Pepperstone vs Rakuten Securities 2026: Which Broker is Better?
When comparing Pepperstone and Rakuten Securities, traders will find distinct differences tailored to varying needs. Pepperstone, founded in 2010 and headquartered in Melbourne, Australia, is well-suited for forex and CFD traders seeking low spreads and in-depth research tools, with the flexibility of multiple trading platforms like MT4 and MT5. In contrast, Rakuten Securities, established in 1999 and based in Tokyo, Japan, caters primarily to stock traders who value zero-commission trades and access to the expansive Rakuten ecosystem, although it leans heavily towards the Japanese market. While Pepperstone appeals to traders looking for high leverage options and robust regulatory oversight, Rakuten Securities is ideal for those integrated into the Japanese financial landscape.
Pepperstone
Rakuten Securities
| Pepperstone | Rakuten Securities | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.5/5 |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:3 |
| Regulation | ASIC, FCA, CySEC ✓ | FSA |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile, MarketSpeed II |
Pepperstone is the better choice overall, scoring 4.1/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Pepperstone offers lower spreads (0 pips).
See full side-by-side comparison belowPepperstone vs Rakuten Securities: Key Differences
Pepperstone
Rakuten Securities
Still deciding between Pepperstone and Rakuten Securities?
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Fees Comparison
Pepperstone
Rakuten Securities
Lower feesBrokerRank Verdict
Who Should Choose Which?
Pepperstone
4.1/5
Choose Pepperstone if you want…
- Higher overall rating (4.1/5)
- Higher leverage (up to 1:500)
- More regulatory licences (3)
- More market types (6)
Rakuten Securities
3.5/5
Choose Rakuten Securities if you want…
- No per-trade commission
- No minimum deposit
- More established (est. 1999)
Also consider
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.
Both Pepperstone & Rakuten Securities are available in
Frequently Asked Questions
1Is Pepperstone better than Rakuten Securities?
Pepperstone scores higher overall on our independent rating system. Pepperstone holds a 4.1/5 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.
2Which has lower fees, Pepperstone or Rakuten Securities?
Pepperstone offers spreads from 0 pips, while Rakuten Securities starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Pepperstone vs Rakuten Securities?
Pepperstone requires a minimum deposit of $200. Rakuten Securities requires $0.
4Which broker is safer, Pepperstone or Rakuten Securities?
Pepperstone is regulated by ASIC, FCA, CySEC, while Rakuten Securities holds licences from FSA.
5What trading platforms do Pepperstone and Rakuten Securities support?
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II.
6Can I use both Pepperstone 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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