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Sunward Forex broker specializes in providing foreign exchange trading services, the company's official website https://reg34.smp.ne..., the company's legitimate regulatory information JapanFSARetail Forex License to enhance the security of the company's address

Sunward Forex Broker

Basic Information

Registered Region
Japan
Operating Period
--
Company Name
Sunward-t.co.Ltd
Abbreviation
Sunward
Company employee
145
Contact Number
+810368877711
Keywords
10-15 years
Regulated in Japan
Retail Forex License
Medium potential risk

Company profile

Sunward Review SummaryFounded1964Registered Country/RegionJapanRegulationFSAMarket InstrumentsForex, Commodities, Futures, Stocks, IndicesDemo Account✔Leverage/Spread/Trading PlatformForex App, CX App, CFD AppMinimum Deposit/Customer SupportPhone: 03-6887-7711Email: info@sunward-t.co.jp.Address: Tokyo-Nishi-Shinjuku-ku, Tokyo Tokyo Opera City Tower 43FSunward Information Sunward is a well-known Japan company founded in 1964, offering market instruments like Forex, Commodities, Futures, Stocks and Indices. It's regulated by The Financial Services Agency (FSA) now.Pros and ConsPros Cons Various trading productsNo MT4 or MT5Regulated by FSAComplex fee structureLong historyJapanese yen only when fundingLimited types of payment optionsIs Sunward Legit?Regulatory Status RegulatedRegulated by Financial Services Agency (FSA)Licensed Institution サンワード証券株式会社Licensed TypeRetail Forex LicenseLicensed Number関東財務局長(金商)第2789号What Can I Trade on Sunward? Sunward offers trading instruments on Forex, Commodities, Futures, Stocks, and Indices.Tradable Instruments Supported Forex✔Indices✔Commodities✔Stocks✔Futures✔Options❌Bonds❌ETFs❌Account Type Now there is no account information on Sunward's website.Leverage Now there is no leverage information on Sunward's website.Fees Sunward's trading expenses are based totally on premium fee stages. For both everyday and online transactions, the commission charges are mentioned in step with one-way trade and are along with taxes. Inside the premium charge variety of one yen to ten yen, the expenses stand at one hundred ten yen for everyday transactions and 22 yen for online transactions. Because the top class charge will increase, the commission costs alter for this reason, with the 201 yen to 300 yen variety incurring fees of 1,one hundred yen for everyday transactions and 220 yen for on line transactions. This tiered technique keeps with charges for premium charge tiers extending up to 1,000 yen and beyond. Extensively, the right exercising price is always set at 550 yen.Premium Range (JPY)Regular Trading (JPY)Online Trading (JPY)Premium Range (JPY)Regular Trading (JPY)Online Trading (JPY)Premium Range (JPY)Regular Trading (JPY)Online Trading (JPY)1 - 1011022201 - 3001,1002201,001 - 1,5003,85077011 - 3022044301 - 4001,6503301,501 - 2,0004,40088031 - 5027555401 - 5002,2004402,001 - 3,0005,5001,10051 - 100550110501 - 7502,750550Exercise Fee550110101 - 200825165751 - 1,0003,300660Trading Platform Sunward offers Sunward FX,Sunward CX and Sunward CFD trading Platforms.Trading PlatformSupported Available Devices Suitable forSunward FX✔Mobile/Sunward CX✔Mobile/Sunward CFD✔Mobile,web/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal Users can only pay and withdraw via bank transfer, and payment is Japanese Yen only.

Rating Index

How to login to Sunward?
Sunward Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide provides detailed instructions on how to navigate the Sunward platform, including the registration, account opening, and login processes. Whether youre a new user or looking to refresh your kn

  

Sunward Forex Broker - Complete Information Guide

  

1. Broker Overview

  Sunward, officially known as Sunward-T Co., Ltd, was established in 2014. The company is headquartered in Tokyo, Japan, specifically at 43F Tokyo Opera City Tower, 3-20-2 Nishi-Shinjuku, Shinjuku-ku, Tokyo 163-1443. As a private entity, Sunward primarily serves the Japanese market, catering to both retail and institutional clients interested in forex and CFD trading.

  Since its inception, Sunward has made significant strides in the financial services industry, focusing on providing a reliable and user-friendly trading environment. The company has developed a robust reputation for its educational resources and market analysis tools, making it an attractive option for novice investors. Over the years, Sunward has expanded its offerings to include a variety of trading instruments, enhancing its appeal to a broader audience.

  Sunward operates as a retail forex broker, providing access to various financial instruments, including foreign exchange, commodities, and CFDs. The firm emphasizes transparency and regulatory compliance, ensuring that client funds are managed securely and responsibly. With a commitment to client education, Sunward has positioned itself as a valuable resource for traders looking to navigate the complexities of the financial markets.

  

2. Regulatory and Compliance Information

  Sunward operates under the regulatory oversight of the Financial Services Agency (FSA) in Japan. The company holds a retail forex license, with registration number 関東財務局長(金融商)第2789号. This license enables Sunward to offer trading services in compliance with Japan's strict financial regulations.

  The FSA's oversight ensures that Sunward adheres to established standards for financial transactions, including client fund segregation policies. This means that client funds are kept separate from the company's operating capital, providing an additional layer of security for investors. Furthermore, Sunward participates in the Investor Compensation Fund, which offers protection to clients in the event of the broker's insolvency.

  Sunward implements comprehensive Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to verify the identity of its clients and prevent illicit activities. These procedures are designed to ensure the integrity of the trading environment and maintain compliance with international financial regulations.

