Rakuten’s Japanese and Hong Kong services have different accounts, pricing and margin procedures. Japan combines proprietary Rakuten FX with a separate MT4 service and broader securities access; Hong Kong’s published offer centres on leveraged foreign exchange through Rakuten FX. The region and account should be established before comparing a spread or platform feature.[1][33]
Choose the market and account structure first
Sections ↑At a glance01
How the service is organised
| Service | Available route | Practical boundary |
|---|---|---|
| Japan: FX-focused account | FX, MT4 FX, investment funds and Rakuten Money Fund | CFD and other product permissions can require separate activation.Source 1 |
| Japan: general securities account | Wider securities and investment access | Stocks and other investment services have their own terms; an FX login does not make every product active.Source 1 |
| Japan: Rakuten MT4 | Additional account opened through Rakuten FX | Separate credentials, trading ledger and rules.Source 16 |
| Hong Kong: Rakuten FX | Individual and corporate FX accounts | USD or HKD account denomination; 46 currency pairs in the published conditions.Source 21 |
The former Australian Rakuten Securities business was renamed AT Global Markets (Australia) after ATFX’s acquisition. Its current offering belongs in the ATFX profile; historic Australian MT4 terms should not be carried into this Rakuten profile.[42]
At a glance02
Japan: opening and residency criteria
| Requirement | Published condition |
|---|---|
| Age and financial assets | FX applicants must be at least 18 and under 80, with financial assets of at least JPY 1 million.Source 1 |
| Identity workflow | The FX-focused route requires My Number submission through the supported smartphone/tablet workflow.Source 1 |
| Non-resident applicants | The Japanese FAQ says non-residents cannot open an account.Source 39 |
| Moving overseas | Notify the broker before becoming non-resident; trading restrictions and product-specific exit or retention procedures apply.Source 18 |
At a glance03
Hong Kong: account-opening routes
| Route | Funding or documentation | Important distinction |
|---|---|---|
| Online individual | At least HKD 10,000 from a same-name account at a licensed Hong Kong bank | The initial transfer supports the online identification procedure.Source 22 |
| In-person individual | No initial-deposit requirement stated for office opening | Bring photo ID, bank-account proof and a passport when required for non-permanent residents.Source 22 |
| Corporate | Application, director/shareholder identification, corporate resolution and company records | Ownership/control evidence and recent registry or incumbency documents are required; arrange an appointment.Source 23 |
Japan: FX contracts and position limits
Sections ↑At a glance04
The two Japanese FX services
| Term | Rakuten FX | Rakuten MT4 |
|---|---|---|
| Currency pairs | 38 | 24Source 4Source 12 |
| Smallest trading unit | 1,000 base-currency units | 1,000 units = 0.01 MT4 lot; 1 lot = 100,000 unitsSource 4Source 12 |
| Maximum single order | 5 million units | 2 million unitsSource 2Source 12 |
| Aggregate positions and orders | JPY 10 billion equivalent | JPY 10 billion equivalentSource 2Source 12 |
| Separate dealing commission | None | None; the bid/ask spread still appliesSource 2Source 12 |
At a glance05
Japan: pair-specific holding caps
| Pair group | Published maximum |
|---|---|
| Most Rakuten FX pairs | 30 million base units per pairSource 4 |
| ZAR/JPY, MXN/JPY and HUF/JPY on Rakuten FX | 100 million base units per pairSource 4 |
| CNH/JPY on Rakuten FX | 25 million base unitsSource 4 |
| ZAR/JPY and MXN/JPY on Rakuten MT4 | 100 million base units per pair; other listed pairs 30 millionSource 12 |
Japan: leverage, margin calls and liquidation
Sections ↑At a glance06
Rakuten FX leverage courses
| Retail course | Initial margin | Selectable liquidation ratio |
|---|---|---|
| 25:1 | 4% | 50–95%, in 5-point stepsSource 5 |
| 10:1 | 10% | 40–95%, in 5-point stepsSource 5 |
| 5:1 | 20% | 20–95%, in 5-point stepsSource 5 |
| 2:1 | 50% | 20–95%, in 5-point stepsSource 5 |
| 1:1 | 100% | 20–95%, in 5-point stepsSource 5 |
| Corporate | Pair-specific, recalculated under the corporate schedule | 50%; retail leverage-course selection does not applySource 5 |
Rakuten FX initially sets a retail account to the 25:1 course with a 50% liquidation ratio. Reducing leverage or increasing certain liquidation settings while positions or orders exist is restricted. Corporate margin rates are reviewed weekly and changes can affect existing positions.[5][2]
At a glance07
Rakuten FX: three separate account events
| Event | Trigger | Required response or result |
|---|---|---|
| End-of-day margin call | 25:1 and corporate accounts fall below 100% maintenance ratio at the daily assessment | Fund or close positions by 18:00 JST on the calendar day of that closing assessment, or the next trading day when that date is not a trading day.Source 6 |
