Comparison of Rakuten Securities Hong Kong and Swissquote
| Feature | Rakuten Securities Hong Kong | Swissquote |
|---|---|---|
| Broker | ||
| Year Founded | 1999 | 1996 |
| Broker Type | STP | STP |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SFC | FINMA, CSSF, FCA, DFSA, SFC, MAS |
| Platforms | MetaTrader 4 (MT4), MARKETSPEED FX | MetaTrader 4 (MT4), MetaTrader 5 (MT5), CFXD, TradingView |
| Spread | ⬊ Low | ⬈ High |
| Maximum Leverage | 1:20 | 1:400 |
| Minimum Deposit | $1200 | $1000 |
| Base Currencies | USD, HKD | USD, EUR, JPY, GBP, CHF, CAD, AUD, TRY, PLN, SEK, NOK, SGD, XGD, HUF, CZK |
| Funding Methods | Bank Transfer, FPS, Cheques | Bank transfer (SWIFT/SEPA), Visa, Mastercard |
| Inactivity Fee | HK$200 annual admin fee after 12 months of inactivity | $10 per month after 6 months of inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | Bank wire - depends on sender bank | $10 for standard bank withdrawals; card withdrawals 1.9 % (SEPA) / 0 % (non-SEPA) |
| Investor Protection | Investor Compensation Fund | esisuisse / FGDL |
| Protection Size | HK$500000 | CHF 100 000 / €100 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✖ | ✔ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Currencies | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities, Bonds |
| Review | Rakuten Securities Hong Kong Review | Swissquote Review |
About Rakuten Securities Hong Kong
Rakuten Securities Hong Kong is the SFC-licensed arm of Rakuten Securities Group, designed for local and expat traders who want a Hong Kong–regulated venue for spot FX. Clients trade 40 currency pairs on MarketSpeed FX or MT4 with tight spreads from 0.5 pip and zero commissions. Accounts denominated in HKD or USD start from HK $10000, leverage is capped at 1:20 under SFC rules, and support is available in English, Cantonese and Japanese.
Pros
- SFC regulation (Type 3 licence) and segregated client funds
- Backed by publicly listed Rakuten Group
- Spreads from 0.5 pip with HK$0 commission
- HKD funding via FPS / local bank transfer
- Regular in-person seminars and bilingual support
Cons
- High minimum deposit HK$10000
- Leverage limited to 1:20 by regulation
- FX-only offering - no metals, indices or crypto
- Annual HK$200 maintenance fee after 12 months of inactivity
About Swissquote
Swissquote is Switzerland’s flagship online banking and brokerage group, supervised by FINMA and listed on SIX (SQN). Combining a Swiss bank account with a multi-asset trading hub, it offers 70+ FX pairs, 400+ CFDs on MT4/MT5, the proprietary CFXD platform and TradingView. Retail leverage is capped at 1:100 (EU 1:30), spreads start from 1.7 pips on Standard and 1.1 pips on Prime, while client funds enjoy segregated custody and deposit insurance up to CHF 100 000/€100 000. The broker best suits safety-minded traders who value Swiss banking regulation, high-volume FX/CFD professionals needing FIX/API connectivity, and diversified investors seeking direct access to global exchanges from a single account. Beginners with very small deposits may find the USD 1 000 entry threshold and inactivity fee less attractive than at zero-commission fintechs.
Pros
- Bank-licensed, publicly traded and multi-jurisdictionally regulated
- 70+ FX pairs and 400+ CFDs; real stocks on 30+ exchanges
- Choice of MT4/MT5, proprietary Advanced Trader & FIX API
- Retail negative-balance protection and segregated funds
- Comprehensive research, Autochartist, free market news
Cons
- High minimum deposit ($1 000) and tiered account pricing
- Spreads above industry average on Standard account
- Inactivity fee after 6 months
- No support for Skrill/Neteller/PayPal funding
Rakuten Securities Hong Kong & Swissquote Regulation
| Feature | Rakuten Securities Hong Kong | Swissquote |
|---|---|---|
Companies | Rakuten Securities Hong Kong Ltd | Swissquote Bank Ltd; Swissquote Bank Europe Ltd; Swissquote Ltd (UK); Swissquote MEA Ltd; Swissquote Asia Ltd; Swissquote Financial Services (Malta) Ltd; Swissquote Pte. Ltd; Swissquote Tech Hub Bucharest S.R.L; Swissquote Capital Markets Ltd; Swissquote South Africa (Pty) Ltd |
