Compare E*TRADE vs Rakuten Securities


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

E*TRADE vs Rakuten Securities
overall rating
4.8
3.6
overall pros
  • Low trading fees (free stock and ETF trading)
  • User-friendly mobile trading platform
  • Great research tools
  • Low fees
  • Easy and fast account opening
  • Good mobile trading platform
overall cons
  • Only US markets, no forex
  • Only bank transfer
  • Slow customer support
  • Limited product portfolio
  • Missing web trading platform
  • Poor customer service
fees
4.4
  • Low non-trading fees
  • Free stock and ETF trading
  • Some mutual funds and bonds are free
  • Higher fees for non-free mutual funds
4.0
  • Low trading fees
  • Low forex fees
  • No inactivity fee
  • High withdrawal fee for international bank transfers and electronic wallets
account opening
4.4
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Slow
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
2.2
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High fee for wire transfer withdrawal
3.1
  • 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
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
3.8
  • 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
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
3.0
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
1.2
  • Forex
  • CFD
research
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
1.5
  • Trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
3.6
  • Phone support
  • Live chat
  • Relevant answers
  • Extremely slow live chat and phone
0.5
  • No 24/7 support
  • Slow support
  • Irrelevant answers
education
3.5
  • Trading platform tutorial
  • Educational videos
  • Good production quality
  • No demo account
1.5
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No 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 Investors and traders looking for solid research and a great mobile trading platform Forex traders looking for low fees and for those who prefer the MetaTrader 4 trading platform
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