| Market recovery after a call | The market restores the ratio without a qualifying remedy | Recovery alone does not discharge the call; the published procedure still requires funding or closure.Source 6 |
| Unresolved margin call | The deadline passes without the required remedy | All positions are forcibly closed; new orders may already have been cancelled.Source 6 |
| Intraday liquidation | Net asset value / required margin falls below the selected threshold | All positions are closed under Rakuten FX’s loss-cut procedure. Assessment intervals and price gaps can increase the loss.Source 7 |
At a glance08
Rakuten MT4 uses a different closeout procedure
| Item | MT4 treatment |
|---|---|
| Opening margin | Retail orders require 4% of notional; required margin is fixed intraday and recalculated at each daily close.Source 12 |
| Closeout | At a margin level of 100% or less, positions with the largest losses close first until the ratio exceeds 100%; a market move can result in all positions closing.Source 15 |
| Additional-margin-call system | No separate oisho system for either retail or corporate MT4 accounts. This does not remove liability for a deficit.Source 15 |
| Loss exceeding funds | The published MT4 rules require prompt repayment of losses beyond deposited margin.Source 12 |
Japan: quoted spreads and overnight adjustments
Sections ↑At a glance09
Rakuten FX USD/JPY: size and time both matter
At a glance10
Selected Rakuten MT4 advertised spreads
| Instrument | Published spread in pips |
|---|---|
| EUR/USD | 0.5Source 13 |
| GBP/USD | 0.8Source 13 |
| AUD/USD | 0.7Source 13 |
| EUR/JPY | 1.0Source 13 |
| AUD/JPY | 1.1Source 13 |
| USD/CAD | 2.0Source 13 |
| Dated exception | The 9 October 2026 advertisement excludes 12 October because of reduced US-holiday liquidity.Source 13 |
At a glance11
Japan: swaps, cash accounting and conversion
| Item | Treatment |
|---|---|
| Rakuten FX rollover | Swap days follow interbank settlement dates rather than simply the number of calendar days a trade was held.Source 9 |
| Rakuten FX posting | Daily swaps affect net assets; cash settlement occurs on the following business day. The schedule uses a 10,000-unit reference and specified rounding.Source 9 |
| Rakuten MT4 rollover | Applied to the balance at 06:00 JST in US daylight-saving time and 07:00 in standard time. Posted swaps can be transferred within the available amount.Source 13 |
| Yen deficit with USD collateral | Rakuten FX calculates P&L and swaps in yen. Holding USD does not automatically eliminate a negative yen cash balance.Source 8 |
| Automatic currency conversion | The weekly test can lead to conversion of USD collateral when the specified net-asset ratio is below 50% and the notified remedy deadline is missed.Source 8 |
At a glance12
Japan: cash deficits and the conversion spread
| Item | Published rule |
|---|---|
| Cash-deficit deadline | A deficit assessed at New York close must be funded into Rakuten FX by 15:00 JST on its settlement date, the second following business day.Source 3 |
| Foreign currency converted to yen | The offered conversion rate incorporates a 25-sen spread. Conversion is available during FX trading hours.Source 3 |
Japan: order controls and automation
Sections ↑At a glance13
Order features with practical consequences
| Feature | How it behaves |
|---|---|
| Rakuten FX close-all functions | Unavailable if the relevant net difference exceeds 5 million units; positions attached to active repeat orders are excluded.Source 2 |
| Opposite positions on MT4 | Margin uses the larger side of a pair. Holding both sides can still incur two spread costs and an adverse net swap.Source 15 |
| MT4 trailing stops | Only trail while MT4 is running; the last submitted stop remains after logout.Source 12 |
| MT4 EAs and testing | Expert Advisors, backtesting and custom indicators are supported. The broker does not develop or endorse external EAs, and coding guidance is outside support.Source 11 |
At a glance14
Platform access and scheduled interruptions
| Service | Published operational detail |
|---|---|
| Rakuten FX | MARKETSPEED FX, Rakuten FX-WEB and iSPEED FX provide the proprietary FX interfaces.Source 2 |
| Rakuten MT4 access | Open the MT4 account through Rakuten FX, then use its separate login and the appropriate live or demo server.Source 16 |
| MT4 login password | Generate it through the Rakuten account interface for each login; it is valid for two minutes after issue.Source 15 |
| Japan FX dealing week | Normally Monday 07:00 to Saturday 06:55 JST; the ending time is one hour earlier during US daylight saving.Source 2 |
| Japan daily maintenance | Normally 06:55–07:10 JST, one hour earlier during US daylight saving; separate planned maintenance can also interrupt service.Source 10 |
