Central Tanshi Forex Broker provides real users with 1 positive reviews, * neutral reviews and * exposure review!
Risk Control
Software Index
To be honest, this broker has many other trading instruments and you can try a new one every time. Central Tanshi gives you a chance to earn and withdraw money. I used to wait a long time, but now I withdraw money quickly to my bank card!!
Central Tanshi, a regulated forex broker based in Japan, has garnered attention for its diverse trading platforms and competitive trading conditions. Founded in 2002, it offers a range of forex pairs with no minimum deposit requirement. However, the broker has received mixed reviews regarding its customer support and overall user experience.
Note: It is essential to recognize that Central Tanshi operates under different entities across regions, which may affect the services and regulatory compliance. This review aims to provide a balanced perspective based on various sources to ensure fairness and accuracy.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 7 |
| Tools and Resources | 6 |
| Customer Service and Support | 5 |
| Trading Settings (Experience) | 6 |
| Trustworthiness | 8 |
| User Experience | 6 |
| Additional Features | 6 |
How We Rate Brokers: Our ratings are based on a comprehensive analysis of user experiences, expert opinions, and factual data regarding services, fees, and regulatory compliance.
Central Tanshi FX Co., Ltd., established in 2002, is a prominent player in the Japanese forex market. Regulated by the Financial Services Agency (FSA) of Japan, it provides a secure trading environment for its clients. The broker offers a proprietary trading platform, supporting multiple devices, including mobile and desktop. Central Tanshi specializes in forex trading, providing access to various currency pairs but lacks offerings in other asset classes such as commodities or cryptocurrencies.
Central Tanshi is regulated primarily in Japan by the Financial Services Agency (FSA), which is known for its stringent regulatory standards. This regulatory oversight is a positive aspect that enhances trust among traders. However, users should be cautious about different entities that may operate under the same name in other regions.
The broker supports deposits in Japanese Yen and US Dollars, with multiple deposit methods available, including click deposits that are free of charge. However, withdrawal fees apply for foreign currencies, which can impact overall trading costs.
Central Tanshi does not impose a minimum deposit requirement, allowing traders to start with any amount they feel comfortable with. This feature is particularly appealing for new traders who may want to test the waters without a significant financial commitment.
Currently, there is no information available regarding specific bonuses or promotional offers from Central Tanshi, which may be a disadvantage compared to other brokers that actively promote such incentives.
Central Tanshi primarily focuses on forex trading, offering a selection of around ten currency pairs, including major pairs like USD/JPY and EUR/USD. The limited range of assets may restrict traders looking for diversification opportunities.
The broker operates with variable spreads, which can be as low as 0.1 pips during certain trading hours. However, spreads can widen significantly during other periods, especially for less popular currency pairs. There are no commissions reported, but additional fees may apply for specific services, such as issuing reports or withdrawals in foreign currencies.
Central Tanshi offers a maximum leverage of 1:25 for individual clients, which is considered conservative compared to other brokers that provide higher leverage ratios. This cautious approach may appeal to risk-averse traders but could limit opportunities for those seeking higher leverage.
The broker provides a proprietary trading platform accessible on various devices, including smartphones, PCs, and tablets. However, it does not support popular platforms like MetaTrader 4 or 5, which may deter some traders accustomed to these widely used systems.
There are no specific details on restricted regions available in the search results, but it is advisable for potential clients to verify if their country of residence is supported by Central Tanshi.
Central Tanshi offers customer support primarily through an online contact form, with no phone support provided. This limited communication channel may pose challenges for users requiring immediate assistance. The platform supports English and Japanese, but the overall customer service experience has received mixed reviews.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 7 |
| Tools and Resources | 6 |
| Customer Service and Support | 5 |
| Trading Settings (Experience) | 6 |
| Trustworthiness | 8 |
| User Experience | 6 |
| Additional Features | 6 |
Account Conditions (7/10): Central Tanshi's no minimum deposit requirement and regulated status are significant advantages. However, the limited number of tradable currency pairs may restrict traders looking for variety.
Tools and Resources (6/10): While the proprietary platform offers essential trading features, the absence of widely used platforms like MT4 or MT5 is a drawback. Additionally, the lack of educational resources may hinder newer traders.
Customer Service and Support (5/10): The reliance on an online contact form for support, with no phone assistance, has led to mixed user experiences. This could be improved by offering more accessible support channels.
Trading Settings (Experience) (6/10): The trading experience is generally positive due to competitive spreads, but the variability of spreads and the lack of comprehensive trading tools may affect overall satisfaction.
Trustworthiness (8/10): Central Tanshi is regulated by the FSA, which adds a layer of trust. However, potential clients should remain vigilant about the different entities operating under similar names in other regions.
User Experience (6/10): Overall user experience is average, with some users reporting satisfactory trading conditions while others express concerns regarding customer support.
Additional Features (6/10): The broker's proprietary platform and flexible deposit options are positive aspects, but the lack of bonuses and promotions may be a disadvantage in attracting new clients.
In conclusion, Central Tanshi presents a regulated and accessible option for forex trading with several strengths, including no minimum deposit and competitive spreads. However, its limitations in asset variety, customer support, and platform options may lead some traders to explore alternative brokers. As always, prospective clients should conduct thorough research to ensure their trading needs align with what Central Tanshi offers.
