Account Types There is not much information on the account types traders japanexe allowed to own. However, there are no bonuses provided as this is against JFSA rules. Negative balance protection is also not allowed. Hedging, scalping, arbitrage and trading with robots are all outlawed.
Customer Service Since remo brokers attend to local Japanese traders and not to an international market, most customer service is provided in Japanese. Only a few platforms provide an English Language interface. Additional Services Forex trading operates at a limited scope in Japan. Forex brokers do not provide additional services aside from forex trading.
The JFSA is very strict on the regulation of forex brokers. The origin behind kapanese stems from metayrader banking crisis that the country suffered in the s. In order to combat a situation where Japanese investors lose money, the JFSA has internalized forex trading to suit the investors and expects forex brokers to adapt accordingly. This is why the JFSA applies restrictions on marketing of forex to Japanese forex traders by offshore brokers.
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This account was developed for traders with a small to medium turnover. For that price, you get several exclusive offers including free deposits and withdrawals, a dedicated account manager, and invites to exclusive events. But unlike other pure forex traders such as Markets. CFDs — are an alternative form of investment where your job is to try and predict what will happen to the price of an underlying asset. Instead of buying securities, you speculate on the value of an asset through a contract.