Rakuten Trade
OANDA
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
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 | 2.9/5 | 4.1/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:5 | 1:50 ✓ |
| Regulation | SC | FCA, CFTC, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.1/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Rakuten Trade offers lower spreads (0 pips).
See full side-by-side comparison belowRakuten Trade
OANDA
WinnerRakuten Trade
OANDA
Rakuten Trade scores 2.93/5 while OANDA scores 4.09/5 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.
Rakuten Trade
2.9/5
Choose Rakuten Trade if you want…
OANDA
4.1/5
Choose OANDA if you want…
OANDA scores higher overall on our independent rating system. Rakuten Trade holds a 2.9/5 rating vs OANDA's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Rakuten Trade offers spreads from 0 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.
Rakuten Trade requires a minimum deposit of $0. OANDA requires $0.
Rakuten Trade is regulated by SC, while OANDA holds licences from FCA, CFTC, ASIC, MAS.
Rakuten Trade supports Proprietary Web, Proprietary Mobile. OANDA supports MT4, 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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BrokerRank Research — Loss rates across 50 EU brokers
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.