Countries | Hong Kong, Japan | Switzerland, Luxembourg, UK, Dubai, Hong Kong, Malta, Singapore, Romania, Cyprus, South Africa |
Regulators | SFC | FINMA, CSSF, FCA, DFSA, SFC, MAS |
Investor Protection | Investor Compensation Fund | esisuisse / FGDL |
Investor Protection Size | HK$500000 | CHF 100 000 / €100 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Rakuten Securities Hong Kong
Rakuten Securities Hong Kong Ltd
Swissquote
Swissquote Bank Ltd; Swissquote Bank Europe Ltd; Swissquote Ltd (UK); Swissquote MEA Ltd; Swissquote Asia Ltd; Swissquote Financial Services (Malta) Ltd; Swissquote Pte. Ltd; Swissquote Tech Hub Bucharest S.R.L; Swissquote Capital Markets Ltd; Swissquote South Africa (Pty) Ltd
Countries
Rakuten Securities Hong Kong
Hong Kong, Japan
Swissquote
Switzerland, Luxembourg, UK, Dubai, Hong Kong, Malta, Singapore, Romania, Cyprus, South Africa
Regulators
Rakuten Securities Hong Kong
SFC
Swissquote
FINMA, CSSF, FCA, DFSA, SFC, MAS
Investor Protection
Rakuten Securities Hong Kong
Investor Compensation Fund
Swissquote
esisuisse / FGDL
Investor Protection Size
Rakuten Securities Hong Kong
HK$500000
Swissquote
CHF 100 000 / €100 000
Publicly Traded
Rakuten Securities Hong Kong
Swissquote
Segregated Accounts
Rakuten Securities Hong Kong
Swissquote
Guaranteed Stop Loss
Rakuten Securities Hong Kong
Swissquote
Negative Balance Protection
Rakuten Securities Hong Kong
Swissquote
Account Types
| Account | Rakuten Securities Hong Kong | Swissquote |
|---|---|---|
Market Maker Account | ||
| Account Name | — | Standard |
| Min Deposit | — | $1 000 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.7 |
| Fee | — | No |
| Max Leverage | — | 1:100 |
| Stop Out | — | 30% |
| Margin Call | — | 100% |
STP Account | ||
| Account Name | Forex Account | Premium |
| Min Deposit | HK$10000 | $10 000 |
| Lot Size | 0.01 | 0.1 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.5 | 1.4 |
| Fee | No | No |
| Max Leverage | 1:20 | 1:100 |
| Stop Out | 40% | 30% |
| Margin Call | 100% | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Market Maker Account
Account Name
Rakuten Securities Hong Kong
—
Swissquote
Standard
Min Deposit
Rakuten Securities Hong Kong
—
Swissquote
$1 000
Lot Size
Rakuten Securities Hong Kong
—
Swissquote
0.01
Spread Type
Rakuten Securities Hong Kong
—
Swissquote
Floating
Execution
Rakuten Securities Hong Kong
—
Swissquote
Market
Min Spread
Rakuten Securities Hong Kong
—
Swissquote
1.7
Fee
Rakuten Securities Hong Kong
—
Swissquote
No
Max Leverage
Rakuten Securities Hong Kong
—
Swissquote
1:100
Stop Out
Rakuten Securities Hong Kong
—
Swissquote
30%
Margin Call
Rakuten Securities Hong Kong
—
Swissquote
100%
STP Account
Account Name
Rakuten Securities Hong Kong
Forex Account
Swissquote
Premium
Min Deposit
Rakuten Securities Hong Kong
HK$10000
Swissquote
$10 000
Lot Size
Rakuten Securities Hong Kong
0.01
Swissquote
0.1
Spread Type
Rakuten Securities Hong Kong
Floating
Swissquote
Floating
Execution
Rakuten Securities Hong Kong
Market
Swissquote
Market
Min Spread
Rakuten Securities Hong Kong
0.5
Swissquote
1.4
Fee
Rakuten Securities Hong Kong
No
Swissquote
No
Max Leverage
Rakuten Securities Hong Kong
1:20
Swissquote
1:100
Stop Out
Rakuten Securities Hong Kong
40%
Swissquote
30%
Margin Call
Rakuten Securities Hong Kong
100%
Swissquote
100%
Additional Features
Demo Account
Rakuten Securities Hong Kong
Swissquote
VIP Account
Rakuten Securities Hong Kong
Swissquote
Swap-Free Account
Rakuten Securities Hong Kong
Swissquote
Copy Trading
Rakuten Securities Hong Kong
Swissquote
VPS
Rakuten Securities Hong Kong
Swissquote
PAMM/MAM Accounts
Rakuten Securities Hong Kong
Swissquote
Funding and Fees
| Feature | Rakuten Securities Hong Kong | Swissquote |
|---|---|---|
Base currencies | USD, HKD | USD, EUR, JPY, GBP, CHF, CAD, AUD, TRY, PLN, SEK, NOK, SGD, XGD, HUF, CZK |
