Compare Rakuten Securities vs Robinhood


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

Rakuten Securities vs Robinhood
overall rating
3.6
4.6
overall pros
  • Low fees
  • Easy and fast account opening
  • Good mobile trading platform
  • Free US stock and ETF trading
  • Great mobile and web trading platforms
  • Fast and fully digital account opening
overall cons
  • Limited product portfolio
  • Missing web trading platform
  • Poor customer service
  • Limited product range
  • Weak customer support
  • Few educational materials
fees
4.0
  • Low trading fees
  • Low forex fees
  • No inactivity fee
  • High withdrawal fee for international bank transfers and electronic wallets
4.7
  • Commission-free US stock and ETF trading
  • No fee for deposit or withdrawal
  • Transparent fee structure
  • High margin rate
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Available only for US clients
deposit and withdrawal
3.1
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee
  • Slow withdrawal - over 3 days
2.8
  • Free withdrawal
  • No deposit fee
  • Cash management service
  • Credit/Debit card not available
  • Depositing larger amounts on Robinhood Gold takes longer
  • Wire withdrawal is pricey
web trading platform
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
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
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
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
1.2
  • Forex
  • CFD
2.4
  • Stock
  • ETF
  • Options
  • Crypto
research
1.5
  • Trading ideas
  • No fundamental data available
  • No/poor quality news flow
3.6
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
customer service
0.5
  • No 24/7 support
  • Slow support
  • Irrelevant answers
1.5
  • Fast response time
  • Relevant answers
  • No phone support
  • No live chat
  • No 24/7 support
education
1.5
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
1.5
  • Quality educational texts
  • No demo account
  • No trading platform tutorial videos
  • No educational videos
  • 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
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Forex traders looking for low fees and for those who prefer the MetaTrader 4 trading platform Beginners and buy-and-hold investors focusing on the US stock market
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