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WikiFX

Score

9.00 /10
Best

Rakuten Securities Australia

Hong Kong

15-20 years

Regulated in Australia

Market Making(MM)

MT4/5 full license

Regional Brokers

Medium potential risk

Influence

AAA

Better than 90.2% brokers
Open Account
Website

Score

License Index9.22

Business Index8.90

Risk Management Index8.90

Software Index8.30

Regulatory Index9.20

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

AAA

Better than 90.2% brokers
Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Provide service support by WikiFX

Single Core

1G

40G

Open for free

Contact number

English

+61 2 9247 2483

Broker Information

More

Company Name

Rakuten Securities Hong Kong Limited.

Company Abbreviation

Rakuten Securities Australia

Platform registered country and region

Hong Kong

Company website

Twitter

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Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts Previous Detection: 2022-08-17
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months, please be aware of the risk!

WikiFX Risk Alerts

Previous Detection 2022-08-17

Pyramid scheme complaint
Expose
Others

Rakuten Securities is a unreliable platform

I didn’t want to expose the platform at first, but I am really angry when I saw Rakuten Securities’ s score rank at No. 7. I would like to share you my sad story related to this platform. I deposited in the account on 2 Jan., 2019, when the server have been offline for several hours. When I asked for explanations, the employees made no reply. The server went back to normal on 3 Jan. before the market opened and when the market opened, a mega JPY move showed up. Now I should tell you what shameless things they did. First, the platform said there was a fixed spread in 95% of a day. However, pay attention to the rest of 5% when spreads were unfixed and big movement happened with unimaginable big spreads. I mean, when the market opened on 3 Jan., you had to pay a service fee of over 1,500 dollars if you traded one hand USDJPY. Is it exciting? This is the first shameless thing they did. Second, When there were big movements in the market, they would close trading. It is impossible for them to stop doing something before wipe out your account. When you got profits, you didn’t expected to sale orders, and when you lost, you couldn’t cover and lock position. There was nothing you could do. When your account wiped out, the platform could close out the orders. The market movement depends on its will. Third, They will give you cold shoulder when you are caught into problems. They will pass the buck with an excuse of mobility. Is it shameless for the platform to deny the evidence? The trading journal won’t tall lies. The above are enough. Keep away from it, everyone!

季晓东
2019-07-04 20:19
Sources

News

NewsRakuten Has Begun To Accept Orders for US Stock Margin Trading

Rakuten Securities, a large Japanese foreign exchange broker, said on Saturday that it would begin taking orders for US stocks.

WikiFX
2022-07-11 16:47
Rakuten Has Begun To Accept Orders for US Stock Margin Trading

NewsALLEGED FOREX SCAM: THE COURT ORDERS CBN TO UNFREEZE THE ACCOUNT OF OF OJUKWU'S THAT HAS BEEN FROZEN

The federal high court in Abuja has ordered the central bank of Nigeria, CBN, to unfreeze the account of ojukwu that has been frozen which is controlled by Mr. chikaosolu ojukwu and his firm, stabilization energy ltd.

WikiFX
2022-05-01 12:00
ALLEGED FOREX SCAM: THE COURT ORDERS CBN TO UNFREEZE THE ACCOUNT OF OF OJUKWU'S THAT HAS BEEN FROZEN

NewsWikiFX Does Your Homework For You

The anatomy of a Forex broker is another knowledge of its own, in addition to practical trading. Before a trader could dive into the currency markets, he needs to first find a credible broker with whom he deposits his capital.

WikiFX
2022-03-16 17:02
WikiFX Does Your Homework For You

NewsRakuten Securities Revenue Continues to Rise, Q3 Profit Jumps 15%

The broker generated 6.89 billion yen from its past nine months’ business.

WikiFX
2021-12-16 13:12
Rakuten Securities Revenue Continues to Rise, Q3 Profit Jumps 15%
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consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error correction, please send the information to:qawikifx@gmail.com
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