Rakutenforex Forex Broker

Rakutenforex Broker - Complete Information Guide

1. Broker Overview

　　Rakuten Securities, established in 1999, is a prominent player in the online trading industry, primarily known for its forex and CFD services. The company's headquarters is located in Tokyo, Japan, while its Australian subsidiary, Rakuten Securities Australia Pty Ltd, operates from Level 11, 8 Spring Street, Sydney, NSW 2000, Australia. Rakuten Securities is a publicly traded company, listed on the Tokyo Stock Exchange, which enhances its credibility in the financial markets.

　　Since its inception, Rakuten Securities has expanded its reach significantly, servicing over 2.6 million clients globally. The firm primarily targets retail traders, providing them with access to a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies. It has established a strong presence in various markets, including Japan, Australia, Hong Kong, and Malaysia.

　　A key milestone in the company's history was its acquisition of FXCM Asia Limited in 2015, which allowed Rakuten to enhance its offerings and expand its market share. The broker operates under a market-making model, allowing it to provide competitive spreads and quick execution times. This unique structure positions Rakuten as a reliable choice for traders seeking efficient trading solutions.

　　In summary, the Rakutenforex broker is recognized for its robust trading infrastructure, competitive pricing, and a commitment to customer service, making it a noteworthy option for both novice and experienced traders.

2. Regulation and Compliance Information

　　Rakuten Securities operates under the supervision of several regulatory authorities, ensuring a high level of compliance and security for its clients. The primary regulatory bodies include:

• Australian Securities and Investments Commission (ASIC) - License No. 418036
• Financial Services Agency (FSA), Japan
• Securities and Futures Commission (SFC), Hong Kong

　　These regulators oversee the broker's operations, ensuring that it adheres to strict financial standards and practices. The regulations help protect client funds and maintain market integrity.

　　Rakuten Securities implements a segregated funds policy, meaning that client funds are held in separate accounts from the company's operational funds. This measure is crucial in the event of insolvency, ensuring that clients' investments are safeguarded. Additionally, the broker participates in investor compensation schemes, providing further protection for its clients.

　　To comply with international standards, Rakuten adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. These measures require the broker to verify the identity of its clients and monitor transactions for suspicious activities, thereby enhancing the security of the trading environment.

　　Overall, the robust regulatory framework surrounding the rakutenforex broker reinforces its reputation as a trustworthy and compliant trading partner.

3. Trading Products and Services

　　Rakuten Securities offers a diverse array of trading products, catering to various trading strategies and preferences. The primary offerings include:

• 　　Forex Trading: The broker provides access to over 40 currency pairs, including major, minor, and exotic pairs. The average spread for popular pairs such as EUR/USD starts at 0.5 pips, making it competitive in the forex market.

• 　　CFD Products: In addition to forex, Rakuten offers CFDs on indices, commodities, and cryptocurrencies. This includes popular indices like the S&P 500 and commodities such as gold and silver, allowing traders to diversify their portfolios.

• 　　Special Products: While the range of products is extensive, Rakuten does not currently offer stock CFDs or shares, which may limit some traders' options. However, the broker continuously updates its product offerings, and clients can expect new instruments to be added regularly.

• 　　Retail Trading Services: Rakuten focuses primarily on retail clients, providing them with user-friendly trading platforms, educational resources, and market analysis tools to enhance their trading experience.

• 　　Institutional Client Services: Although primarily focused on retail trading, Rakuten also offers services tailored to institutional clients, including liquidity solutions and tailored trading environments.

　　The rakutenforex broker thus provides a comprehensive suite of trading products that cater to a wide range of investor needs, making it an appealing choice for traders seeking variety and competitive conditions.

4. Trading Platforms and Technology

　　Rakuten Securities supports the widely acclaimed MetaTrader 4 (MT4) trading platform, which is favored for its robust features and user-friendly interface. The platform is available for desktop, web, and mobile devices, ensuring traders can access their accounts from anywhere.

• 　　MetaTrader 4: The MT4 platform provides advanced charting capabilities, technical analysis tools, and automated trading options through Expert Advisors (EAs). Traders can customize their trading environment to suit their strategies, making it ideal for both beginners and experienced traders.

• 　　Proprietary Trading Platform: In addition to MT4, Rakuten offers its proprietary trading platform, Rakuten FX, designed to provide seamless trading experiences. This platform includes features such as price alerts and real-time account reports.

• 　　Web-Based Trading: The web trading platform allows users to access their accounts without the need for downloads, providing flexibility and ease of use.

• 　　Mobile Applications: Rakuten's mobile trading applications are available for both iOS and Android devices, allowing traders to manage their accounts on the go. The mobile app retains most of the functionalities of the desktop version, enabling users to execute trades and monitor their portfolios seamlessly.

• 　　Execution Model: Rakuten operates as a market maker, which allows for quick order execution and fixed spreads. The execution servers are strategically located in Tokyo and Australia, ensuring low latency and high reliability.

