I am looking for japanese forex brokers ,not brokers who have japanese on their site but real japanese brokers located in Japan. It seems impossible to find them online... Does anyone know of any???
Thanks
Thanks
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DislikedThey have many brokers in Japan for the markets. But all are in Japanese....funny that. And I don't think they would allow you to open an account anyway....unless you live there .....or poss a Japanese living O/S.
GFT have a office in Tokyo.Ignored
DislikedI am looking for japanese forex brokers ,not brokers who have japanese on their site but real japanese brokers located in Japan. It seems impossible to find them online... Does anyone know of any???
ThanksIgnored
DislikedHello(Ohayou-gozaimasu), Tznef!
The attachment is Gaitame.com's quotes and interest swap rates. This forex broker is most famous in Japan and they have about 170,000 customer's live accounts in this September. We heard this forex broker occupies 60% of Japanese forex brokers' accounts.
If I remember right, customers living in Japan can only open an individual account with Japanese forex brokers?
(I didn't open account at GFT Japan and CMC)
About me, when I started forex trading, I opened an account at Gaitame.com. But one transaction fee is 5 pip, spread tends to widen during economic indicator announcement and slippage occurs. Although I opened accounts with FXCM Japan and Himawari(sunflower) Securities, no transaction fee, but many disadvantages. Therefore I have used US forex brokers since last spring.Ignored
DislikedThe attachment is Gaitame.com's own platform. Their leverage ratio is 10:1 (for example, USD/JPY $10,000 ....required margin money:100,000 yen).
But, another Japanese forex brokers almost use overseas forex broker's platform(i.e. Saxo, GFT, FXCM etc...).
In Japan, forex industry hasn't been sophisticated yet. Server down and login trouble often occur during important economic indicators announcement. Meanwhile, Gaitame.com customers' margin deposits are protected against the forex broker's bankruptcy, so Japanese forex investors seem to tend...Ignored
DislikedI agree, most of the important broker in japan does not even offer ATS to their customers, even those using protrader, disable the automated trading....that sucks in my opinion.Ignored
DislikedI am looking for japanese forex brokers ,not brokers who have japanese on their site but real japanese brokers located in Japan. It seems impossible to find them online... Does anyone know of any???
ThanksIgnored