Compare Passfolio vs Rakuten Securities


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

Passfolio vs Rakuten Securities
overall rating
4.1
3.6
overall pros
  • Free US stock and ETF trading
  • Great mobile platform
  • Fast and fully digital account opening
  • No inactivity fee
  • Easy and fast account opening
  • Good mobile trading platform
overall cons
  • Limited product portfolio focusing on US markets
  • Deposit is not user-friendly
  • Missing web and desktop platforms
  • Limited product portfolio
  • Missing web trading platform
  • Poor customer service
fees
5.0
  • Free stock and ETF trading for products priced above $5
  • No account opening and maintenance fees
3.7
  • Low forex fees
  • No inactivity fee
  • High withdrawal fee for international bank transfers and electronic wallets
account opening
5.0
  • Fully digital
  • No minimum deposit
  • Verification in 15 minutes
  • Verification can be buggy on desktop
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
1.5
  • No deposit fee
  • Credit/Debit card not available
  • Only one account base currency
  • Not user-friendly
3.1
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee
  • Slow withdrawal - over 3 days
web trading platform
mobile trading platform
4.2
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • Limited order types
  • No price alerts
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
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
2.0
  • Stock
  • ETF
  • Crypto
1.2
  • Forex
  • CFD
research
1.5
  • User-friendly
  • Limited interactive charting
  • No trading ideas
  • No fundamental data available
1.8
  • Trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
3.5
  • Relevant answers
  • Fast email support
  • No 24/7 support
  • Couldn't reach phone support on multiple occasions
0.5
  • No 24/7 support
  • Slow support
  • Irrelevant answers
education
2.5
  • Quality educational texts
  • No demo account
  • No trading platform tutorial videos
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
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • 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 Beginners and long-term investors focusing on the US stock market Forex traders looking for low fees and for those who prefer the MetaTrader 4 trading platform
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