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GMO CLICK , Central Tanshi Broker Comparison

Do you want to know which is the better broker between GMO CLICK and Central Tanshi ?

In the table below, you can compare the features of GMO CLICK , Central Tanshi side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
GMO CLICK
7.97
Regulated
Under guarantee
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15-20 years
FSA
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Central Tanshi
7.97
Regulated
Under guarantee
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15-20 years
FSA
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Which broker is more reliable?

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 gmo-click, central-tanshi-fx 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:

Forex broker introduction

gmo-click
Aspects Information
Registered Country/Area Japan
Founded Year 2012-10-12
Company Name GMO CLICK Securities, Inc.
Regulation Regulated in Japan
Minimum Deposit Not specified
Maximum Leverage Not specified
Spreads Varies depending on trading instrument
Trading Platforms FX neo, Hatchu-kun FX Plus, FXWatch!, mobile apps
Tradable Assets Stocks, investment trusts, futures options, FX, forex options, CFDs, stock index binary options, bonds
Account Types FXneo, AnyForex OP, AnyCFDs, AnyIXOP, Brokerage account, Securities Connect Account (Bank Linkage), Forex Trading Account, Corporate Customers
Demo Account Available
Islamic Account Not specified
Customer Support FAQs, phone inquiries, inquiry form, direct mail, social media
Payment Methods Rakuten Bank, MUFG, SMBC, Mizuho, SBI Sumishin Net Bank, ANN Seven Bank, JP Yucho Bank, Resona Bank, Aeon Bank, Jibun Bank, Saitama Resona Bank, and others

Overview of GMO CLICK

GMO CLICK is a regulated institution in Japan that offers various financial services. It holds a retail forex license and is regulated by the Financial Services Agency. The company provides a range of market instruments, including stock trading, investment trusts, futures options, FX trading, forex options, currency exchange trading, CFDs, stock index binary options, and bond trading.

To open an account with GMO CLICK, individuals can visit their website and choose the type of account they want to open. The company offers different account options based on the desired trading activities. Users need to fill out an application form, provide personal information, agree to terms and conditions, and submit the completed application.

GMO CLICK offers trading platforms for various devices, including computers, smartphones, and smartwatches. They provide different payment methods for depositing funds, including internet banking, ATMs, and financial institution counters. The company has customer support available through phone, inquiry forms, direct mail, and social media channels.

While GMO CLICK is regulated and offers a range of financial services, it's important to verify the information provided and contact the company directly for the most accurate and up-to-date details regarding their services, regulations, and account opening procedures.

basic-info

Pros and Cons

GMO CLICK offers a range of financial services, including stock trading, investment trusts, futures options, FX trading, forex options, currency exchange trading, CFDs, stock index binary options, and bond trading. The company is regulated and provides a variety of trading platforms for different devices. They have multiple payment methods available for depositing funds, and customer support is offered through various channels. However, it's important to note that GMO CLICK has certain limitations, such as the absence of trading software according to the provided information. Additionally, specific trading activities may have designated acceptance times, and withdrawals are supported only for GMO CLICK Securities accounts and financial institution accounts with the same name. It's advisable to verify the current details and contact GMO CLICK directly for more accurate and updated information.

Pros Cons
Regulated institution in Japan Absence of trading software
Offers a range of financial services Specific acceptance times for trading activities
Provides various trading platforms Withdrawals only supported for specific account types
Multiple payment methods for depositing funds
Customer support available through various channels

Is GMO CLICK Legit?

Based on the information provided, GMO CLICK is a regulated institution in Japan. It holds a retail forex license and is regulated by the Financial Services Agency. The license number is “関東財務局長(金商)第77号” and the effective date of the license is September 30, 2007.

However, it's important to note that the information you provided also states that GMO CLICK does not have a trading software according to the current data. This could imply that there may be some limitations or restrictions on their services. It's advisable to verify this information with updated and reliable sources or contact GMO CLICK directly for more accurate and detailed information regarding their regulatory status and available services.

regulation

Market Instruments

GMO CLICK Securities offers a range of market instruments:

STOCK: GMO CLICK Securities offers stock trading services at low prices, providing investors with access to the stock market.

