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.

MTrading Information

MTrading was started in 2012 and is based in Saint Vincent and the Grenadines. It is regulated by the FCA (UK) through MONETRIX LTD. It has a lot of different trading instruments, like forex, commodities, crypto, indices, and CFDs. It also has account types for both new and experienced traders, and you can use several platforms such as MT4, MT5, and WebTrader.

Pros and Cons

Is MTrading Legit?

Yes, MTrading holds a general registered license from the Financial Conduct Authority (FCA) of the United Kingdom, with the licensed business MONETRIX LTD, having a Common Business Registration license, license number 16198039.

What Can I Trade on MTrading?

MTrading has a lot of tradable assets, such as forex currency pairs, commodities, cryptocurrencies, indices, stocks, and CFDs.

Account Type

There are three primary types of live accounts at MTrading: All In Price (MT5), M.Premium (MT4), and M.Pro (MT4). The minimum deposit for all accounts is only $10, and the maximum leverage is 1:1000. You can get demo accounts and Islamic (swap-free) accounts if you want.

Leverage

MTrading gives its account types floating leverage of up to 1:1000, which lets traders handle big positions with a small amount of money. However, high leverage makes both possible gains and possible losses bigger, so traders need to be very careful with how they handle their risks.

MTrading Fees

Compared to other companies in the same field, MTrading's total trading fees are reasonable. The broker has tight spreads on its M.Pro account, starting at 0 pips, and charges $4 a lot in commissions. Its All-In Price and M.Premium accounts have spreads starting at 1 pip and no extra commission.

Non-Trading Fees

Trading Platform

Deposit and Withdrawal

MTrading does not charge any deposit or withdrawal fees. The minimum deposit is $10.

Deposit Options