Westpac Share Trading
Rakuten Trade
VS
Higher Rated
Rakuten Trade
Capital at risk · T&Cs apply
Compare Westpac Share Trading and Rakuten Trade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Westpac Share Trading
Rakuten Trade
| Westpac Share Trading | Rakuten Trade | |
|---|---|---|
| BrokerRank Score | 2.8/5 | 2.9/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1 | 1:5 ✓ |
| Regulation | ASIC | SC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Rakuten Trade is the better choice overall, scoring 2.9/5 vs 2.8/5 on BrokerRank's independent rating. On fees, Westpac Share Trading offers lower spreads (0 pips).
See full side-by-side comparison belowWestpac Share Trading
Rakuten Trade
WinnerWestpac Share Trading
Rakuten Trade
Lower feesWestpac Share Trading scores 2.75/5 while Rakuten Trade scores 2.93/5 in our independent rating.
Rakuten Trade edges ahead overall, but Westpac Share Trading may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Westpac Share Trading
2.8/5
Choose Westpac Share Trading if you want…
Rakuten Trade
2.9/5
Choose Rakuten Trade if you want…
Rakuten Trade scores higher overall on our independent rating system. Westpac Share Trading holds a 2.8/5 rating vs Rakuten Trade's 2.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Westpac Share Trading offers spreads from 0 pips, while Rakuten Trade starts at 0 pips. Check the fees section above for a full breakdown.
Westpac Share Trading requires a minimum deposit of $0. Rakuten Trade requires $0.
Westpac Share Trading is regulated by ASIC, while Rakuten Trade holds licences from SC.
Westpac Share Trading supports Proprietary Web, Proprietary Mobile. Rakuten Trade supports Proprietary Web, 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.