INVESTMENT TRUST: The company offers a selection of investment trusts, making it easy for investors to choose funds that have been carefully curated by GMO CLICK Securities.

FUTURES OPTIONS: GMO CLICK Securities provides futures options trading with industry-leading low fees, allowing investors to participate in this market.

FX NEO (OVER-THE-COUNTER TRADING): GMO CLICK Securities offers enhanced trading tools and a low-cost, comfortable FX trading experience for investors.

FOREX OPTIONS: Investors can engage in forex binary options trading through GMO CLICK Securities, which offers a user-friendly interface for easy operation.

CLICK 365 (EXCHANGE TRADING): GMO CLICK Securities provides a wide range of currency pairs for FX exchange trading through the Click 365 platform.

CFDs: Japanese investors can choose from a variety of CFDs (Contracts for Difference) offered by GMO CLICK Securities.

STOCK INDEX BINARY OPTIONS: GMO CLICK Securities offers stock index binary options, allowing investors to engage in this type of trading with ease.

BOND: GMO CLICK Securities facilitates the trading of overseas high-interest bonds, providing investors with access to this asset class.

 market-instruments
Pros Cons
Stock trading services at low prices Limited information on competitive advantages
Selection of curated investment trusts Limited information on attractiveness
Futures options trading with low fees Limited information on tightness of services
Enhanced trading tools for FX trading Limited information on flexibility of services

Account Types

  1. FXneo: This account type is for Forex trading. It allows customers to trade in the Forex market.

  2. AnyForex OP: This account type is for Forex options trading. It enables customers to trade options in the Forex market.

  3. AnyCFDs: This account type is for CFD (Contract for Difference) trading. It allows customers to trade CFDs.

  4. AnyIXOP: This account type is for stock index binary options trading. It enables customers to trade binary options based on stock indexes.

  5. Brokerage account: This account type provides tradeable services for various types of transactions, including stock, investment trust, futures OP, FX neo, Forex OP, 365FX, CFDs, BO (Binary Options), and bonds.

  6. Securities Connect Account (Bank Linkage): This account type allows customers to open a securities trading account by filling in a single page without requiring an application form. Transactions can start after a minimum of 2 business days. Initial settings registration is required upon the first login.

  7. Forex Trading Account: This account type is specifically for FX trading and Foreign exchange OP. It offers tradeable services for FX neo, Forex OP, and 365FX. Opening an FX trading account is faster than a brokerage account and does not require an application form. Customers can switch to a securities trading account from the member page without any difference in trading terms.

  8. Corporate Customers: GMO CLICK also provides corporate account opening services for corporate customers.

Pros Cons
Wide range of account types available, catering to different trading preferences and needs. Limited customization options within each account type, restricting flexibility for advanced traders.
Provides options for Forex trading, Forex options trading, CFD trading, and stock index trading. Higher account minimums or fees associated with certain account types, potentially limiting accessibility.
Opening a securities trading account through the Securities Connect Account available. Longer processing time for opening a securities trading account compared to some competitors.

How to Open an Account?

To open an account with GMO CLICK, follow these steps:

  1. Visit the GMO CLICK website and click on the “Account Opening” option.

open-account
  1. Choose the type of account you want to open from the available options, such as stock, investment trust, futures OP, FX neo, Forex OP, 365FX, CFDs, BO, bond, or Securities Connect Account (Bank Linkage).

  2. If you select the Securities Connect Account (Bank Linkage), you can start demo trading by tapping “Start demo trading” on the login screen without registering an account.

open-account
  1. Fill in the required information on the application form. This typically includes personal details such as name, contact information, address, date of birth, sex, post code, telephone number, and email address.

open-account
  1. Provide nationality information, indicating whether you have Japanese nationality or nationality other than Japan. Note that accounts cannot be opened by individuals holding U.S. citizenship.

  2. Specify if you have any U.S. tax liability, whether you are an important foreign public figure or a relative of one, and your country of residence.

open-account
  1. Choose your preferences regarding the delivery of email news and direct mail from GMO CLICK.

  2. If you wish to open a specific account, select the appropriate options for FX trading, forex options trading, CFD trading, or stock index binary options trading.

open-account
  1. Read and agree to the terms and conditions and other regulations pertaining to account opening and trading activities.

