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Side-by-Side Comparison Independent Updated Oct 2, 2026

IC Markets vs Rakuten Securities 2026: Which Broker is Better?

In this comparison of IC Markets and Rakuten Securities, we delve into the distinctive features that set these brokers apart. IC Markets is renowned for its ultra-low spreads and fast execution, making it particularly attractive to high-frequency forex and CFD traders who utilise platforms like MT4 and MT5. Conversely, Rakuten Securities appeals to investors seeking commission-free stock and ETF trading within the Japanese market, leveraging its integration with the Rakuten ecosystem. The choice between these brokers largely hinges on whether you prioritise global forex trading or a Japan-centric stock investment approach.

IC Markets

Rakuten Securities

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsRakuten Securities
BrokerRank Score3.9/5 ✓3.5/5
Min. Deposit$200$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:3
RegulationASIC, CySEC ✓FSA
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile, MarketSpeed II
Quick VerdictBrokerRank recommends
Best for Beginners
Rakuten SecuritiesIC Markets
Best for Low Fees
IC MarketsRakuten Securities
Best for Regulation
IC MarketsRakuten Securities
Best Overall
IC MarketsRakuten Securities
Quick Answer

IC Markets is the better choice overall, scoring 3.9/5 vs 3.5/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).

See full side-by-side comparison below

IC Markets vs Rakuten Securities: Key Differences

Feature

IC Markets

Rakuten Securities

Our Rating
3.9 / 5
3.5 / 5
Min. Deposit
$200
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Regulated By
FSA
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MarketSpeed II
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Stocks, Etf, Crypto, Forex, Indices
Founded
2007
1999
Headquarters
Sydney, Australia
Tokyo, Japan
Score
2 / 4
2 / 4

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Fees Comparison

Fee

IC Markets

Rakuten Securities

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, IC Markets is the preferable choice due to its superior platform offerings and strong regulation by ASIC and CySEC, despite its higher minimum deposit requirement. Professional traders may favour Rakuten Securities for its zero-commission structure on stocks and ETFs, although it is more Japan-focused and language-specific. In terms of fees, Rakuten Securities edges out with its zero commission on stocks and ETFs, benefiting cost-conscious traders.

Who Should Choose Which?

IC Markets

IC Markets

3.9/5

Top pick

Choose IC Markets if you want…

  • Higher overall rating (3.9/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (2)
  • More market types (6)
Rakuten Securities

Rakuten Securities

3.5/5

Choose Rakuten Securities if you want…

  • No per-trade commission
  • No minimum deposit
  • More established (est. 1999)

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Both IC Markets & Rakuten Securities are available in

Frequently Asked Questions

1

Is IC Markets better than Rakuten Securities?

IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Rakuten Securities's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, IC Markets or Rakuten Securities?

IC Markets offers spreads from 0 pips, while Rakuten Securities starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for IC Markets vs Rakuten Securities?

IC Markets requires a minimum deposit of $200. Rakuten Securities requires $0.

4

Which broker is safer, IC Markets or Rakuten Securities?

IC Markets is regulated by ASIC, CySEC, while Rakuten Securities holds licences from FSA.

5

What trading platforms do IC Markets and Rakuten Securities support?

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II.

6

Can I use both IC Markets and Rakuten Securities?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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