Matsui Information

Matsui Securities, regulated by Japan's FSA, offers financial instruments including Japanese and US stocks, investment trusts, FX, futures and options, NISA, iDeCo, and MMFs. They provide various trading platforms for both mobile and PC, and notably feature free deposits and withdrawals.

Pros and Cons

Is Matsui Legit?

Matsui has a Retail Forex License regulated by the Financial Services Agency (FSA) in Japan with a license number of 関東財務局長(金商)第164号.

What Can I Trade on Matsui?

Matsui offers diverse financial products, including Japanese stocks, US stocks, investment trusts, FX, futures and options, NISA, iDeCo, and MMFs. Their services cover banking, account management, deposits/withdrawals, points service, and more.

Account Type

1. For private customers, Matsui offers two main account types: General Account for all transactions, including Japanese and US stocks, and FX Dedicated Account for only FX trading. You can open either account for free.

1. For Minors, Matsui offers a free account opening if a parent or guardian already has an account. If not, you can request information for parental and minor accounts.

1. For corporate customers, Matsui offers a free account opening.

Matsui Fees

Spreads: Matsui offers spreads for major currency pairs, including USD/JPY at 0.2-0.9 sen, EUR/JPY at 0.5 sen, AUD/JPY at 0.7 sen, and EUR/USD at 0.4 pips.

Commissions: Matsui's spot trading features a flat “Box Rate” fee structure based on the total daily contract price. Customers aged 25 or younger (including minors) enjoy commission-free trading. For those older, fees start at JPY 0 for up to 500,000 yen and increase with the total contract value.

Non-Trading Fees

Trading Platform

Deposit and Withdrawal

Matsui charges no fees for deposits and withdrawals.

Bell Potter Information

Bell Potter is a leading full-service stockbroking and financial advisory firm in Australia, owned by Bell Financial Group (BFG.ASX). It serves individual investors, corporate, and institutional clients, offering services such as Australian/international stockbroking, fixed income, superannuation planning, corporate financing (e.g., IPOs, mergers, and acquisitions), and research analysis. The firm supports client investments through its global network.

Pros and Cons

Is Bell Potter Legit?

Bell Potter is a holder of the Australian Financial Services License (AFSL), owned by the listed company Bell Financial Group, and regulated by the Australian Securities and Investments Commission (ASIC), with the license number 000243480.

What Can I Trade in Bell Potter?

Account Type

According to the official website, Bell Potter offers the following account types:

Personal Investment Account: Suitable for individual investors, supporting trading in Australian shares, international stocks, ETFs, etc., and can be paired with superannuation planning services.

Corporate Account: Tailored for corporate clients, providing services such as IPOs, equity financing, and merger & acquisition consulting, requiring customized applications.

Institutional Account: Designed for fund companies and asset management institutions, offering trade execution, research coordination, and Corporate Access services.

Intermediary Services Account: Specifically designed for financial planners, enabling client-based trading on behalf of clients, along with research support and customized seminars.

Trading Platform

Investors can access the Bell Potter Client Access portal via the web to view real-time information such as portfolio valuations. Additionally, third-party platform integration supports electronic settlement through the CHESS system, enabling unified management of holdings with other ASX-traded assets.

Deposit and Withdrawal

Deposit is supported via bank transfer (AUD and foreign currency accounts). Withdrawal is returned to the bound bank account via the original route, and an application needs to be submitted through the account backend. AUD transactions typically arrive within 1-2 business days, while international transfers may be extended to 3-5 business days.

The primary currency is AUD, and international transactions require conversion to local currency (foreign exchange conversion fees apply).