  2. Review the documents to be delivered before concluding a contract for securities and CFD transactions, and agree to their terms.

  3. Confirm that the information entered in the application is accurate and certify that it is provided by the account holder or an authorized representative.

  4. Submit the completed application.

Spreads & Commissions

GMO Click offers spreads on various currency pairs. The spreads for USD/JPY are 0.2 pips, for EUR/JPY they are 0.5 pips, for GBP/JPY they are 1.0 pips, for AUD/JPY they are 0.7 pips, for EUR/USD they are 0.4 pips, and for GBP/USD they are 1.0 pips. These spreads indicate the difference between the buying and selling prices of these currency pairs.

When trading Nikkei 225 options, GMO Click charges a minimum commission of 0.152% of the contract price. Additionally, there is a minimum commission fee of 214 yen applicable for these trades. The commission is calculated based on the percentage of the contract price and ensures that the broker earns revenue from facilitating these options trades.

GMO Click provides free trading services for certain types of trading instruments. Forex options trading, stock index binary options trading, and CFD (Contract for Difference) trading do not incur any charges. This means that traders can engage in these types of trading activities without paying commissions or fees to GMO Click.

Deposit & Withdrawal

GMO CLICK offers an instant deposit service that allows customers to transfer funds immediately. The service supports transfer deposits via ATMs and bank counters, and withdrawals are also free of charge. The minimum withdrawal amount is 10,000 yen, and the maximum withdrawal amount is 100 million yen. However, if the balance is below 10,000 yen, the entire balance will be withdrawn at once.

It's important to note that withdrawals are only supported for GMO CLICK Securities accounts and financial institution accounts with the same name. The amount that can be withdrawn in one operation ranges from ¥10,000 to ¥100,000,000.

GMO CLICK provides bank accounts for each customer, including GMO Aozora Net Bank and Mitsubishi UFJ Bank. When making a transfer from a bank counter or ATM, customers are required to make a payment to their bank account. Please be aware that the transfer source is limited to domestic branches of financial institutions.

GMO CLICK provides various options for customers to deposit funds. Those using internet banking can take advantage of the immediate deposit service, which allows for instant fund transfers without any commission fees. Deposits made through ATMs or financial institution counters are also free of commission, and customers can perform these transactions using their computers or smartphones. Additionally, GMO CLICK offers the option to deposit funds from the Securities Connect account of GMO Aozora Net Bank, and this service is commission-free and can be accessed through a computer. For customers investing in mutual funds, the investment trust reserve fee is automatically deducted monthly from the designated financial institution account.

In terms of withdrawals, GMO CLICK does not charge any commission, and customers can initiate the withdrawal process through the GMO CLICK Securities member page. This can also be done through their smartphone app.

Pros Cons
Instant deposit service Minimum withdrawal amount of 10,000 yen
Supports transfer deposits Entire balance withdrawn if below 10,000 yen
Free withdrawals Withdrawals limited to GMO CLICK Securities accounts
Various deposit options Withdrawals limited to accounts with the same name
Commission-free deposits Withdrawal amount limited to 10,000 to 100,000,000 yen
Limited withdrawal methods (GMO CLICK Securities member page and smartphone app)

Trading Platforms

GMO Click offers a variety of trading platforms, including FX neo for high-performance FX trading on computers, Hatchu-kun FX Plus for rate delivery and execution speed, and FXWatch! for checking rates and charts on smartwatches. They also provide CFD trading apps, such as GMO Click CFDs and Hatchu-kun CFD, along with stock trading apps like GMO Click stock and GMO Click Stock for iPad. Super Hatchu-kun is a comprehensive tool for stock/futures OP trading. Traders can also access smartphone browser-based platforms for Forex OP, stock trading, and binary options. Additionally, there are iPhone and Android apps available for Click 365 trading. Transactions can be conducted on a PC browser using the WEB transaction screen.

