Rakuten Securities Fees, Spreads, and Commission vary according to the account type that the trader is using. Rakuten Securities spread list starts from 0.5 pips.
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 Fees and Spreads Revealed – A Key 8-Point Quick Overview
- ✅Rakuten Securities Overview
- ✅Rakuten Fees and Spreads
- ✅Rakuten Securities Additional Trading Fees
- Rakuten Securities Broker Fees
- 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 Fees and Spreads
Traders with Rakuten Securities can expect the following spread list:
Rakuten Securities offers tight fixed spreads without commission. The broker’s pricing comes directly from its headquarters which has access to a wide range of top-tier liquidity providers to enable clients to trade with competitive spreads in the global market. As such, spreads average at 0.5 pips for major currency pairs like EUR/USD.
Rakuten Securities Additional Trading Fees
Rakuten Securities charges swap fees, also referred to as overnight fees, on positions held open overnight. These accrue as interest which can be either debited from or credited to the trader, depending on the nature of the position. An Islamic Account is offered to clients of the Muslim faith, for whom such interest is prohibited by Sharia law.
| Overnight Fees | ☑ Charged |
| Swap Rates | ☑ Charged |
| Inactivity Fees | ❌ None |
Rakuten Securities offers market-leading overnight swap rates. The Actual Swap Rates are reflected as of the previous rollover and can be viewed directly on the broker’s website. While Rakuten Securities does not have other non-trading fees such as inactivity fees or account maintenance fees, the broker has a rather high withdrawal fee of $25 on international wire transfers. Rakuten Securities does not charge deposit fees.
Rakuten Securities Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution. As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
As Rakuten Securities is not a spread betting broker, so spread betting fees will not apply.
Rakuten Securities Pros and Cons
| ✔ PROS | ❌ CONS |
| Commission-free trading | High withdrawal fee on international wire transfers |
| Low non-trading fees | |
| Tight, competitive spreads |
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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You might also like: Rakuten Securities Minimum Deposit
You might also like: Rakuten Securities Islamic Account
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
What type of spreads can I expect with Rakuten Securities?
Rakuten Securities offers tight fixed spreads without commission. The broker’s pricing comes directly from its headquarters which has access to a wide range of top-tier liquidity providers to enable clients to trade with competitive spreads in the global market. As such, spreads average at 0.5 pips for major currency pairs like EUR/USD.
Does spread betting costs apply to Rakuten Securities?
Rakuten Securities does not offer spread betting, therefore fees do not apply
Does Rakuten Securities charge overnight fees?
No. Rakuten Securities does not charge traders for positions held longer than 24 hours (overnight fees).
What is the cost of trading with Rakuten Securities?
The cost of trading with Rakuten Securities is a minimum deposit requirement of $50
Is Rakuten Securities a good low-commission forex broker?
Yes. Commissions are charged at a variable rate depending on the asset traded and are also competitive.
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