Rakuten Securities Australia vs Midas Markets

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 Midas Markets (5). Rakuten Securities Australia has a lower minimum deposit, at 50.0. Both platforms offer their clients bonuses, demo konti, mobile trading. 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 Midas Markets offers 20.0. Rakuten Securities Australia offers a lower maximum leverage of 1:400, whereas Midas Markets allows trading with up to 1:1000.
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
5/5
5/5
5/5
5/5
Minimum deposit ($) 50.0 100.0
Commission 0.0 3.0
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 100.0 20.0
Spread Fixed Fixed, Variable
Broker type ECN, Market Maker Market Maker
Maximal leverage (1:?) 400 1000
Availability ECN, Market Maker Market Maker
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, Debit Card, USDT
Account Currency USD, GBP, EUR, AUD USD, AUD, CNY, USDT
Languages English, Japanese, Mandarin, Chinese, Korean, Romanian English, Chinese, Thai, Vietnamese
Country Australia Vanuatu
Trading platform(s) timezone Hong Kong, Japan, Malaysia Australia, Hong Kong, Vanuatu, Thailand
Other trading instruments Commodities, CFDs -
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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