trading-platform

Payment Methods

GMO CLICK offers a range of payment methods for customers to deposit funds. These include options such as Rakuten Bank, MUFG, SMBC, Mizuho, SBI Sumishin Net Bank, ANN Seven Bank, JP Yucho Bank, Resona Bank, Aeon Bank, Jibun Bank, and Saitama Resona Bank, among others. Customers can utilize internet banking services to make immediate fund transfers without incurring any commission fees. Deposits can be made through ATMs or financial institution counters, and these transactions are also commission-free. The method of depositing funds through computers or smartphones is provided. GMO CLICK also facilitates deposits from the Securities Connect account of GMO Aozora Net Bank, with no commissions and accessibility via computer. For customers investing in mutual funds, the investment trust reserve fee is automatically deducted monthly from the designated financial institution account.

deposit-withdrawal
Pros Cons
Offers a variety of trading platforms to choose from Steep learning curve for beginners
Provides high-performance FX trading with FX neo Limited availability of some platforms on specific devices
Offers rate delivery and execution speed with Hatchu-kun FX Plus Some platforms may lack advanced features or tools
Allows rate checking and chart monitoring on smartwatches through FXWatch! Lack of flexibility in platform customization options
Provides CFD trading options with GMO Click CFDs and Hatchu-kun CFD Potential compatibility issues with certain devices or browsers
Offers stock trading apps for both GMO Click stock and GMO Click Stock for iPad Possible stability or reliability concerns with certain platforms

Trading Hours

GMO CLICK offers customer support through various channels and during specific time frames. The call center is available from 8:00 until close and provides assistance for trading inquiries. Trading platforms like Super Hatchu allow login access from 0:00 to 24:00, excluding maintenance time. Specific acceptance hours are set for immediate deposits, transfers, and order placements based on different types of trading accounts. Support for mutual fund trading is available from 6:30 to 15:00 and 17:00 to 3:30. For futures, options, forex, Click 365, and CFD trading, there are designated acceptance times. Forex Neo and forex options trading have 24-hour availability, while CFD trading is open from Monday to Friday, 8:00 am to 7:00 am the next day. Bond trading hours vary for domestic and foreign bonds. It's important to be aware of these time frames when seeking customer support or engaging in trading activities with GMO CLICK.

Customer Support

  1. FAQ: GMO CLICK provides a Frequently Asked Questions (FAQ) section on their website. Traders can enter keywords related to their inquiries and search for relevant information. The FAQ covers various topics, including account login, password recovery, deposit/withdrawal methods, tax information, and more.

  2. Inquiries by Phone: Traders can reach out to GMO CLICK's customer support team via phone. The contact number for Japanese customers is +81 0120727930.

  3. Inquiries Using the Inquiry Form: GMO CLICK offers an inquiry form for customers to submit their questions or concerns. This form allows traders to seek assistance or clarification on various aspects of their trading experience.

  4. Direct Mail (DM): GMO CLICK provides the option of contacting customer support through direct mail. Customers can use this method to address specific issues, such as suspension procedures, inheritance procedures, or other account-related matters.

  5. Responding to Opinions and Requests: GMO CLICK acknowledges and values customer feedback. They have a system in place to respond to opinions and requests, allowing traders to provide input on their services and suggest improvements.

  6. Business Operation System for Complaints and Disputes: GMO CLICK has a business operation system designed to handle complaints and resolve disputes. They outline the procedures and mechanisms through which customer concerns can be addressed.

  7. Social Media Presence: GMO CLICK maintains a presence on social media platforms such as Twitter (https://twitter.com/GMO_ClickSec_PR) and Facebook (https://www.facebook.com/gmoclicksec). Traders can connect with them through these channels to stay updated and potentially reach out for support.

customer-support

Conclusion

In conclusion, GMO CLICK is a regulated institution in Japan that offers various market instruments such as stocks, investment trusts, futures options, forex options, CFDs, and more. It provides multiple account types and trading platforms to cater to different preferences. GMO CLICK's deposit and withdrawal options are diverse, allowing customers to choose from a range of payment methods. However, it's important to note that GMO CLICK does not have a trading software according to the available information, and there may be limitations or restrictions on their services. Traders should verify the current status of their offerings and contact GMO CLICK directly for detailed information. Additionally, the spreads and commissions may vary depending on the trading instruments, and customers should consider these factors when engaging in trading activities.

FAQs

Q: Is GMO CLICK a regulated institution?