Japan: moving money between trading ledgers
Sections ↑At a glance15
Rakuten FX bank funding and withdrawals
| Action | Published route |
|---|---|
| Bank deposit | FX real-time deposit and FX easy deposit transfer funds directly from the client’s bank into Rakuten FX without a broker fee.Source 20 |
| General-account transfer | Existing cash can be moved directly from the general securities account into the FX ledger.Source 20 |
| Bank withdrawal | FX withdrawal and FX easy withdrawal send the selected amount to the registered bank account without a broker fee; the route also supports MT4, MT4 CFD and binary-options ledgers.Source 20 |
At a glance16
MT4 deposits and internal transfers
| Action | Published rule |
|---|---|
| Direct bank funding | FX real-time/easy deposit can target the MT4 account. Rakuten Bank and Mizuho routes need the relevant prior bank-link registration.Source 14 |
| Internal transfer | Available through the securities or Rakuten FX interface, including weekends except maintenance periods.Source 14 |
| Transfer out of MT4 | Limited to the smaller of balance minus required margin and free margin. Removing all available funds with positions open can trigger liquidation.Source 14 |
| Fees and reconciliation | Rakuten FX–MT4 transfers are free. Check the destination balance after completion; an internal transfer is separate from a bank withdrawal.Source 15Source 14 |
Hong Kong: account conditions and trading interface
Sections ↑At a glance17
Hong Kong Rakuten FX essentials
| Term | Published condition |
|---|---|
| Contract range | 1,000–5,000,000 base units per orderSource 21 |
| FX commission | Zero separate dealing commissionSource 21 |
| Order duration | Day, week or good-till-cancelledSource 21 |
| Trading week, HKT | Summer: Monday 06:00 to Saturday 04:55; winter: Monday 06:00 to Saturday 05:55.Source 21 |
| Daily maintenance, HKT | Tuesday–Saturday 04:55–05:10 in summer, or 05:55–06:10 in winter. Orders cannot be placed during maintenance.Source 21 |
At a glance18
Hong Kong platforms
| Interface | Useful functions |
|---|---|
| MARKETSPEED FX desktop | Chart-based orders, custom layouts, account reports, nine chart types and 44 indicators.Source 34 |
| iSPEED FX mobile | Four-chart display, AS SPEED dealing, configurable alerts and a personal trading workspace.Source 34 |
| Rakuten FX Web | Browser access for Windows and Mac, with most desktop trading functions; the published list specifies over 30 indicators.Source 34 |
| Demo | Free practice with USD 100,000 virtual funds; this is not evidence of live fill quality.Source 38 |
At a glance19
Hong Kong order types
| Order | Behaviour |
|---|---|
| Streaming | Can open a separate opposite position using hedging.Source 35 |
| AS Streaming / AS SPEED | Automatically chooses opening or closing; opposite positions are closed rather than hedged. AS SPEED is the mobile interface.Source 35 |
| Leave order | A limit or stop instruction at a specified price.Source 35 |
| IFD | Entry plus one conditional exit.Source 35 |
| OCO | Two linked alternatives; executing one cancels the other.Source 35 |
| IFO | Entry plus a linked stop-loss/take-profit pair.Source 35 |
| AS position selection | FIFO is the default; LIFO and profit/loss ordering are available. Swap P&L is excluded from that selection calculation.Source 35 |
Hong Kong: spreads and margin exceptions
Sections ↑At a glance20
Hong Kong execution and counterparty exposure
| Issue | What the policy says |
|---|---|
| Order routing | The company describes straight-through processing and identifies Rakuten Securities in Japan as Rakuten FX’s sole liquidity provider. This is the broker’s published execution model.Source 32 |
| Price formation and fills | Quotes incorporate liquidity-provider pricing and a spread. Market orders can fill away from the displayed quote; the policy does not allow a client-set slippage limit for IFD/OCO orders.Source 32 |
| Overnight gaps | A pending limit order crossed by the next opening quote can execute at that opening price.Source 32 |
| Counterparty and liquidity risk | The execution-risk document names the broker and its affiliates as FX counterparties and describes default and settlement exposure. Insufficient liquidity can prevent timely opening or closure.Source 31 |
At a glance21
Volume-based ladder pricing
| Condition | Published treatment |
|---|---|
| Eligible size-based discount | The broker publishes narrower spreads for larger individual orders on ten selected pairs.Source 24 |
| Illustrative published floor | Its AUD/USD example uses a 0.5-pip spread for a single 500,000-unit order.Source 24 |
| Eligible order methods | Streaming, AS Streaming and AS SPEED; leave orders do not receive the ladder discount.Source 24 |
| Forced closure | Loss-cut and broker auto-liquidation positions do not receive ladder spreads.Source 24 |
