Rakuten Securities vs Saxo Bank 2026: Which Broker is Better?
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 | 3.5/5 | 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 3.5/5 on BrokerRank's independent rating. On fees, Rakuten Securities offers lower spreads (0 pips).
See full side-by-side comparison belowRakuten Securities vs Saxo Bank: Key Differences
Rakuten Securities
WinnerSaxo Bank
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Fees Comparison
Rakuten Securities
Lower feesSaxo Bank
BrokerRank Verdict
Who Should Choose Which?
Rakuten Securities
3.5/5
Choose Rakuten Securities if you want…
- Tighter spreads (from 0 pips)
- No per-trade commission
- No minimum deposit
- More platforms (3 supported)
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
- Higher overall rating (4.0/5)
- Higher leverage (up to 1:200)
- More regulatory licences (3)
- More established (est. 1992)
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 Rakuten Securities & Saxo Bank are available in
Frequently Asked Questions
1Is Rakuten Securities better than Saxo Bank?
Saxo Bank scores higher overall on our independent rating system. Rakuten Securities holds a 3.5/5 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.
2Which has lower fees, Rakuten Securities or Saxo Bank?
Rakuten Securities offers spreads from 0 pips, while Saxo Bank starts at 0.4 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Rakuten Securities vs Saxo Bank?
Rakuten Securities requires a minimum deposit of $0. Saxo Bank requires $2000.
4Which broker is safer, Rakuten Securities or Saxo Bank?
Rakuten Securities is regulated by FSA, while Saxo Bank holds licences from FCA, MAS, ASIC.
5What trading platforms do Rakuten Securities and Saxo Bank support?
Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II. Saxo Bank supports Proprietary Web, Proprietary Mobile.
6Can I use both Rakuten Securities and Saxo Bank?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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