Rakuten Securities to start offering demo trading on MARKETSPEED FX platform in June

Maria Nikolova

The Japanese retail FX broker will start accepting applications for demo accounts for MARKETSPEED FX on June 4, 2018.

Japanese retail Forex broker Rakuten Securities, a subsidiary of Rakuten Inc (TYO:4755), is making the next step towards enlarging its client base by offering trading in demo environment on its proprietary Rakuten FX platform, in particular – its desktop version MARKETSPEED FX.

Earlier today, the broker announced that demo trading on Rakuten FX will soon be available, as the company will start accepting applications for Rakuten FX demo accounts from June 4, 2018.

To apply for a demo account, traders have to enter their user name and email address from a form on Rakuten’s website. After that, they will receive an e-mail containing the login ID and password of the demo account. After the download of MARKETSPEED FX, they will be ready for FX Demo trading. The use of the platform will be free of charge and traders can use virtual funds of JPY 5 million.

Opening a Rakuten FX demo trading account is possible also for those that do not have an account with Rakuten Securities. Rakuten FX’s demo trading account is set to allow traders to make use of trading conditions similar to those in live environment.

Another of the online trading companies that is a part of the “Rakuten family” – Rakuten Securities Hong Kong Limited, also offers demo trading on Rakuten FX (and MARKETSPEED FX, in particular). The platform offers trading in a variety of currency pairs. The supported order types include: AS Streaming, Streaming, Stop, Limit, OCO, IFD, and IFO. There are also 40 indicators and fast one-click order execution.

The latest platform upgrade saw the addition of Reuters RSS news on MARKETSPEED FX, iSPEED FX and Rakuten FX Web. There is also greater margin flexibility. After the changes, only 1 side requires margin (an entry order does not require margin), whereas margin counts on the side that requires larger amount.

Japan’s Rakuten Securities plans more initiatives for owners of demo accounts for Rakuten FX, as trading contests are poised to launch in July.

Read this next

Digital Assets

Germany-focused DekaBank taps METACO for digital asset custody offering

“Digital assets are a critical part of the future, a radical new way for how assets will be represented, from currencies to real estate.”


Eventus launches AML solution for TradFi and digital asset space

“Firms operating in traditional financial markets and digital assets alike are facing greater challenges than ever to protect themselves from those presenting a risk to their businesses and reputations, along with their standing with government regulators.”

Industry News

Qomply launches direct-to-FCA trade report solution that bypasses ARM

“Certainly, for back-reporting large volumes of data, QomplyDirect removes extra ARM fees by offering the flexibility of sending reports directly to the FCA via a firm’s own infrastructure.”

Executive Moves

BNP Paribas AM appoints Geoff Dailey as Deputy Head of US Equities

“Geoff has more than 20 years’ experience in the industry and as a key, senior member of the team with a strong investment pedigree and leadership profile, he is the natural successor for Pam.”

Retail FX

BUX joins forces with BlackRock for iShares ETFs offering in 7 European countries

“By joining forces with Blackrock, a renowned expert in financial markets and products, we have created a good solution for clients that are overwhelmed by the choice of products and don’t know how and when to start investing. Together, BUX and BlackRock can make a real impact on how Europeans invest and approach their financial future.”

Retail FX

CMC Invest gets in-principle approval to launch shares, ETFs, futures, and options in Singapore

“This announcement is a major milestone and validation for CMC Markets. Our business has been offering CFDs in Singapore since 2007, but the Capital Markets Services Licence for CMSI will allow us to serve our clients with more robust investment products, including shares and ETFs.”

Executive Moves

Eightcap hires ex-IG, ex-StoneX Alex Howard as CEO

“In my first weeks, the priority is to immerse myself in the business, including connecting with the global team, developing a nuanced understanding of strategy and operations, and listening to clients.”

Digital Assets

OneCoin founder Ruja Ignatova is selling penthouse in UK

OneCoin founder Ruja Ignatova, who steered one of the world’s biggest cryptocurrency frauds, is back into the spotlight more than five years after vanishing from the public eye.

Digital Assets

Bitpay taps MoonPay to offer access to +60 cryptocurrencies

Crypto payment service provider Bitpay said it’s partnering with exchange and web3 infrastructure provider MoonPay to provide its users with easier access to buy cryptocurrency instantly.