Compare Rakuten Securities vs Zacks Trade


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

Rakuten Securities vs Zacks Trade
overall rating
3.6
4.6
overall pros
  • Low fees
  • Easy and fast account opening
  • Good mobile trading platform
  • Low fees
  • Extensive stock and ETF selection
  • Great customer service
overall cons
  • Limited product portfolio
  • Missing web trading platform
  • Poor customer service
  • Complex desktop platform and research tools
  • Slow and complicated account opening
  • Limited educational tools
fees
3.7
  • Low trading fees
  • Low forex fees
  • No inactivity fee
  • High withdrawal fee for international bank transfers and electronic wallets
4.3
  • Low stock and ETF fees
  • No withdrawal fee
  • No inactivity fee
  • High fund fees
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
2.8
  • Fully digital
  • No minimum deposit
  • Slow
  • Not user-friendly
deposit and withdrawal
3.1
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee
  • Slow withdrawal - over 3 days
3.5
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
web trading platform
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • 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
3.5
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
  • Alerts only through chatbot
desktop trading platform
3.4
  • 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
  • Too complex for beginners
markets and products
1.2
  • Forex
  • CFD
3.8
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
1.8
  • Trading ideas
  • No fundamental data available
  • No/poor quality news flow
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
customer service
0.5
  • No 24/7 support
  • Slow support
  • Irrelevant answers
4.3
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
1.5
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
2.5
  • Demo account
  • Trading platform tutorial
  • No general education 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
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Forex traders looking for low fees and for those who prefer the MetaTrader 4 trading platform Traders and investors looking for comprehensive research tools, wide product selection, and low fees
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