Rakuten Securities HK Announces Termination of Trading Station II

Fazzaco learned that Rakuten Securities Hong Kong Ltd., a wholly owned subsidiary of Rakuten Securities, Inc., has terminated its services to provide Trading Station II (TSII). 

As detailed in the official press release, clients who have Rakuten FX account should have seen their account balance and open positions transferred to Rakuten FX. The pending orders were cancelled on TSII and did not transfer to Rakuten FX.

Clients who did not have a Rakuten FX account and had funds in an account for TSII will see their account balance and open positions transferred to the newly created Rakuten FX trading account with limited trading functionalities. Traders cannot open positions in their newly created Rakuten FX trading account until they provide the required documents according to relevant regulatory requirements to the broker. This should happen no later than 31 December 2021.

​Rakuten FX offers trading in 40 currency pairs, allowing seven popular order types.

As Fazzaco reported earlier, Rakuten Securities posted its financial results for the last quarter, ending March 31 2021. Net income rose to 3.57 billion yen in the last quarter, compared to 2.68 billion yen in the previous year.