S.A.M. Trade	Basic Information
Company Name	S.A.M. Trade
Founded	2015
Headquarters	Australia
Regulations	Unlicensed broker
Tradable Assets	Forex, Indices, Commodities, Futures, Cryptocurrencies
Account Types	Standard Account, VIP Account, ECN Account, Islamic Account
Minimum Deposit	$10
Maximum Leverage	1:1000
Spreads	Varies depending on account type and instrument
Commission	No commission for most account types; $5 commission per round lot turn for ECN Account
Deposit Methods	Tether (USDT), Bank Wire Transfer, Visa/Mastercard Credit & Debit Cards
Trading Platforms	MetaTrader 4 (MT4), CopySam™
Customer Support	Contact form, Email
Education Resources	Educational guides, Membership program
Bonus Offerings	Not specified

General Information

S.A.M. Trade is an unlicensed broker based in Australia that offers a range of tradable assets including Forex, Indices, Commodities, Futures, and Cryptocurrencies. They provide different account types such as Standard, VIP, ECN, and Islamic accounts, with minimum deposits starting at $10. The broker offers leverage of up to 1:1000 and varying spreads depending on the account type and instrument. Traders have access to the MetaTrader 4 (MT4) platform and a copy trading platform called CopySam™. S.A.M. Trade also provides educational resources, membership programs, and accessible customer support channels.

However, it's important to note that S.A.M. Trade operates as an unlicensed broker. This raises concerns about regulatory oversight and accountability, as well as potential issues with fund safety and unfair trading practices. Traders should exercise caution when considering trading with an unlicensed broker, as there may be limited avenues for dispute resolution and challenges in recovering funds in case of disputes or financial issues.

While S.A.M. Trade offers a wide range of tradable assets, account types with varying leverage options, and access to popular trading platforms, the lack of regulatory oversight and accountability is a significant drawback. Traders should carefully evaluate the risks and consider regulated alternatives before engaging with S.A.M. Trade or any unlicensed broker.

Is S.A.M. Trade Legit？

S.A.M. Trade is an unlicensed broker, and it is risky trading with it. Caution is advised when considering trading with S.A.M. Trade, as this broker operates without a license. Trading with an unlicensed broker carries inherent risks and raises concerns regarding the safety and security of funds. Regulatory authorities play a crucial role in overseeing and regulating the operations of brokers, ensuring compliance with industry standards and protecting the interests of traders.

Choosing to trade with an unlicensed broker such as S.A.M. Trade means there is a lack of regulatory oversight and accountability. This absence of oversight can result in potential issues such as inadequate client fund protection, unfair trading practices, and limited avenues for dispute resolution. In the event of any disputes or financial issues, traders may face challenges in seeking recourse or recovering their funds.

Pros and Cons

S.A.M. Trade offers a wide range of tradable assets and provides different account types with varying leverage options and spreads. Traders have access to the popular MetaTrader 4 (MT4) platform and a copy trading platform called CopySam™. The broker also provides educational resources and a membership program. Additionally, they offer accessible customer support channels. However, it's important to note that S.A.M. Trade is an unlicensed broker, which raises concerns about regulatory oversight and accountability. There may be potential issues with fund safety and unfair trading practices. Furthermore, the limited avenues for dispute resolution can be a disadvantage for traders.

Pros	Cons
Wide range of tradable assets	Unlicensed broker
Different account types with varying leverage options and spreads	Lack of regulatory oversight and accountability
Availability of MetaTrader 4 (MT4) and CopySam™ platform	Potential issues with fund safety and unfair trading practices
Educational resources and membership program	Limited avenues for dispute resolution
Accessible customer support channels

Market Instruments

S.A.M. Trade offers a variety of trading instruments to its clients, including Forex, Indices, Commodities, Futures, and Cryptocurrencies. Here's a breakdown of each category:

1. Forex:

S.A.M. Trade provides trading services for over 30+ currency pairs. Each currency pair is offered with a standard contract size of 100,000 units of the first-named currency. The company operates 24/5 trading, allowing traders to participate in the forex market throughout the week. It's important to note that there may be fluctuations in spreads during opening, closing, and between market sessions. These fluctuations can be attributed to routine settlements conducted by major financial institutions, which can affect prices. S.A.M. Trade offers a range of major and minor currency pairs, each with its own value per pip, contract size, minimum lot size, and typical spread.

2. Indices:

S.A.M. Trade provides investors with the opportunity to trade on derivatives of various indices. Trading indices offers a way to diversify risk compared to single stock trading. The company offers a selection of popular indices such as ASX 200, FTSE CHINA A50, Germany DAX 30, Euro Stoxx 50, Hang Seng, KOSPI 200, and more. Each index contract has its own value per tick, quote digits, contract size per lot, minimum lot size, and average spread.

