Rakuten Securities Broker Review and Opinions

Rakuten Securities is one of the world’s largest forex brokers, serving 2.6 million clients from Japan. With this scale comes with a global reach that rivals even the biggest global forex brokerage firms.

Its website is well-designed and provides all pertinent information for traders. Furthermore, the broker provides demo accounts so traders can practice trading without risking money.

Opinions

Rakuten Securities is a Japan-based firm that processes significant trading volume around the world. Furthermore, it’s publicly traded on the Tokyo Stock Exchange, lending it immense credibility and trustworthiness in the eyes of investors and traders alike.

Their website is secured with 128-bit secure socket layer (SSL) encryption provided by digicert sha 2 secure server ca, guarding against internet hackers and cyber thieves accessing client confidential information. Furthermore, they provide various banking options like e-wallets, bank transfer, and credit card deposits.

Rakuten Securities’ website is available in eleven languages and provides a wealth of trading tools and features. Furthermore, copy trading allows traders to mimic the strategies of successful traders on the platform.

Rakuten Securities is a market maker broker, meaning it acts as its own liquidity provider and does not provide trading recommendations or legal advice. All orders on the market are executed within milliseconds, with its commercial executing servers located in Australia and Tokyo.

Benefits

Rakuten Securities is a broker that offers several services, such as CFD trading. Additionally, they boast an array of trading platforms and tools for their customers to utilize.

The website is user-friendly and provides comprehensive information on the company’s products and services. Furthermore, its customer support team is readily available to answer queries and offer assistance whenever needed.

Furthermore, they provide a wealth of tools and educational materials to aid you in trading successfully. You can even open a demo account to practice your trading techniques.

Rakuten Securities is a renowned online brokerage firm in Japan, renowned for their cutting-edge trading platforms. With over two decades of experience under their belt, the firm continues to expand services and make new investments.

Deposit and withdrawal

Rakuten Securities provides a range of deposit and withdrawal methods, such as bank transfers, credit cards, and electronic wallets. Most often these services provide competitive currency conversion rates which can help save you money on fees and charges.

Funds depositing through a broker is fast and effortless. You can sign up for an account in just minutes, with approval typically occurring within one business day.

Funds can be deposited and withdrawn through bank wire, cards, or digital wallets such as Neteller, Skrill or China UnionPay. Please be aware that international transfer fees may apply; consult your Rakuten entity for details on funding methods available to you.

Rakuten Securities’ trading platform is ideal for those wanting to learn how to trade forex or CFDs. It provides numerous educational resources such as articles and webinars, plus it offers a demo account for beginners.

Trading platform

Rakuten Securities provides a trading platform that’s accessible on both mobile and desktop devices. With its user-friendly interface, this makes Rakuten Securities ideal even for novice traders.

The site is safeguarded with 128-bit SSL (secure socket layer) encryption, which deters cyber thieves and internet hackers. Furthermore, sensitive data is encrypted before being sent over the internet for storage.

Furthermore, the website offers an array of educational materials for both novice and experienced traders alike. This includes powerful technical analysis support, course coverage on important topics through Education courses, regular Webinars, and videos in multiple languages.

The broker also provides real-time account reports and trade copy notices to clients. However, in order to utilize these services they must submit their personal information along with proof of identity.

Pros and cons

Rakuten Securities broker reviews and opinions indicate the company is a trustworthy broker with a range of trading tools. Furthermore, it boasts an impressive corporate history and is regulated by ASIC (Australian Securities and Investments Commission).

Rakuten is an Australian forex broker that offers customers a selection of account options and competitive spread rates on spreads. Additionally, they provide customers with access to various instruments like stock index CFDs and forex trading.

The broker is a member of both Australia’s Securities and Investments Commission (ASIC) and Hong Kong Financial Services Authority (FSA). These agencies oversee all operations to protect clients from unscrupulous practices or fraudulence.

Rakuten is one of the world’s premier financial services firms, boasting branches around the world and an impressive trading volume on a global basis. Furthermore, it holds a public stock exchange listing on Tokyo Stock Exchange that gives it added legitimacy and increased exposure.

Account opening and login

Rakuten Securities provides a wide selection of accounts, such as forex and CFDs. Plus, they have a demo account that enables traders to hone their trading skills without risking actual funds.

To open an account, you’ll need to complete a form and upload your financial documents. Afterwards, we’ll ask you about your trading experience and let you select which asset class you wish to trade.

Once you’ve completed this process, Rakuten Securities will verify your application and open an account for you. Please note that verification can take up to one day depending on where you reside in the world.

Rakuten Securities is a renowned forex broker that provides commission-free trading and tight spreads from 0.8 pips. They have various accounts available, including three tiers for professional traders. Furthermore, Rakuten Securities provides a trading guide and negative balance protection.

Education

Rakuten Securities provides comprehensive education and training tools to help you become an expert trader, including articles, webinars, and a demo account.

Furthermore, the broker offers an informative blog that covers forex basics, fundamental analysis and trading psychology. This knowledge is beneficial for both novice and experienced investors alike.

Rakuten Securities’ customer service is a strong point, offering answers via email and live chat. Unfortunately, phone support is slow and unsatisfactory.

Rakuten Securities is also regulated by the Australian Securities and Investments Commission (ASIC), guaranteeing high standards of client safety and protection. This includes limitations on leverage as well as negative balance protection for retail investors.

Customer service

Rakuten Securities is a premier online broker that offers trading and investing solutions to customers worldwide. Its trading platforms are secured with SSL technology, designed to safeguard customer information from hackers and cybercriminals.

Rakuten offers an easy account opening process and numerous deposit and withdrawal options. The minimum deposit requirement of $50 allows traders of all levels to open accounts with the company.

Furthermore, the company is dedicated to making financial products and services readily accessible based on customer needs. This makes it easier for investors to compare and select investment products quickly without feeling overwhelmed.

Rakuten Securities’ customers are increasingly turning to asset building. As of September 2021, 1.88 million individuals had made regular monthly savings deposits for investment trusts totaling 70 billion yen, an almost 20-fold increase from September 2017.

Demo account

Rakuten Securities provides a demo account to practice trading online before you make a real deposit. There are no minimum deposits or withdrawals, and the platform is user-friendly. Plus, you can utilize leverage – an innovative type of margin trading whereby your broker lends you money for trades.

Established in 1999, Rakuten Securities is a globally-focused broker that accepts traders from Australia, Thailand, Canada and beyond. Its MetaTrader 4 (MT4) trading platform is user-friendly with plenty of useful trading tools at its disposal.

Rakuten Securities has the backing of a top-tier regulatory organization, providing consumer protection. Furthermore, its parent company holds a banking license which makes trading with Rakuten Securities safer. Furthermore, Rakuten Securities is publicly listed on the Tokyo Stock Exchange, giving it added credibility as a brand.