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Side-by-Side Comparison Independent Updated Mar 11, 2026

XM vs Rakuten Securities 2026: Which Broker is Better?

Choosing between XM and Rakuten Securities depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while Rakuten Securities operates from Tokyo, Japan. Rakuten Securities has the longer track record, established in 1999, compared to XM which was founded in 2009. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

XM

Rakuten Securities

Higher ratedXM logo

XM

3.9/ 5
Visit XM →Full review
VS
XMRakuten Securities
BrokerRank Score3.9/5 ✓3.5/5
Min. Deposit$5$0 ✓
Spread from0.6 pips0 pips ✓
Max Leverage1:1000 ✓1:3
RegulationCySEC, DFSA, FSC ✓FSA
PlatformsMT4, MT5, Proprietary MobileProprietary Web, Proprietary Mobile, MarketSpeed II
Quick VerdictBrokerRank recommends
Best for Beginners
Rakuten SecuritiesXM
Best for Low Fees
Rakuten SecuritiesXM
Best for Regulation
XMRakuten Securities
Best Overall
XMRakuten Securities
Quick Answer

XM is the better choice overall, scoring 3.9/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Rakuten Securities offers lower spreads (0 pips).

See full side-by-side comparison below

XM vs Rakuten Securities: Key Differences

Feature

XM

Rakuten Securities

Our Rating
3.9 / 5
3.5 / 5
Min. Deposit
$5
$0
Max Leverage
Spread From
0.6 pips
0 pips
Commission
None
None
Regulated By
CySECDFSAFSCFSCAFSA
FSA
Platforms
MT4, MT5, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MarketSpeed II
Markets
Forex, Cfd, Stocks, Indices, Commodities
Stocks, Etf, Crypto, Forex, Indices
Founded
2009
1999
Headquarters
Limassol, Cyprus
Tokyo, Japan
Score
2 / 4
2 / 4

Fees Comparison

Fee

XM

Rakuten Securities

Lower fees
Spread From
0.6 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

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

Markets & Assets

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

Fees & Spreads

On spreads, Rakuten Securities is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.

Trading Platforms

XM supports MT4, MT5, Proprietary Mobile. Rakuten Securities offers Proprietary Web, Proprietary Mobile, MarketSpeed II. Both brokers are available on Proprietary Mobile.

Minimum Deposit

XM requires a minimum deposit of $5, while Rakuten Securities sets no minimum deposit. This makes Rakuten Securities accessible to traders with any budget.

Overall Ratings

BrokerRank scores XM at 3.92/5 and Rakuten Securities at 3.42/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XM leads overall with a clear advantage.

BrokerRank Verdict

XM is our recommended pick in this comparison, scoring 3.92/5 versus Rakuten Securities's 3.42/5. XM holds more tier-1 licences (ASIC, FCA), offering stronger regulatory protection. Rakuten Securities has a fees advantage with 0.0 pip spreads. Traders with smaller budgets may find Rakuten Securities's lower minimum deposit of $0 more accessible. Rakuten Securities is still a solid option for beginners starting with a smaller initial capital, but XM offers a stronger overall package for the majority of traders.

Who Should Choose Which?

XM

XM

3.9/5

Top pick

Choose XM if you want…

  • Higher overall rating (3.9/5)
  • Higher leverage (up to 1:1000)
  • More regulatory licences (5)
Rakuten Securities

Rakuten Securities

3.5/5

Choose Rakuten Securities if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • More established (est. 1999)

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Both XM & Rakuten Securities are available in

Frequently Asked Questions

1

Is XM better than Rakuten Securities?

XM scores higher overall on our independent rating system. XM holds a 3.9/5 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, XM or Rakuten Securities?

XM offers spreads from 0.6 pips, while Rakuten Securities starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for XM vs Rakuten Securities?

XM requires a minimum deposit of $5. Rakuten Securities requires $0.

4

Which broker is safer, XM or Rakuten Securities?

XM is regulated by CySEC, DFSA, FSC, FSCA, FSA, while Rakuten Securities holds licences from FSA.

5

What trading platforms do XM and Rakuten Securities support?

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

6

Can I use both XM 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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