3. Commodities:

S.A.M. Trade allows investors to expand their investment portfolios by trading derivatives on spot metals and energies. The company offers contracts for gold, silver, WTI crude oil, Brent crude oil, and natural gas. Each commodity contract has a specific value per contract, quote digits, contract size per lot, minimum lot size, and average spread.

4. Futures:

Trading futures enables investors to diversify their portfolios and explore various trading opportunities. S.A.M. Trade offers futures contracts for the volatility index, Hang Seng China Enterprises, India Nifty 50, KOSPI 200, Russell 2000 Mini, Dollar Index, 10-year US Bond, DAX 30, Mini-sized DJIA, and US Oil. Each futures contract has its own value per tick, quote digits, contract size per lot, minimum lot size, and average spread.

5. Cryptocurrencies:

S.A.M. Trade allows clients to trade CFDs on popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and more. The company offers a range of cryptocurrency pairs, each with its own value per contract, quote digits, contract size per lot, and minimum lot size. It's important to note that leverage on cryptocurrency CFDs is capped at 1:5, and trading hours are available 24/7.

By offering these diverse trading instruments, S.A.M. Trade aims to provide its clients with a wide range of options to suit their investment preferences and strategies.

Here is a comparison table of trading instruments offered by different brokers:

Trading Instruments	S.A.M Trade	IG Group	Just2Trade	Forex.com
CFDs	Yes	No	No	Yes
Forex	Yes	Yes	No	Yes
Indices	Yes	Yes	No	Yes
Commodities	Yes	Yes	No	Yes
Futures	Yes	Yes	Yes	Yes
Cryptocurrencies	Yes	Yes	No	Yes
ETFs	No	Yes	Yes	No
Shares	No	Yes	No	No
Options	No	Yes	Yes	Yes

Account Types

S.A.M. Trade offers a range of account types tailored to meet the specific needs and expertise levels of traders. The account types differ based on factors such as minimum funding requirements, spreads, leverage options, commissions, and additional features.

For the Australia region, S.A.M. Trade provides the following account types:

1. Standard Account: This account offers standard spreads, leverage of up to 1:30, no commission charges, floating spreads, negative balance protection, and 24/5 technical and account support. The minimum funding requirement for this account is USD 10.

2. VIP Account: The VIP account features tight spreads, priority customer support, leverage of up to 1:30, no commissions, floating spreads, negative balance protection, and 24/5 technical and account support. The minimum funding requirement for this account is also USD 10.

3. ECN Account: The ECN account offers the best available spreads, priority customer support, leverage of up to 1:30, USD 5 commission charges, floating spreads, negative balance protection, and 24/5 technical and account support. The minimum funding requirement for this account is USD 100.

For the St Vincent and the Grenadines region, S.A.M. Trade provides the following account types:

1. Standard Account: This account type offers standard spreads, leverage of up to 1:1000, no commission charges, floating spreads, negative balance protection, 24/5 technical and account support, and daily trade call. The minimum funding requirement for this account is USD 10.

2. VIP Account: The VIP account features tight spreads, priority customer support, leverage of up to 1:1000, no commissions, floating spreads, negative balance protection, 24/5 technical and account support, and daily trade call. The minimum funding requirement for this account is also USD 10.

3. ECN Account: The ECN account provides the best available spreads, priority customer support, leverage of up to 1:200, USD 5 commission charges, floating spreads, negative balance protection, 24/5 technical and account support, and daily trade call. The minimum funding requirement for this account is USD 100.

4. Islamic Account: S.A.M. Trade also offers an Islamic account with standard spreads, swap-free trading, leverage of up to 1:500, no commission charges, floating spreads, negative balance protection, 24/5 technical and account support, and daily trade call. The minimum funding requirement for this account is USD 10.

Traders should note that the maximum leverage differs between the two regions, with the Australia region offering a maximum leverage of 1:30, while the St Vincent and the Grenadines region offers higher maximum leverage options, ranging from 1:1000 to 1:200 depending on the account type. It is crucial for traders to consider their risk tolerance and trading strategies when selecting the appropriate account type.

How to Open an Account？

To open an account on S.A.M. Trade, follow these steps:

1. Visit the S.A.M. Trade website: Go to the official website of S.A.M. Trade and locate the “Open Live Account” button on the homepage. Click on it to initiate the account opening process.

2. Choose your account type: On the registration page, you will be presented with different account types to choose from, including Individual, Joint and Corporate.

3. Complete the registration process: Fill in the required information, including your personal details, contact information, and any additional information requested. Ensure that all the provided information is accurate and up to date.

