Basic data of broker
Recommended for Forex traders looking for low fees and those who prefer the MetaTrader 4 trading platform
Recommended for Traders looking for low forex fees and preferring the MetaTrader platform
Japan
Australia
Fees
Low trading fees, average non-trading fees, low forex and CFD fees
Low forex, but high 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
4
19
Deposit type
Withdrawal type
Account opening
$50
$50
1 day
1 day
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: valid passport or government ID, AND a driving license Proof of residency: utility bills, bank or credit card statement, tenancy contract or a residency certificate
Trading platform
Markets and products
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.
Disclaimer: 86.67% 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.
Research, education
Mid-range
Mid-range
Customer service
Security
No investor protection
€20k to EU clients and $0 for others
No investor protection
€20k to EU clients and $0 for others
1999
2006
Australia
Australia, Cyprus, Lebanon, Saint Vincent and the Grenadines, Vanuatu
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.
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.
Rakuten Securities's service is slightly better than Royal's and a comparison of their fees shows that Rakuten Securities's fees are slightly lower than Royal's.
Account opening takes about the same effort at Rakuten Securities compared to Royal, deposit and withdrawal processes are about the same quality at Rakuten Securities, while customer service quality is somewhat better than Royal's.
Our experts rated the trading platform of Rakuten Securities as being of the same quality as the platform of Royal, found that clients have access to slightly less markets and products with Rakuten Securities, while Royal provides excellent research and education.