Basic data of broker
Recommended for Forex traders looking for low fees and those who prefer the MetaTrader 4 trading platform
Recommended for Forex traders who prefer the MetaTrader platform
Japan
Australia
Fees
Low trading fees, average non-trading fees, low forex and CFD fees
Low trading and non-trading 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
6
Deposit type
Withdrawal type
Account opening
$50
$100
1 day
1 day
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
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: 68% 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
No investor protection
No investor protection
No investor protection
1999
2013
Australia
Australia, Vanuatu, New Zealand
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 on par with TMGM's and a comparison of their fees shows that Rakuten Securities's fees are similar to TMGM's.
Account opening takes about the same effort at Rakuten Securities compared to TMGM, deposit and withdrawal processes are about the same quality at Rakuten Securities, while customer service quality is somewhat lower than TMGM's.
Our experts rated the trading platform of Rakuten Securities as being of the same quality as the platform of TMGM, found that clients have access to slightly less markets and products with Rakuten Securities, while TMGM provides better research and education.