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SBI SECURITIES , MRG MEGA BERJANGKA Broker Comparison

Do you want to know which is the better broker between SBI SECURITIES and MRG MEGA BERJANGKA ?

In the table below, you can compare the features of SBI SECURITIES , MRG MEGA BERJANGKA side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
SBI SECURITIES
7.98
Regulated
Under guarantee
--
--
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
MRG MEGA BERJANGKA
7.21
Regulated
Under guarantee
--
--
5-10 years
BAPPEBTI,JFX
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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SBI SECURITIES 、 MRG MEGA BERJANGKA BrokerRelated News

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do sbi-securities and mrg have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

sbi-securities
SBI Securities Review Summary
Founded1999
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsForex, Stocks, Bonds, ETFs, Mutual Funds, CFDs, Gold/Platinum, NISA, iDeCo
Demo AccountAvailable
LeverageUp to 1:25 (for FX)
SpreadFrom 1 pip (FX pairs),0.5 pips(CFDs)
Trading PlatformProprietary web and mobile platforms, HYPER SBI
Min Deposit¥10,000
Customer SupportPhone: 0120-104-214
Email: contact@sbisec.co.jp
24/7 Online Chat: No
Physical Address: Japan

SBI Securities Information

Established in 1999 with a headquarters in Japan, SBI Securities is under FSA control. Forex, equities, bonds, ETFs, mutual funds, and more are among the several market tools it provides with leverage up to 1:25 for FX trading. The platform offers proprietary web and mobile trading systems including HYPER SBI and enables a minimum deposit of ¥10,000.

SBI Securities Information

Pros and Cons

ProsCons
Over 150+ financial products and servicesLimited leverage for FX (max 1:25)
Provide NISA and iDeCo accounts for tax advantagesNo 24/7 customer support
Regulated by FSA

Is SBI Securities Legit?

Current StatusRegulated
License TypeRetail Forex License
Regulated ByJapan
License No.関東財務局長(金商)第44号
Licensed Institution株式会社SBI証券
Is SBI Securities Legit?

What Can I Trade on SBI Securities?

SBI Securities offers a 150+ stocks, 30+ currency pairs, and various ETFs, mutual funds, and bonds.

Tradable InstrumentsSupported
Forex
Stocks(Overseas and Japan stock)
ETFs(Overseas)
Mutual Funds
Bonds
Commodities
Options
Cryptocurrencies
What Can I Trade on SBI Securities?

Leverage

SBI Securities only provides 1:25 leverage for FX pairs.

Account Types

SBI Securities offers multiple account types: regular investment accounts, NISA accounts, and iDeCo pension accounts.

Demo accounts are also available.

Account TypeMinimum DepositFeatures
Regular Account¥10,000Access to all products and services
NISA Account¥0Tax-advantaged investing
iDeCo AccountVariablePension-specific tax benefits

SBI Securities Fees

With specified fees for domestic stock transfers under different names and ¥3,300 for investment trust transfers, SBI Securities offers free account administration, deposits, withdrawals, and most transfers.

Trading Fees

ServiceFee
Domestic StocksStarting from ¥99 per trade
Investment TrustsVaries by fund (management fees apply)
FX (Foreign Exchange)From 1 pip (spread only)
ETF/ETNVaries by issuer
REITsVaries by issuer
BondsDepends on bond type
CFDsFrom 0.5 pips (spread only)

Non-Trading Fees

ServiceFee
Account Opening and ManagementFree
Bank Transfer DepositsCustomer-borne transfer fees
Instant Deposits/Real-Time DepositsFree
WithdrawalsFree
Domestic Stock TransfersFree (same-name)
Domestic Stock Transfers (different names)¥2,200 per brand (tax incl.)
Investment Trust TransfersFree (same-name) / ¥3,300 per brand (tax incl.)
Foreign Stock TransfersFree (same-name) / ¥2,200 per brand (tax incl.)

Paid Services (Optional)

ServiceFee
Premium News¥37,125/month (tax incl.)
Real-Time US Stock Prices¥550/month (tax incl.)
BroadNewsStreet¥330/month (tax incl.)
SBI Securities Fees

Trading Platform

SBI provides different App for different products.