| Aggregation | The discount follows each order’s size; close-all for one pair uses the net amount.Source 24 |
At a glance22
Hong Kong margin by currency group
At a glance23
Hong Kong margin warnings and rollover
| Event | Published treatment |
|---|---|
| Standard initial warning | At or below 100% margin status, new opening trades are blocked.Source 25 |
| Standard margin-call warning | At or below 60% margin status.Source 25 |
| Standard liquidation | At or below 40% margin status, all open positions are automatically closed.Source 25 |
| Formal daily margin call | The policy assesses maintenance at 05:00 HKT in summer or 06:00 in winter, Tuesday–Saturday.Source 26 |
| Rollover posting | Credit/debit reaches the balance on the next trading day, within one hour after market opening.Source 25 |
Hong Kong: funding, withdrawals and non-trading costs
Sections ↑At a glance24
Deposit methods
| Route | Currency | Published processing |
|---|---|---|
| eDDA | HKD | Usually within five minutes after setup; some banks take 1–5 business days to authorise the initial bank link.Source 28 |
| FPS | HKD | Approximately one business day after deposit; the broker requests payment confirmation.Source 28 |
| Bank transfer or cheque | HKD / USD | Bank clearing and document checks apply.Source 28 |
| Broker deposit charge | Supported local transfer, international wire or cheque | No broker fee; sending, intermediary and receiving banks may charge.Source 27 |
At a glance25
Withdrawal and dormancy fees
| Item | Published fee |
|---|---|
| Local bank wire | USD 7 or HKD 50Source 27 |
| International bank wire | USD 20 or HKD 150, plus potential bank chargesSource 27 |
| E-cheque / paper cheque collected in person | No chargeSource 27 |
| Paper cheque by post | USD 7 or HKD 50Source 27 |
| Cheque stop-payment | HKD 100Source 27 |
| Dormant account | After more than 12 months without trading: HKD 200 or USD 25 per year, according to account currency.Source 27 |
At a glance26
Currency conversion and withdrawal timing
| Item | Published treatment |
|---|---|
| HKD converted to USD | The fee schedule quotes HKD 7.85 per USD.Source 27 |
| USD converted to HKD | The schedule quotes HKD 7.75 per USD; both conversion rates can change at the broker’s discretion.Source 27 |
| Withdrawal processing | Within two business days after receipt; the cutoff is 16:30 HKT on business days.Source 29 |
| Bank arrival after processing | Local wires normally take 1–2 business days; international wires normally 3–5. These are separate from the broker’s processing period.Source 29 |
| Bank-account ownership | Third-party withdrawals are not accepted; the bank-account name must match the client.Source 29 |
| Reactivating a dormant account | A reactivation form and a deposit or withdrawal transaction are required.Source 29 |
Client money, liability and service access
Sections ↑At a glance27
Protection and contract boundaries
| Scope | What the source establishes |
|---|---|
| Japan FX margin | Rakuten says FX collateral is held separately from its own money through banks conducting trust business. Product-specific protection rules should be read separately from securities custody.Source 17 |
| Hong Kong client money | The company says client funds are segregated at locally licensed banks. This describes custody arrangements, rather than a guarantee of trading outcomes.Source 33 |
| Hong Kong deficit liability | The client agreement preserves responsibility for account deficits. Closing or terminating an account does not cancel existing liabilities.Source 30 |
| Hong Kong dispute route | The agreement provides for arbitration under Hong Kong’s leveraged-FX arbitration rules when requested by the client.Source 30 |
At a glance28
Authentication and support
| Service | Published provision |
|---|---|
| Hong Kong OTP | SMS one-time codes expire after 300 seconds; an SMS/voice-call alternative can be arranged.Source 36 |
| Hong Kong biometric login | Configure and bind the device through iSPEED FX; the selected 2FA method applies across mobile, web and desktop.Source 36 |
| Hong Kong client service | Monday–Friday 09:00–18:00 HKT, excluding public holidays; +852 2119 0116 and [email protected].Source 37 |
| Hong Kong office | The current contact page gives Unit 1701, 17/F, Nexxus Building, 41 Connaught Road Central. Confirm the appointment location because the corporate-application page retains an older floor.Source 37Source 23 |
| Japan support | Dedicated product and account-support routes are published through the Japanese customer-service centre; EA programming is outside MT4 support.Source 19Source 11 |
The account tables reflect public company documents checked on 10 October 2026. They do not report account-opening, execution, support-response or withdrawal tests. Quoted spread advertisements and funding estimates should be read with their stated date, order size, market conditions and processing stage.
