XM
Rakuten Securities
VS
Higher Rated
XM
Capital at risk · T&Cs apply
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
| XM | Rakuten Securities | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.4/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:3 |
| Regulation | CySEC, ASIC, FCA ✓ | FSA |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MarketSpeed II |
XM is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Rakuten Securities offers lower spreads (0 pips).
See full side-by-side comparison belowXM
Rakuten Securities
XM
Rakuten Securities
Lower feesXM holds licences from ASIC, FCA, CySEC. Rakuten Securities is regulated by FSA.
Both brokers offer access to Forex, Stocks, Indices markets. XM additionally covers Cfd, Commodities. Rakuten Securities adds Etf, Crypto.
On spreads, Rakuten Securities is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. Rakuten Securities offers Proprietary Web, Proprietary Mobile, MarketSpeed II. Both brokers are available on Proprietary Mobile.
XM requires a minimum deposit of $5, while Rakuten Securities sets no minimum deposit. This makes Rakuten Securities accessible to traders with any budget.
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.
XM
3.9/5
Choose XM if you want…
Rakuten Securities
3.4/5
Choose Rakuten Securities if you want…
XM scores higher overall on our independent rating system. XM holds a 3.9/5 rating vs Rakuten Securities's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
XM offers spreads from 0.6 pips, while Rakuten Securities starts at 0 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. Rakuten Securities requires $0.
XM is regulated by CySEC, ASIC, FCA, while Rakuten Securities holds licences from FSA.
XM supports MT4, MT5, Proprietary Mobile. Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.