Compare Rakuten Securities vs TD Ameritrade


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

Rakuten Securities vs TD Ameritrade
overall rating
3.6
4.9
overall pros
  • Low fees
  • Easy and fast account opening
  • Good mobile trading platform
  • Low trading fees (free stock and ETF trading)
  • Superb desktop trading platform
  • Great customer support
overall cons
  • Limited product portfolio
  • Missing web trading platform
  • Poor customer service
  • You can trade only on US markets
  • Accounts mostly limited to US residents
  • No credit/debit cards and electronic wallets for money transfer
fees
4.0
  • Low trading fees
  • Low forex fees
  • No inactivity fee
  • High withdrawal fee for international bank transfers and electronic wallets
4.3
  • Low trading fees
  • Low non-trading fees
  • Free stocks and ETFs
  • High fund fees
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
3.0
  • Fully digital
  • No minimum deposit
  • Many account types
deposit and withdrawal
3.1
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee
  • Slow withdrawal - over 3 days
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High withdrawal fee for wire transfers
web trading platform
4.3
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
  • 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
4.8
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
4.5
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Trading support functions
  • Great learning materials
  • No two-step (safer) login
markets and products
1.2
  • Forex
  • CFD
3.9
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
research
1.5
  • Trading ideas
  • No fundamental data available
  • No/poor quality news flow
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
customer service
0.5
  • No 24/7 support
  • Slow support
  • Irrelevant answers
4.0
  • Phone support
  • Live chat
  • Fast response time
education
1.5
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
5.0
  • Demo account
  • Trading platform tutorial
  • 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
  • Banking background
  • No negative balance protection
recommended for Forex traders looking for low fees and for those who prefer the MetaTrader 4 trading platform Investors and traders looking for solid research and a well-equipped desktop trading platform
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