Rakuten Securities¥0 commission for Japanese stocks (Super Discount), US stocks from 0.495%
- Published fee
- ¥0 commission for Japanese stocks (Super Discount), US stocks from 0.495%
- Minimum deposit
- 0 ¥
Broker comparison
Rakuten Securities vs.
Upstox
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: October 2026
See comparisonRakuten Securities
UpstoxVS
Summary
Your goal decides.
Rakuten Securities has a higher rating of 4.2/5 compared to Upstox (3.9/5). Rakuten Securities has been in the market since 1999, making it the more experienced provider.
Rakuten SecuritiesJapan's leading online broker with Rakuten ecosystem integration
UpstoxIndian discount broker with Ratan Tata investment and modern app
At a glance
The key differences
| Criterion | Rakuten Securities | Upstox |
|---|---|---|
| Platforms | MarketSpeed II, iSPEED App, Rakuten Web | Upstox Pro App, Upstox Pro Web |
| Product types | Japanese Stocks, US Stocks, Mutual Funds, Bonds, F&O, FX | Indian Stocks, F&O, Commodities, Currency, Mutual Funds, IPOs |
| Options trading | Yes, stock options on OSE | Yes, F&O on NSE/BSE |
| Fee model | ¥0 commission for Japanese stocks (Super Discount), US stocks from 0.495% | ₹0 for delivery, ₹20 per intraday/F&O order |
| Minimum deposit | 0 ¥ | 0 ₹ |
| Regulation | FSA Japan | SEBI |
| More information | Details | Details |
Platforms
Rakuten Securities
MarketSpeed II, iSPEED App, Rakuten Web
Upstox
Upstox Pro App, Upstox Pro Web
Product types
Rakuten Securities
Japanese Stocks, US Stocks, Mutual Funds, Bonds, F&O, FX
Upstox
Indian Stocks, F&O, Commodities, Currency, Mutual Funds, IPOs
Options trading
Rakuten Securities
Yes, stock options on OSE
Upstox
Yes, F&O on NSE/BSE
Fee model
Rakuten Securities
¥0 commission for Japanese stocks (Super Discount), US stocks from 0.495%
Upstox
₹0 for delivery, ₹20 per intraday/F&O order
Minimum deposit
Rakuten Securities
0 ¥
Upstox
0 ₹
Regulation
Rakuten Securities
FSA Japan
Upstox
SEBI
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
Rakuten SecuritiesUpstox₹0 for delivery, ₹20 per intraday/F&O order
- Published fee
- ₹0 for delivery, ₹20 per intraday/F&O order
- Minimum deposit
- 0 ₹
The relevant costs depend on market, currency, order size and trading style.
Execution quality
Order type, venue and liquidity affect execution.
Rakuten SecuritiesCheck the provider’s execution policy and available order types for your account.
Provider informationUpstoxCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
Rakuten SecuritiesJapanese StocksUS StocksMutual FundsBondsF&OFX
UpstoxIndian StocksF&OCommoditiesCurrencyMutual FundsIPOs
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
Rakuten SecuritiesMarketSpeed II · iSPEED App · Rakuten Web
Rakuten Securities offers three platform access points: MarketSpeed II as a professional desktop trading platform with advanced charting and analysis tools, the web platform for browser-based trading, and iSPEED as a mobile app for trading on the go. MarketSpeed II provides algorithmic trading features and comprehensive technical analysis tools that meet professional standards.
Explore platformUpstoxUpstox Pro App · Upstox Pro Web
Upstox Pro is the flagship trading platform, available as web app and mobile app for iOS and Android. It offers TradingView-based charts with over 100 technical indicators, various order types, real-time market data, and a customizable dashboard. The platform supports watchlists, alerts, and clear portfolio management. API access is available for algorithmic trading.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
Rakuten SecuritiesJapan's leading online broker with Rakuten ecosystem integration
- Free trading of Japanese stocks (Super Discount)
- Integration with Rakuten Points and Rakuten Bank
- Over 25 years of experience, FSA-regulated
- Platform mainly in Japanese
- International stocks with higher fees
UpstoxIndian discount broker with Ratan Tata investment and modern app
- Free delivery trading on NSE and BSE
- Modern Upstox Pro platform with TradingView charts
- Notable investors (Ratan Tata, Tiger Global)
- Only Indian markets accessible
- Occasional server outages during high volume
Find the broker that fits
Rakuten Securities oder Upstox?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Your questions
Frequently asked questions
How do fees differ between Rakuten Securities and Upstox?
Rakuten Securities: ¥0 commission for Japanese stocks (Super Discount), US stocks from 0.495%. Upstox: ₹0 for delivery, ₹20 per intraday/F&O order. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Rakuten Securities or Upstox?
Rakuten Securities offers Japanese Stocks, US Stocks, Mutual Funds, Bonds, F&O, FX. Upstox offers Indian Stocks, F&O, Commodities, Currency, Mutual Funds, IPOs.
How are Rakuten Securities and Upstox regulated?
The broker profiles list FSA Japan for Rakuten Securities and SEBI for Upstox. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Rakuten Securities or Upstox better for beginners?
Rakuten Securities lists a 0 ¥ minimum deposit and offers MarketSpeed II, iSPEED App, Rakuten Web. Upstox lists 0 ₹ and offers Upstox Pro App, Upstox Pro Web. Compare usability, available products and costs for your intended use.
Rakuten Securities vs Upstox: Which broker is better overall?
The choice between Rakuten Securities (4.2/5, 1400 reviews) and Upstox (3.9/5, 1600 reviews) depends on your needs. Rakuten Securities: Japan's leading online broker with Rakuten ecosystem integration. Upstox: Indian discount broker with Ratan Tata investment and modern app.
Your next step
Your next step
Rakuten SecuritiesJapan's leading online broker with Rakuten ecosystem integration
Open accountRead reviewUpstoxIndian discount broker with Ratan Tata investment and modern app
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.