No data
Do you want to know which is the better broker between eXcentral and Matsui ?
In the table below, you can compare the features of eXcentral , Matsui side by side to determine the best fit for your needs.
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of excentral, matsui lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Generalc Information & Regulation
SAVIRSKY HOLDINGS LIMITED is the holding company of OM BRIDGE (PTY) LTD and eXcentral International. eXcentral International is operated by OM BRIDGE (PTY) LTD (2016/479525/07), a South Africa investment firm, authorised and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa with FSP License Number 48296. OM BRIDGE (PTY) Ltd does not offer services to individuals with Turkish nationality.
Market Instruments
eXcentral offers traders access to many financial tradable instruments, mainly Forex currency pairs, commodities, indices, and stocks.
Minimum Deposit
To meet different traders' trading needs and experience, eXcentral offers four different account types: the Classic Account, the Silver Account, the Gold Account, and the VIP account. The minimum intial deposit to open an basic account is $250, slightly higher than sector industry.
eXcentral Leverage
In respect to trading leverage, the maximum trading leverage is up to 1:400 for forex trading, 1:200 for indices and commodities trading, 1:5 for stock trading, and 1:5 for cryptocurrencies.
Spreads & Commissions
Spreads and commissions vary depending on different trading accounts. The spread for eXcentral Classic and Silver accounts is 2.5 pips for EURUSD, 2.8 pips for GBPUSD, 2.8 pips for USDJPY, and US$0.14 for Crude Oil. For the Gold account, the EURUSD spread is 1.8 pips, the GBPUSD spread is 2.3 pips, the USDJPY spread is 2.3 pips, and the Crude Oil spread is US$0.13. For the VIP account, the EURUSD spread is 0.9 pips, the GBPUSD spread is 1.4 pips, the USDJPY spread is 1.4 pips, and the Crude Oil spread is US$0.10.
eXcentral Trading Platform
eXcentral offers traders the market-leading and highly acclaimed MT4 trading platform. MT4 software is compatible with EA Trading and can be customized to suit their preferences with 30 technical indicators, 3 execution modes, 4 order types, and 9 timeframe interactive charts. MT4 is available for Android and iOS, giving traders the flexibility to choose according to their needs. The MT4 is available for Android and iOS, giving traders the flexibility to choose according to their needs.
eXcentral Trading Tools
Traders can take on Technical Analysis with all the necessary tools, from charts – with various lines and indicators, fundamental analysis, trading calculators, trailing stops and much more.
Deposit & Withdrawal
eXcentral welcomes users to withdraw funds via VISA, MasterCard credit cards (minimum deposit of 250 EUR/USD/GBP, maximum daily withdrawal of 10,000 EUR/USD/GBP), Skrill & NETELLER (minimum deposit of 250 EUR/USD/GBP, maximum withdrawal of unlimited funds) and wire transfer (minimum deposit of 250 EUR/USD/GBP, maximum withdrawal of 10,000 EUR/USD/GBP). EUR/USD/GBP, unlimited withdrawals). Traders are charged 3.5% for credit card withdrawals, 30 EUR/USD/GBP for wire transfers, 2% for Skrill withdrawals, and 3.5% for NETELLER withdrawals.
General Information & Regulation
Matsui Securities was established in 1918 and is a reputable securities company in Japan with 142 employees on staff. Matsui Securities currently holds a retail foreign exchange license from the Financial Services Agency of Japan (license number: 2010001057425).
Market Instruments
Matsui Securities offers investors financial products such as stock(spot trading), stock(margin trading), investment trusts, initial public offerings, stock lending services, PTS, bid sales, futures or options trading, foreign exchange, ETFs, real estate investment trusts, etc.
Minimum Deposit
There seems no minimum deposit related information displayed on Matsui Securities website. Moreover, Investors can open specific accounts, NISA accounts, margin trading accounts, futures & options trading accounts, and FX accounts at the same time when applying to open a Matsui Matsui Securities account.
Leverage
Still, trading leverage part is not fully disclosed on the Matsui Securities website. Investors may contact this stockbroker's support staff to obtain information.
Fees
For physical trading, the commission is determined by the total daily contract price of the exchange and PTS trading. If the total daily contract price is within a certain range, the fee is fixed regardless of the number of the trading volume. For example, if the total daily contract price is under 50 yen, 0 Yen, the total contract price under 1 million Yen with a fee of 1,000 Yen, the total contract price under 2 million Yen, with a fee of 2,000 yen, the total contract price over 100 million yen with a fee of 100,000 Yen.
Trading Platforms
Netstock High Speed is a trading tool with a high-performance ordering function that allows traders to select their favorite commodities from various types of information screens and establish the best trading environment for the investor's investment style. Stock Board is a tool that lists real-time stock price information for registered stocks, and traders can display the format according to their investment style. Matsui Matsui Securities Co. Stock App is a smartphone trading application that supports stock trading and allows investors to do everything from information gathering to trading. Stock Touch is a trading application developed for the smart collection that supports stock and futures/options trading and can greatly improve the convenience of trading. Investment Trust app is an app for smartphones with all the features of the Investment Trust service.
Deposit and withdrawal
Matsui Securities provides investors with four deposit & withdrawal options: Netlink Deposit, Deposit Transfer, Time Deposit, and Bank Transfer Deposit. Investors can make deposits in real-time by simply operating their computers. All of the above deposit methods are free of charge.
Pros & Cons of Matsui Securities
Pros | Cons |
FSA-regulated | Website only available in English and Japanese |
Diversified range of trading instruments | No online chat support |
Advanced trading tools | |
Four payment mathods provided | |
Multiple trading accounts available |
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive excentral and matsui are, we first considered common fees for standard accounts. On excentral, the average spread for the EUR/USD currency pair is EUR/USD 2.5, GBP/USD 2.8, USD/JPY 2.8, Crude Oil $0.14 pips, while on matsui the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
excentral is regulated by FSCA. matsui is regulated by FSA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
excentral provides trading platform including Classic,Silver,Gold,VIP and trading variety including --. matsui provides trading platform including -- and trading variety including --.