Rakuten Trade vs BlackBull Markets 2026: Which Broker is Better?
Compare Rakuten Trade and BlackBull Markets side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Rakuten Trade
BlackBull Markets
| Rakuten Trade | BlackBull Markets | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 3.9/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | SC | FCA, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, TradingView |
BlackBull Markets is the better choice overall, scoring 3.9/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Rakuten Trade offers lower spreads (0 pips).
See full side-by-side comparison belowRakuten Trade vs BlackBull Markets: Key Differences
Rakuten Trade
BlackBull Markets
WinnerStill deciding between Rakuten Trade and BlackBull Markets?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
Rakuten Trade
Lower feesBlackBull Markets
BrokerRank Verdict
Rakuten Trade scores 3.06/5 while BlackBull Markets scores 3.93/5 in our independent rating.
BlackBull Markets edges ahead overall, but Rakuten Trade may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
Rakuten Trade
3.1/5
Choose Rakuten Trade if you want…
Similar strengths to BlackBull Markets — compare below.
BlackBull Markets
3.9/5
Choose BlackBull Markets if you want…
- Higher overall rating (3.9/5)
- Higher leverage (up to 1:500)
- More regulatory licences (2)
- More market types (6)
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 Trade & BlackBull Markets are available in
Frequently Asked Questions
1Is Rakuten Trade better than BlackBull Markets?
BlackBull Markets scores higher overall on our independent rating system. Rakuten Trade holds a 3.1/5 rating vs BlackBull Markets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Rakuten Trade or BlackBull Markets?
Rakuten Trade offers spreads from 0 pips, while BlackBull Markets starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Rakuten Trade vs BlackBull Markets?
Rakuten Trade requires a minimum deposit of $0. BlackBull Markets requires $0.
4Which broker is safer, Rakuten Trade or BlackBull Markets?
Rakuten Trade is regulated by SC, while BlackBull Markets holds licences from FCA, ASIC.
5What trading platforms do Rakuten Trade and BlackBull Markets support?
Rakuten Trade supports Proprietary Web, Proprietary Mobile. BlackBull Markets supports MT4, MT5, TradingView, Proprietary Mobile.
6Can I use both Rakuten Trade and BlackBull Markets?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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BrokerRank Research
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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.
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