4. Receive your account login details: After submitting the registration form, you will receive an automated email containing your personal account login information. Keep this information secure as it will be used to access your trading account.

5. Log in to your account: Using the provided login details, access your S.A.M. Trade account by logging in through the website's login portal. Make sure to use the correct username and password to gain access successfully.

6. Deposit funds: Once logged in, proceed to deposit funds into your trading account. S.A.M. Trade typically provides multiple payment methods, including Bank Transfers, Visa / Master and Tether (USDT). Choose the most convenient option for you and follow the instructions to deposit the desired amount.

7. Download the trading platform: To start trading, you will need to download the trading platform provided by S.A.M. Trade. Follow the instructions on the website to download and install the trading platform.

Once the trading platform is installed, you can log in using your account credentials and begin trading in the financial markets offered by S.A.M. Trade. It is recommended to familiarize yourself with the platform's features and tools before placing any trades.

Leverage

S.A.M. Trade provides different leverage options based on the account types and the regions in which they operate. In the Australia region, the maximum leverage offered is 1:30 for all the account types available, including the Standard, VIP, and ECN accounts. This means that traders can access a leverage ratio of up to 1:30 for their trades.

On the other hand, in the St Vincent and the Grenadines region, S.A.M. Trade offers higher maximum leverage options. The Standard and VIP accounts in this region allow traders to utilize leverage of up to 1:1000, providing greater potential for amplifying trading positions. The ECN account, however, offers a maximum leverage of 1:200.

It's important for traders to understand that leverage magnifies both potential profits and losses. Higher leverage can increase potential gains but also increases the risk of significant losses. Therefore, it is crucial for traders to carefully assess their risk tolerance, trading strategies, and market conditions when deciding on the appropriate leverage level.

Here is a comparison table of maximum leverage offered by different brokers:

	S.A.M Trade	IG Group	Just2Trade	Forex.com
Maximum Leverage	1:1000	1:30	1:20	1:200

Spreads & Commissions

S.A.M. Trade offers a variety of account types with different spreads and commissions to suit the needs of different traders. For most account types, including the standard ones, there are no commissions charged for investing. This means that traders can execute trades without incurring additional fees beyond the spreads.

While S.A.M. Trade does not provide specific spreads for each account or instrument, they do offer average prices for certain popular trading pairs and assets. For example, the EUR/USD currency pair typically has a spread ranging from 1.7 to 2 pips, indicating the difference between the buying and selling prices. The GBP/USD pair, on the other hand, has an average spread of 2.4 to 2.6 pips. Commodity trades like Crude Oil and Natural Gas have an average spread of 5.0 cents.

For traders looking for the tightest spreads, S.A.M. Trade offers an ECN account type. With this account, traders can access the market through an STP/ECN model, which provides direct access to liquidity providers. However, there is a $5 commission per round lot turn for trades executed through the ECN account. This commission covers the cost of accessing the competitive spreads and liquidity offered by the ECN model.

In summary, S.A.M. Trade offers commission-free investing for most account types, allowing traders to trade without additional fees beyond the spreads. While specific spreads are not provided for all instruments, average prices are available for popular trading pairs and commodities. Traders seeking the tightest spreads can opt for the ECN account, but should be aware of the $5 commission per round lot turn.

Non-Trading Fees

S.A.M. Trade imposes swap charges for positions held overnight. They offer a profit-sharing plan called CopySam™, where users may share a portion of the profits generated from copied trades. Opening a live trading account with S.A.M. Trade is free, and there are no account management fees.

Trading Platform

S.A.M. Trade offers different trading platforms for traders in Australia and St Vincent and the Grenadines.

In Australia, S.A.M. Trade provides the popular MetaTrader 4 (MT4) trading platform. MT4 is widely recognized as a leading trading platform in the world. Traders can download MT4 for free and enjoy its user-friendly interface, extensive tools, and indicators. It supports various financial instruments such as forex, commodities, indices, and cryptocurrencies, providing a seamless trading experience.

For traders in St Vincent and the Grenadines, S.A.M. Trade introduces CopySam™, an innovative trade copying technology. CopySam™ allows traders to follow and trade like expert traders by automatically copying their trades with precision. It offers beginners the opportunity to replicate winning traders' trades and experienced traders the convenience of minimal time involvement while diversifying their portfolios. CopySam™ has received the Collective Investment Platform Certification, ensuring transparency and fair trading practices.

By offering both MT4 and CopySam™, S.A.M Trade caters to the needs of different types of traders. MT4 provides a robust and versatile trading platform for those who prefer to analyze the markets and execute their own trades, while CopySam™ offers a convenient way to follow and copy the trades of successful traders, making it suitable for traders who prefer a more hands-off approach to trading.

