide.
| ☪️️ Rakuten Securities Islamic Account: | Strict Sharia Law |
| Swap 🆓 | |
| Min deposit $50 |
Essentially, an Islamic forex trading account charges no swap or rollover interest on positions held overnight in the forex market. An administration fee is, however, charged on some accounts to open positions.
Rakuten Securities Pros and Cons
| ✔️ Pros | ❌ Cons |
| Commission-free trading | High withdrawal fees on international wire transfers |
| Islamic Accounts available | |
| Low minimum deposit | |
| Well-regulated broker |
Rakuten Securities Customer Reviews
Good Broker
Rakuten Securities is one of the best brokers..Fast depo, fast profit & fast withdraw .. good job ..100% Recommended! – Tina
Must Join
I have had a great experience with Rakuten and I am pleasantly surprised at how great the customer service is.. Any minor issue I had tracking my cashback was quickly resolved within 24 hours…. – Kim
Rakuten Securities Affiliate Program
I enjoy the opportunities to earn an income through IB programs offered by forex brokers, Check it out! – Natalie
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Min Deposit
USD 50
Regulators
ASIC
Trading Platform
MT4
Crypto
No
Total Pairs
40
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Final Thoughts
Overall, Rakuten Securities is one of the largest forex brokers in the industry, offering low fees with a fast and easy account opening procedure. The company’s MT4 platform offers everything a trader might need, with comprehensive tools and fast execution. While the company’s instrument portfolio might be too limited for some, pure forex brokers will find a well-regulated broker with competitive spreads and useful tools.
Frequently Asked Questions
Can traders from South Africa open a Rakuten Securities trading account?
Yes, Rakuten Securities is accessible to traders in South Africa
Does Rakuten Securities have ZAR accounts?
No, Rakuten Securities does not offer accounts in ZAR.
How many instruments can I trade with Rakuten Securities?
Rakuten Securities has a limited asset selection, consisting of forex, stock index CFDs, and commodity CFDs.
Does Rakuten Securities offer leverage?
Yes. Rakuten Securities offers leverage ratios in line with ASIC’s latest restriction effective from 29 March 2025:
- 30:1 for major currency pairs
- 20:1 for minor currency pairs, gold, or a major stock market index
- 10:1 for commodities (other than gold) or a minor stock market index
- 2:1 for crypto assets
- 5:1 for shares or other assets
Is Rakuten Securities a good broker to choose if I am new to trading?
Rakuten Securities caters to both beginner and advanced traders, beginner traders have the option of a 100% risk-free demo account before opening a live trading account with Rakuten Securities
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