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Side-by-Side Comparison Independent Updated Oct 2, 2026

TMGM vs Rakuten Securities 2026: Which Broker is Better?

Choosing between TMGM and Rakuten Securities depends on your trading style, preferred markets, and budget. TMGM is headquartered in Melbourne, Australia, while Rakuten Securities operates from Tokyo, Japan. Rakuten Securities has the longer track record, established in 1999, compared to TMGM which was founded in 2013. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

TMGM

Rakuten Securities

Higher ratedRakuten Securities logo

Rakuten Securities

3.5/ 5
Visit Rakuten Securities →Full review
VS
TMGMRakuten Securities
BrokerRank Score3.5/53.5/5 ✓
Min. Deposit$100$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:3
RegulationASIC, FCA ✓FSA
PlatformsMT4, MT5Proprietary Web, Proprietary Mobile, MarketSpeed II
Quick VerdictBrokerRank recommends
Best for Beginners
Rakuten SecuritiesTMGM
Best for Low Fees
TMGMRakuten Securities
Best for Regulation
TMGMRakuten Securities
Best Overall
Rakuten SecuritiesTMGM
Quick Answer

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

See full side-by-side comparison below

TMGM vs Rakuten Securities: Key Differences

Feature

TMGM

Rakuten Securities

Winner
Our Rating
3.5 / 5
3.5 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Regulated By
FSA
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile, MarketSpeed II
Markets
Forex, Cfd, Indices, Commodities, Stocks
Stocks, Etf, Crypto, Forex, Indices
Founded
2013
1999
Headquarters
Melbourne, Australia
Tokyo, Japan
Score
1 / 4
3 / 4

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Fees Comparison

Fee

TMGM

Rakuten Securities

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

TMGM holds licences from ASIC, FCA. Rakuten Securities is regulated by FSA.

Markets & Assets

Both brokers offer access to Forex, Indices, Stocks markets. TMGM additionally covers Cfd, Commodities. Rakuten Securities adds Etf, Crypto.

Trading Platforms

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

Minimum Deposit

TMGM requires a minimum deposit of $100, while Rakuten Securities sets no minimum deposit. This makes Rakuten Securities accessible to traders with any budget.

Overall Ratings

BrokerRank scores TMGM at 3.45/5 and Rakuten Securities at 3.42/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. TMGM leads overall with a marginal advantage.

BrokerRank Verdict

TMGM and Rakuten Securities are closely matched, with TMGM scoring 3.45/5 against Rakuten Securities's 3.42/5. TMGM holds more tier-1 licences (ASIC, FCA), offering stronger regulatory protection. Traders with smaller budgets may find Rakuten Securities's lower minimum deposit of $0 more accessible. For most traders, TMGM is the stronger all-round choice, though Rakuten Securities remains competitive for beginners starting with a smaller initial capital.

Who Should Choose Which?

TMGM

TMGM

3.5/5

Choose TMGM if you want…

  • Higher leverage (up to 1:500)
  • More regulatory licences (2)
Rakuten Securities

Rakuten Securities

3.5/5

Top pick

Choose Rakuten Securities if you want…

  • Higher overall rating (3.5/5)
  • No per-trade commission
  • No minimum deposit
  • More established (est. 1999)

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Both TMGM & Rakuten Securities are available in

Frequently Asked Questions

1

Is TMGM better than Rakuten Securities?

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

2

Which has lower fees, TMGM or Rakuten Securities?

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

3

What is the minimum deposit for TMGM vs Rakuten Securities?

TMGM requires a minimum deposit of $100. Rakuten Securities requires $0.

4

Which broker is safer, TMGM or Rakuten Securities?

TMGM is regulated by ASIC, FCA, while Rakuten Securities holds licences from FSA.

5

What trading platforms do TMGM and Rakuten Securities support?

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

6

Can I use both TMGM and Rakuten Securities?

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

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