Customer Service

S.A.M. Trade offers customer service support through different channels, including a contact form on their website and dedicated email addresses for media/partnership inquiries and general support. Traders can fill out the contact form with their details to receive a prompt response. Media and partnership inquiries can be sent to marketing@samtradefx.com, while general support inquiries can be directed to support@samtradefx.com. Additionally, customers can follow S.A.M. Trade on Facebook and YouTube for updates. While phone support may not be mentioned, the broker is committed to providing accessible customer service through these available channels.

Educational Resources and Community Support

S.A.M. Trade recognizes the importance of education and provides a range of resources to help clients gain knowledge and skills in forex and commodity trading. They offer educational guides and articles that cover various topics such as forex trading basics, CFDs and commodities, leverage and margin, and important concepts like Overnight Funding and Margin Call Policy. These resources aim to equip traders with the necessary understanding to navigate the trading world effectively.

In addition to educational materials, S.A.M. Trade offers an exclusive membership program that provides valuable guidance and market analysis. Led by expert trainers, registered clients gain access to the latest market news, fundamental research, and a results-driven approach to trading. The membership program includes eight sessions held every Friday evening for eight weeks, as well as a Bootcamp consisting of 10 sessions spread over three weekends. While there is a one-time membership fee of $10,000 associated with this program, clients can benefit from the expertise and insights shared during these sessions to enhance their trading strategies.

Trading Tools

S.A.M. Trade offers trading tools to enhance the trading experience and ensure the security of funds. One of these tools is SamTracks™, a Portfolio Monitoring System that helps traders track their account and trading performance. It provides an overview of the account, allows performance tracking, monitors asset allocation, and displays traded volume.

S.A.M. Trade also prioritizes fund security through their Six Pillars of Secured Fund Coverage, known as SamAide™. These pillars include measures such as segregating clients' funds, professional indemnity insurance, third-party insurance protection, membership in the Financial Commission, and Negative Balance Protection. They also provide real-time deposit and withdrawal notifications to keep clients informed about their account activity.

Promotion

S.A.M. Trade provides promotional offers to its clients, including the SamRewards™ program. This program rewards retail investors based on their trading volumes. By meeting certain criteria such as making a first deposit of $500, trading 1 standard FX lot, or referring new clients, investors can earn 'points'. These points can then be exchanged for luxury prizes, including electronics.

In addition, S.A.M. Trade occasionally organizes a 'Traders' Challenge'. This challenge allows clients to compete based on their performance during a specific month. Participants have the opportunity to win up to $2000 and earn 1,000 SamPoints, providing an added incentive for traders to excel in their trading activities.

Deposit & Withdrawal

At S.A.M. Trade, there are several deposit methods available for clients. These include Tether (USDT), which typically takes up to one working day to process, Bank Wire Transfer, which takes one to four working days, and Visa & Mastercard Credit & Debit Cards, which are processed within one hour during weekdays. While most S.A.M. Trade live accounts have a minimum deposit of $10, the accepted payment methods require a minimum deposit of $20 or its equivalent currency (or USDT 50). The broker itself does not charge any fees for deposits, but investors may be responsible for any third-party charges.

When it comes to withdrawals, S.A.M. Trade accepts withdrawals through the same deposit methods. A minimum withdrawal amount of $20 or USDT 50 applies. Withdrawal processing times typically range from one to four working days for bank transfers and credit/debit cards. However, all withdrawals are processed by the broker within 72 hours. Tether payments, on the other hand, can be processed in one working day. Just like with deposits, S.A.M. Trade does not charge any withdrawal fees, but investors may need to bear any applicable third-party charges.

Conclusion

In conclusion, S.A.M. Trade is an unlicensed broker based in Australia that offers a variety of tradable assets and account types with attractive features such as low minimum deposits, high leverage, and access to popular trading platforms. However, the lack of regulatory oversight and accountability is a significant disadvantage. Trading with an unlicensed broker raises concerns about fund safety, unfair trading practices, and limited avenues for dispute resolution. Traders should carefully evaluate the risks involved and consider regulated alternatives before engaging with S.A.M. Trade or any unlicensed broker.

FAQs

Q: Is S.A.M. Trade a regulated broker？

A: No, S.A.M. Trade currently operates without valid regulation.

Q: What trading instruments are available on S.A.M. Trade？

A: S.A.M. Trade offers Forex, Indices, Commodities, Futures, and Cryptocurrencies as trading instruments. Each category has a variety of assets available for trading.

Q: What leverage options does S.A.M. Trade offer？

A: S.A.M. Trade offers leverage options of up to 1:1000 for Standard and VIP accounts, up to 1:200 for ECN accounts, and up to 1:500 for Islamic accounts.

