English

Iwai Cosmo Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.iwaicosm..., the company's legitimate regulatory information JapanFSARetail Forex License to enhance the security of the company's address 大阪市中央区今橋1丁目8番12号

Iwai Cosmo Forex Broker

Basic Information

Registered Region

Japan

Operating Period

Company Name

IwaiCosmo Securities Co., Ltd

Abbreviation

Iwai Cosmo

Company employee

881

Contact Number

+810120318611

Company Website

http://www.iwaicosmo.co.jp/

Company address

大阪市中央区今橋1丁目8番12号

Keywords

15-20 years

Regulated in Japan

Retail Forex License

Self-developed

Company profile

Aspect Information Company Name Iwai Cosmo Registered Country/Area Japan Founded Year 2001 Regulation Regulated(FSA) Products & Services Domestic stocks,Initial public offerings,Foreign stocks,Bonds,Investment,CFD,FX Fees Consignment fee(based on contract price) Demo Account Available Customer Support Phone:0120-318-611,Email:wmaster@iwaicosmo.co.jp Educational Resources Market commentary,Market topics,Seminars Overview of Iwai Cosmo Iwai Cosmo is a Japan-based financial services company established in 2001 and is regulated by the Financial Services Agency (FSA). It offers a range of products and services, including domestic and foreign stocks, initial public offerings, bonds, investment services, CFDs, and FX trading. The company charges a consignment fee, which is based on the contract price. Iwai Cosmo provides a demo account for prospective and existing clients to practice and familiarize themselves with trading platforms and strategies. Customer support is accessible via phone at 0120-318-611 and email at wmaster@iwaicosmo.co.jp. Additionally, Iwai Cosmo offers various educational resources, including market commentary, topics, and seminars, to help clients make informed trading and investment decisions. Is Iwai Cosmo Legit or a Scam？ Iwai Cosmo is regulated by the Financial Services Agency (FSA) in Japan, holding a Retail Forex License. The company is officially recognized and overseen by the FSA, ensuring it adheres to the stringent regulatory standards set forth in Japan. The specific license number for Iwai Cosmo is 近畿財務局長（金商）第15号, indicating its authorization to operate and offer its financial services within the legal and regulatory framework established by Japanese authorities. Pros and Cons Pros Cons Regulated by FSA Geographic Limitation Diverse Product Offerings Language Barrier Demo Account Fee Structure Customer Support Market Focus Educational Resources Technology Adoption Pros: Regulated by FSA: Iwai Cosmo is regulated by the Japanese Financial Services Agency, ensuring adherence to strict financial standards and regulations, which enhances client trust and security. Diverse Product Offerings: The company provides a wide range of financial products and services, including domestic and foreign stocks, bonds, IPOs, CFDs, and FX trading, meeting various investor needs. Demo Account: The availability of a demo account allows clients to practice and get acquainted with trading platforms and strategies without risking real money. Customer Support: Iwai Cosmo offers comprehensive customer support through phone and email, ensuring clients have access to assistance when needed. Educational Resources: The firm provides valuable educational materials such as market commentary, topics, and seminars, supporting clients in making informed decisions. Cons: Geographic Limitation: Being based in Japan, the company's primary focus will be more localized, which could limit options or appeal for international investors. Language Barrier: If the primary communication and resources are in Japanese, this will pose a challenge for non-Japanese speaking clients. Fee Structure: The consignment fee based on contract price will be higher compared to flat-rate fees, depending on the transaction size, which could be a disadvantage for larger trades. Market Focus: The focus on specific markets or products will not suit all investors, especially those looking for a more global investment perspective. Technology Adoption: Depending on the technological advancement and user-friendliness of their trading platforms, there will be a learning curve or adjustment needed for new users, especially if the platforms are not on par with industry leaders. Products & Services The market instruments offered by Iwai Cosmo include: Domestic Stocks: Iwai Cosmo provides an extensive review and opportunities to invest in domestic stocks, which are crucial components of securities investment. Initial Public Offerings (IPOs): The company has significant experience in underwriting IPOs, offering investors the chance to partake in the excitement and potential growth of newly public companies. Foreign Stocks: Iwai Cosmo offers investment opportunities in global markets, including prominent U.S. stocks, allowing investors to diversify their portfolios internationally. Bonds: The firm provides a solid range of bond investments, including government and corporate bonds, attracting investors seeking stable income or diversification in their investment portfolio. Investment Trusts: Investors can search for and invest in popular investment trusts, with detailed search options, rankings, and comprehensive operation results to aid in informed decision-making. Forex (FX): Iwai Cosmo offers Forex margin trading (FX), including exchange FX (Click 365), attracting investors interested in the dynamic forex market. Contracts for Difference (CFDs): The company provides stock index margin trading CFDs, including exchange CFDs (Click Stock 365), for those looking to capitalize on market movements without owning the underlying assets. How to Open an Account？ To open an account with Iwai Cosmo, you can follow these general steps: Visit the Website: Start by visiting the Iwai Cosmo website. Look for the section dedicated to account registration or opening an account. This section will provide you with detailed instructions and the requirements for opening an account. Complete the Application Form: Fill out the online application form with the necessary personal, financial, and investment experience information. Ensure all details are accurate and truthful to comply with regulatory requirements and due diligence processes. Submit Required Documentation: You will need to provide identification and proof of residence documents as part of the Know Your Customer (KYC) process. Check the specific requirements on the Iwai Cosmo website and upload or send the required documents as instructed. Wait for Approval and Fund Your Account: Once you have submitted your application and documents, wait for the account to be reviewed and approved by Iwai Cosmo. This process may take a few days. After approval, you will receive instructions on how to fund your account. Fees Here's an overview of the fee structure for various services offered by Iwai Cosmo Securities: Stocks (Spot Trading): Listed Stocks in Japan: For transactions up to 25,000 yen: 9.999% of the contract price × 1.1 For transactions over 25,000 yen up to 222,000 yen: 0% of the contract price + 2,500 yen × 1.1 Incremental increases in the fee percentage and additional charges apply as the contract price increases, with specific rates applied to different price brackets. Protected Custody Account: Similar tiered fee structure as for spot trading, with specific percentages and additional charges based on the contract price brackets. Plusnet (Individual transactions): Discounted fees apply for transactions through Plusnet, with a percentage of the contract price or fixed fees plus percentage charges, adjusted for Plusnet users. Online Trading (Standard Course for Spot Trading): A flat rate or a fee based on the contract price is charged, with details for specific price brackets. Margin Trading: Fees are structured based on the contract price, with specific rates for different price brackets. Call Trading: A tiered fee structure similar to spot trading, with specific percentages and additional charges based on the contract price. Foreign Stocks (Overseas Consignment Transactions): Fees include domestic agency fees and local costs, which vary by exchange. The total fee incorporates both local and domestic charges, calculated based on the contract unit price and quantity. Investment Trusts: Fees vary depending on the issue for both domestic and foreign investment trusts, including application fees, trust fees, and retention amounts. Bonds: For yen-denominated and foreign currency bonds, typically, only the purchase price or sale consideration is paid without a separate fee. Structured Bonds and Convertible Bonds: Specific fees apply, with percentages based on the contract price and minimum fee thresholds. Futures and Options: Fees are structured per unit or based on the contract price, with specific rates for various financial instruments. Service Fee Structure Stocks (Spot Trading) - Listed Stocks in Japan Up to 25,000 yen: 9.999% of the contract price × 1.1 Plusnet Discounted fees for individual transactions through Plusnet Online Trading (Standard Course for Spot Trading) Flat rate or fee based on contract price Margin Trading Fees based on the contract price in specific price brackets Call Trading Tiered fee structure with specific percentages based on the contract price Foreign Stocks (Overseas Consignment Transactions) Fees include domestic agency fees and local costs Investment Trusts Fees vary depending on the issue Bonds Typically, only the purchase price or sale consideration is paid Futures and Options Fees structured per unit or based on the contract price Customer Support At Iwai Cosmo Securities, customer feedback and inquiries are highly valued as part of their commitment to improving products and services. Here's how you can get in touch with their customer support: 1. Online Trading and Plus Net Inquiries: - Call the Net Support Center at 0120-318-611, available on weekdays from 8 a.m. to 5 p.m. -Depending on the nature of your inquiry (domestic stocks, foreign stocks, FX and CFDs, account opening, etc.), you will be directed to press a specific service number after calling. 2. Email Inquiries: - For securities accounts plus futures and options: wmaster@iwaicosmo.co.jp - For Forex and CFDs: fxmaster@iwaicosmo.co.jp - Email response times are from 8 a.m. to 5 p.m. on weekdays. 3. Call Transactions: - Contact the Osaka or Tokyo Call Center for inquiries related to call transactions. 4. Face-to-Face Transactions: - For more personal service, you can contact your nearest store or the specific store handling your transactions. 5. Other Inquiries: - For general questions or other concerns, you can reach the Customer Service Center at 0120-405-546, available from 9 a.m. to 5 p.m. on weekdays. Educational Resources Iwai Cosmo Securities offers a variety of educational resources and seminars to support their clients' asset management and investment knowledge: Market Commentary: Daily updates on market trends, provided twice a day, before the market opens and at a major close, to help investors stay informed about the current market conditions. At the Forefront of the Market: Weekly reports by Jun Ishihara, an active fund manager, offering insights and forecasts on market undercurrents and trends, updated every Monday. Iwaicosmo Weekly Letter: A weekly market outlook report covering the Nikkei Average, NY Dow Jones, and Forex Average, providing investors with an overview of expected market movements. IwaiCosmo Market Topics: Periodic updates from an elite team of information analysts who explain market events and topics in an easily understandable manner, offering deep dives into various investment-related subjects. Seminars: Iwai Cosmo Securities hosts seminars on a range of topics, from current investment themes to long-term asset management techniques, offering real study sessions that are free to participate in. Online Transactions & Plus Net Browsing Report: Clients with online trading accounts or Plusnet can access extensive reports that are beneficial for investment decisions. List of Foreign Securities Information: Provides basic information reports on U.S. stocks and other foreign securities, which can be particularly valuable for investors looking for data on harder-to-access markets. Conclusion In conclusion, Iwai Cosmo Securities offers a comprehensive suite of educational resources and tools to support its clients in making informed investment decisions. From detailed market commentaries and professional analyses to informative seminars and detailed reports, the firm is dedicated to providing valuable insights and education to its investors. FAQs Q: What financial products does Iwai Cosmo Securities offer？ A: Iwai Cosmo Securities provides a range of financial products including domestic and foreign stocks, bonds, investment trusts, futures, options, FX, and CFDs. Q: Is Iwai Cosmo Securities regulated？ A: Yes, Iwai Cosmo Securities is regulated by the Financial Services Agency (FSA) in Japan, ensuring compliance with financial regulations and standards. Q: Can I open an online trading account with Iwai Cosmo Securities？ A: Yes, you can open an online trading account with Iwai Cosmo Securities, which also provides access to additional resources like the Plus Net Browsing Report. Q: What kind of customer support does Iwai Cosmo Securities offer？ A: Iwai Cosmo Securities offers customer support through phone and email, providing assistance for various inquiries including online trading, foreign stocks, FX, and CFDs, as well as general account queries. Q: Are there any seminars available for Iwai Cosmo clients？ A: Yes, Iwai Cosmo Securities offers seminars covering various investment themes and asset management techniques, which are available for free to their clients. Q: How can I access information on foreign stocks through Iwai Cosmo Securities？ A: Clients can access information on foreign stocks, including U.S. stocks, through the List of Foreign Securities Information provided by Iwai Cosmo Securities.

