KANETSU Forex Broker

KANETSU Review SummaryRegistered Country/AreaJapanFounded Year1953RegulationSuspicious FSA cloneTradable AssetsCommodity futures, FX, stock index, gold bullionDemo Account❌LeverageUp to 20x (forex)Up to 100x (stock)Spread/Trading Platform/Minimum Deposit/Customer SupportLocation: 12-8 Japan Bridge Hisamatsucho, Chuo-ku, Tokyo Prime Japan Bridge Hisamatsucho BuildingEmai: support@kanetsu.co.jp; service@kanetsu.co.jp; kikaku@kanetsu.co.jpTel: 0120-13-8686 (8:30~20:00 during weekday); 0120-60-8892, 03-3661-0101, 03-3662-0116 (9:00~17:00 during weekday)KANETSU Information KANETSU, a Japanese financial brokerage firm with roots dating back to 1953, offers trading services for commodity futures, forex, stock index, and gold bullion. Both face-to-face and online trading options are available to execute trades with the broker. Furthermore, the broker engages in trader education with comprehensive trading courses and guides to equip traders. However, significant drawback arise due to KANETSU's suspicious regulatory status by FSA.Pros and ConsProsConsWide range of market instrumentsSuspicious FSA regulationLong industry historyLimited info on trading conditionsIs KANETSU Legit? KANETSU is under a suspicious regulatory status by FSA (Financial Services Agency) with licenses numbering at 関東財務局長（金商）第282号,which indicates that the broker might disguise as another reputable broker to lure customers to trade with them.Regulated CountryRegulatorRegulatory StatusRegulated EntityLicense TypeLicense NumberFinancial Services Agency (FSA)Suspicious CloneＡＩゴールド証券株式会社Retail Forex License関東財務局長（金商）第282号Market Instruments KANETSU offers trading in a variety of financial instruments:Commodity Futures: Trade precious metals (gold, etc.), oil products, and agricultural products through the Osaka Exchange and Tokyo Commodity Exchange.FX Trading: Click 365, the nickname for foreign exchange margin trading (FX) on the Tokyo Financial Exchange, is among one of the broker's services. Currently, you can trade a lot of major currency against JPY, such as USD, EUR, GPB, etc.Stock Index Trading (Click Stock 365): Trade major global stock indices, including Nikkei 225, NY Dow, NASDAQ-100, and others.Gold bullion: Buy, sell, and store physical gold bullion.Leverage Leverage is a kind of trading tool that allows you to enlarge positions with limited initial capital, but is always suggested to be used prudently due to amplified losses at the same time along with profits. With KANETSU, leverage can be up to 20x for forex and 100x for stock index.KANETSU Fees KANETSU charges trading fees and commissions for each transaction. For example, for foex, with comprehensive courses costing 1,100 yen (including a 770 yen intermediary fee) and internet courses at 220 yen (including a 110 yen intermediary fee). There are no settlement fees for daily transactions, which require that positions be opened and closed on the same business day. If a customer's computer fails, phone orders can be placed at a fee of 440 yen (including a 220 yen intermediary fee) per ticket. For the most updated forex fees, you can visit https://www.kanetsu.co.jp/click/fee.htmlCourse TypeFee (Yen)Intermediary Fee (Yen)Phone Order Fee (Yen)Comprehensive1,100770/Internet220110440 For trading fees for other products, click below links to get the latest information to ensure you are always aware of your trading costs: Commodity futures: https://www.kanetsu.co.jp/sakimono/taimenfee.html Stock index: https://www.kanetsu.co.jp/kabu/fee.html