Rakuten Securities Trading Signals - TU Expert review
Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of Rakuten Securities trading signals. You will learn what kinds of trading signals Rakuten Securities offers and what the conditions for using them are.
Short introduction of Rakuten Securities
ATFX acquired Rakuten Securities. All accounts opened with Rakuten Securities have been transferred to the ATFX database, and Rakuten Securities has ceased to exist. Rakuten Securities clients and partners are encouraged to continue business with the regulated company ATFX.
| 💰 Account currency: | EUR, USD, GBP, AUD |
| 🚀 Minimum deposit: | $50 |
| ⚖️ Leverage: | 1:100/1:400 |
| 💱 Spread: | From 0.5 pips (Standard) From 0.8 pips (High Leverage) |
| 🔧 Instruments: | 40 currency pairs, gold, silver, CFDs on indexes |
| 💹 Margin Call / Stop Out: | 40-70% / 20-50% |
Rakuten Securities Pros and Cons
👍 Advantages of trading with Rakuten Securities:
•minimum deposit of $50;
•narrow fixed spreads from 0.5 pips;
•license from ASIC.
👎 Disadvantages of Rakuten Securities:
•no cent (micro) accounts;
•clients do not have access to the MT5 platform and the MT4 web version;
•a limited range of trading instruments is available, for example, cryptocurrencies, stocks, binary options, futures, or bonds are not available.
•the broker does not work with traders from Russia and Ukraine;
•the website does not have a Russian version.
What are trading signals?
Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.
A broker can provide signals in several ways:
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Copy trading.
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Email alerts.
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Signals through a blog on the website.
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Recommendations of a personal manager, etc.
When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.
Rakuten Securities Trading Signals
Traders Union specialists analyzed the trading conditions of Rakuten Securities for the presence of trading and non-trading fees. The broker does not charge fees for deposits or withdrawals. Payment systems fees: for deposits, it’s 0%; for withdrawals, it’s 0% for UnionPay, 2% for Neteller and Skrill; and 25 AUD/25 USD /20 EUR/15 GBP (National Australia Bank).
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | From $5 | Yes |
| High Leverage | From $7 | Yes |
Conclusion
Based on the results of the analysis, Traders Union analysts have concluded that Rakuten Securities does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.
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FAQs
How do I test the signals if I can’t do it on a demo account?
In this case, it is best to test them using the minimum deposit. You will need to check the minimum deposit level of the broker.
How do I choose a signal provider?
Consider the profitability, the list of instruments the signals are provided for and the risk level of the strategy.
Can I subscribe to several signal providers?
As a rule, brokers allow traders to do that. It is important to subscribe to several providers or newsletters, as it helps diversify the risks.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.