Interactive Brokers vs Rakuten Securities Australia: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeInteractive BrokersRakuten Securities Australia
Licence Score83Very strong56Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record81
1 FCA United Kingdom Licensed—
1 ASIC Australia LicensedLicensed
1 JFSA Japan Licensed—
1 CFTC / NFA United States Licensed—
1 MAS Singapore Licensed—
1 CIRO Canada Licensed—
1 SFC Hong Kong Licensed—
1 CBI Ireland Licensed—
Founded19782014
HeadquartersUnited StatesAustralia
TypeMulti-asset brokerForex & CFD broker
Publicly listedNASDAQ:IBKRNo
PlatformsProprietaryMT4, MT5
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is Interactive Brokers or Rakuten Securities Australia better regulated?

Interactive Brokers has the higher Licence Score (83 vs 56), based on the number and tier of licences, operating history and public listing.

Which regulators license both Interactive Brokers and Rakuten Securities Australia?

Both are matched to licences from ASIC.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.