A: Yes, GMO CLICK is a regulated institution in Japan and holds a retail forex license. It is regulated by the Financial Services Agency (FSA) with the license number “関東財務局長(金商)第77号” and the effective date of the license is September 30, 2007.

Q: What market instruments does GMO CLICK offer?

A: GMO CLICK Securities offers a range of market instruments including stocks, investment trusts, futures options, FX NEO (over-the-counter trading), forex options, CLICK 365 (exchange trading), CFDs (Contracts for Difference), stock index binary options, and bonds.

Q: How can I open an account with GMO CLICK?

A: To open an account with GMO CLICK, you can visit their website and click on the “Account Opening” option. Choose the type of account you want to open, fill in the required information on the application form, agree to the terms and conditions, and submit the completed application.

Q: What are the spreads and commissions charged by GMO CLICK?

A: GMO CLICK offers spreads on various currency pairs, and the commissions vary depending on the trading instrument. For example, the spreads for USD/JPY are 0.2 pips, and when trading Nikkei 225 options, there is a minimum commission of 0.152% of the contract price.

Q: What are the available payment methods for depositing funds with GMO CLICK?

A: GMO CLICK offers various payment methods including Rakuten Bank, MUFG, SMBC, Mizuho, SBI Sumishin Net Bank, ANN Seven Bank, JP Yucho Bank, Resona Bank, Aeon Bank, Jibun Bank, and Saitama Resona Bank, among others. Internet banking services and deposits through ATMs or financial institution counters are also available.

Q: What are the trading platforms offered by GMO CLICK?

A: GMO CLICK provides a variety of trading platforms including FX neo, Hatchu-kun FX Plus, FXWatch!, GMO Click CFDs, Hatchu-kun CFD, GMO Click stock, GMO Click Stock for iPad, Super Hatchu-kun, and smartphone browser-based platforms for Forex OP, stock trading, and binary options.

Q: What are the trading hours and customer support options provided by GMO CLICK?

A: GMO CLICK offers customer support through various channels during specific time frames. The call center is available from 8:00 until close, and support hours vary for different types of trading activities. Customer support options include FAQs, inquiries by phone, an inquiry form, direct mail, responding to opinions and requests, and a business operation system for complaints and disputes. GMO CLICK also has a social media presence on platforms like Twitter and Facebook.

central-tanshi-fx
Company Name Central Tanshi FX Co., Ltd.
Registered in Tokyo, Japan
Regulation Status Regulated by FSA (Japan)
Years of Establishment March 2002
Trading Instruments 10 currency pairs
Minimum Initial Deposit No minimum requirement
Maximum Leverage Up to 25 times
Minimum Spread Variable, as low as 0.1 pips
Trading Platform Multiple versions for various devices
Deposit and Withdrawal Method Multiple currencies supported, click deposit and transfer deposit
Customer Service Online contact form, no phone support provided

Overview of Central Tanshi

Central Tanshi FX Co., Ltd., headquartered in Tokyo, Japan, has been a key player in the financial services sector since its establishment in March 2002. Specializing in foreign exchange margin trading, the company offers a diverse range of trading services and is regulated by the Financial Services Agency (FSA) of Japan, ensuring strict adherence to financial regulations and consumer protection.

With partnerships encompassing over 20 major financial institutions, Central Tanshi provides traders with access to 10 currency pairs, a maximum leverage of 25 times, and variable spreads tailored to different time periods. Offering multiple trading platforms and flexible deposit methods, it aims to cater to the diverse needs of traders in the dynamic world of foreign exchange.

Overview of Central Tanshi

Is Central Tanshi Legit or a Scam?

Central Tanshi is a legitimate financial services company. It is regulated by Japan's Financial Services Agency (FSA), a reputable regulatory body known for its stringent standards. The FSA ensures compliance with financial laws and regulations to protect consumer interests.

Central Tanshis regulatory certificate number adds an additional layer of transparency and trust. While I cannot provide real-time or the most up-to-date information, based on the information available, Central Tanshi does not display the characteristics commonly associated with scam operations.

Is Central Tanshi Legit or a Scam?

