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Rakuten Securities Australia vs Afterprime
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Rakuten Securities Australia currently holds a lower overall rating (2) compared to Afterprime (4.4).
Rakuten Securities Australia has a higher minimum deposit than Afterprime, at 50.0.
Both platforms offer their clients demo accounts, mobile trading, scalping.
Traders should note that
both companies offer the same minimum lot size 0.01, but Rakuten Securities Australia has a maximum lot size of 100.0, while Afterprime offers 1000.0.
Rakuten Securities Australia offers a greater leverage limit of 1:400, whereas Afterprime allows a maximum of only 1:200.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 50.0 | 1.0 |
| Commission | 0.0 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 100.0 | 1000.0 |
| Spread | Fixed | Variable |
| Broker type | ECN, Market Maker | STP, ECN, NDD, Prime of Prime |
| Maximal leverage (1:?) | 400 | 200 |
| Availability | ECN, Market Maker | STP, ECN, NDD, Prime of Prime |
| Regulation | ASIC (Australia) | FSA (Seychelles), CySEC (Cyprus) |
| Trading Platforms | MetaTrader 4 (MT4) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform, TradingView, TraderEvolution |
| Funding/Withdrawal methods | Wire Transfer, Neteller, Skrill, BPay, Internal transfer, Local Deposits | Wire Transfer, Credit Card, Debit Card, Perfect Money, Neteller, Skrill, FasaPay, Internal transfer, Local Deposits, Boleto, Multiple local methods, Bitpay, SEPA, Crypto, Absa , Dragonpay, Pagsmile, finrax, LetKnowPay, USDT, Visa, Mastercard |
| Account Currency | USD, GBP, EUR, AUD | USD, GBP, EUR, JPY, CAD, SGD, AUD |
| Languages | English, Japanese, Mandarin, Chinese, Korean, Romanian | English |
| Country | Australia | Seychelles |
| Trading platform(s) timezone | Hong Kong, Japan, Malaysia | Seychelles |
| Other trading instruments | Commodities, CFDs | Stocks, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals, Bonds, Share CFDs, CFDs on Indices, Crypto Synthetics |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
