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Grand Capital , Central Tanshi Broker Comparison

Do you want to know which is the better broker between Grand Capital and Central Tanshi ?

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

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
Grand Capital
1.55
Unverified
Under guarantee
--
5-10 years
SFC
--
D
D
1680.8
1220
1220
1229
1984
1984
1971
D

EURUSD: 2.8

XAUUSD: -109.9

26
6
26
A
2.83 USD/Lot
24.88 USD/Lot
D

Long: -17.39

Short: 1.87

Long: -70.04

Short: 5

A
0.3
3
--
--
--
--
--
--
--
--
--
--
--
--
Central Tanshi
7.97
Regulated
Under guarantee
--
--
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do grand-capital and central-tanshi-fx have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

grand-capital
Grand Capital Review Summary
Founded2019-04-10
Registered Country/RegionUnited Kingdom
RegulationSuspicious Clone
Market InstrumentsSecurities and Fixed-income products
Trading PlatformMultiple types of trading platforms (Desktop and Mobile)
Customer SupportTel: +852 3891 9888
Fax: +852 2529 2899
Email: cs@grandch.com

Grand Capital Information

Grand Capital Holdings Limited is a financial services company headquartered in Hong Kong. Its wholly-owned subsidiary, Grand Capital Securities Limited, provides execution and consulting services for individuals, enterprises, and institutions through its brokerage, wealth management, asset management, and institutional business departments. Investors can conveniently access 23 trading markets around the world through its desktop, mobile, and web-based trading platforms.

Pros and Cons

Pros Cons
Access to global marketsSuspicious Clone
Convenience of multi-platform tradingUnclear fee information
Diversified business

Is Grand Capital Legit?

Grand Capital's legitimacy is in question. Although it claims to be regulated by the Hong Kong Regulatory Authority and asserts that it holds relevant licenses issued by the Hong Kong Securities and Futures Commission (SFC), it is suspected of being a cloned firm, and there is no actual proof to support its claims of having legitimate licenses.

legitimacy
legitimacy

What Can I Trade on Grand Capital?

Grand Capital offers securities products, allowing trading of listed stocks in more than 20 countries around the world. It also covers products such as ETFs (Exchange-Traded Funds), REITs (Real Estate Investment Trusts), derivative warrants, and CBBCs (Callable Bull-Bear Contracts). Trading services for fixed-income products, such as various government and corporate bonds, investment-grade and high-yield bonds, as well as multi-currency bonds, can also be realized.

Tradable Products Supported
Securities
Fixed-income

Account Type

Classified by the account holder entity, Grand Capital offers individual accounts, joint accounts, and corporate accounts. Classified by business type, Grand Capital's securities accounts are divided into cash accounts and margin accounts. In cash accounts, transactions are conducted using the account holder's funds. Margin accounts, on the other hand, allow for trading with borrowed funds, which increases the investment leverage but also comes with higher risks.

In addition, there are asset management accounts that focus on professional asset management, as well as private banking accounts that provide customized financial services for high-net-worth clients.

Leverage

Grand Capital offers margin trading, which means that investors can trade with leverage. Leverage can magnify investment returns, but at the same time, it will also amplify risks. However, Grand Capital has not specified the details of the leverage.

Trading Platform

The company provides multiple types of trading platforms, including desktop versions, mobile versions (which can be obtained from the Play Store and the App Store), as well as web-based versions. These platforms are equipped with functions such as checking account balances and position information, enabling investors to keep track of their investment status at any time.

central-tanshi-fx
Central Tanshi Review Summary
Founded2002
Registered Country/RegionJapan
RegulationRegulated by FSA (Japan)
Market InstrumentsForex
Demo Account
Leverage1:25 for individual customer
EUR/USD SpreadFrom 0.1 pips
Trading PlatformMobile app, PC and Web platforms
Min Deposit0
Customer SupportContact form
YouTube: https://www.youtube.com/channel/UCGDu9m4guwZcPAIPXyyx7KQ
Twitter: https://twitter.com/CTFX

Central Tanshi is a legally regulated forex pairs provider that was registered in Japan in 2002. It offers a variety of forex pairs through versatile trading platforms, with no minimum deposit required. In addition, it provides a leverage of 1:25 for individual customers and spreads starting from 0.1 pips.

However, it does not accept inquiries by phone number. Instead, you can only submit a contact form with your questions, and they will respond to your inquiries.

Central Tanshi's homepage

Pros and Cons

ProsCons
Long history of operationLimited leverage
Regulated by Japan's FSANo MT4/5
Various forex pairs choicesLimited customer support channels
Commission-free
Multiple trading platforms available
No minimum deposit requirement

Is Central Tanshi Legit?

