Skip to main content
Side-by-Side Comparison Independent Updated Mar 9, 2026

Rakuten Securities vs XM 2026: Which Broker is Better?

In the competitive landscape of online trading, Rakuten Securities and XM stand out with distinct offerings tailored to different trader profiles. Rakuten Securities, with its zero-commission stocks and ETFs and integration with the Rakuten ecosystem, appeals primarily to Japan-based traders seeking robust access to US markets. In contrast, XM caters to a global audience, particularly beginner traders, with its low minimum deposit requirement and extensive educational resources. While Rakuten focuses on a Japanese clientele with a proprietary platform, XM offers broader market coverage through popular platforms like MT4 and MT5, making it more suitable for international traders seeking diversity and flexibility.

Rakuten Securities

XM

Higher ratedXM logo

XM

3.9/ 5
Visit XM →Full review
VS
Rakuten SecuritiesXM
BrokerRank Score3.5/53.9/5 ✓
Min. Deposit$0 ✓$5
Spread from0 pips ✓0.6 pips
Max Leverage1:31:1000 ✓
RegulationFSACySEC, DFSA, FSC ✓
PlatformsProprietary Web, Proprietary Mobile, MarketSpeed IIMT4, MT5, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Rakuten SecuritiesXM
Best for Low Fees
Rakuten SecuritiesXM
Best for Regulation
XMRakuten Securities
Best Overall
XMRakuten Securities
Quick Answer

XM is the better choice overall, scoring 3.9/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Rakuten Securities offers lower spreads (0 pips).

See full side-by-side comparison below

Rakuten Securities vs XM: Key Differences

Feature

Rakuten Securities

XM

Our Rating
3.5 / 5
3.9 / 5
Min. Deposit
$0
$5
Max Leverage
Spread From
0 pips
0.6 pips
Commission
None
None
Regulated By
FSA
CySECDFSAFSCFSCAFSA
Platforms
Proprietary Web, Proprietary Mobile, MarketSpeed II
MT4, MT5, Proprietary Mobile
Markets
Stocks, Etf, Crypto, Forex, Indices
Forex, Cfd, Stocks, Indices, Commodities
Founded
1999
2009
Headquarters
Tokyo, Japan
Limassol, Cyprus
Score
2 / 4
2 / 4

Fees Comparison

Fee

Rakuten Securities

Lower fees

XM

Spread From
0 pips
0.6 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginner traders, XM is the preferable choice due to its strong educational resources, low minimum deposit requirement, and comprehensive platform options like MT4 and MT5. Professional traders might lean towards Rakuten Securities for its zero commission on stocks and ETFs, and robust access to US stocks, although it primarily caters to the Japanese market. In terms of fees, Rakuten Securities has the edge with its zero commission structure and spreads starting from 0 pips, making it more cost-effective for frequent stock and ETF traders.

Who Should Choose Which?

Rakuten Securities

Rakuten Securities

3.5/5

Choose Rakuten Securities if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • More established (est. 1999)
XM

XM

3.9/5

Top pick

Choose XM if you want…

  • Higher overall rating (3.9/5)
  • Higher leverage (up to 1:1000)
  • More regulatory licences (5)

Also consider

View all rankings

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#5AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both Rakuten Securities & XM are available in

Frequently Asked Questions

1

Is Rakuten Securities better than XM?

XM scores higher overall on our independent rating system. Rakuten Securities holds a 3.5/5 rating vs XM's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Rakuten Securities or XM?

Rakuten Securities offers spreads from 0 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Rakuten Securities vs XM?

Rakuten Securities requires a minimum deposit of $0. XM requires $5.

4

Which broker is safer, Rakuten Securities or XM?

Rakuten Securities is regulated by FSA, while XM holds licences from CySEC, DFSA, FSC, FSCA, FSA.

5

What trading platforms do Rakuten Securities and XM support?

Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II. XM supports MT4, MT5, Proprietary Mobile.

6

Can I use both Rakuten Securities and XM?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Higher Rated

XM

Open Account

Capital at risk · T&Cs apply