Rakuten Securities Australia vs Garnet Trade

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, Rakuten Securities Australia currently holds a stronger overall rating (2) than Garnet Trade (0). Rakuten Securities Australia has a lower minimum deposit, at 50.0. Both platforms offer their clients bonuses, demo konti, mobile trading, scalping. Traders should note that both companies offer the same minimum (0.01) and maximum lot size (100.0). Rakuten Securities Australia offers a lower maximum leverage of 1:400, whereas Garnet Trade allows trading with up to 1:500.
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
0/5
0/5
0/5
0/5
Minimum deposit ($) 50.0 100.0
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 4
Minimum lot size 0.01 0.01
Maximum lot size 100.0 100.0
Spread Fixed Variable
Broker type ECN, Market Maker STP, ECN, NDD, DMA, Prime of Prime, Pro
Maximal leverage (1:?) 400 500
Availability ECN, Market Maker STP, ECN, NDD, DMA, Prime of Prime, Pro
Regulation ASIC (Australia) -
Trading Platforms MetaTrader 4 (MT4) MetaTrader 5 (MT5)
Funding/Withdrawal methods Wire Transfer, Neteller, Skrill, BPay, Internal transfer, Local Deposits Wire Transfer, Credit Card, Debit Card, Crypto, USDT, Visa, Mastercard, cryptoPay
Account Currency USD, GBP, EUR, AUD USD
Languages English, Japanese, Mandarin, Chinese, Korean, Romanian English, Spanish, French, German, Portuguese, Italian, Russian, Arabic, Farsi, Turkish, Persian
Country Australia Australia
Trading platform(s) timezone Hong Kong, Japan, Malaysia Canada, United Kingdom
Other trading instruments Commodities, CFDs Stocks, Options, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals, Share CFDs, Other, Forex, Cryptos*, CFDs on Indices, CFDs: Indices, Commodities, Energies, Equities
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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