Rakuten Securities Account Type

Rakuten Securities offers four different types of trading accounts:

• Retail Account
• Leverage: Up to 30:1
• Spreads: From 0.5 pips
• Minimum Deposit: $50
• Maximum Open Position: 250 lots
• 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
• Stop Out Level: 50%
• Pro 2 Account
• Leverage: Up to 400:1
• Spreads: From 0.8 pips
• Minimum Deposit: $50
• Maximum Open Position: 40 lots
• Stop Out Level: 50%
• Pro VIP Account
• Leverage: Up to 400:1
• Spreads: From 0.5 pips
• Minimum Deposit: $1000
• Maximum Open Position: 250 lots
• Stop Out Level: 50%

Additionally, a 100% risk-free demo account is available for practice.

Rakuten Securities Broker Account Opening Process

Opening an account with Rakuten Securities involves the following steps:

• Visit the Website: Navigate to the Rakuten Securities website and click on the "Start Trading" button.
• Registration Form: Fill out the online registration form with your personal details, including name, date of birth, email, and mobile number.
• Address Details: Provide your address and postal code.
• Employment Information: Enter your employment status and financial details, along with a brief trading experience questionnaire.
• Choose Account Type: Select the type of account you wish to open (e.g., Retail, Pro 1, Pro 2, or Pro VIP).
• Upload Documentation: Upload identification documents such as a passport or drivers license, and proof of address (dated within the last 6 months).
• Submit Application: Review your information and submit your application.

The account activation process typically takes around 24 hours.

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