Rakuten Securities Australia vs Olymp Trade

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 Olymp Trade (4.7). Rakuten Securities Australia has a higher minimum deposit than Olymp Trade, at 50.0. Both platforms offer their clients bonuses, demo konti, 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 Olymp Trade offers 20.0. Each broker offers an equal maximum leverage of 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:
2.1/5
2.1/5
2.1/5
1.8/5
4.6/5
4.6/5
4.7/5
4.8/5
Minimum deposit ($) 50.0 10.0
Commission 0.0 1.1
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 0.01 0.01
Maximum lot size 100.0 20.0
Spread Fixed Variable
Broker type ECN, Market Maker ECN
Maximal leverage (1:?) 400 400
Availability ECN, Market Maker ECN
Regulation ASIC (Australia) -
Trading Platforms MetaTrader 4 (MT4) MetaTrader 4 (MT4), Web Platform, Mobile Platform, MT4 (via bridge)
Funding/Withdrawal methods Wire Transfer, Neteller, Skrill, BPay, Internal transfer, Local Deposits Credit Card, Debit Card, WebMoney, Neteller, Skrill, FasaPay, Bitcoin, Boleto
Account Currency USD, GBP, EUR, AUD USD, EUR
Languages English, Japanese, Mandarin, Chinese, Korean, Romanian English, Spanish, Japanese, Russian, Indonesian, Malay, Thai, Arabic, Vietnamese, Korean, Malay
Country Australia Seychelles
Trading platform(s) timezone Hong Kong, Japan, Malaysia Seychelles
Other trading instruments Commodities, CFDs Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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