Iwai Cosmo broker review

Is Iwai Cosmo safe or scam

Rating Index

How to login to Iwai Cosmo?

iwai cosmo Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a iwai cosmo Account To begin your journey with iwai cosmo, you must first complete the registration process. This process is essential for gaining access to t

Iwai Cosmo Forex Broker - Comprehensive Information Guide

1. Broker Overview

　　Iwai Cosmo Securities Co., Ltd., commonly referred to as Iwai Cosmo, was established in 1918, making it one of the oldest financial institutions in Japan. The company's headquarters is located in Osaka, Japan, specifically at 1-8-12 Imabashi, Chuo-ku. As a publicly listed entity, Iwai Cosmo operates in the financial services sector, primarily focusing on retail brokerage services.

　　Iwai Cosmo caters to a diverse clientele, including individual investors and institutional clients, offering a range of financial products and services. Over the years, the company has achieved several milestones, including expanding its service offerings and establishing a strong presence in the Japanese financial market. With approximately 1.9 trillion yen in custody as of March 2021, Iwai Cosmo has solidified its reputation as a reliable broker.

　　The company operates under a business model that includes retail forex trading, contract for differences (CFDs), and other investment services, making it a versatile player in the financial markets. The parent company, Iwai Cosmo Holdings, Inc., oversees the operations of Iwai Cosmo, ensuring compliance with regulatory standards and maintaining a focus on customer satisfaction.

2. Regulatory and Compliance Information

　　Iwai Cosmo is regulated by the Financial Services Agency (FSA) of Japan, which is responsible for overseeing financial institutions to ensure the safety and soundness of the financial system. The regulatory license number for Iwai Cosmo is 5120001077418. The FSA mandates strict compliance with financial regulations, ensuring that Iwai Cosmo adheres to high standards of operational integrity.

　　The company has a well-defined compliance framework that includes Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, designed to protect both the broker and its clients from fraudulent activities. Iwai Cosmo also implements a customer fund segregation policy, ensuring that client funds are held separately from the company's operational funds, which enhances investor protection.

