Marusan Securities Co., Ltd., founded in 1907, is a long-established financial services firm based in Tokyo, Japan. The company is headquartered at 3-3-6 Kojimachi, Chiyoda-ku, Tokyo, 102-8030, Japan. As a publicly traded company, Marusan operates in the competitive landscape of the financial services industry, primarily focusing on retail forex trading and offering a range of investment products to individual and institutional clients.
The broker has a rich history spanning over 117 years, marking significant milestones in its development, including regulatory approvals and expansions into various financial markets. Marusan has built a reputation for reliability and trustworthiness, catering to a diverse clientele that includes retail traders, institutional investors, and asset managers.
Marusan operates under a business model that emphasizes retail forex trading, providing clients with access to a variety of financial instruments, including contracts for difference (CFDs), commodities, and indices. The firm is well-regarded for its commitment to regulatory compliance and client service, making it a notable player in the forex and CFD trading industry.
Marusan broker is regulated by the Financial Services Agency (FSA) of Japan, which oversees the operations of financial institutions to ensure compliance with the highest industry standards. The regulatory license number is Kanto Finance Bureau Director (Kinsho) No. 167. This license is valid and covers retail forex trading, ensuring that Marusan adheres to stringent regulatory requirements.
The company maintains separate accounts for client funds, ensuring that traders' assets are safeguarded in compliance with regulatory standards. However, it is important to note that Marusan does not participate in any investor compensation schemes, which may pose risks for clients in case of financial distress.
Marusan implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to prevent fraud and ensure the legitimacy of its clients' trading activities. These procedures are essential for maintaining the integrity of the financial system and protecting both the broker and its clients.
Marusan broker offers a diverse range of trading products, allowing clients to engage in various financial markets. The firm provides access to more than 50 currency pairs, including major, minor, and exotic currencies, catering to the needs of different traders.
In addition to forex trading, Marusan offers CFD products across multiple asset classes, including:
The firm is committed to updating its product offerings regularly, ensuring that clients have access to the latest financial instruments and opportunities in the market. Marusan provides retail trading services primarily, but it also caters to institutional clients through tailored solutions.
Marusan broker does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are popular trading platforms among forex traders. Instead, the firm offers a proprietary trading platform designed to meet the needs of its clients. This platform is user-friendly and equipped with essential trading tools and features.
The broker's platform includes:
Marusan employs a Market Making execution model, providing clients with competitive spreads and efficient trade execution. The firm's trading infrastructure is robust, with servers located in strategic locations to ensure low latency and fast order processing.
Additionally, Marusan offers API access for automated trading solutions, allowing clients to implement algorithmic trading strategies effectively.
Marusan broker offers various account types to accommodate the diverse needs of its clients. The primary account types include:
Marusan provides a demo account for clients to practice trading strategies without financial risk. The leverage offered varies depending on the asset class, with a general range of up to 1:100 for forex trading. The minimum trade size is typically set at 0.01 lots, allowing for flexible trading strategies.
The broker also has policies in place for overnight fees, ensuring transparency in its trading conditions.
Marusan broker supports several deposit methods to facilitate client transactions, including:
The minimum deposit requirement varies by account type, but it generally starts at a competitive level to attract new traders. Deposits are processed promptly, typically within 1-3 business days, depending on the method used.
Withdrawal methods are similar to deposit options, with bank transfers being the most common. Withdrawal processing times also vary, usually taking 3-5 business days. Marusan may charge fees for withdrawals, which are clearly outlined in its fee structure.
Marusan broker provides comprehensive customer support to assist clients with their inquiries and issues. Support channels include:
The broker operates in multiple languages, catering to a diverse client base. However, specific language support may vary.
In terms of education, Marusan offers limited resources compared to some competitors. Clients can access basic market analysis and reports, but the availability of webinars, tutorials, and advanced educational content may be limited.
Marusan broker primarily serves clients in Japan and offers its services to a select number of international markets. The broker has established regional offices to enhance its service delivery.
However, Marusan does not accept clients from certain jurisdictions, including:
These restrictions are in place to comply with regulatory requirements and ensure that the broker operates within the legal frameworks of the regions it serves.
In conclusion, Marusan broker stands as a reputable option for traders seeking access to a well-regulated trading environment with a variety of financial instruments. While it has certain limitations, such as its proprietary platform and limited educational resources, the firms long-standing presence in the industry and commitment to regulatory compliance instill confidence among its clients.