All Share (J203) = 89 898
Rand / Dollar = 18.26
Rand / Pound = 23.63
Rand / Euro = 19.71
Gold (usd/oz) = 3 073.81
Platinum (usd/oz) = 985.07
Brent (usd/barrel) = 73.15
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Rakuten Securities- Minimum Deposit

Rakuten Securities Minimum Deposit

 

Yes, Rakuten Securities offers a Minimum Deposit of $50 or currency equivalent. This is very good when compared to other broker minimum deposit fees, making it accessible to beginner and smaller retail traders.

 

Rakuten Securities at a glance

🔍 Brokers NameRakuten Securities
📍 HeadquarteredAustralia, Japan
📅 Year Founded1999
🏛 Regulating AuthoritiesAustralian Securities & Investments Commission (ASIC)
🌐 Countries not accepted for tradeUnited States
☪️️ Islamic Account
(Swap Free)
Yes
📒 Demo AccountYes
💻 Institutional AccountsNo
💻 Managed AccountsYes
📊 Maximum Leverage1:30
💰 Minimum Deposit$50
ZARR800 ZAR
💳 Deposit OptionsDomestic and international bank wire
Credit or debit card
Neteller
Skrill
China Union Pay
Instant transfer for South-East Asia
TransferWise
💳 Withdrawal OptionsDomestic and international bank wire
Credit or debit card
Neteller
Skrill
China Union Pay
Instant transfer for South-East Asia
TransferWise
📉 Platform TypesMetaTrader 4
📲 OS CompatibilityWindows, Mobile, Web, iPhone, iPad

PC and Mac OS, mobile for Android and IOS
📊 Tradable AssetsForex, stock index CFDs and commodity CFDs.
🌐 Languages supportedFrench
German
Greek
Hindi
Indonesian
Italian
Japanese
Korean
Malay
Polish
Portuguese
Russian
Spanish
Thai
Turkish
Ukrainian
Vietnamese
☎ Customer Service24 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 Minimum Deposit Revealed – A Key 8-Point Quick Overview

  1. Rakuten Securities Overview
  2. Rakuten Securities Minimum Deposit
  3. Rakuten Securities Deposit fees and deposit methods
  4. A step-by-step guide to depositing the Rakuten Securities minimum amount
  5. Rakuten Securities Pros and Cons
  6. Rakuten Securities Customer Reviews
  7. Final Thoughts
  8. 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.

 

Rakuten Securities Overview

 

 

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.

 

Rakuten Securities Overview

 

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 Overview

 

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 Minimum Deposit

 

The minimum deposit amount required to open a broker account with Rakuten Securities is $50. This is a low minimum deposit when compared to many other brokers in the industry.

 

💳 Minimum Deposit$50
ZARR800 ZAR

 

As such, the minimum deposit requirement from Rakuten Securities will present a low barrier of entry to most new and beginner Forex traders.

 

Rakuten Securities Deposit fees and deposit methods

 

Rakuten Securities offers a variety of different deposit methods, which include the following:

💳 Domestic and international bank wire

💳 Credit or debit card

💳 Neteller

💳 Skrill

💳 China Union Pay

💳 Instant transfer for South-East Asia

💳 TransferWise

 

In terms of deposit currencies, you can add money to your account in one of four currencies including the US dollar (USD), the Australian dollar (AUD), The Euro (EUR), and the British Pound (GBP). You can open multiple accounts funding each with a different currency. When you initially fund your account, you will need to choose one of the four base currencies. Traders depositing in currencies not listed, like ZAR/Rand, will likely incur conversion fees.

 

In terms of deposit security, 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.

 

In terms of fees, while Rakuten Securities does not charge deposit fees, there is a very high withdrawal fee of $25 on international bank transfers.

 

A step-by-step guide to depositing the Rakuten Securities minimum amount

 

The following steps are required to fund your account with Rakuten Securities:

 

🟢 Step 1 – Log into your Rakuten Securities trading account

 

Log in to your trading account. You will be redirected to your trading account dashboard

 

A step-by-step guide to depositing the Rakuten Securities minimum amount Step 1

 

🟢 Step 2 –  Select the option to fund your Rakuten Securities account

 

Select the option to deposit funds into your account “cash deposit”

 

A step-by-step guide to depositing the Rakuten Securities minimum amount Step 2

 

🟢 Step 3 – Confirm your deposit

 

Rakuten Securities Pros and Cons

 

✔️ Pros❌ Cons
Low minimum depositHigh withdrawal fees
No deposit fees

 

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

IG 5 Star Review

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

IG 4 Star Review

Rakuten Securities Affiliate Program

I enjoy the opportunities to earn an income through IB programs offered by forex brokers, Check it out! – Natalie

IG 3 Star Review

 

You might also like: Rakuten Securities Review

You might also like: Rakuten Securities Sign-Up Bonus

You might also like: Rakuten Securities Demo Account

You might also like: Rakuten Securities Fees and Spreads

You might also like: Rakuten Securities Islamic Account

You might also like: Rakuten Securities Account Types

 

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.

 

Rakuten Securities Contact Us

 

Frequently Asked Questions

 

 

How does the the minimum deposit for Rakuten Securities compare to similar brokers?

 

Although there are brokers similar to Rakuten Securities who do not have a minimum deposit requirement, the Rakuten Securities minimum deposit requirement of $50 presents a low barrier of entry to most new and beginner Forex traders.

 

Does Rakuten Securities charge withdrawal fees?

 

Yes, Rakuten Securities has a very high withdrawal fee of $25 on international bank transfers.

 

How do I make a deposit and withdrawal with Rakuten Securities?

 

Rakuten Securities offers a variety of different deposit methods, which include the following:

  • Domestic and international bank wire
  • Credit or debit card
  • Neteller
  • Skrill
  • China Union Pay
  • Instant transfer for South-East Asia
  • TransferWise

 

How long does it take to make a withdrawal?

 

Withdrawals from Rakuten Securities can take up to 3 business days to process.

 

Are my deposits safe with Rakuten Securities?

 

Yes. 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.

4.2/5 - (18 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

July 14, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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