Pros and Cons

Pros Cons
- Regulated by Japan's FSA - Limited to 10 currency pairs
- Multiple trading platforms available - Lack of detailed customer support info
- No minimum deposit requirement - Absence of educational resources
- Flexible deposit and withdrawal options - Fees for foreign currency withdrawals
- 24/7 trading availability for some instruments

Pros:

  1. Regulated by FSA: Central Tanshi is regulated by Japan's Financial Services Agency (FSA), ensuring adherence to strict financial standards and consumer protection.

  2. Multiple Trading Platforms: The broker offers various trading platforms for different devices, enhancing accessibility and convenience for traders.

  3. No Minimum Deposit: There's no minimum deposit requirement, allowing traders to start with the amount they are comfortable with.

  4. Flexible Deposits & Withdrawals: Central Tanshi supports multiple currencies and offers options for both free click deposits and transfer deposits.

  5. 24/7 Trading: Certain instruments are available for trading 365 days a year, 24 hours a day, providing flexibility for traders.

Cons:

  1. Limited Currency Pairs: The offering is limited to 10 currency pairs, which may restrict diversification for some traders.

  2. Customer Support Information: Details about customer support are not provided, leaving traders uncertain about available assistance.

  3. Lack of Educational Resources: The absence of information regarding educational resources may leave beginner traders without valuable learning materials.

  4. Fees for Withdrawals: Foreign currency withdrawals and certain deposit methods may incur fees, impacting overall costs for traders.

Market Instruments

Central Tanshi primarily focuses on Foreign Exchange Margin Trading Services. Through its online platform, it offers specific products such as “FX Direct Plus” for discretionary trading and “Central Mirror Trader” for automated trading. These offerings allow traders to diversify strategies and take advantage of market volatility.

Account Types

The information provided doesn't give specific details about different account types offered by Central Tanshi. However, given that they offer both discretionary and automated trading options, it is possible that they offer different account types to cater to various trading styles.

How to Open an Account?

To open an account with Central Tanshi, you can follow these 3 steps as outlined on their website at https://www.central-tanshifx.com/:

Step 1: Application

  • Go to the Central Tanshi website and fill in your name and address in the application form.

  • Review the documents you'll receive as part of your application.

  • You'll get an email confirming your application.

Open an Account

Step 2: Submit Documents

  • In the email, you'll find two options for submitting identity documents:

    • Easy Verification with Smartphone: Open the link on your phone, follow the instructions, and take a photo of your ID.

    • Upload Verification: Open the link on your PC or smartphone and upload your ID photos as instructed.

Step 3: Account Confirmation

  • If you used the smartphone method, once Central Tanshi reviews your documents, they'll send you an email with your user ID and password. You can start trading the same day.

  • If you chose the upload method, they'll send your user ID and password by registered mail to your address.

  • Log in to your account and complete additional information, like your My Number.

Keep in mind that Central Tanshi may approve or decline your account based on their review.

Leverage

Central Tanshi offers a maximum leverage of 25 times. This allows traders to control larger positions with a smaller initial investment, potentially amplifying gains. However, higher leverage also increases the risk of significant losses. Clients should be aware that using leverage might increase the volatility of their portfolio, and they should have a comprehensive understanding of the risk associated with leveraged trading.

Spreads & Commissions

The company operates with variable spreads that depend on the time of day. During certain hours, spreads can be as low as 0.1 pips for USD/JPY and as high as 16.0 pips for GBP/JPY during other periods. This flexibility allows traders to strategize their trades based on market timing. However, it's crucial to note that wider spreads could eat into profits and make some strategies less viable. No information is available regarding commissions, so traders would need to inquire directly about any additional costs.

Currency Pair Spread During 4:00 pm to Early Morning Spread During Other Periods
USD/JPY 0.1 pips 0.2 to 10.0 pips
EUR/JPY 0.4 pips 0.4 to 10.0 pips
GBP/JPY 0.8 pips 0.8 to 16.0 pips
EUR/USD 0.3 pips 0.3 to 10.0 pips
GBP/USD 0.6 pips 0.6 to 16.0 pips

Trading Platform

Central Tanshi provides a versatile trading environment through four different versions of their trading platform: smartphone, PC, iPad, and feature phone. The PC version comes with three additional options, including fast chart Trade Plus and a network trading system. Such diversity in trading platforms ensures that traders can execute orders and manage their accounts from multiple devices, offering flexibility and convenience.

