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.

Hirose-fx was registered in 2004 in Japan. It mainly focuses on the forex and CFD markets, like stocks and commodities. It uses its own trading platforms, called LION FX and LION CFD, and it does not require minimum deposits and withdrawal. More importantly, it is regulated by the Financial Services Agency (FSA) in Japan.

Pros and Cons

Is Hirose-fx Legit?

Yes, Hirose-fx is regulated by the Financial Services Agency (FSA) in Japan. However, the FSA once sanctioned Hirose-fx for violation of laws. Despite the fact that it is regulated, potential risks may still exist, and please be aware of the risks.

WikiFX Field Survey

WifiFX field survey team visited Hirose-fx's regulatory address: 1-3-19 Shinmachi in Nishi-ku of Osaka, Japan. It is found that Hirose-fx has a physical business office.

What Can I Trade on Hirose-fx?

On Hirose-fx, customers can trade forex, stock index, ETFs, and commodities.

Leverage

For some of the stock index and ETF CFDs, the leverage is about 10 times, while for some commodity CFDs, it is about 20 times. When the leverage is high, the risks are also likely to be high. Therefore, careful considerations are recommended.

Spread and Commission

For different currency pairs, the spreads are not the same. As to the EUR/USD pair, the spread is 0.3 pips.

As for commissions, all charging no commissions.

Trading Platform

Hirose-fx uses its own trading platforms, which are LION FX and LION CFD.

Deposit and Withdrawal

Hirose-fx supports 3 types of deposit: quick deposit, quick deposit at ATM, and bank transfer. As for withdrawal, it supports real-time withdrawals and regular withdrawals. More importantly, no commission fees are charged.