Rakuten Securities
Commission-free trading across five asset classes, backed by Japan's FSA regulation.
- Min deposit
- $0
- Max leverage
- 1:3
- Spread from
- 0 pips
- Regulators
- FSA
Rakuten Securities and OCBC Securities are both established names in Asian retail trading, but they serve different kinds of investors. Our proprietary rating gives Rakuten Securities the edge at 3.4/5 versus 3.3/5 for OCBC Securities, largely thanks to lower trading costs and a broader market selection.
Commission-free trading across five asset classes, backed by Japan's FSA regulation.
A Singapore-rooted brokerage with higher leverage and decades of regional market trust.
Same category, top-tier regulation, and it's currently accepting new traders.
See What Makes It DifferentCore features compared head-to-head.
| Feature | RS Rakuten Securities | OS OCBC Securities |
|---|---|---|
| Overview | ||
| Rating | 3.4 / 5 | 3.3 / 5 |
| Founded | 1999 | 1986 |
| Headquarters | Tokyo, Japan | Singapore |
| Regulation | FSA | MAS |
| Fees & Limits | ||
| Min Deposit | $0 | $0 |
| Spreads From | 0 pips | 0 pips |
| Commission | None | $0.18/lot |
| Max Leverage | 1:3 | 1:5 |
| Platforms & Markets | ||
| Trading Platforms | Proprietary Web, Proprietary Mobile, MarketSpeed II | Proprietary Web, Proprietary Mobile, iOCBC |
| Markets Offered | Stocks, Etf, Crypto, Forex, Indices | Stocks, Etf, Indices, Forex |
Rakuten Securities
$0
OCBC Securities
$0
Rakuten Securities
0 pips
OCBC Securities
0 pips
Rakuten Securities
None
OCBC Securities
$0.18/lot
Rakuten Securities
None
OCBC Securities
None
Rakuten Securities
None
OCBC Securities
None
Rakuten Securities takes the win in this matchup, scoring 3.4/5 on our rating system compared to OCBC Securities's 3.3/5. The deciding factors are cost efficiency — Rakuten Securities charges no per-trade commission versus OCBC Securities's $0.18/lot — and a wider five-asset-class market selection that includes crypto. OCBC Securities remains a credible alternative for traders anchored to the Singapore market or who specifically want higher leverage of up to 1:5, but for most traders Rakuten Securities delivers the stronger all-around package.
Rakuten Securities operates under the oversight of Japan's Financial Services Agency (FSA), a regulator known for strict capital adequacy and client-asset segregation rules that protect retail investors.
OCBC Securities is licensed by the Monetary Authority of Singapore (MAS), one of Asia's most respected financial watchdogs, giving it comparable credibility and regulatory weight.
Both brokers operate under tier-one Asian regulators, so neither is a safety risk. The choice here often comes down to which jurisdiction a trader prefers to have legal recourse in, rather than one firm being objectively safer than the other.
Our rating system scores Rakuten Securities marginally higher overall, but this is not driven by a regulatory shortfall at OCBC Securities — both firms meet rigorous compliance standards.
Cost is where Rakuten Securities pulls ahead most clearly. It advertises spreads from 0 pips and charges no per-trade commission, which is a meaningful advantage for active or high-frequency traders.
OCBC Securities also starts spreads from 0 pips but layers on a $0.18/lot commission structure, which can add up noticeably for traders who execute frequent or large-volume orders.
Neither broker charges deposit or withdrawal fees, so funding and cashing out your account won't erode your capital with either platform.
For cost-sensitive traders, especially those trading forex or high-volume instruments, Rakuten Securities's commission-free model is the more economical choice over time.
Both brokers offer a $0 minimum deposit, meaning neither presents a barrier to entry for new traders wanting to start with a small amount of capital.
Leverage is one area where OCBC Securities actually has the upper hand, offering up to 1:5 compared to Rakuten Securities's maximum of 1:3. Traders seeking more leveraged exposure on their positions may find OCBC Securities's offering more flexible.
That said, higher leverage also means higher risk, so beginners in particular should weigh this carefully rather than treating it as an automatic positive.
Rakuten Securities supports its own Proprietary Web and Proprietary Mobile platforms alongside MarketSpeed II, a dedicated desktop-style tool built for more active, data-driven traders.
OCBC Securities offers a similar Proprietary Web and Proprietary Mobile combination, supplemented by its own branded iOCBC platform, tailored closely to the Singapore market.
Both platform suites cover the essentials — web and mobile access — but Rakuten Securities's MarketSpeed II gives it a slight edge for traders who want more advanced charting and order-management tools beyond basic proprietary apps.
Rakuten Securities offers access to five asset classes: Stocks, ETFs, Crypto, Forex, and Indices — giving traders a genuinely diversified toolkit under one account.
OCBC Securities covers four classes — Stocks, ETFs, Indices, and Forex — but notably lacks direct crypto exposure, which may matter to traders wanting that asset class alongside traditional instruments.
For investors who want to consolidate multi-asset trading, including digital assets, into a single brokerage relationship, Rakuten Securities's broader lineup is the more future-proof option.
Rakuten Securities earns our recommendation in this comparison, scoring 3.4/5 against OCBC Securities's 3.3/5 on our independent rating. The win is driven by lower trading costs, a broader market selection, and a more versatile platform lineup.
OCBC Securities is still a very solid option, particularly for traders who value its long-standing Singapore presence (founded 1986), MAS regulation, or its higher maximum leverage of 1:5.
Ultimately, both brokers are reputable, well-regulated choices. Traders prioritizing low costs and asset diversity should lean toward Rakuten Securities, while those wanting a Singapore-anchored platform with higher leverage may prefer OCBC Securities.
The bottom line — category winners and our final pick based on ratings.
Rakuten Securities edges out OCBC Securities overall based on our expert rating score.
Highest Rated
Rakuten Securities
3.4 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.4/5).
Better for beginners
Stronger onboarding and educational resources.
Lower trading costs
More competitive spreads and baseline commissions.
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Our #1 Pick Right Now: AvaTrade
Same category, top-tier regulation, and it's currently accepting new traders.