WikiFX

Sagot

Based on my thorough review and personal due diligence as a forex trader, I need to approach Rakuten Bank with significant caution—particularly when considering trading specialized assets like Gold (XAU/USD) or Crude Oil. Rakuten Bank is a well-known Japanese digital bank with a long operational history and a broad suite of banking services, including deposits, withdrawals, transfers, and payment solutions. However, from the available data, I have found no clear, reliable evidence that Rakuten Bank directly offers trading in specific assets such as gold or crude oil to individual traders. One of my key concerns is that Rakuten Bank is not regulated by any recognized financial authority for brokerage services, which imposes a considerable risk to anyone considering trading activities through their platform. There is a notable absence of details about trading platforms or asset classes typically associated with forex and commodity trading. Furthermore, information points to an exclusive focus on traditional banking services rather than leveraged trading or access to instruments like XAU/USD or energy contracts. Given these factors, I personally would not entrust my capital to Rakuten Bank if my goal were to trade gold or crude oil. The risks brought on by the lack of regulation and the absence of dedicated services for these assets outweigh any potential advantages for me. Instead, I continue to prioritize brokers that provide transparent regulation, a proven track record in global markets, and explicit support for the commodities and forex assets I trade.