GDMFX vs Rakuten Securities Australia

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, GDMFX currently holds a stronger overall rating (2.5) than Rakuten Securities Australia (2). GDMFX has a higher minimum deposit than Rakuten Securities Australia, at 100.0. 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 GDMFX has a maximum lot size of 1000.0, while Rakuten Securities Australia offers 100.0. GDMFX offers a greater leverage limit of 1:500, 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: Platforma: Cenu: Klientu serviss: Funkcijas:
2.5/5
2.5/5
2.5/5
2.5/5
2.1/5
2.1/5
2.1/5
1.8/5
Minimum deposit ($) 100.0 50.0
Commission 7.0 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 0.01 0.01
Maximum lot size 1000.0 100.0
Spread Fixed, Variable Fixed
Broker type STP, ECN, Market Maker, NDD, DMA ECN, Market Maker
Maximal leverage (1:?) 500 400
Availability STP, ECN, Market Maker, NDD, DMA ECN, Market Maker
Regulation FSP (NZ) ASIC (Australia)
Trading Platforms MetaTrader 4 (MT4), Web Platform, Mobile Platform MetaTrader 4 (MT4)
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Perfect Money, Neteller, Skrill, Bitcoin Wire Transfer, Neteller, Skrill, BPay, Internal transfer, Local Deposits
Account Currency USD, GBP, EUR, JPY, AUD USD, GBP, EUR, AUD
Languages English, Mandarin, Chinese, Indonesian, Malay, Bulgarian English, Japanese, Mandarin, Chinese, Korean, Romanian
Country New Zealand Australia
Trading platform(s) timezone Australia, Bulgaria, China, Indonesia, India, Taiwan Hong Kong, Japan, Malaysia
Other trading instruments Indices, Commodities, Energies, CFDs Commodities, CFDs
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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