Rakuten Trade
Pepperstone
VS
Higher Rated
Pepperstone
Capital at risk · T&Cs apply
Compare Rakuten Trade and Pepperstone side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Rakuten Trade
Pepperstone
| Rakuten Trade | Pepperstone | |
|---|---|---|
| BrokerRank Score | 2.9/5 | 4.1/5 ✓ |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | SC | ASIC, FCA, CySEC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, TradingView |
Pepperstone 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
Pepperstone
Rakuten Trade
Lower feesPepperstone
Rakuten Trade scores 2.93/5 while Pepperstone scores 4.12/5 in our independent rating.
Pepperstone 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…
Pepperstone
4.1/5
Choose Pepperstone if you want…
Pepperstone scores higher overall on our independent rating system. Rakuten Trade holds a 2.9/5 rating vs Pepperstone'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 Pepperstone starts at 0 pips. Check the fees section above for a full breakdown.
Rakuten Trade requires a minimum deposit of $0. Pepperstone requires $200.
Rakuten Trade is regulated by SC, while Pepperstone holds licences from ASIC, FCA, CySEC.
Rakuten Trade supports Proprietary Web, Proprietary Mobile. Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
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.