Tier1FX vs Rakuten Securities Australia

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, Tier1FX currently holds a stronger overall rating (3.7) than Rakuten Securities Australia (2). Tier1FX has a higher minimum deposit than Rakuten Securities Australia, at 500.0. Both platforms offer their clients demo konti, mobile trading, scalping. Traders should note that both companies offer the same minimum lot size 0.01, but Tier1FX has a maximum lot size of 50.0, while Rakuten Securities Australia offers 100.0. Tier1FX 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:
3.7/5 (1 atsauksmes)
5/5
3/5
4/5
3/5
2.1/5
2.1/5
2.1/5
1.8/5
Minimum deposit ($) 500.0 50.0
Commission 5.0 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 50.0 100.0
Spread - Fixed
Broker type STP, ECN, DMA ECN, Market Maker
Maximal leverage (1:?) 30 400
Availability STP, ECN, DMA ECN, Market Maker
Regulation MFSA (Malta) ASIC (Australia)
Trading Platforms MetaTrader 4 (MT4), JForex, Fortex 6 MetaTrader 4 (MT4)
Funding/Withdrawal methods Wire Transfer, Neteller Wire Transfer, Neteller, Skrill, BPay, Internal transfer, Local Deposits
Account Currency USD, GBP, EUR USD, GBP, EUR, AUD
Languages English, Spanish, Italian, Chinese, Croatian English, Japanese, Mandarin, Chinese, Korean, Romanian
Country Malta Australia
Trading platform(s) timezone Malta Hong Kong, Japan, Malaysia
Other trading instruments Commodities, Energies, CFDs Commodities, CFDs
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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