  

3. Trading Products and Services

  Sunward offers a diverse range of trading products, focusing primarily on forex currency pairs and CFDs. The broker provides access to a variety of major, minor, and exotic currency pairs, allowing traders to engage in various market strategies. Additionally, Sunward's CFD offerings include:

  • Indices: Major global indices such as the Nikkei 225, S&P 500, and others.
  • Commodities: Trading options for precious metals like gold and silver, as well as energy products like oil.
  • Stocks: A selection of individual stocks from various markets.
  • Cryptocurrencies: Limited options for trading popular cryptocurrencies.

  Sunward frequently updates its product offerings, ensuring that clients have access to the latest market instruments. The broker also provides retail trading services, making it accessible to individual investors. For institutional clients, Sunward offers tailored solutions to meet specific trading needs, although detailed information on such services is less prominent.

  

4. Trading Platforms and Technology

  Sunward does not support MetaTrader 4 or 5, which are popular platforms among forex traders. Instead, the broker has developed its own proprietary trading platform, designed to cater to the needs of its users. The platform is user-friendly and includes essential features such as:

  • Real-time market data: Access to live quotes and charts for informed trading decisions.
  • Technical analysis tools: Various indicators and charting tools to assist traders in analyzing market trends.
  • Order execution options: Multiple order types, including market, limit, and stop orders.

  In addition to the desktop platform, Sunward offers a web-based trading platform that allows clients to trade without downloading software. The broker also provides mobile applications compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

  Sunward employs ECN (Electronic Communication Network) execution models, ensuring fast and efficient order processing. The broker's servers are strategically located to optimize trading speed and reliability. Furthermore, Sunward supports API integration, which allows for automated trading solutions for more advanced users.

  

5. Account Types and Trading Conditions

  Sunward offers a standard account with competitive trading conditions. The key features include:

  • Minimum deposit: The minimum deposit requirement is ¥500,000.
  • Spreads: Variable spreads starting from 0.1 pips.
  • Commissions: Sunward operates with a commission-free model for most trades.

  For more experienced traders, Sunward provides advanced account types, including options for VIP and professional accounts, which may offer enhanced trading conditions and features. Additionally, Islamic accounts are available for clients adhering to Sharia law, ensuring that trading complies with religious principles.

  Sunward also offers a demo account policy, allowing potential clients to practice trading strategies without financial risk. The leverage offered varies by product, with forex pairs typically allowing higher leverage ratios compared to CFDs.

  

6. Fund Management

  Sunward supports a variety of deposit methods, including:

  • Bank transfers
  • Credit and debit cards
  • E-wallets

  The minimum deposit requirement varies based on the account type, with standard accounts requiring ¥500,000. Deposits are usually processed within 1-3 business days, depending on the method used.

  Sunward does not charge deposit fees, making it cost-effective for clients to fund their accounts. Withdrawal options include the same methods used for deposits, with processing times typically ranging from 1 to 5 business days. However, clients should be aware of potential withdrawal fees, which may apply depending on the chosen method.

  

7. Customer Support and Educational Resources

  Sunward provides multiple customer support channels, including:

  • Phone support: Available at +81 0120-301-052.
  • Email support: Clients can reach out via info@sunward-t.co.jp.
  • Online support: Although live chat is not available, clients can find assistance through email.

  The support team operates during standard business hours, with coverage across different time zones to accommodate international clients. Sunward primarily offers support in Japanese, which may limit accessibility for non-Japanese speakers.

  In terms of educational resources, Sunward provides various materials, including:

  • Market analysis reports: Daily insights and updates on market trends.
  • Webinars and tutorials: Educational content designed to help traders improve their skills.
  • Trading tools: Access to calculators, calendars, and signal services.

  However, the availability of educational resources in languages other than Japanese is limited, which may pose a challenge for international clients seeking comprehensive support.

  

8. Regional Coverage and Restrictions

  Sunward primarily serves the Japanese market, with a focus on local clients. The broker has established a presence in Japan, with its headquarters in Tokyo. However, it does not accept clients from certain regions, including:

  • United States
  • Canada
  • European Union countries

  These restrictions are in place due to regulatory compliance and licensing issues, ensuring that Sunward operates within the legal frameworks of the regions it serves.

  In conclusion, Sunward has established itself as a reliable forex broker in the Japanese market, offering a range of trading products and services. With regulatory oversight from the FSA, a commitment to client education, and a user-friendly trading platform, Sunward is well-positioned to meet the needs of both retail and institutional traders. However, potential clients should consider the language limitations and regional restrictions before opening an account with this broker.

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Latest Reviews

Vincent763

Vincent763

Argentina

I love the platform it's very intuitive and has a lot of educational materials for beginners, also Jack Silverwood, my account manager is a true legend. He guided me step by step, providing very useful information and made me feel important even when I had not invested any money. That man deserves a raise.

Positive

2024-06-20

Lê Minh Quân

Lê Minh Quân

Vietnam

Quotes are fast, and withdrawals haven't been delayed a single time. They've been hitting all the marks so far.👍👍👍

Positive

2024-05-08

吳冠穎

吳冠穎

Singapore

It is rare for this Japanese website to provide English service, but I feel that the interface of the website is very dated. Japan is so far away from me that I don't want to choose a company there.

37130

2023-02-24

Sunward Forex Broker has an overall rating of 7.87, Regulatory Index 7.83, License Index 7.83, Business Index 8.08, Software Index 7.05 Risk Control Index 8.90.