General Information& Regulation Established on January 23, 2006, Okasan Online Securities Co., Ltd. is a member of Okasan Securities Group Co., Ltd., headquartered in Tokyo, Japan. Its main business is Internet securities. Okasan Online Securities is regulated by the Japan Financial Services Agency (FSA), and the regulatory certificate number is 2010001097479. Market Instruments Okasan Online Securities provides investors with a series of financial instruments, including stocks, investment trusts, futures/options, foreign exchange transactions (Click 365), OTC foreign exchange, exchange CFDs (Click Kabu 365), etc. Commission The fixed plan for physical stock commissions is free within 1 million yen, and between 1 million and 2 million yen, 1,300 yen is required (1,430 yen if tax is included); for every additional 1 million yen thereafter, the fee correspondingly grows by 500 yen (550 yen with tax). Buying an investment trust is completely free. There is no transaction fee for regular currency pairs in the self-study course of foreign exchange trading (Click 365), and 1,018 yen is required for large currency pairs (free for settlement of open positions). Private clients of OTC foreign exchange do not need to pay transaction fees. Currency Pairs & Spreads Forex trading (Click 365) can trade a variety of major currency pairs, among which the average spread of Turkish lira against Japanese yen is 2.821 points, the average spread of South African rand against Japanese yen is 0.735 points, and the average spread of Mexican peso against Japanese yen is 0.559 points. Trading tools include Net Trader 365FX, e-profit FX and RSS 365FX, among which Net Trader 365FX is suitable for web version, iPhone/Android version and iPad version. Deposit & Withdrawal There are two types of deposits in Okasan Online Securities' online foreign exchange trading accounts: direct deposits from customers' financial institution accounts, and transfers from ordinary securities trading accounts. When withdrawing funds from the online foreign exchange trading account to the customer's financial institution account, the funds must be transferred to the ordinary securities trading account and then withdrawn from the ordinary securities trading account. The minimum withdrawal amount for each transaction is 1,000 yen. The transfer fees for both deposits and withdrawals are free. Trading Hours The trading hours of Okasan Online Securities depend on the specific market. For example, the normal period for OTC foreign exchange is from 7:00 AM on Monday to 6:30 AM on Saturday, and the daylight saving time is from 6:30 AM on Monday to 5:30 AM on Saturday.