General Information of Centrade
Centrade Securities Co., Ltd. is a Japanese securities brokerage firm established on April 27, 2005, with a registered capital of 450 million yen and is a member of the Japan Investor Protection Fund, the Japan Securities Dealers Association, the Japan Securities Depository Corporation, and the Financial Futures Trading Association of the General Registration Association. Centrade Securities is headquartered in Tokyo, Japan, and has branches in Nagoya, Fukuoka, and Hokuriku. Centrade Securities is currently regulated by Japan Financial Agency and holds its authorized retail foreign exchange license, regulatory number: 3010001093163.
Products & Services of Centrade
The products and services offered by Centrade Securities mainly include stock futures trading, margin trading, stock index futures trading, stock index options trading, foreign exchange margin trading, and some other agency-related businesses.
Minimum Deposit of Centrade
Centrade website does not show any minimum deposit details. Most Japanese broker requires no minimum depsoits on forex trading.
Leverage of Centrade
Most Japanese brokers would offer the maximum leverage up to 1:25 for for forex trading. While Centrade does not show any related information on its website.
Spreads of Centrade
Forex trading costs are all calculated into spreads, and spreads range from 1 pip to 10 pips (depending on the liquidity provider), and the trading hours are 24 hours. The fee for foreign currency deposits varies from 1 to 8 yen, and the trading hours are limited to bank business hours, and the fee for stock trading varies depending on the contract amount (from 0 yen) and the trading hours are from 9:00 a.m. to 11:30 p.m. and 12:30 p.m. to 3:00 p.m. at night.
Trading Process of Centrade
Forex trading process comes in this way: select the investment target currency pair, select the order method, buy/sell, and settle. Stock and investment trust trading process: selectthe trading method, investment target, and margin according to the underlying amount, select the order method and payment method and pay for the transaction.
Deposits & Withdrawal of Centrade
Centrade Securities requires clients to deposit funds to their investment account via bank transfer, with the transfer fee covered by the investor. Deposits made before 15:00 will be credited the same day, and deposits made after 15:00 will be credited the next day. Withdrawal of funds requires logging into the trading interface and requesting the transfer procedure from the trading account to the designated account.
