Abstract: Central Tanshi FX Co., Ltd. was established in March 2002 and is located in Tokyo, Japan. It is engaged in the business of financial instruments of type 1 and 2 as well as investment advice/agent business. Central Tanshi currently has covered transactions with more than 20 major banks, securities companies and other financial institutions. Central Tanshi is regulated by the Financial Services Agency (FSA) of Japan, with the regulatory certificate number 9010401073057.
General Information& Regulation
Central Tanshi FX Co., Ltd. was established in March 2002 and is located in Tokyo, Japan. It is engaged in the business of financial instruments of type 1 and 2 as well as investment advice/agent business. Central Tanshi currently has covered transactions with more than 20 major banks, securities companies and other financial institutions. Central Tanshi is regulated by the Financial Services Agency (FSA) of Japan, with the regulatory certificate number 9010401073057.
Market Instruments
Central Tanshi mainly provides “Foreign Exchange Margin Trading Services” through the Internet, and also provides “FX Direct Plus” for discretionary trading and “Central Mirror Trader” for automated trading.
Currency Pair
Customers can trade a total of 10 currency pairs, including 8 yen currency pairs (USD/JPY, MXN/JPY, EUR/JPY, ZAR/JPY, NZD/JPY, GBP/JPY, AUD/JPY, CAD/JPY), and 2 cross currency pairs (EUR/USD and GBP/USD). 1,000 currency units are traded at a time. The margin requirement is 200 yen. The maximum leverage is 25 times.
Central Tanshi Spread
The spread depends on the time period. From 4:00 pm to the early morning of the next working day, the spread of USD/JPY is 0.1 pips, EUR/JPY 0.4 pips, GBP/JPY 0.8 pips, EUR/USD 0.3 pips, and the British pound against the US dollar is 0.6 pips. In other periods, the spread of USD/JPY is 0.2 to 10.0 pips, EUR/JPY 0.4 to 10.0 pips, GBP/JPY 0.8 to 16.0 pips, EUR/USD 0.3 to 10.0pips, and the spread between the British pound and the U.S. dollar is 0.6 to 16.0 pips.
Trading Platform
Customers can use four trading tools: smart phone version, PC version, iPad version and feature phone version. The PC version has three options: fast chart Trade Plus, network trading system and progressive chart.
Deposit & Withdrawal
Deposit currencies are Japanese Yen, US Dollar, Euro, Australian Dollar, British Pound, New Zealand Dollar, Canadian Dollar and Swiss Franc. There is no minimum deposit amount. Central Tanshi provides two deposit methods: click deposit and transfer deposit. The former is free, and the deposit fee of the latter needs to be borne by the customer. Withdrawals in Japanese yen are free, while withdrawals in foreign currencies are partly charged. The cost of withdrawing funds to the accounts of overseas settled customers will be borne by the customer. The minimum withdrawal amount is 10,000 yen, except for full withdrawals. No account maintenance fee is charged.
Trading Hours
The U.S. standard trading hours for FX Direct Plus are Monday morning 7:00 to Saturday morning 6:40; in principle, the order acceptance time is 365 days a year, 24 hours a day. The U.S. standard time for foreign exchange transactions is from 7:00 a.m. to 3:00 a.m. on Monday, and from 7:10 a.m. to 3:00 a.m. from Tuesday to Friday. The transaction is free.
Central Tanshi Risk
Customers need to be alert to credit risk, foreign exchange fluctuation risk and interest rate fluctuation risk. In addition, foreign exchange trading on margin will become more risky with leverage.