au Kabucom Securities is an online brokerage company and is the core company of Mitsubishi UFJ Financial Group (MUFG Group) 's online financial services. The business is involved in securities trading, brokerage, offering, and selling. Along with other financial services, it offers bank agency and foreign exchange margin trading.

Pros and Cons

Is au Kabucom Securities Legit?

Yes, Au Kabucom is currently regulated by the Financial Services Agency (FSA), holding a retail forex license (No.61).

Regulated Country	Regulated Authority	Current Status	Regulated Entity	License Type	License Number
	Financial Services Agency (FSA)	Regulated	auカブコム証券株式会社	Retail Forex License	関東財務局長(金商)第61号

Products and Services

Fees

au Kabucom Securities offers commission-free forex trading, where the trading cost is incorporated into the spreads.

Au Kabucom charges for transactions involving other products, nevertheless. Here is the stock trading commission, for instance.

Stock trading commission (excluding Petit (Kabu®) and Premium Accumulation (Petit (Kabu® )))

Note:

• The above fees will be applied regardless of the execution conditions (market order, limit order, automated trading, etc.).
• If a calculation (fee calculation or consumption tax calculation) results in a fractional part, it will be rounded down.
• For transactions over the phone, an operator fee of 2,200 yen (tax included) will be added separately.
• The fees for buying and selling stock acquisition rights are the same as the fees for buying and selling physical shares mentioned above.
• There are no fees for transactions within a NISA (tax-free small-scale investment) account.
• If the upper limit of the price range (stop high) changes due to a period-specified order and the available amount falls short, the order will be forcibly canceled.

Trading Platform

Au Kabucom Securities offers an au Kabucom app which is available both on the PC and mobile platform.

Global Prime Review

Global Prime is a brokerage firm registered in Australia and regulated by the ASIC. With a history of 10-15 years, the broker offers a diverse range of trading instruments, including currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks, and bonds.

There is no minimum deposit requirement, allowing flexibility for traders. The broker provides a maximum leverage of 1:100 and offers tight spreads to enhance trading conditions. Trading is facilitated through industry-standard platforms like MetaTrader 4 (MT4) and TradingView. Global Prime supports multiple deposit and withdrawal methods, including PayPal, Mastercard, Visa. There have been instances of fraud complaints exposure, which is something potential traders should consider.

Regulatory Status

Global Prime is currently regulated by the Australian Securities and Investments Commission (ASIC) and holds a Market Making (MM) type license with license number 385620.

Market Instruments

Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks, bonds .....Global Prime allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Global Prime.

Spreads and Commissions

In Global Prime, the spreads are shown in a separate page and the commissions are 7 USD per lot. We can see that the minimum spreads for major forex pairs are 0.0 pips.

Account Types

Demo Account: Global Prime provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: Global Prime only provides one type of ECN account, the commission is 7 USD per lot, no minimum deposit and spreads are tight.

Trading Platforms

When it comes to trading platforms, Global Prime provides MT4 and Tradingview, both are among the most popular platforms in the world. The clients may choose the one they prefer freely.

Leverage

The maximum leverage offered by Global Prime is only 1:30 or 1:100, which may seem too low to you. In reality, those leverage of up to 1:500 or even 1:1000 are all from unregulated or offshore regulated brokers, and as we know, offshore regulation is much less strict regulation. For brokers that are formally regulated by the major regulatory bodies, they can only offer leverage of 1:30 or 1:50 at best, which is sufficient for the novice Forex trader. Lower leverage reduces the potential gains on trades, but more importantly, it reduces much of the risk. We recommend that you always keep your account risk at 2% or less.

Deposit & Withdrawal

In terms of deposit and withdrawal, like many good brokers, Global Prime provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc.

Educational Resources

A series of educational resources is available at Global Prime, such as autochartist alerts, economic calendar, market opportunities, chrome extender, VPS, autotrade, pip calculator, etcetera.

Customer Support

Global Prime offers comprehensive customer support tailored to meet the needs of its diverse client base. Here are the key details regarding their customer service offerings:

• Languages Supported: English and Portuguese, accommodating a broad range of clients.
• Service Hours: Available 24 hours a day, 5 days a week, aligning with global forex market hours.
• Email Support: Clients can reach out for assistance via email at support@globalprime.com.
• Phone Support: For direct communication, clients can call +61 (2) 8379 3622.
• Physical Addresses:
• Australia: Global Prime PTY Ltd (ABN 74 146 086 017), Suite 504, 35 Grafton Street, Bondi Junction, Australia.
• Vanuatu: Global Prime FX (Company Number 40256), Govant Building, BP 1276, Port Vila, Vanuatu.
• Social Media Presence: Global Prime maintains an active presence on several social media platforms including Facebook, LinkedIn, YouTube, and Twitter.

FAQs

Is this broker well regulated?

Yes, it is currently effectively regulated by ASIC.

What trading instruments are available?

You can trade a variety of instruments including currency pairs, indices, commodities, metals, energy products, cryptocurrencies, stocks, and bonds.

What is the minimum initial deposit required to open an account?

There is no minimum deposit required to start trading.

What is the maximum leverage offered?

The maximum leverage offered is 1:100.