CMC Markets
Rakuten Securities
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex and CFD traders looking for an advanced trading platform with many research tools
Recommended for Forex traders looking for low fees and those who prefer the MetaTrader 4 trading platform
UK
Japan
Fees
Low forex fees, average CFD and non-trading fees
Low trading fees, average non-trading fees, low forex and CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
10
4
Deposit type
Withdrawal type
Account opening
$0
$50
1-3 days
1 day
Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Mid-range
Customer service
Security
£85,000 for clients under FCA, $1,000,000 under IIROC, no protection under other regulators
No protection
1989
1999
UK, Australia, Canada, New Zealand, Singapore, Germany
Australia
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
CMC Markets's service is on par with Rakuten Securities's and a comparison of their fees shows that CMC Markets's fees are similar to Rakuten Securities's.
Account opening takes somewhat more effort at CMC Markets compared to Rakuten Securities, deposit and withdrawal processes are somewhat easier at CMC Markets, while customer service quality is somewhat better than Rakuten Securities's.
Our experts rated the trading platform of CMC Markets as somewhat better than the platform of Rakuten Securities, found that clients have access to more markets and products with CMC Markets, while Rakuten Securities provides much less useful research and education.
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