Compare City Index vs Rakuten Securities


Online brokers compared for fees, trading platforms, safety and more. See how City Index stacks up against Rakuten Securities!

City Index vs Rakuten Securities
overall rating
4.6
3.6
overall pros
  • Low fees for forex and index CFDs
  • Fast and smooth account opening
  • Diverse research tools
  • Low fees
  • Easy and fast account opening
  • Good mobile trading platform
overall cons
  • Limited product portfolio
  • High stock CFD fees
  • Not user-friendly desktop platform
  • Limited product portfolio
  • Missing web trading platform
  • Poor customer service
fees
4.0
  • Low forex fees
  • No withdrawal fee
  • Low stock index CFD fees
  • Inactivity fee
  • High stock CFD fee
4.0
  • Low trading fees
  • Low forex fees
  • No inactivity fee
  • High withdrawal fee for international bank transfers and electronic wallets
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.0
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Problem with credit card withdrawal
3.0
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee
  • Slow withdrawal - over 3 days
web trading platform
4.0
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
mobile trading platform
4.0
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No Touch/Face ID login
4.0
  • User-friendly
  • Good search function
  • Price alerts
  • Available in several languages
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • No two-step (safer) login
  • Poor design
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
2.0
  • Forex
  • CFD
  • Crypto
1.0
  • Forex
  • CFD
research
4.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • No fundamental data available
2.0
  • Trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
4.0
  • Phone support
  • Live chat
  • Great telephone support
  • No 24/7 support
  • Email response time is slow
1.0
  • No 24/7 support
  • Slow support
  • Irrelevant answers
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
2.0
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Parent company is listed on stock exchange
  • No investor protection
  • No negative balance protection
recommended for Forex and CFD traders looking for low forex fees and great research tools Forex traders looking for low fees and for those who prefer the MetaTrader 4 trading platform
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