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Rakuten Securities Australia vs Plexytrade
Both 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 Plexytrade (4.9).
Both brokers have the same minimum deposit of 50.0.
Both platforms offer their clients bonuses, 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 Plexytrade offers 50.0.
Rakuten Securities Australia offers a lower maximum leverage of 1:400, whereas Plexytrade allows trading with up to 1:2000.
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 | 50.0 |
| Commission | 0.0 | 2.0 |
| 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 | 4 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 100.0 | 50.0 |
| Spread | Fixed | Variable |
| Broker type | ECN, Market Maker | STP, ECN |
| Maximal leverage (1:?) | 400 | 2000 |
| Availability | ECN, Market Maker | STP, ECN |
| Regulation | ASIC (Australia) | - |
| Trading Platforms | MetaTrader 4 (MT4) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Neteller, Skrill, BPay, Internal transfer, Local Deposits | Crypto |
| Account Currency | USD, GBP, EUR, AUD | USD, EUR |
| Languages | English, Japanese, Mandarin, Chinese, Korean, Romanian | English, Spanish, Farsi |
| Country | Australia | Saint Lucia |
| Trading platform(s) timezone | Hong Kong, Japan, Malaysia | Montenegro |
| Other trading instruments | Commodities, CFDs | Stocks, Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals, Forex, CFDs on Indices, CFDs: Indices, Commodities, Energies |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
