OTSO Markets vs Rakuten Securities Australia

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, OTSO Markets currently holds a stronger overall rating (5) than Rakuten Securities Australia (2). OTSO Markets has a lower minimum deposit, at 20.0. Both platforms offer their clients bonuses, demo accounts. Traders should note that both companies offer the same minimum lot size 0.01, but OTSO Markets has a maximum lot size of 50.0, while Rakuten Securities Australia offers 100.0. OTSO Markets offers a greater leverage limit of 1:1000, whereas Rakuten Securities Australia allows a maximum of only 1:400.
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.
Overall Rating: Platform: Pricing: Customer service: Features:
5/5 (1 ulasan)
5/5
5/5
5/5
5/5
2/5 (1 ulasan)
2.1/5
2.1/5
2.1/5
1.8/5
Minimum deposit ($) 20.0 50.0
Commission - 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
Kontes
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 50.0 100.0
Spread Variable Fixed
Broker type ECN ECN, Market Maker
Maximal leverage (1:?) 1000 400
Availability ECN ECN, Market Maker
Regulation FSCA (South Africa) ASIC (Australia)
Trading Platforms MetaTrader 4 (MT4) MetaTrader 4 (MT4)
Funding/Withdrawal methods Wire Transfer, Crypto Wire Transfer, Neteller, Skrill, BPay, Internal transfer, Local Deposits
Account Currency USD, THB, VND, USDT USD, GBP, EUR, AUD
Languages English, Chinese, Indonesian, Thai, Vietnamese English, Japanese, Mandarin, Chinese, Korean, Romanian
Country South Africa Australia
Trading platform(s) timezone South Africa Hong Kong, Japan, Malaysia
Other trading instruments - Commodities, CFDs
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

Other Relevant Comparisons