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    DMM FX:DMM FX-Overview Guide of This Broker

    Abstract: DMM FX is a Japanese-registered foreign exchange broker, founded in 2006, headquartered in Tokyo, Japan, is the member company of the Japan Securities Dealers Association (Member No. 1105).

      General Information

      DMM FX is a Japanese-registered foreign exchange broker, founded in 2006, headquartered in Tokyo, Japan, is the member company of the Japan Securities Dealers Association (Member No. 1105), Japan Financial Futures Trading Association (Member No. 1145), Japan Investor Protection Fund, Japan Commodity Futures Trading Association, General Company Association Class II Financial Instruments Trading Association (Member No. 480). Recently, DMM FX has been frequently exposed to the inability to withdraw funds, difficulties in withdrawing funds, fraudulent money to run away from the customer complaints, so investors should pay careful attention to this broker.

      Regulation

      DMM FX is currently regulated by the Japan Financial Services Agency, holding its authorized retail foreign exchange license, regulatory number: 7010001105352.

      Products & Services

      DMM FX's main business covers financial products trading, over-the-counter derivatives trading, product investment-related business, etc.

      Minimum Deposit

      Investors can open an account on the DMM FX platform on the same day and start trading within one hour of applying for an account. Account opening is free of charge, and DMM FX also offers a cashback program of up to 204,000 JPY.

      Leverage

      The maximum leverage available at DMM FX platform is up to 1:30 for forex trading.

      Spreads & Fees

      There is only one standard account at DMM FX which offers traders the opportunity to trade 27 symbols with spreads of USD/JPY 0.5 pips, EUR/USD 0.7 pips, AUD/USD 0.7 pips. In addition, DMM FX waives account maintenance and withdrawal fees, which means there are no fees other than the spread.

      Trading Platforms

      The main trading platforms offered by DMM FX includes DMMFX PLUS (PC version with a feature-rich trading system for intermediate and advanced users), DMMFX Standard (PC/iPad, easy to use and suitable for beginners), Superchart (equipped with 29 technical tools), Smartphone App DMMFX (iPhone/ Android, can be used anywhere, can subscribe to charts), DMMFX for smartphones (iPhone/Android, accessible smartphone tool that can be used without installation)

      Deposit and Withdrawal

      DMM FX offers investors a fast deposit service by partnering with approximately 340 affiliated financial institutions such as Mizuho Bank, Sumitomo Mitsui Banking Corporation, Aeon Bank, Rakuten Bank, etc. Investors can make deposits not only on weekdays but also 24 hours a day on weekends and holidays. To use Quick Deposit, investors need to subscribe to online banking at the target banking institution, and the service is free of charge.

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    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
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