　　Although Iwai Cosmo has faced administrative actions in the past, it continues to operate under the FSA's supervision, which is crucial for maintaining investor confidence. The broker participates in investor compensation schemes, which provide additional security for client investments.

3. Trading Products and Services

　　Iwai Cosmo offers a wide array of trading products, catering to various investment strategies. The broker provides access to numerous forex currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on global currency fluctuations. The exact number of available currency pairs may vary, but the focus remains on providing a comprehensive trading experience.

　　In addition to forex trading, Iwai Cosmo offers CFD products across different asset classes, including indices, commodities, stocks, and cryptocurrencies. This diverse product range enables clients to diversify their portfolios and take advantage of market movements without owning the underlying assets.

　　The company regularly updates its product offerings, ensuring that clients have access to the latest market trends and investment opportunities. Retail trading services are complemented by institutional client services, which include tailored solutions for larger investors and corporate entities.

4. Trading Platforms and Technology

　　Iwai Cosmo does not support the widely used MetaTrader 4 or 5 platforms, opting instead for proprietary trading solutions. The broker provides a user-friendly web-based trading platform that allows clients to trade from any device with internet access. Additionally, Iwai Cosmo offers mobile applications for both iOS and Android users, facilitating trading on the go.

　　The execution model employed by Iwai Cosmo is primarily Market Making, which allows for competitive spreads and efficient order execution. The broker's technology infrastructure is robust, featuring servers located in strategic data centers to ensure minimal latency and reliable trading conditions.

　　For clients interested in automated trading, Iwai Cosmo provides API access, enabling algorithmic trading strategies and seamless integration with third-party trading systems.

5. Account Types and Trading Conditions

　　Iwai Cosmo offers a straightforward account structure with limited account types. The standard account requires a minimum deposit, which is competitive within the industry. Traders can expect spreads starting from a reasonable level, with commissions varying based on the trading volume and account type.

　　For more experienced traders, Iwai Cosmo may provide advanced account options, including VIP and professional accounts, which come with enhanced features and benefits. The broker also offers Islamic accounts to cater to clients who require Sharia-compliant trading solutions.

　　The leverage offered by Iwai Cosmo varies by product, allowing traders to maximize their potential returns. The minimum trade size is typically set at 0.01 lots, and the broker has transparent overnight fee policies to inform clients of any applicable charges for holding positions overnight.

6. Fund Management

　　Iwai Cosmo supports multiple deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement may differ depending on the account type, but it is generally accessible for most retail investors.

　　Deposits are processed promptly, with typical processing times ranging from instant to 1 business day, depending on the method chosen. Iwai Cosmo does not impose deposit fees, making it cost-effective for clients to fund their accounts.

　　Withdrawals can be made through similar channels, with specific limits and processing times that vary. Clients should expect withdrawal requests to be processed within 1 to 3 business days, depending on the chosen method. Withdrawal fees may apply, and it is advisable for clients to review the fee structure before initiating a withdrawal.

7. Customer Support and Educational Resources

　　Iwai Cosmo provides comprehensive customer support through various channels, including phone, email, and online chat. The support team is available during business hours, ensuring that clients receive timely assistance with their inquiries.

　　The broker offers services in multiple languages, primarily focusing on Japanese and English, to accommodate its diverse clientele. Iwai Cosmo also invests in educational resources for its clients, including webinars, tutorials, and e-books to enhance their trading knowledge and skills.

　　Market analysis services are available, providing clients with daily updates on market trends, news, and research reports to aid in informed decision-making. The broker also offers trading tools such as calculators and economic calendars to assist traders in their analysis.

8. Regional Coverage and Restrictions

　　Iwai Cosmo primarily serves the Japanese market, with a significant presence in Osaka and surrounding regions. The company has established several regional offices to cater to its clientele effectively.

　　While Iwai Cosmo is focused on the domestic market, it may also accept clients from certain international regions, depending on regulatory compliance. However, specific countries may face restrictions due to local regulations or the broker's internal policies.

　　Clients interested in opening accounts should verify their eligibility based on their country of residence and the broker's terms of service. Additionally, Iwai Cosmo may impose special restrictions on clients from regions identified as high-risk or non-compliant with international financial regulations.

　　In conclusion, Iwai Cosmo is a well-established broker in the Japanese financial market, offering a variety of trading products and services while maintaining a strong regulatory framework. The broker's commitment to client education and support positions it as a reputable choice for investors seeking to engage in forex and CFD trading.

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