Charles Schwab
Rakuten Securities
VS
Higher Rated
Charles Schwab
Capital at risk · T&Cs apply
In the "Charles Schwab vs Rakuten Securities" broker comparison, key differences emerge in their market focus and trader appeal. Charles Schwab, with its long-standing reputation and comprehensive financial services, primarily attracts US-based traders who value extensive research tools and zero-commission US stock trading. Conversely, Rakuten Securities, a major player in Japan, appeals to traders within its home market, offering integration with the Rakuten ecosystem and strong access to US stocks, albeit with a primary focus on Japanese language and services. Each broker caters to distinct trader needs, with Schwab appealing to those seeking robust educational resources and Rakuten appealing to those within its expansive local network.
Charles Schwab
Rakuten Securities
| Charles Schwab | Rakuten Securities | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2 | 1:3 ✓ |
| Regulation | SEC, CFTC ✓ | FSA |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MarketSpeed II |
Charles Schwab is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Charles Schwab offers lower spreads (0 pips).
See full side-by-side comparison belowCharles Schwab
WinnerRakuten Securities
Charles Schwab
Rakuten Securities
Charles Schwab
3.6/5
Choose Charles Schwab if you want…
Rakuten Securities
3.4/5
Choose Rakuten Securities if you want…
Charles Schwab scores higher overall on our independent rating system. Charles Schwab holds a 3.6/5 rating vs Rakuten Securities's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Charles Schwab offers spreads from 0 pips, while Rakuten Securities starts at 0 pips. Check the fees section above for a full breakdown.
Charles Schwab requires a minimum deposit of $0. Rakuten Securities requires $0.
Charles Schwab is regulated by SEC, CFTC, while Rakuten Securities holds licences from FSA.
Charles Schwab supports Proprietary Web, Proprietary Mobile. Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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