• 　　API Access and Automation: The broker supports API access, enabling traders to integrate their trading strategies with automated systems, enhancing their trading efficiency.

　　The technological infrastructure of the rakutenforex broker is designed to provide a competitive edge, ensuring that traders have access to the tools and resources necessary for successful trading.

5. Account Types and Trading Conditions

　　Rakuten Securities offers a variety of account types tailored to different trading needs:

• 　　Standard Account: This account type requires a minimum deposit of $50 and offers competitive spreads starting from 0.5 pips. There are no commission fees, making it an attractive option for retail traders.

• 　　High Leverage Account: For traders seeking higher leverage, this account type allows leverage up to 1:400, although spreads may be slightly higher at around 0.8 pips. This account is ideal for experienced traders looking to maximize their trading potential.

• 　　Islamic Accounts: Rakuten provides swap-free accounts for Muslim traders, ensuring compliance with Sharia law.

• 　　Demo Account: A demo account is available for traders to practice their strategies without risking real capital. This account is funded with virtual currency and provides access to the same trading conditions as live accounts.

• 　　Leverage Options: Retail clients can access leverage of 1:30 for major currency pairs, while professional clients can benefit from leverage up to 1:400. This flexibility allows traders to choose the level of risk they are comfortable with.

• 　　Minimum Trade Size: The minimum trade size is set at 0.01 lots, enabling traders to start with small positions and gradually increase their trading volume.

• 　　Overnight Fees: Rakuten charges overnight financing fees for positions held beyond the trading day. The fee structure varies based on the instruments traded.

　　The rakutenforex broker provides a range of account types and trading conditions that cater to various trading styles, making it suitable for both novice and experienced traders.

6. Fund Management

　　Rakuten Securities supports multiple deposit and withdrawal methods, ensuring convenience for its clients:

• 　　Deposit Methods: Clients can fund their accounts using various methods, including bank transfers, credit/debit cards, and electronic wallets such as Neteller and Skrill. The minimum deposit requirement is $50, making it accessible for traders of all levels.

• 　　Deposit Processing Time: Deposits are typically processed instantly, especially for electronic wallet transactions, while bank transfers may take longer, depending on the bank's processing times.

• 　　Deposit Fees: Rakuten does not charge any fees for deposits made through domestic bank transfers. However, international transactions may incur fees depending on the payment provider.

• 　　Withdrawal Methods: Withdrawals can be made through the same methods as deposits, including bank wire transfers and e-wallets. The withdrawal process may take up to 2 business days, depending on the chosen method.

• 　　Withdrawal Fees: While there are no fees for bank wire withdrawals, e-wallet transactions may incur a 2% fee. It's essential for clients to check the specific fees associated with their chosen withdrawal method.

　　The rakutenforex broker ensures that fund management is straightforward and efficient, allowing traders to focus on their trading activities without unnecessary delays.

7. Customer Support and Educational Resources

　　Rakuten Securities prides itself on its customer support and educational offerings:

• 　　Support Channels: Clients can reach customer support through various channels, including phone, email, live chat, and social media platforms. The support team is available 24/5, providing assistance in multiple languages.

• 　　Service Hours and Coverage: Customer support operates during business hours in the Australian time zone, with dedicated teams available to address client inquiries promptly.

• 　　Multilingual Support: The broker offers support in several languages, including English, Japanese, and Chinese, ensuring that clients from diverse backgrounds can communicate effectively.

• 　　Educational Resources: Rakuten provides a range of educational materials, including articles, tutorials, and market analysis. These resources cover essential topics such as technical analysis, trading psychology, and risk management.

• 　　Market Analysis Services: Clients can subscribe to receive daily market reports, providing insights and analysis to help them make informed trading decisions.

• 　　Trading Tools: Rakuten offers various trading tools, including calculators and economic calendars, to assist traders in their decision-making processes.

　　The rakutenforex broker is committed to enhancing the trading experience through comprehensive customer support and valuable educational resources.

8. Regional Coverage and Restrictions

　　Rakuten Securities operates on a global scale, but there are specific regions where its services are not available:

• 　　Primary Service Markets: The broker primarily serves clients in Japan, Australia, Hong Kong, and Malaysia, leveraging its strong presence in these markets.

• 　　Regional Offices: Rakuten has established offices in key locations, including Tokyo and Sydney, to support its international operations.

• 　　Countries with Restrictions: Rakuten does not accept clients from certain countries, including the United States, Belgium, Iran, Israel, and Russia. These restrictions are in place due to regulatory compliance and legal considerations.

• 　　Special Limitations: Clients should be aware of the specific terms and conditions that apply to their region, as these may vary based on local regulations.

　　In conclusion, the rakutenforex broker has established itself as a reputable and reliable trading platform, offering a wide range of services and products to cater to various trading needs. With a strong regulatory framework, competitive trading conditions, and a commitment to customer support and education, Rakuten Securities remains a solid choice for traders worldwide.