Rakuten Trade vs OANDA 2026: Which Broker is Better?
Compare Rakuten Trade and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Rakuten Trade
OANDA
| Rakuten Trade | OANDA | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 4.3/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:5 | 1:50 ✓ |
| Regulation | SC | CFTC, FCA, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.3/5 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 OANDA: Key Differences
Rakuten Trade
OANDA
WinnerStill deciding between Rakuten Trade and OANDA?
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Fees Comparison
Rakuten Trade
OANDA
BrokerRank Verdict
Rakuten Trade scores 3.06/5 while OANDA scores 4.34/5 in our independent rating.
OANDA 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…
- Tighter spreads (from 0 pips)
OANDA
4.3/5
Choose OANDA if you want…
- Higher overall rating (4.3/5)
- No per-trade commission
- Higher leverage (up to 1:50)
- More regulatory licences (7)
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 & OANDA are available in
Frequently Asked Questions
1Is Rakuten Trade better than OANDA?
OANDA scores higher overall on our independent rating system. Rakuten Trade holds a 3.1/5 rating vs OANDA's 4.3/5. 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 OANDA?
Rakuten Trade offers spreads from 0 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Rakuten Trade vs OANDA?
Rakuten Trade requires a minimum deposit of $0. OANDA requires $0.
4Which broker is safer, Rakuten Trade or OANDA?
Rakuten Trade is regulated by SC, while OANDA holds licences from CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF.
5What trading platforms do Rakuten Trade and OANDA support?
Rakuten Trade supports Proprietary Web, Proprietary Mobile. OANDA supports MT4, Proprietary Web, Proprietary Mobile.
6Can I use both Rakuten Trade and OANDA?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research
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76% of Brokers Use Proprietary Platforms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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