Company background & evidence
Sections ↑Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Rakuten Securities, Inc. (楽天証券株式会社)
JapanSource 40
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Services AgencyKanto Local Finance Bureau (Kinsho) No. 195 | Authorised | Checked 10 Oct 2026Listed in the government register dated 31 August 2026.Source 40 |
Rakuten Securities Hong Kong Limited
Hong KongSource 41
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Securities and Futures CommissionAIM232 | Authorised | Checked 10 Oct 2026Current active Type 3 leveraged-FX entry.Source 41 |
Sources & further reading
- FX-focused and general-account access in Japan Rakuten Securities · Accessed 10 Oct 2026
- Rakuten FX service rules and order limits Rakuten Securities · Accessed 10 Oct 2026
- Rakuten FX settlement deficits and currency conversion Rakuten Securities · Accessed 10 Oct 2026
- Rakuten FX pairs, size bands and dated spread advertisement Rakuten Securities · Accessed 10 Oct 2026
- Rakuten FX leverage courses and margin requirements Rakuten Securities · Accessed 10 Oct 2026
- Rakuten FX additional-margin procedures Rakuten Securities · Accessed 10 Oct 2026
- Rakuten FX liquidation and alert thresholds Rakuten Securities · Accessed 10 Oct 2026
- Rakuten FX negative yen balances and conversion Rakuten Securities · Accessed 10 Oct 2026
- Rakuten FX swap calculation and settlement Rakuten Securities · Accessed 10 Oct 2026
- Rakuten FX dealing and maintenance hours Rakuten Securities · Accessed 10 Oct 2026
- Rakuten MT4 automation and platform overview Rakuten Securities · Accessed 10 Oct 2026
- Rakuten MT4 pairs, contract units and trading rules Rakuten Securities · Accessed 10 Oct 2026
- Rakuten MT4 advertised spreads and rollover treatment Rakuten Securities · Accessed 10 Oct 2026
- Rakuten MT4 deposits and internal transfers Rakuten Securities · Accessed 10 Oct 2026
- Rakuten MT4 login, margin and transfer questions Rakuten Securities · Accessed 10 Oct 2026
- Opening and accessing a Rakuten MT4 account Rakuten Securities · Accessed 10 Oct 2026
- Client-asset segregation by product Rakuten Securities · Accessed 10 Oct 2026
- Procedures when becoming a non-resident of Japan Rakuten Securities · Accessed 10 Oct 2026
- Customer service contacts in Japan Rakuten Securities · Accessed 10 Oct 2026
- Rakuten FX direct deposits, withdrawals and transfers Rakuten Securities · Accessed 10 Oct 2026
- Hong Kong Rakuten FX trading conditions Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong individual account opening Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong corporate account application requirements Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong volume-based ladder spreads Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong margin-status warnings and rollover timing Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong FX margin-call and liquidation policy Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong commission and non-trading fee schedule Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong deposit routes and processing Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong withdrawals, client forms and reactivation Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong client agreement Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong execution-risk disclosure Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong order-execution policy Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong entity, group relationship and client money Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong desktop, mobile and browser tools Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong Rakuten FX order types Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong two-factor authentication methods Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong contact details and service hours Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Hong Kong practice-account features Rakuten Securities Hong Kong · Accessed 10 Oct 2026
- Non-residents cannot open a Japanese account Rakuten Securities · Accessed 10 Oct 2026
- Financial-instruments business register, 31 August 2026 Financial Services Agency · Accessed 10 Oct 2026
- Rakuten Securities Hong Kong, CE AIM232 Securities and Futures Commission · Accessed 10 Oct 2026
- Change of name of Rakuten Securities Australia ATFX · Accessed 10 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.