This is a blog like a memo that summarizes only part of the information that I usually check forex companies in Japan and overseas.
This time is about the forex broker name is 'OANDA Japan'.
Introduction
In Japan, the forex broker in which you can use MT4, is OANDA.
Since OANDA has a trust agreement with Sumitomo Mitsui Banking Corporation and FX Clearing Trust (SBI Group) under the guidance of the Financial Services Agency of Japan, the customer's funds will be returned to the customer even if OANDA goes bankrupt. It is a mechanism and there is a sense of security.
Therefore, it is highly recommended for those who want to trade systems and those who want to accurately verify their own methods in a safe environment where funds are well protected.
Personally, OANDA's original free tool called "Order Book" is an excellent tool that allows you to instantly check the order and position status of customers around the world, and it is quite useful for trading.
Home Page
Trading Tools
MT4, MT5, TradingView, fxTrade
Account Types
Tokyo, Basic, Pro
Instruments
Forex Trading, Commodities
Currency pairs
69 currency pairs - majors, crosses and exotics
Max leverage
Leverage up to 25:1
Zero cut system
Not included
*In order for customers to trade with peace of mind, even if the margin balance becomes negative, no margin will be issued.
Supports
mail, Official LINE
Demo Trading
Not available
Deposits and Withdrawals
-Deposits
There are two types, "direct deposit" and "normal deposit".
Direct deposits can be immediately reflected on the transaction screen and can be used free of charge for 24 hours in principle.
It can be used from any of the seven banks of Mitsubishi UFJ Bank, Mizuho Bank, Sumitomo Mitsui Banking Corporation, Rakuten Bank, Japan Net Bank, Japan Post Bank, and SBI Sumishin Net Bank.
Normal deposit is a deposit method that transfers money from financial institution counters and ATMs nationwide. The transfer fee is paid by yourself. The deposit destination banks are Mitsubishi UFJ Bank, Mizuho Bank, Sumitomo Mitsui Banking Corporation, and Japan Post Bank.
-Withdrawals
Domestic banks only. There is no fee.
Bonus
Free many indicators
Average Spread(*USDJPY)
Tokyo: 0.3~0.4pips
Basic: 0.4pips
Pro: 0.8pips
Commission
All type none
Loss Cut Level
Tokyo: When the effective margin falls below the required margin If a loss cut occurs, the open interest with the largest loss will be settled.
Basic course, Pro course: Settlement of all positions and order cancellation when the margin clearing ratio is 100% or more
*The loss cut level is the current margin percentage which Forex company forcely closes the all orders.
Stop level (*USDJPY)
0pips
*“Stop Level” is the minimum parameter where traders can set pending orders like “Take Profit” and “Stop Loss” from.
Refer a friend program
Available
License
Registration number of financial instruments business: Kanto Finance Bureau Director (Kinsho) No. 2137
Company
Company name: OANDA Japan
Country: Japan