Higher Rated
Saxo Bank
Capital at risk · T&Cs apply
In the competitive landscape of online trading, Rakuten Securities and Saxo Bank present distinct offerings tailored to different trader profiles. Rakuten Securities, with its strong foothold in Japan, appeals to traders seeking zero-commission access to US stocks and ETFs within the Rakuten ecosystem, although its primary focus on the Japanese market may limit international appeal. Conversely, Saxo Bank caters to experienced traders with its professional-grade SaxoTraderGO platform and extensive range of over 40,000 instruments, albeit with a higher entry barrier due to its $2,000 minimum deposit requirement. This comparison will help you discern which broker aligns with your trading needs and preferences.
Rakuten Securities
Saxo Bank
| Rakuten Securities | Saxo Bank | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $2000 |
| Spread from | 0 pips ✓ | 0.4 pips |
| Max Leverage | 1:3 | 1:200 ✓ |
| Regulation | FSA | FCA, MAS, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, MarketSpeed II | Proprietary Web, Proprietary Mobile |
Saxo Bank is the better choice overall, scoring 4.0/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Rakuten Securities offers lower spreads (0 pips).
See full side-by-side comparison belowRakuten Securities
WinnerSaxo Bank
Rakuten Securities
Lower feesSaxo Bank
Rakuten Securities
3.4/5
Choose Rakuten Securities if you want…
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
Saxo Bank scores higher overall on our independent rating system. Rakuten Securities holds a 3.4/5 rating vs Saxo Bank's 4.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Rakuten Securities offers spreads from 0 pips, while Saxo Bank starts at 0.4 pips. Check the fees section above for a full breakdown.
Rakuten Securities requires a minimum deposit of $0. Saxo Bank requires $2000.
Rakuten Securities is regulated by FSA, while Saxo Bank holds licences from FCA, MAS, ASIC.
Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II. Saxo Bank 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.