English
Rating Index
Pros
Competitive commission rates, making it a cost-effective option for traders.
User-friendly trading platform with modern design and useful features like stock screeners and price alerts.
Strong regulatory framework and customer support, ensuring a secure trading environment.
Cons
Limited access to certain markets, primarily focusing on Malaysian stocks.
No demo account available for practice trading, which may hinder new traders.
Occasional platform issues, including reported execution problems during high-demand periods.
Rakuten Bank broker Accounts
Rakuten Securities Account Types
Rakuten Securities offers four different account types tailored to meet the needs of various traders:
- Retail Account
- Leverage: Up to 30:1
- Spreads: From 0.5 pips
- Minimum Deposit: $50
- Maximum Open Position: 250 lots
- Margin Call Level: 70%
- Stop Out Level: 50%
- Negative Balance Protection: Yes
- Pro 1 Account
- Leverage: Up to 100:1
- Spreads: From 0.5 pips
- Minimum Deposit: $50
- Maximum Open Position: 250 lots
- Margin Call Level: 70%
- Stop Out Level: 50%
- Negative Balance Protection: Yes
- Pro 2 Account
- Leverage: Up to 400:1
- Spreads: From 0.8 pips
- Minimum Deposit: $50
- Maximum Open Position: 40 lots
- Margin Call Level: 70%
- Stop Out Level: 50%
- Negative Balance Protection: Yes
- Pro VIP Account
- Leverage: Up to 400:1
- Spreads: From 0.5 pips
- Minimum Deposit: $1,000
- Maximum Open Position: 250 lots
- Margin Call Level: 70%
- Stop Out Level: 50%
- Negative Balance Protection: Yes
- Visit the Website
- Navigate to the Rakuten Securities website and click on the "Start Trading" button.
- Complete Registration Form
- Fill out the online registration form with personal details such as name, date of birth, nationality, and contact information.
- Provide Address Information
- Enter your residential address and contact number.
- Employment and Financial Details
- Provide information regarding your employment status and financial details, including a brief trading experience questionnaire.
- Choose Account Type
- Select the desired account type (Retail, Pro 1, Pro 2, or Pro VIP) and the currency for your trading account.
- Upload Required Documentation
- Upload identification documents such as a government-issued ID and proof of address.
- Submit Application
- Review all entered information and submit your application.
- Account Activation
- After submission, your account will typically be activated within 24 hours, allowing you to fund your account and start trading.
Additionally, Rakuten Securities provides a 100% risk-free demo account and an Islamic account option for Muslim traders, which adheres to Sharia law by charging no overnight fees.
Rakuten Securities Broker Account Opening Process
Opening an account with Rakuten Securities involves several straightforward steps:
By following these steps, traders can easily set up their accounts and begin their trading journey with Rakuten Securities.
Rakuten Bank Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
Rakuten Bank accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .