Compare
Rakuten Securities
Capital at risk · T&Cs apply
Choosing between Rakuten Securities and Firstrade depends on your trading style, preferred markets, and budget. Rakuten Securities is headquartered in Tokyo, Japan, while Firstrade operates from New York, USA. Firstrade has the longer track record, established in 1985, compared to Rakuten Securities which was founded in 1999. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Rakuten Securities
Firstrade
| Rakuten Securities | Firstrade | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:3 ✓ | 1:2 |
| Regulation | FSA | SEC, CFTC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, MarketSpeed II | Proprietary Web, Proprietary Mobile |
Rakuten Securities (3.4/5) and Firstrade (3.4/5) are closely matched. Rakuten Securities has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowRakuten Securities
Firstrade
WinnerRakuten Securities
Firstrade
Rakuten Securities holds licences from FSA. Firstrade is regulated by SEC, CFTC.
Both brokers offer access to Stocks, Indices markets. Rakuten Securities additionally covers Etf, Crypto, Forex.
Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II. Firstrade offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Rakuten Securities requires no minimum deposit, while Firstrade sets no minimum deposit. This makes Rakuten Securities accessible to traders with any budget.
BrokerRank scores Rakuten Securities at 3.42/5 and Firstrade at 3.41/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Rakuten Securities leads overall with a marginal advantage.
Rakuten Securities
3.4/5
Choose Rakuten Securities if you want…
Firstrade
3.4/5
Choose Firstrade if you want…
Rakuten Securities (3.4/5) and Firstrade (3.4/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
Rakuten Securities offers spreads from 0 pips, while Firstrade starts at 0 pips. Check the fees section above for a full breakdown.
Rakuten Securities requires a minimum deposit of $0. Firstrade requires $0.
Rakuten Securities is regulated by FSA, while Firstrade holds licences from SEC, CFTC.
Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II. Firstrade 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.