Firstrade
Rakuten Securities
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Firstrade
Capital at risk · T&Cs apply
In this comparison of Firstrade and Rakuten Securities, the key difference lies in their market offerings and regional focus. Firstrade, based in New York, appeals to international traders who prioritise zero commissions on stocks, ETFs, and options with no minimum deposit requirement. However, it offers a limited product range, as it does not cover forex or CFDs. Conversely, Rakuten Securities caters to traders interested in a broader market selection, including crypto and forex, and is particularly appealing to those integrated into the Japanese financial ecosystem, although it primarily caters to Japanese-speaking clients.
Firstrade
Rakuten Securities
| Firstrade | Rakuten Securities | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 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 |
Firstrade (3.4/5) and Rakuten Securities (3.4/5) are closely matched. Firstrade has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowFirstrade
WinnerRakuten Securities
Firstrade
Rakuten Securities
Firstrade
3.4/5
Choose Firstrade if you want…
Rakuten Securities
3.4/5
Choose Rakuten Securities if you want…
Firstrade (3.4/5) and Rakuten Securities (3.4/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
Firstrade offers spreads from 0 pips, while Rakuten Securities starts at 0 pips. Check the fees section above for a full breakdown.
Firstrade requires a minimum deposit of $0. Rakuten Securities requires $0.
Firstrade is regulated by SEC, CFTC, while Rakuten Securities holds licences from FSA.
Firstrade 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.