Compare Rakuten Securities vs Tradestation


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

Rakuten Securities vs Tradestation
overall rating
3.6
4.7
overall pros
  • Low fees
  • Easy and fast account opening
  • Good mobile trading platform
  • Great web and mobile trading platform
  • Low stock and ETF fees
  • High-quality educational tools
overall cons
  • Limited product portfolio
  • Missing web trading platform
  • Poor customer service
  • Not user-friendly deposit and withdrawal
  • No forex trading
  • Poor customer service
fees
4.0
  • Low trading fees
  • Low forex fees
  • No inactivity fee
  • High withdrawal fee for international bank transfers and electronic wallets
4.0
  • Low trading fees
  • Low stock and ETF fees
  • Multiple fee structures to choose from
  • High non-trading fees
  • Withdrawal fee
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
5.0
  • Fast
  • Fully digital
  • User-friendly
  • $500 minimum deposit
  • Multiple base currencies only for futures accounts
deposit and withdrawal
3.0
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee
  • Slow withdrawal - over 3 days
2.0
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
  • High withdrawal fee
  • Slow withdrawal - over 3 days
web trading platform
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • No price alerts
mobile trading platform
4.0
  • 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 variety of order types
  • Limited search functions
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Poor design
markets and products
1.0
  • Forex
  • CFD
2.0
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
research
2.0
  • Trading ideas
  • No fundamental data available
  • No/poor quality news flow
4.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Many add-on research tools are not free
customer service
1.0
  • No 24/7 support
  • Slow support
  • Irrelevant answers
2.0
  • Phone support
  • Fast response time
  • No 24/7 support
  • Live chat doesn't work
education
2.0
  • 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
  • Parent company listed on stock exchange
  • No negative balance protection
  • Does not hold a banking license
recommended for Forex traders looking for low fees and for those who prefer the MetaTrader 4 trading platform Traders focusing on US markets and buy-and-hold investing
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