Regulated
WikiFX Score
No restriction on the broker account. Provide service support by WikiFX
Single Core
1G
40G
GaitameOnline Co., Ltd.
0120465104
support@gaitameonline.com
Yubinbango 100-6227 , Tokyo Chiyoda-ku Marunouchi 1-11-1
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The Financial Services Agency (FSA) oversees all financial services providers, including Forex brokers, in Japan. The ultimate aim of Japan's FSA is to maintain the country’s financial system and ensure its stability. It is also responsible for protecting security investors, insurance policyholders, and depositors. It achieves its aims in a number of different ways including planning and policy making, supervising financial services providers, overseeing securities transactions, and inspecting financial institutions in the private sector. When the FSA was first created it was merely an administrative body. However, its responsibilities were widened in 2001 when it became the external representative of the Cabinet Office of Japan. It took over the responsibilities of the Financial Reconstruction Committee, and also took over responsibility for failed financial institutions.Today, the FSA Japan is held accountable to the Japanese Minister of Finance and enjoys a wide scope of responsibility.
Current Status:
RegulatedLicense Type:
Retail Forex LicenseRegulated in Country/Area
Regulatory License No.:
5010001110692Email Address of Licensed Institution :
--License Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
東京都千代田区丸の内1-11-1Phone Number of Licensed Institution :
0368122222Licensed Institution Certified Documents :
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General Information & Regulation of Gaitameonline
Gaitameonline Co., Ltd. was established in 2003 in Chiba Prefecture, Japan, and completed registration of its financial futures trading business application in March 2006, joined the Financial Futures Trading Business Association (Membership No. 1544) in April 2006, and started online forex trading services. In July 2007, its head office was moved to Chuo-ku, Tokyo, and in September, it underwent registration for the financial instruments business. In March 2008, the company changed its name to Gaitameonline Co., Ltd, moved its headquarters to Chiyoda-ku, Tokyo, Japan, and increased its capital to 300 million yen in 2014. In July 2015, Gaitameonline completed its registration for the second category of financial instruments business, and in August, it obtained its foreign exchange margin trading qualification. Gaitameonline is currently regulated by the Japan Financial Services Agency and holds its authorized retail foreign exchange license, regulatory number: 5010001110692.
Minimum Deposit of Gaitameonline
Gaitameonline requires no minimum deposit for opening an forex trading accounts. Moreover, there is no fees on account opening and account mainentance.
Leverage of Gaitameonline
As announced on the Gaitameonline, the trading leverage available for forex trading is up to 1:25 in line with Japanese laws. Please keep in mind that the use of leverage can magnify potential profit, but can also increase investment rishs at the sametime.
Spreads of Gaitameonline
Gaitameonline offers USDJPY spreads of 1 pip, EURJPY spreads of 2 pips, GBPJPY spreads of 4 pips, AUDJPY spreads of 3 pips, NZDJPY spreads of 6 pips, CADJPY spreads of 5 pips, AUDUSD spreads of 2 pips, EURAUD spreads of 8 pips, and EURGBP spreads of 4 pips. More information on spreads can be found on the Gaitameonline website. Objectively speaking, Gaitameonline offers larger currency spreads, which means that the cost of trading increases accordingly.
Deposit and withdrawal of Gaitameonline
There are two ways for traders to transfer funds to their accounts opened with Gaitameonline: regular deposits (bank transfers) and quick deposits. Regarding withdrawals, the minimum amount for withdrawals is 5,000 yen, and the company will process withdrawals on the same day if the trader withdraws before 17:00 on weekdays. If the deposit is made after 17:00, then it will be postponed to the next business day, and all withdrawal fees will be covered by Gaitameonline.
Trading Hours of Gaitameonline
OTC trading hours are Monday 7:00 AM to Saturday 6:55 AM (for US Standard Time), and Monday 7:00 AM to Saturday 5:55 AM (for US Summer Time). Maintenance hours are Tuesday-Friday 6:55 AM-7:05 AM (US Standard Time applies), Tuesday-Friday 5:55 AM -6:05 AM. See the Gaitameonline website for more information on the schedule.
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