Yes, Central Tanshi is a legitimate provider of forex pairs. It holds a retail forex license issued by the Japan Financial Services Agency (FSA), bearing the license number Kanto Finance Director (Financial Business) No. 278.

In addition, it is a member of the Securities and Exchange Surveillance Commission of Japan.

In conclusion, Central Tanshi is reliable, and you can consider trading forex on its platforms.

Regulated CountryCurrent StatusRegulated AuthorityRegulated EntityLicense TypeLicense Number
RegulatedJapan Financial Services Agency (FCA)セントラル FX Co., Ltd.Retail Forex LicenseKanto Finance Director (Financial Business) No. 278
Regulated by FCA

What Can I Trade on Central Tanshi?

Central Tanshi focuses on forex pairs trading. It offers many common forex pairs, and you can also find exotic forex pairs on its platform. The forex pairs it provides include USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, ZAR/JPY, GBP/USD, AUD/USD...

Tradable InstrumentsSupported
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
Exchange rate

How to Open an Account?

You need to follow eight steps to register an account with Central Tanshi. All of these steps are quite easy, and detailed explanations for each are provided in its website.

  1. Step 1: Enter your email address.
  2. Step 2: Enter the verification code sent to the email address you provided.
  3. Step 3: Fill in your personal information.
  4. Step 4: Verify your identity using your smartphone. First, take a photo of your ID. Second, take aphoto of your face.
  5. Step 5: Once the review is complete, a notification of account opening completion, along with your user ID and password, will be sent to your registered email address.
  6. Step 6: Log in to your My Page and change your password for security reasons.
  7. Step 7: Register your My Number on your My Page.
  8. Step 8: Register your withdrawal bank account details on your My Page.
How to Open an Account?

Leverage

The leverage offered by Central Tanshi differs between individual and corporate customers.

For individual customers, it is set at a fixed ratio of 1:25, which is considered conservative and safe, enabling you to trade securely based on your requirements.

On the other hand, for corporate customers, the leverage varies weekly based on market fluctuations, and it also differs for each type of currency pair.

Leverage 1
Leverage 2

Spread

The spreads offered by Central Tanshi also vary depending on the type of currency pair.

During certain trading hours, the spread for MXN/JPY can be as low as 0.1 pips, while during other periods, the spread for GBP/JPY can reach as high as 16.0 pips.

Spread

Other Fees

Central Tanshi does not charge any account maintenance fees or transaction fees.

However, if you need to send an issuing report by mail, there is a charge of 1,100 yen per report.

Additionally, for delivery services, there is a fee of 500 yen for every 10,000 units.

Commission
Delivery

Trading Platform

Central Tanshi offers a proprietary platform available on mobile (smartphone and iPad), PC and Web.

The PC version comes with three additional options, including fast chart, Trade Plus, and a network trading system.

Trading PlatformSupportedAvailable DevicesSuitable for
Proprietary platformWeb, PC and Mobile/
MT4/Beginners
MT5/Experienced traders
Proprietary platform 1
Proprietary platform 2

Deposit and Withdrawal

Payment Methods

Central Tanshi offers two types of deposit methods: click deposit and bank transfer deposit.

Click deposit utilizes your financial institution's online banking service for near-instant deposits. You must have an online banking agreement with one of the following financial institutions to use this method.

Click deposit

Bank transfer deposit allows you to fund your account through various methods such as bank counters, ATMs, and online banking. The transfer fees will be borne by you. Supported banks include Sumitomo Mitsui Banking Corporation (Nihonbashi Branch), Mizuho Bank (Kofunecho Branch), and Mitsubishi UFJ Bank.

Transfer deposit

Fees

Deposit: For click deposits, it is free. For transfer deposits, certain fees may be charged.

Withdrawal: Withdrawal in Japanese Yen is free, whereas withdrawals in other foreign currencies will incur some fees.

Additionally, withdrawal fees differ based on the banking institution.

Specifically, withdrawals through Sumitomo Mitsui Banking Corporation, Mizuho Bank, and the Main Branch of Mitsubishi UFJ Bank are free.

For other branches of Mitsubishi UFJ Bank, a fee of 1,000 yen will be charged, and for other financial institutions, a fee of 1,500 yen will be imposed.

Deposit and Withdrawal

Do grand-capital and central-tanshi-fx have lower transaction costs?

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

Which broker between grand-capital, 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.

grand-capital is regulated by SFC. central-tanshi-fx is regulated by FSA.

Which broker between grand-capital, 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.

grand-capital provides the -- platform with products like --; central-tanshi-fx offers the -- platform featuring assets including --.

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

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