Q: What trading platforms are available at S.A.M. Trade？

A: S.A.M. Trade offers MetaTrader 4 (MT4) and their proprietary copy trading platform, CopySam™.

Q: What are the deposit and withdrawal methods offered by S.A.M. Trade？

A: S.A.M. Trade accepts deposits through Tether (USDT), Bank Wire Transfer, and Visa/Mastercard Credit & Debit Cards. Withdrawals can be made using the same methods.

Aspects	Information
Registered Country/Area	Japan
Founded Year	2012-10-12
Company Name	GMO CLICK Securities, Inc.
Regulation	Regulated in Japan
Minimum Deposit	Not specified
Maximum Leverage	Not specified
Spreads	Varies depending on trading instrument
Trading Platforms	FX neo, Hatchu-kun FX Plus, FXWatch!, mobile apps
Tradable Assets	Stocks, investment trusts, futures options, FX, forex options, CFDs, stock index binary options, bonds
Account Types	FXneo, AnyForex OP, AnyCFDs, AnyIXOP, Brokerage account, Securities Connect Account (Bank Linkage), Forex Trading Account, Corporate Customers
Demo Account	Available
Islamic Account	Not specified
Customer Support	FAQs, phone inquiries, inquiry form, direct mail, social media
Payment Methods	Rakuten Bank, MUFG, SMBC, Mizuho, SBI Sumishin Net Bank, ANN Seven Bank, JP Yucho Bank, Resona Bank, Aeon Bank, Jibun Bank, Saitama Resona Bank, and others

Overview of GMO CLICK

GMO CLICK is a regulated institution in Japan that offers various financial services. It holds a retail forex license and is regulated by the Financial Services Agency. The company provides a range of market instruments, including stock trading, investment trusts, futures options, FX trading, forex options, currency exchange trading, CFDs, stock index binary options, and bond trading.

To open an account with GMO CLICK, individuals can visit their website and choose the type of account they want to open. The company offers different account options based on the desired trading activities. Users need to fill out an application form, provide personal information, agree to terms and conditions, and submit the completed application.

GMO CLICK offers trading platforms for various devices, including computers, smartphones, and smartwatches. They provide different payment methods for depositing funds, including internet banking, ATMs, and financial institution counters. The company has customer support available through phone, inquiry forms, direct mail, and social media channels.

While GMO CLICK is regulated and offers a range of financial services, it's important to verify the information provided and contact the company directly for the most accurate and up-to-date details regarding their services, regulations, and account opening procedures.

Pros and Cons

GMO CLICK offers a range of financial services, including stock trading, investment trusts, futures options, FX trading, forex options, currency exchange trading, CFDs, stock index binary options, and bond trading. The company is regulated and provides a variety of trading platforms for different devices. They have multiple payment methods available for depositing funds, and customer support is offered through various channels. However, it's important to note that GMO CLICK has certain limitations, such as the absence of trading software according to the provided information. Additionally, specific trading activities may have designated acceptance times, and withdrawals are supported only for GMO CLICK Securities accounts and financial institution accounts with the same name. It's advisable to verify the current details and contact GMO CLICK directly for more accurate and updated information.

Pros	Cons
Regulated institution in Japan	Absence of trading software
Offers a range of financial services	Specific acceptance times for trading activities
Provides various trading platforms	Withdrawals only supported for specific account types
Multiple payment methods for depositing funds
Customer support available through various channels

Is GMO CLICK Legit？

Based on the information provided, GMO CLICK is a regulated institution in Japan. It holds a retail forex license and is regulated by the Financial Services Agency. The license number is “関東財務局長（金商）第77号” and the effective date of the license is September 30, 2007.

However, it's important to note that the information you provided also states that GMO CLICK does not have a trading software according to the current data. This could imply that there may be some limitations or restrictions on their services. It's advisable to verify this information with updated and reliable sources or contact GMO CLICK directly for more accurate and detailed information regarding their regulatory status and available services.

Market Instruments

GMO CLICK Securities offers a range of market instruments:

STOCK: GMO CLICK Securities offers stock trading services at low prices, providing investors with access to the stock market.

INVESTMENT TRUST: The company offers a selection of investment trusts, making it easy for investors to choose funds that have been carefully curated by GMO CLICK Securities.

FUTURES OPTIONS: GMO CLICK Securities provides futures options trading with industry-leading low fees, allowing investors to participate in this market.

FX NEO (OVER-THE-COUNTER TRADING): GMO CLICK Securities offers enhanced trading tools and a low-cost, comfortable FX trading experience for investors.

FOREX OPTIONS: Investors can engage in forex binary options trading through GMO CLICK Securities, which offers a user-friendly interface for easy operation.

