Firstrade
Rakuten Trade
VS
Higher Rated
Firstrade
Capital at risk · T&Cs apply
Compare Firstrade and Rakuten Trade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Firstrade
Rakuten Trade
| Firstrade | Rakuten Trade | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 2.9/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2 | 1:5 ✓ |
| Regulation | SEC, CFTC ✓ | SC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Firstrade is the better choice overall, scoring 3.4/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Firstrade offers lower spreads (0 pips).
See full side-by-side comparison belowFirstrade
WinnerRakuten Trade
Firstrade
Lower feesRakuten Trade
Firstrade scores 3.41/5 while Rakuten Trade scores 2.93/5 in our independent rating.
Firstrade edges ahead overall, but Rakuten Trade may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Firstrade
3.4/5
Choose Firstrade if you want…
Rakuten Trade
2.9/5
Choose Rakuten Trade if you want…
Firstrade scores higher overall on our independent rating system. Firstrade holds a 3.4/5 rating vs Rakuten Trade's 2.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Firstrade offers spreads from 0 pips, while Rakuten Trade starts at 0 pips. Check the fees section above for a full breakdown.
Firstrade requires a minimum deposit of $0. Rakuten Trade requires $0.
Firstrade is regulated by SEC, CFTC, while Rakuten Trade holds licences from SC.
Firstrade supports Proprietary Web, Proprietary Mobile. Rakuten Trade supports Proprietary Web, Proprietary Mobile.
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.