Deposit and withdrawal methods | Bank Transfer, FPS, Cheques | Bank transfer (SWIFT/SEPA), Visa, Mastercard |
Inactivity fee | HK$200 annual admin fee after 12 months of inactivity | $10 per month after 6 months of inactivity |
Interest on margin | ||
Withdrawal fee | Bank wire - depends on sender bank | $10 for standard bank withdrawals; card withdrawals 1.9 % (SEPA) / 0 % (non-SEPA) |
Base currencies
Rakuten Securities Hong Kong
USD, HKD
Swissquote
USD, EUR, JPY, GBP, CHF, CAD, AUD, TRY, PLN, SEK, NOK, SGD, XGD, HUF, CZK
Deposit and withdrawal methods
Rakuten Securities Hong Kong
Bank Transfer, FPS, Cheques
Swissquote
Bank transfer (SWIFT/SEPA), Visa, Mastercard
Inactivity fee
Rakuten Securities Hong Kong
HK$200 annual admin fee after 12 months of inactivity
Swissquote
$10 per month after 6 months of inactivity
Interest on margin
Rakuten Securities Hong Kong
Swissquote
Withdrawal fee
Rakuten Securities Hong Kong
Bank wire - depends on sender bank
Swissquote
$10 for standard bank withdrawals; card withdrawals 1.9 % (SEPA) / 0 % (non-SEPA)
Trading Platforms and Conditions
| Feature | Rakuten Securities Hong Kong | Swissquote |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MARKETSPEED FX | MetaTrader 4 (MT4), MetaTrader 5 (MT5), CFXD, TradingView |
Execution Speed | 100 ms | 9 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | high |
Trading Platforms
Rakuten Securities Hong Kong
MetaTrader 4 (MT4), MARKETSPEED FX
Swissquote
MetaTrader 4 (MT4), MetaTrader 5 (MT5), CFXD, TradingView
Execution Speed
Rakuten Securities Hong Kong
100 ms
Swissquote
9 ms
Scalping
Rakuten Securities Hong Kong
Swissquote
Expert Advisors (EAs)
Rakuten Securities Hong Kong
Swissquote
Depth of Market (DOM)
Rakuten Securities Hong Kong
Swissquote
Spread
Rakuten Securities Hong Kong
low
Swissquote
high
Trading Assets
| Asset | Rakuten Securities Hong Kong | Swissquote |
|---|---|---|
Currencies | 40 | 76 |
Indices | 0 | 26 |
Stocks | 0 | 305 |
Cryptocurrencies | 0 | 2 |
Bonds | 0 | 3 |
Metals | 0 | 16 |
Energies | 0 | 9 |
Soft Commodities | 0 | 5 |
ETFs | 0 | 0 |
Currencies
Rakuten Securities Hong Kong
40
Swissquote
76
Indices
Rakuten Securities Hong Kong
0
Swissquote
26
Stocks
Rakuten Securities Hong Kong
0
Swissquote
305
Cryptocurrencies
Rakuten Securities Hong Kong
0
Swissquote
2
Bonds
Rakuten Securities Hong Kong
0
Swissquote
3
Metals
Rakuten Securities Hong Kong
0
Swissquote
16
Energies
Rakuten Securities Hong Kong
0
Swissquote
9
Soft Commodities
Rakuten Securities Hong Kong
0
Swissquote
5
ETFs
Rakuten Securities Hong Kong
0
Swissquote
0
Education and Analytics
| Feature | Rakuten Securities Hong Kong | Swissquote |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Rakuten Securities Hong Kong
Swissquote
Indicators
Rakuten Securities Hong Kong
Swissquote
Robots
Rakuten Securities Hong Kong
Swissquote
Signals
Rakuten Securities Hong Kong
Swissquote
Autochartist
Rakuten Securities Hong Kong
Swissquote
Expert Analytics
Rakuten Securities Hong Kong
Swissquote
News Feed
Rakuten Securities Hong Kong
Swissquote
Education Articles
Rakuten Securities Hong Kong
Swissquote
Webinars
Rakuten Securities Hong Kong
Swissquote
Seminars
Rakuten Securities Hong Kong
Swissquote
Customer Support
| Contact | Rakuten Securities Hong Kong | Swissquote |
|---|---|---|
Email | support@rakuten-sec.co.jp | fx@swissquote.com |
Phone | +85221190116 | +41448258777 |
Facebook | ||
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter | — | |
TikTok | — | TikTok |
Email
Rakuten Securities Hong Kong
Swissquote
Phone
Rakuten Securities Hong Kong
Swissquote
LinkedIn
Rakuten Securities Hong Kong
—
Swissquote
Instagram
Rakuten Securities Hong Kong
—
Swissquote
Twitter
Rakuten Securities Hong Kong
—
Swissquote
TikTok
Rakuten Securities Hong Kong
—
Swissquote
Which Broker is Better?
After comparing Rakuten Securities Hong Kong and Swissquote, Swissquote comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Rakuten Securities Hong Kong Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.