CLICK 365 (EXCHANGE TRADING): GMO CLICK Securities provides a wide range of currency pairs for FX exchange trading through the Click 365 platform.

CFDs: Japanese investors can choose from a variety of CFDs (Contracts for Difference) offered by GMO CLICK Securities.

STOCK INDEX BINARY OPTIONS: GMO CLICK Securities offers stock index binary options, allowing investors to engage in this type of trading with ease.

BOND: GMO CLICK Securities facilitates the trading of overseas high-interest bonds, providing investors with access to this asset class.

Pros	Cons
Stock trading services at low prices	Limited information on competitive advantages
Selection of curated investment trusts	Limited information on attractiveness
Futures options trading with low fees	Limited information on tightness of services
Enhanced trading tools for FX trading	Limited information on flexibility of services

Account Types

1. FXneo: This account type is for Forex trading. It allows customers to trade in the Forex market.

2. AnyForex OP: This account type is for Forex options trading. It enables customers to trade options in the Forex market.

3. AnyCFDs: This account type is for CFD (Contract for Difference) trading. It allows customers to trade CFDs.

4. AnyIXOP: This account type is for stock index binary options trading. It enables customers to trade binary options based on stock indexes.

5. Brokerage account: This account type provides tradeable services for various types of transactions, including stock, investment trust, futures OP, FX neo, Forex OP, 365FX, CFDs, BO (Binary Options), and bonds.

6. Securities Connect Account (Bank Linkage): This account type allows customers to open a securities trading account by filling in a single page without requiring an application form. Transactions can start after a minimum of 2 business days. Initial settings registration is required upon the first login.

7. Forex Trading Account: This account type is specifically for FX trading and Foreign exchange OP. It offers tradeable services for FX neo, Forex OP, and 365FX. Opening an FX trading account is faster than a brokerage account and does not require an application form. Customers can switch to a securities trading account from the member page without any difference in trading terms.

8. Corporate Customers: GMO CLICK also provides corporate account opening services for corporate customers.

Pros	Cons
Wide range of account types available, catering to different trading preferences and needs.	Limited customization options within each account type, restricting flexibility for advanced traders.
Provides options for Forex trading, Forex options trading, CFD trading, and stock index trading.	Higher account minimums or fees associated with certain account types, potentially limiting accessibility.
Opening a securities trading account through the Securities Connect Account available.	Longer processing time for opening a securities trading account compared to some competitors.

How to Open an Account？

To open an account with GMO CLICK, follow these steps:

1. Visit the GMO CLICK website and click on the “Account Opening” option.

1. Choose the type of account you want to open from the available options, such as stock, investment trust, futures OP, FX neo, Forex OP, 365FX, CFDs, BO, bond, or Securities Connect Account (Bank Linkage).

2. If you select the Securities Connect Account (Bank Linkage), you can start demo trading by tapping “Start demo trading” on the login screen without registering an account.

1. Fill in the required information on the application form. This typically includes personal details such as name, contact information, address, date of birth, sex, post code, telephone number, and email address.

1. Provide nationality information, indicating whether you have Japanese nationality or nationality other than Japan. Note that accounts cannot be opened by individuals holding U.S. citizenship.

2. Specify if you have any U.S. tax liability, whether you are an important foreign public figure or a relative of one, and your country of residence.

1. Choose your preferences regarding the delivery of email news and direct mail from GMO CLICK.

2. If you wish to open a specific account, select the appropriate options for FX trading, forex options trading, CFD trading, or stock index binary options trading.

1. Read and agree to the terms and conditions and other regulations pertaining to account opening and trading activities.

2. Review the documents to be delivered before concluding a contract for securities and CFD transactions, and agree to their terms.

3. Confirm that the information entered in the application is accurate and certify that it is provided by the account holder or an authorized representative.

4. Submit the completed application.

Spreads & Commissions

GMO Click offers spreads on various currency pairs. The spreads for USD/JPY are 0.2 pips, for EUR/JPY they are 0.5 pips, for GBP/JPY they are 1.0 pips, for AUD/JPY they are 0.7 pips, for EUR/USD they are 0.4 pips, and for GBP/USD they are 1.0 pips. These spreads indicate the difference between the buying and selling prices of these currency pairs.

When trading Nikkei 225 options, GMO Click charges a minimum commission of 0.152% of the contract price. Additionally, there is a minimum commission fee of 214 yen applicable for these trades. The commission is calculated based on the percentage of the contract price and ensures that the broker earns revenue from facilitating these options trades.

GMO Click provides free trading services for certain types of trading instruments. Forex options trading, stock index binary options trading, and CFD (Contract for Difference) trading do not incur any charges. This means that traders can engage in these types of trading activities without paying commissions or fees to GMO Click.

