Compare Monex and Rakuten Trade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Monex
Rakuten Trade
| Monex | Rakuten Trade | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 2.9/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:3 | 1:5 ✓ |
| Regulation | FSA, SEC ✓ | SC |
| Platforms | Proprietary Web, Proprietary Mobile, TradeStation JP | Proprietary Web, Proprietary Mobile |
Monex is the better choice overall, scoring 3.4/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowMonex
WinnerRakuten Trade
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Monex
Rakuten Trade
Lower feesMonex scores 3.42/5 while Rakuten Trade scores 2.93/5 in our independent rating.
Monex 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.
Monex
3.4/5
Choose Monex if you want…
Rakuten Trade
2.9/5
Choose Rakuten Trade if you want…
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Monex scores higher overall on our independent rating system. Monex 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.
Monex offers spreads from 0 pips, while Rakuten Trade starts at 0 pips. Check the fees section above for a full breakdown.
Monex requires a minimum deposit of $0. Rakuten Trade requires $0.
Monex is regulated by FSA, SEC, while Rakuten Trade holds licences from SC.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. 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.
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.
Higher Rated
Monex
Capital at risk · T&Cs apply