Trading Platform

Deposit & Withdrawal

Central Tanshi supports multiple deposit currencies, including Japanese Yen, US Dollar, and more. Deposits can be made via click deposit (free of charge) or transfer deposit (fees borne by the customer). Withdrawals in Japanese Yen are free, but withdrawals in foreign currencies are partly charged. This offers flexibility in currency and funding methods but can incur some costs, especially for foreign clients.

Deposit & Withdrawal

Customer Support

Central Tanshi Co., Ltd. strictly limits its contact options to an online contact form and does not entertain inquiries via phone. It is important to note that Central Tanshi Co., Ltd. operates as a separate entity, and consequently, it does not accept inquiries regarding the company through any means other than the provided online contact form. This approach reflects the company's chosen communication method and should be adhered to for any queries or concerns related to their services or operations.

Customer Support

Educational Resources

Central Tanshi offers an extensive range of educational resources to empower traders. These resources encompass a comprehensive market view, informative columns, and educational videos and seminars to enhance traders' knowledge and skills. Access to the latest market information, exchange rates, and currency charts facilitates informed decision-making. Additionally, tools like the swap calendar, economic indicators, settlement date calendar, and FX holiday schedule provide valuable insights into market dynamics.

Furthermore, Central Tanshi equips traders with in-depth market analysis, historical price movements, correlation coefficients for currency pairs, monthly average growth and decline rates, Chicago IMM currency futures position trends, and the historical performance of major economic indicators, policy interest rates, and GDP figures. These educational tools empower traders with the knowledge and data necessary to make informed trading decisions.

Educational Resources

Conclusion

In conclusion, Central Tanshi emerges as a regulated and accessible option for foreign exchange margin trading, offering multiple trading platforms, flexible deposit methods, and a 24/7 trading window for select instruments. However, its limited currency pair selection, lack of detailed customer support information, absence of educational resources, and potential fees for foreign currency withdrawals may impact the overall trading experience. As with any financial decision, prospective traders should carefully assess their individual requirements and preferences before choosing to open an account with Central Tanshi, ensuring it aligns with their specific trading needs and objectives.

FAQs

Q: What regulatory body oversees Central Tanshi?

A: Central Tanshi is regulated by the Financial Services Agency (FSA) of Japan, ensuring compliance with rigorous financial standards.

Q: What is the maximum leverage offered by Central Tanshi?

A: Central Tanshi provides a maximum leverage of 25 times, allowing traders to control larger positions with a smaller initial investment.

Q: Can I trade on Central Tanshi's platform 24/7?

A: Yes, Central Tanshi offers 24/7 trading availability for certain instruments, providing flexibility for traders across different time zones.

Q: Are there any fees for depositing funds into my Central Tanshi account?

A: Central Tanshi offers free click deposits; however, fees may apply for transfer deposits, depending on the chosen method.

Q: How many currency pairs can I trade on Central Tanshi?

A: Central Tanshi offers a total of 10 currency pairs, including both yen currency pairs and cross currency pairs.

Q: Does Central Tanshi provide educational resources for traders?

A: While Central Tanshi offers a wide range of market analysis tools, there is no mention of specific educational resources for traders.

Q: What support options are available if I have questions or issues with my account?

A: Central Tanshi primarily relies on an online contact form for inquiries and does not provide phone support, limiting the available communication channels for traders.

Are the transaction costs and expenses of gmo-click, central-tanshi-fx lower?

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 gmo-click and central-tanshi-fx are, we first considered common fees for standard accounts. On gmo-click, the average spread for the EUR/USD currency pair is -- pips, while on central-tanshi-fx the spread is --.

Which broker between gmo-click, central-tanshi-fx is safer?

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.

gmo-click is regulated by FSA. central-tanshi-fx is regulated by FSA.

Which broker between gmo-click, central-tanshi-fx provides better trading platform?

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.

gmo-click provides trading platform including -- and trading variety including --. central-tanshi-fx provides trading platform including -- and trading variety including --.

Looking for more references? The following are other comparisons related to gmo-click, central-tanshi-fx:

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