Deposit & Withdrawal

GMO CLICK offers an instant deposit service that allows customers to transfer funds immediately. The service supports transfer deposits via ATMs and bank counters, and withdrawals are also free of charge. The minimum withdrawal amount is 10,000 yen, and the maximum withdrawal amount is 100 million yen. However, if the balance is below 10,000 yen, the entire balance will be withdrawn at once.

It's important to note that withdrawals are only supported for GMO CLICK Securities accounts and financial institution accounts with the same name. The amount that can be withdrawn in one operation ranges from ¥10,000 to ¥100,000,000.

GMO CLICK provides bank accounts for each customer, including GMO Aozora Net Bank and Mitsubishi UFJ Bank. When making a transfer from a bank counter or ATM, customers are required to make a payment to their bank account. Please be aware that the transfer source is limited to domestic branches of financial institutions.

GMO CLICK provides various options for customers to deposit funds. Those using internet banking can take advantage of the immediate deposit service, which allows for instant fund transfers without any commission fees. Deposits made through ATMs or financial institution counters are also free of commission, and customers can perform these transactions using their computers or smartphones. Additionally, GMO CLICK offers the option to deposit funds from the Securities Connect account of GMO Aozora Net Bank, and this service is commission-free and can be accessed through a computer. For customers investing in mutual funds, the investment trust reserve fee is automatically deducted monthly from the designated financial institution account.

In terms of withdrawals, GMO CLICK does not charge any commission, and customers can initiate the withdrawal process through the GMO CLICK Securities member page. This can also be done through their smartphone app.

Pros	Cons
Instant deposit service	Minimum withdrawal amount of 10,000 yen
Supports transfer deposits	Entire balance withdrawn if below 10,000 yen
Free withdrawals	Withdrawals limited to GMO CLICK Securities accounts
Various deposit options	Withdrawals limited to accounts with the same name
Commission-free deposits	Withdrawal amount limited to 10,000 to 100,000,000 yen
	Limited withdrawal methods (GMO CLICK Securities member page and smartphone app)

Trading Platforms

GMO Click offers a variety of trading platforms, including FX neo for high-performance FX trading on computers, Hatchu-kun FX Plus for rate delivery and execution speed, and FXWatch! for checking rates and charts on smartwatches. They also provide CFD trading apps, such as GMO Click CFDs and Hatchu-kun CFD, along with stock trading apps like GMO Click stock and GMO Click Stock for iPad. Super Hatchu-kun is a comprehensive tool for stock/futures OP trading. Traders can also access smartphone browser-based platforms for Forex OP, stock trading, and binary options. Additionally, there are iPhone and Android apps available for Click 365 trading. Transactions can be conducted on a PC browser using the WEB transaction screen.

Payment Methods

GMO CLICK offers a range of payment methods for customers to deposit funds. These include options such as Rakuten Bank, MUFG, SMBC, Mizuho, SBI Sumishin Net Bank, ANN Seven Bank, JP Yucho Bank, Resona Bank, Aeon Bank, Jibun Bank, and Saitama Resona Bank, among others. Customers can utilize internet banking services to make immediate fund transfers without incurring any commission fees. Deposits can be made through ATMs or financial institution counters, and these transactions are also commission-free. The method of depositing funds through computers or smartphones is provided. GMO CLICK also facilitates deposits from the Securities Connect account of GMO Aozora Net Bank, with no commissions and accessibility via computer. For customers investing in mutual funds, the investment trust reserve fee is automatically deducted monthly from the designated financial institution account.

Pros	Cons
Offers a variety of trading platforms to choose from	Steep learning curve for beginners
Provides high-performance FX trading with FX neo	Limited availability of some platforms on specific devices
Offers rate delivery and execution speed with Hatchu-kun FX Plus	Some platforms may lack advanced features or tools
Allows rate checking and chart monitoring on smartwatches through FXWatch!	Lack of flexibility in platform customization options
Provides CFD trading options with GMO Click CFDs and Hatchu-kun CFD	Potential compatibility issues with certain devices or browsers
Offers stock trading apps for both GMO Click stock and GMO Click Stock for iPad	Possible stability or reliability concerns with certain platforms

Trading Hours

GMO CLICK offers customer support through various channels and during specific time frames. The call center is available from 8:00 until close and provides assistance for trading inquiries. Trading platforms like Super Hatchu allow login access from 0:00 to 24:00, excluding maintenance time. Specific acceptance hours are set for immediate deposits, transfers, and order placements based on different types of trading accounts. Support for mutual fund trading is available from 6:30 to 15:00 and 17:00 to 3:30. For futures, options, forex, Click 365, and CFD trading, there are designated acceptance times. Forex Neo and forex options trading have 24-hour availability, while CFD trading is open from Monday to Friday, 8:00 am to 7:00 am the next day. Bond trading hours vary for domestic and foreign bonds. It's important to be aware of these time frames when seeking customer support or engaging in trading activities with GMO CLICK.

