Basic Information & Regulators
Rakuten Securities Australia (RSA) Is A Metals Broker For Indices, Metals And CFDs, With Global Expertise Provided By Rakuten Securities Inc. Headquartered In Tokyo, Rakuten Securities Is One Of The Leading Online Brokers In Japan. According To The Official Website Of Rakuten Securities, The Broker Will Be Effectively Regulated By The Australian Securities And Investments Commission On March 29, 2021.
Security Analysis
Rakuten Securities Announced That The Australian ASIC Regulation Will Take Effect On March 29, 2021, But Did Not Provide A Specific Regulatory Number, Which Means That Rakuten Securities Is Currently An Unregulated Broker Platform, And Investors' Trading Activities And Capital Safety On The Rakuten Securities Platform Cannot Be Effectively Guaranteed. Investors Should Be Careful To Stay Away From Rakuten Securities, A Broker.
Financial Instruments
Rakuten Securities Provides Traders With Popular Financial Trading Tools, Mainly Including Popular Foreign Exchange Currency Pairs, Gold, Silver, And Index CFDs.
Accounts & Leverage
Rakuten Securities Offers Investors 100x Leverage Account/Standard Account And 400x Leverage Account. The Minimum Deposit For Both Accounts Is $50 And The Minimum Trading Lot Size Is 0.01 Lots Each. Leverage Is 1:30 For Major Currency Pairs, 1:2 For Minor Currency Pairs, Gold And As Long As The Index Leverage Is 1:20, 1:10 For Commodities, 1:2 For Cryptocurrencies And 1:5 For Stocks.
Spreads & Handling Fees
In A 100x Leveraged Account, The EUR-USD Spread Is 0.5 Points, The GBP-USD Spread Is 0.8 Points, The AUD-USD Spread Is 0.5 Points, The USD-JPY Spread Is 0.6 Points, The Gold-USD Spread Is 1.5 Points, The Silver-USD Spread Is 3.0 Points, The Australian 200 (AUS200) Index Spread Is 1.5 Points, And The German 30 Index (Germany30) Spread Is 0.6 Points. In A 400x Leveraged Account, The EUR-USD Spread Is 0.8 Points, The GBP-USD Spread Is 1.1 Points, The AUD-USD Spread Is 1.1 Points, The USD-JPY Spread Is 0.9 Points, The Gold-USD Spread Is 1.9 Points, The Silver-USD Spread Is 3.5 Points, The Australian 200 Index Spread Is 1.7 Points, And The German 30 Index Spread Is 0.8 Points. The Overnight Interest Rate For EUR-USD Is -4.5, The Overnight Interest Rate For GBP-USD Is -2, And The Overnight Interest Rate For AUD-USD Is -3. Rakuten Trade Does Not Charge Trading Commissions For Trading On Either Account.
Trading Platform
Rakuten Securities Provides Traders With The Market-leading And Well-regarded MT4 Trading Platform, As Well As MT4 Android Version, MT4 IOS Version, And MT4 Windows Version For Users To Choose Flexibly. MT4 Is The Most Ideal Platform For The Foreign Exchange Trading Industry, With A Simple And Intuitive, User-friendly Interface, Powerful Data Analytics And Technical Indicator Tools, Capable Of Formulating Suitable Trading Strategies For Traders Of Different Levels, Helping Traders To Gain A Leading Position On Financial Marekt.
Deposit And Withdrawal
Rakuten Securities Supports A Variety Of Deposit And Withdrawal Methods, Mainly NAB (domestic And International Telegraphic Transfer), VISA, MASTERCARD Credit/debit Card, NETELLER, Skrill, Telegraphic Transfer. Traders Pay A 2% Fee For Withdrawing Funds Through NETELLER & Skrill.
