Also known as Rakuten Securities Australia (RSA). Rakuten Securities has different legal entities in Japan, Hong Kong, Malaysia, and Australia.
In this review we focus on the broker in Australia.
Location: Suite 5, Level 9, 3 Spring Street, Sydney NSW 2000
Established in 1999
Regulation: SFC (Securities and Futures Commission)
Note: formally known as FXCM Asia Limited
No dealing desk: yes
Why Choose Rakuten Trade
Fixed Tight Spreads. No Commission.
$50 Minimum Deposit
Up to 400:1 leverage
Top Market Commentary
Our free, up-to-date educational content and market analysis pieces will assist both our new and professional traders to make their trading decisions and executions.
- Daily market updates and long-term analysis
- Educational content to assist new traders to the market
- Daily technical levels
- Live market updates via our Twitter Feed
Rakuten Securities Australia (RSA) is backed by the global expertise of Rakuten Securities, Inc. With its head office in Tokyo, Rakuten Securities, Inc. is the 4th largest FX broker in the world servicing over 2.2 million clients since 1999.
Regulated and Safe funds
We comply to ASIC regulations by holding our retail client funds in segregated bank accounts.
Trading Accounts
100:1
MAX FX LEVERAGE
Min. $50 Deposit
Min. 0.01 Lot Sizes
Fixed Institutional FX Spreads
40 Currency Pairs
Gold and Silver
Indices
No commission
400:1
MAX FX LEVERAGE
Min. $50 Deposit
Min. 0.01 Lot Sizes
Fixed Institutional FX Spreads
40 Currency Pairs
Gold and Silver
Indices
No commission
As a Rakuten Securities Australia client, you can fund your trading account with these currencies: AUD, USD, EUR and GBP.
Demo account: yes
Minimum trade size: 0.01 lots
Minimum deposit requirement: $50
Payment methods: NAB, Neteller, Skrill, UnionPay, Wire Transfer, BItcoin, Credit Cards
Maximum leverage: 1:400
Spreads: 0.7 pips
Trading Platforms
MetaTrader Platform
Rakuten Securities Australia runs its forex service on the MetaTrader platform. MetaTrader 4 (or commonly abbreviated to MT4), is a popular piece of software for trading forex and metals. Besides managing trades, it lets you analyse price with a slew of charts and technical analysis tools. With its highly customisable and modular approach, this our choice for dealing in forex.
COMPLEX TRADING
3 Execution Modes
2 Market Orders
4 Pending Orders
2 Stop Orders and a Trailing Stop
FLEXIBLE ANALYTICS
Interactive Charts
9 Timeframes
23 Analytical Objects
30 Technical Indicators
ALGORITHMIC TRADING
MQL4 Language
MetaEditor
Strategy Tester
Extensive Available Library
MOBILE TRADING
Support for Android
Support for iOS
Full Set of Trading Orders
Analysis and Technical Indicators
Choose from hundreds of different traders and systems to copy automatically.
Transparent performance history to ensure you make an informed decision.
Follow the simple process below to link your account to Myfxbook
My FX Book AutoTrade, the next generation trade copy service owned and operated by Myfxbook.
This service allows you to copy the trades of any system you select directly into your Rakuten Securities Australia MT4 account.
Copy Trading
AS Streaming trading function: yes
One click execution: yes
Real time reports: yes
Free seminars and webinars: yes
Commissions: for trading station account
Currency pairs: 40
Hedging: allowed
Customer support: phone, email, fax, chat (whatsapp)
How was the rating of Rakuten performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Rakuten FX broker performance and features.
Overall our online Rakuten review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Rakuten or you find inaccurate details Rakuten broker review please get in touch with us and the changes will be applied.
