Ando Securities Forex Broker

Note: Ando Securities' official website: https://www.ando-sec.co.jp/ is currently inaccessible normally.Ando SecuritiesReview SummaryFounded1998Registered Country/RegionJapanRegulationFSATrading ProductsStocks, Investment Trusts, Bonds, Futures/Options, InsuranceDemo Account/Trading PlatformChura Net 24Min Deposit1 million yen for face-to-face, 300,000 yen for internet tradingCustomer SupportFace-to-face (Weekdays, 8:30-17:00)Call center (Weekdays, 8:00-17:00), Tel: +81 0120-024-005Online (Weekdays, 8:00-17:30) Ando Securities was founded in 1998 and is registered in Japan. It is regulated by the Financial Services Agency (FSA). Its business covers a variety of market instruments such as stocks, investment trusts, bonds, futures/options, and insurance products. The company uses “Chura Net 24” as its internet trading platform for clients to conduct transactions. Regarding the minimum deposit requirement, it is 1 million yen for face-to-face transactions and 300,000 yen for internet transactions.Pros and ConsPros Cons Regulated by FSAHigh minimum deposit thresholdDiverse trading productsLimited contact channels and service timeVariety of transaction options (face-to-face, call center, internet)Is Ando Securities Legit? Ando Securities, with the license number 東海財務局長（金商）第1号, is a regulated financial institution based in Japan. It holds a Retail Forex License and is overseen by the Financial Services Agency. The institution, known as 安藤証券株式会社, has been regulated since September 30, 2007.Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense NumberFinancial Services Agency (FSA)Regulated安藤証券株式会社Retail Forex License東海財務局長（金商）第1号What Can I Trade on Ando Securities?Trading ProductsSupported Stocks✔Investment Trusts✔Bonds✔Futures/Options✔Insurance ✔Forex❌Commodities❌Indices❌Cryptocurrencies❌ETFs❌Account TypeAccount TypeMin DepositConsignment Deposit RateMargin TradingFace-to-face: 1,000,000 JPY40%Online: 300,000 JPYGeneral Securities00Ando Securities FeesItemStandardDomestic stock brokerage commission0.63250%-0.085360% of the contract value, min 2,750 yenPurchase interest rate2.00%Sale interest rate0.00%Stock lending fee1.15%Management fee11 sen (110 yen, if not applicable to unit share system)Name change feeApplicableTrading Platform Ando Securities offers the internet trading platform called “Chura Net 24,” an online trading service that provides access through smartphones and PCs. Users can check real-time status anytime and anywhere. The platform offers reasonable fees and a straightforward ordering process, along with the option to use various “special orders” for improved capital efficiency.Trading PlatformSupported Available Devices Suitable for Chura Net 24✔Web/