Customer Support

1. FAQ: GMO CLICK provides a Frequently Asked Questions (FAQ) section on their website. Traders can enter keywords related to their inquiries and search for relevant information. The FAQ covers various topics, including account login, password recovery, deposit/withdrawal methods, tax information, and more.

2. Inquiries by Phone: Traders can reach out to GMO CLICK's customer support team via phone. The contact number for Japanese customers is +81 0120727930.

3. Inquiries Using the Inquiry Form: GMO CLICK offers an inquiry form for customers to submit their questions or concerns. This form allows traders to seek assistance or clarification on various aspects of their trading experience.

4. Direct Mail (DM): GMO CLICK provides the option of contacting customer support through direct mail. Customers can use this method to address specific issues, such as suspension procedures, inheritance procedures, or other account-related matters.

5. Responding to Opinions and Requests: GMO CLICK acknowledges and values customer feedback. They have a system in place to respond to opinions and requests, allowing traders to provide input on their services and suggest improvements.

6. Business Operation System for Complaints and Disputes: GMO CLICK has a business operation system designed to handle complaints and resolve disputes. They outline the procedures and mechanisms through which customer concerns can be addressed.

7. Social Media Presence: GMO CLICK maintains a presence on social media platforms such as Twitter (https://twitter.com/GMO_ClickSec_PR) and Facebook (https://www.facebook.com/gmoclicksec). Traders can connect with them through these channels to stay updated and potentially reach out for support.

Conclusion

In conclusion, GMO CLICK is a regulated institution in Japan that offers various market instruments such as stocks, investment trusts, futures options, forex options, CFDs, and more. It provides multiple account types and trading platforms to cater to different preferences. GMO CLICK's deposit and withdrawal options are diverse, allowing customers to choose from a range of payment methods. However, it's important to note that GMO CLICK does not have a trading software according to the available information, and there may be limitations or restrictions on their services. Traders should verify the current status of their offerings and contact GMO CLICK directly for detailed information. Additionally, the spreads and commissions may vary depending on the trading instruments, and customers should consider these factors when engaging in trading activities.

FAQs

Q: Is GMO CLICK a regulated institution？

A: Yes, GMO CLICK is a regulated institution in Japan and holds a retail forex license. It is regulated by the Financial Services Agency (FSA) with the license number “関東財務局長（金商）第77号” and the effective date of the license is September 30, 2007.

Q: What market instruments does GMO CLICK offer？

A: GMO CLICK Securities offers a range of market instruments including stocks, investment trusts, futures options, FX NEO (over-the-counter trading), forex options, CLICK 365 (exchange trading), CFDs (Contracts for Difference), stock index binary options, and bonds.

Q: How can I open an account with GMO CLICK？

A: To open an account with GMO CLICK, you can visit their website and click on the “Account Opening” option. Choose the type of account you want to open, fill in the required information on the application form, agree to the terms and conditions, and submit the completed application.

Q: What are the spreads and commissions charged by GMO CLICK？

A: GMO CLICK offers spreads on various currency pairs, and the commissions vary depending on the trading instrument. For example, the spreads for USD/JPY are 0.2 pips, and when trading Nikkei 225 options, there is a minimum commission of 0.152% of the contract price.

Q: What are the available payment methods for depositing funds with GMO CLICK？

A: GMO CLICK offers various payment methods including Rakuten Bank, MUFG, SMBC, Mizuho, SBI Sumishin Net Bank, ANN Seven Bank, JP Yucho Bank, Resona Bank, Aeon Bank, Jibun Bank, and Saitama Resona Bank, among others. Internet banking services and deposits through ATMs or financial institution counters are also available.

Q: What are the trading platforms offered by GMO CLICK？

A: GMO CLICK provides a variety of trading platforms including FX neo, Hatchu-kun FX Plus, FXWatch!, GMO Click CFDs, Hatchu-kun CFD, GMO Click stock, GMO Click Stock for iPad, Super Hatchu-kun, and smartphone browser-based platforms for Forex OP, stock trading, and binary options.

Q: What are the trading hours and customer support options provided by GMO CLICK？

A: GMO CLICK offers customer support through various channels during specific time frames. The call center is available from 8:00 until close, and support hours vary for different types of trading activities. Customer support options include FAQs, inquiries by phone, an inquiry form, direct mail, responding to opinions and requests, and a business operation system for complaints and disputes. GMO CLICK also has a social media presence on platforms like Twitter and Facebook.