Higher Rated
OANDA
Capital at risk · T&Cs apply
In the competitive landscape of online trading, OANDA and Rakuten Securities stand out with distinct offerings tailored to different trader profiles. OANDA, with its inception in 1996, appeals to forex and CFD traders looking for a trusted, globally regulated broker with no minimum deposit and access to historical data and API integration. In contrast, Rakuten Securities, established in 1999, is particularly attractive to traders interested in stocks, ETFs, and cryptocurrencies, with strong ties to the Japanese market and integrated Rakuten Points benefits. The key difference lies in their geographical focus and product range, making OANDA more suitable for forex enthusiasts and Rakuten Securities ideal for those seeking comprehensive stock and ETF trading within the Japanese ecosystem.
OANDA
Rakuten Securities
| OANDA | Rakuten Securities | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:50 ✓ | 1:3 |
| Regulation | FCA, CFTC, ASIC ✓ | FSA |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MarketSpeed II |
OANDA is the better choice overall, scoring 4.1/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Rakuten Securities offers lower spreads (0 pips).
See full side-by-side comparison belowOANDA
WinnerRakuten Securities
OANDA
Rakuten Securities
Lower feesOANDA
4.1/5
Choose OANDA if you want…
Rakuten Securities
3.4/5
Choose Rakuten Securities if you want…
OANDA scores higher overall on our independent rating system. OANDA holds a 4.1/5 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.
OANDA offers spreads from 0.6 pips, while Rakuten Securities starts at 0 pips. Check the fees section above for a full breakdown.
OANDA requires a minimum deposit of $0. Rakuten Securities requires $0.
OANDA is regulated by FCA, CFTC, ASIC, MAS, while Rakuten Securities holds licences from FSA.
OANDA supports MT4, 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.