FP Markets
Rakuten Securities
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
When comparing FP Markets and Rakuten Securities, the primary distinction lies in their regional focus and trading platforms. FP Markets, headquartered in Australia and regulated by ASIC, offers a comprehensive range of markets, including forex and CFDs, appealing to traders seeking low spreads and access to popular platforms like MT4, MT5, and TradingView. In contrast, Japan-based Rakuten Securities, regulated by the FSA, caters mainly to investors interested in zero-commission trading on stocks and ETFs, with a strong emphasis on the Japanese market and integration with the Rakuten ecosystem. FP Markets is ideal for traders looking for diverse trading options and high leverage, while Rakuten Securities suits those focused on Japanese and US stock markets with a preference for minimal deposit requirements.
FP Markets
Rakuten Securities
| FP Markets | Rakuten Securities | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:3 |
| Regulation | ASIC, CySEC ✓ | FSA |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile, MarketSpeed II |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets
Rakuten Securities
FP Markets
Rakuten Securities
Lower fees
FP Markets
3.8/5
Choose FP Markets if you want…
Rakuten Securities
3.4/5
Choose Rakuten Securities if you want…
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 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.
FP Markets offers spreads from 0 pips, while Rakuten Securities starts at 0 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. Rakuten Securities requires $0.
FP Markets is regulated by ASIC, CySEC, while Rakuten Securities holds licences from FSA.
FP Markets supports MT4, MT5, TradingView, 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.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.