Rakuten Securities offers a Demo Account mimicking a live trading account and offers many features for traders. Traders have access to the same functions many features and options that they normally would have on a live trading account.
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 Demo Account Revealed – A Key 7 – Point Quick Overview
- ✅Rakuten Securities Overview
- ✅How to set up a Rakuten Securities Demo Account – Step by Step
- ✅Rakuten Securities Demo Account Features
- 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.
How to set up a Rakuten Securities Demo Account – Step by Step
Prospective clients of Rakuten Securities can open a free demo account with the following simple steps:
Step 1 – Go to the Rakuten Securities official website
Click on the Open Demo Account button on the top right-hand corner of the landing page
Step 2 – Rakuten Securities Account Registration
You will be redirected to an online registration page. Provide your details, including your full name, email address, and country of residence Select your preferred leverage ratio. You can choose between 30, 100 and 400
Select your preferred base currency. Available currencies consist of AUD, GBP, USD, and EUR. Read and accept the terms and conditions
click “Next” and Submit your registration.
Step 3 – Log in Details
Upon approval, log-in details for your demo account will be sent to your inbox
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
Rakuten Securities Demo Account Features
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
You can only have one demo account linked to one email address. If you would like more, you can apply for each account separately with a different email address.
Rakuten Securities Pros and Cons
| ✔️ PROS | ❌ CONS |
| The Demo account gives full access to MetaTrader 4 | Demo account expires after 30 days |
| Mimcs live trading enviroment | |
| 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 cash back 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 demo account?
Yes, Rakuten Securities offers the option of a demo account to all new traders.
For how long is the Rakuten Securities demo account valid?
The demo account from Rakuten Securities is valid for a period of 30 days.
Can you withdraw money from a Rakuten Securities demo account?
a Rakuten Securities demo account provides virtual money for practice trading that is not open to withdrawals.
Does Rakuten Securities offer a demo account?
Yes, Rakuten Securities offers a demo account
Is the Rakuten Securities demo the same as a trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring both the broker’s offer and the trading platform. A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
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