Trading PlatformSupportedAvailable DevicesSuitable for
HYPER SBIWindows, macOSStock traders
SBI Mobile AppiOS, AndroidOn-the-go trading
Unique App for different products(SBI stock App, Domestic socks smartphone site.etc)WebGeneral and retail traders
Trading Platform

Deposit and Withdrawal

SBI Securities does not charge withdrawals or deposits fees. Account type determines the minimum deposit; it ranges from ¥10000 in standard account.

mrg
MRG Mega Berjangka Limited
Founded1998
Registered Country/RegionIndonesia
RegulationBAPPEBTI and JFX
Market InstrumentsForex, gold, US Index & Crude Oil
Account TypesGOLD, SILVER, PLATINUM
Demo AccountAvailable
Leverage1 : 100
SpreadFrom 0.8 pips
Deposit & Withdrawal/
Trading PlatformMT4
Minimum Deposit$300
Customer SupportPhone:021 7278 1710
Live chat
Senayan City, Panin Tower Lt. 22 Jl.Asia Afrika Lot 19, Jakarta Selatan 10270

MRG Mega Berjangka Information

PT. MRG Mega Berjangka, a company engaged in futures trading and more commonly known as MRG Mega Berjangka, was established in 1998. It offers a diverse range of trading instruments including forex, gold, US Index, and Crude Oil.

There are three account types: GOLD, SILVER, and PLATINUM, with a minimum deposit requirement of $300 and a leverage ratio of 1:100. The platform provides the MetaTrader 4 platform across multiple systems.

MRG Mega Berjangka Informatio

Is MRG Mega Berjangka Legit?

Yes, it has two licenses in Indonesia.

Regulatory AuthorityRegulatory StatusLicense TypeRegulated CountryLicense Number
Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI)RegulatedRetail Forex LicenseIndonesia05/BAPPEBTI/SI/XII/2000
Jakarta Futures ExchangeRegulatedRetail Forex LicenseIndonesiaSPAB - 001/BBJ/09/00
Is MRG Mega Berjangka Legit?
Is MRG Mega Berjangka Legit?

Account Types

GOLDSILVERPLATINUM
Spread (Start from)2.30.82.3
CommissionForex & Gold: 30 per Lot; Index & Crude Oil: 20 per Lot$8 per LotForex & Gold: 30 per Lot; Index & Crude Oil: 20 per Lot
Min. Lot0.1 Lot0.1 Lot1 Lot
Max. Lot10 Lots3 Lots50 Lots
Max. Open LotUnlimited5 LotsUnlimited
Leverage1 : 1001 : 2001 : 100
Min. Stop & Limit Order2 Points2 Points2 Points
Trading StyleNo ArbitrageNo ArbitrageNo Arbitrage
Min. Deposit$500$300$5,000
Account Trading RulesGold Acc: Forex & Gold; Gold Acc: US Index & Crude OilSilver Acc: [Not specified in the given data]Platinum Acc: Forex & Gold; Platinum Acc: US Index & Crude Oil
Account Types

MRG Mega Berjangka Fees

The GOLD and PLATINUM accounts share the same fee model, charging 30/lot for forex & gold and 20/lot for indices & crude oil, with spreads starting at 2.3 pips.

In contrast, the SILVER account offers the lowest spread at 0.8 pips but applies a flat commission of $8/lot across all instruments.

Trading Platform

MRG Mega Berjangka offers MetaTrader 4 trading platform. It includes MetaTrader 4 for Windows systems, the MetaTrader version for Apple iOS devices, and the MetaTrader mobile app for Android devices. You can choose to download it according to your own needs.

Trading Platform

Deposit & Withdrawal

MRG Mega Berjangka has not specified the specific deposit methods and fees, but has shown the detailed deposit steps:

Deposit steps

  1. Enter the username and password obtained during registration in the login field and click “Login”.
  2. After obtaining the MetaTrader login ID and password, select the “Top-Up” menu.
  3. Enter the amount of funds you wish to deposit.
  4. Select “Local Bank Transfer” and choose the account listed with an amount that matches the data you entered (MRG Mega Berjangka does not use the auto-debit function for the security of customer funds).
  5. Ensure that all deposit information is filled in correctly, and then click “Submit”.

Withdrawal steps

  1. Enter the username and password obtained during registration in the login field and click “Login”.
  2. Select the “Withdrawal” menu.
  3. Enter the withdrawal amount (in Indonesian Rupiah). Make sure all withdrawal information is filled in correctly, and then click “Submit”.

Notes

  • Withdrawal requests submitted between 00:00 and 12:00 WIB (Western Indonesia Time) will be processed no later than 16:00 on the same day.
  • Withdrawal requests submitted between 12:00 and 00:00 WIB will be processed no later than 12:00 on the next day.
Deposit steps

Do sbi-securities and mrg have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive sbi-securities and mrg are, we first considered common fees for standard accounts. On sbi-securities, the average spread for the EUR/USD currency pair is -- pips, while on mrg the spread is --.

Which broker between sbi-securities, mrg is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

sbi-securities is regulated by FSA. mrg is regulated by BAPPEBTI,JFX.

Which broker between sbi-securities, mrg provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

sbi-securities provides the -- platform with products like --; mrg offers the -- platform featuring assets including --.

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