Compare Rakuten Securities vs TMGM


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

Rakuten Securities vs TMGM
overall rating
4.0
4.4
overall pros
  • No inactivity fee
  • Easy and fast account opening
  • Good mobile trading platform
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
overall cons
  • Limited product portfolio
  • Missing web trading platform
  • Poor customer service
  • Slim product portfolio
  • Limited research and educational tools
  • No negative balance protection
fees
4.5
  • Low forex fees
  • No inactivity fee
  • High withdrawal fee for international bank transfers and electronic wallets
4.6
  • Low forex fees
  • No withdrawal fee
  • No inactivity fee
  • Inactivity fee
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
3.1
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee
  • Slow withdrawal - over 3 days
4.3
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Minor currencies not accepted
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
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
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.2
  • Forex
  • CFD
1.9
  • Forex
  • CFD
  • Crypto
research
1.8
  • Trading ideas
  • No fundamental data available
  • No/poor quality news flow
4.0
  • Trading ideas
  • User-friendly
  • Good set of analytical tools
  • Good economic calendar
customer service
0.5
  • No 24/7 support
  • Slow support
  • Irrelevant answers
4.5
  • Live chat
  • Fast response time
  • Relevant answers
  • No 24/7 support
  • Phone support problematic
education
2.0
  • Demo account
  • Qualitiy educational texts
  • No trading platform tutorial videos
  • No educational videos
2.0
  • Demo account
  • Quality educational texts in its blog
  • No trading platform tutorial videos
  • No educational videos
  • No webinars
  • 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
  • Regulated by the top-tier ASIC
  • Not listed on stock exchange
  • No investor protection by regulators
recommended for Forex traders looking for low fees and for those who prefer the MetaTrader 4 trading platform Forex traders who prefer the MetaTrader platform
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