GMO Gaika Forex Broker

GMO Gaika Review SummaryFounded2003Registered Country/RegionJapanRegulationFSAMarket InstrumentsForex and CFDDemo AccountYesLeverageNot MentionedSpread0.3 pips on the EUR/USD pairTrading Platform外貨exMin Deposit2,000 yenCustomer Support24/7 Live ChatGMO Gaika Information GMO Gaika, regulated by Japan's FSA, primarily offers Forex and CFD trading on its proprietary “外貨ex” platform, accessible on PC and mobile. Notably, they feature a tight 0.3 pips spread on EUR/USD and offer commission-free trading with a low minimum deposit of around 2,000 yen. While a demo account is available, information on leverage and specific account types is limited.Pros and ConsProsConsRegulated by FSALimited information on leverage and account typesCommission-free tradingLimited customer support methodsIs GMO Gaika Legit? GMO Gaika has a Retail Forex License regulated by the Financial Services Agency (FSA) in Japan with a license number of 関東財務局長（金商）第271号.What Can I Trade on GMO Gaika? GMO Gaika mainly offers foreign exchange margin trading and CFD trading, covering gasoline, gold spot, and US Stock NQ100.Tradable InstrumentsSupportedForex✔CFD✔Stock❌Indices❌Cryptocurrency❌Shares❌Metals❌Account Type GMO Gaika offers demo accounts for clients. However, other account types are not mentioned on the website.GMO Gaika Fees GMO Gaika offers an EUR/USD spread of 0.3 pips. For other currency pairs, you can check the table.Currency PairsSpreadUSD/JPY0.2EUR/JPY0.4EUR/USD0.3AUD/JPY0.5GBP/JPY0.9TRY/JPY1.5MXN/JPY0.2AUD/USD0.4 Besides, GMO Gaika offers trading with all fees listed being free, including trading fees, account maintenance fees, loss-cut fees, account opening fees, quick deposit fees, and withdrawal fees, all amounting to 0 yen.Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable for外貨ex✔PC and MobileInvestors of all experience levelsDeposit and Withdrawal GMO Gaika charges no deposit or withdrawal fees. The minimum amount to start FX trading is approximately 2,000 yen.