Rakuten Securities forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of 0, a liquidation rate of %, a spread cost of 0.00, etc
Software Index
Risk Control
The foreign exchange (Forex) market is the largest and most liquid financial market in the world, with a daily trading volume exceeding $6 trillion. Among the numerous brokers operating in this space, Rakuten Securities has established itself as a significant player, particularly in Asia. Founded in 1999 and regulated by multiple authorities, including ASIC and FSA, Rakuten Securities offers a range of trading services and products tailored to the needs of various traders.
This article aims to answer three core questions:
Founded | Regulatory Bodies | Headquarters | Minimum Deposit | Leverage Ratio | Average Spread |
---|---|---|---|---|---|
1999 | ASIC, FSA, SFC | Tokyo, Japan | $50 | Up to 1:400 | 0.5 pips |
Rakuten Securities provides competitive trading conditions that appeal to both novice and experienced traders. The minimum deposit requirement of just $50 makes it accessible for new traders looking to enter the Forex market. The leverage ratio of up to 1:400 is particularly attractive, allowing traders to maximize their potential returns, albeit with increased risk.
In terms of spreads, Rakuten Securities offers an average spread of 0.5 pips on major currency pairs, which is competitive compared to industry standards. This pricing structure, combined with the absence of commission fees, positions Rakuten favorably against other brokers that may charge higher fees or wider spreads, particularly during volatile market conditions.
Rakuten Securities supports multiple trading platforms, including the widely-used MetaTrader 4 (MT4) and its proprietary platform, Rakuten FX.
Currency Pair Category | Number Offered | Minimum Spread | Trading Hours | Commission Structure |
---|---|---|---|---|
Major Currency Pairs | 40+ | 0.5 pips | 24/5 | Included in spreads |
Minor Currency Pairs | 30+ | 1.0 pips | 24/5 | Included in spreads |
Exotic Currency Pairs | 15+ | 2.0 pips | 24/5 | Included in spreads |
The selection of over 40 major currency pairs provides a robust trading environment for Forex traders. The minimum spread of 0.5 pips on major pairs ensures that traders can enter and exit positions efficiently. Execution speed is generally favorable, with reports indicating minimal slippage during normal trading hours, which is crucial for day traders and scalpers.
Client Safety Measures: Rakuten Securities employs stringent measures to protect client funds, including segregated accounts and participation in compensation schemes. This ensures that client funds are kept separate from the broker's operating capital, providing an additional layer of security in case of insolvency.
Customer satisfaction ratings indicate a generally positive experience, with many users appreciating the platform's usability and customer service. However, some users have expressed concerns over the withdrawal process, particularly regarding fees and processing times.
A suitable trading strategy for Rakuten Securities could involve using the MT4 platform for technical analysis and automated trading. Traders can set up Expert Advisors (EAs) to execute trades based on predefined criteria, allowing for a more systematic approach to trading.
In conclusion, Rakuten Securities is a reputable Forex broker that offers competitive trading conditions, a user-friendly platform, and strong regulatory oversight. With its low minimum deposit and attractive leverage options, it is well-suited for both new and experienced traders. However, potential clients should be aware of the withdrawal fees and the need for more educational resources.
Ideal Trader Profile: Rakuten Securities is an excellent choice for beginner to intermediate traders seeking a reliable and cost-effective trading environment.
1. Is Rakuten Securities regulated?
Yes, Rakuten Securities is regulated by several authorities, including ASIC and FSA, ensuring a high level of client protection.
2. What is the minimum deposit required to start trading?
The minimum deposit to open an account with Rakuten Securities is $50.
3. What trading platforms does Rakuten Securities offer?
Rakuten Securities offers MetaTrader 4 (MT4) and its proprietary platform, Rakuten FX, providing flexibility for different trading styles.
Risk Warning: Trading in Forex and CFDs involves significant risk and can result in the loss of your invested capital. Always ensure you understand the risks involved and seek independent advice if necessary.