FXCM vs Rakuten Securities Australia

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, FXCM currently holds a stronger overall rating (3.3) than Rakuten Securities Australia (2). FXCM has a higher minimum deposit than Rakuten Securities Australia, at 300.0. Both platforms offer their clients demo konti, mobile trading, scalping. Traders should note that FXCM offers a minimum lot size of 1000.0 and a maximum lot size of 100000.0, while Rakuten Securities Australia offers 0.01 and 100.0. FXCM offers a lower maximum leverage of 1:30, whereas Rakuten Securities Australia allows trading with up to 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: Platforma: Cenu: Klientu serviss: Funkcijas:
3.5/5
3.1/5
3.4/5
3.3/5
2.1/5
2.1/5
2.1/5
1.8/5
Minimum deposit ($) 300.0 50.0
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 konti
Web based trading
Konkursi
Decimals 5 5
Minimum lot size 1000.0 0.01
Maximum lot size 100000.0 100.0
Spread Variable Fixed
Broker type Dealing Desk, Market Maker ECN, Market Maker
Maximal leverage (1:?) 30 400
Availability Dealing Desk, Market Maker ECN, Market Maker
Regulation FCA (UK), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa) ASIC (Australia)
Trading Platforms MetaTrader 4 (MT4), FX Trading Station, Web Platform, Mobile Platform MetaTrader 4 (MT4)
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Neteller, Skrill Wire Transfer, Neteller, Skrill, BPay, Internal transfer, Local Deposits
Account Currency USD, GBP, EUR USD, GBP, EUR, AUD
Languages English, Spanish, French, German, Italian, Greek, Hebrew, Chinese, Indonesian, Malay, Thai, Arabic, Vietnamese English, Japanese, Mandarin, Chinese, Korean, Romanian
Country United Kingdom Australia
Trading platform(s) timezone Australia, Germany, Greece, Hong Kong, South Africa, United Kingdom, United States Hong Kong, Japan, Malaysia
Other trading instruments Stocks, Indices, Commodities, Spread Betting, CFDs, Cryptocurrency Commodities, CFDs
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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