Compare Oanda vs Rakuten Securities

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

Oanda vs Rakuten Securities
open account	Visit broker 74-89% of retail CFD accounts lose money	Visit broker 74-89% of retail CFD accounts lose money
overall rating	4.6	4.0
overall pros	Great trading platforms Outstanding research tools Fast and user-friendly account opening	No inactivity fee Easy and fast account opening Good mobile trading platform
overall cons	Only FX and CFD available No stock exchange listing and banking background Customer support is not 24/7	Limited product portfolio Missing web trading platform Poor customer service
fees	4.1 Low forex fees First credit/debit card withdrawal per month is free Average CFD fees	4.5 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	5.0 Fast Fully digital Low minimum deposit
deposit and withdrawal	4.2 Credit/Debit card available Free withdrawal No deposit fee High withdrawal fee for bank transfers and PayPal	3.1 No deposit fee User-friendly Credit/Debit card not available High withdrawal fee Slow withdrawal - over 3 days
web trading platform	4.5 User-friendly Clear fee report Two-step (safer) login No price alerts
mobile trading platform	5.0 User-friendly Two-step (safer) login Good search function No Touch/Face ID 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	4.5 User-friendly Clear fee report Good customizability (for charts, workspace) No price alerts	3.4 Clear fee report Good customizability (for charts, workspace) Price alerts No two-step (safer) login Poor design
markets and products	1.6 Forex CFD	1.2 Forex CFD
research	4.5 Good interactive chart Data on asset fundamentals Quality news flow Great API No trading ideas Research tools are poorly organized	1.8 Trading ideas No fundamental data available No/poor quality news flow
customer service	4.5 Phone support Live chat Fast response time No 24/7 support	0.5 No 24/7 support Slow support Irrelevant answers
education	4.5 Demo account Trading platform tutorial Educational videos Materials are not well-organized	2.0 Demo account Qualitiy educational texts No trading platform tutorial videos No educational videos
safety	Majority of clients belong to a top-tier financial authority Negative balance protection Financial information is publicly available Does not hold a banking license Not listed on stock exchange	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 traders who value a user-friendly platform and great research tools	Forex traders looking for low fees and for those who prefer the MetaTrader 4 trading platform

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