Kawaselife Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-18 15:53

Abstract：　　Kawaselife, from Japan, was founded in 2005. It mainly provides traders with Commodity Futures, Foreign Exchange Margin, Stock Index Margin trading opportunities, in addition to supporting two trading platforms. Kawaselife does not support MT4/5, and the current regulatory status is characterized as a suspected clone, with a loss of security.

KawaselifeReview Summary
Founded	2005
Registered Country/Region	Japan
Regulation	Suspicious clone
Market Instruments	Commodity Futures, Foreign Exchange Margin, Stock Index Margin
Demo Account	❌
Leverage	/
Spread	/
Trading Platform	Acrobat Reader 7.0, higherOracle Java 7Update55
Min Deposit	/
Customer Support	Phone: + 81-6-6222-0001
Customer Support	Physical Address: 2-3-8, kitahama, chuo-ku, Osaka 541-0041 Japan

Kawaselife Information

　　Kawaselife, from Japan, was founded in 2005. It mainly provides traders with Commodity Futures, Foreign Exchange Margin, Stock Index Margin trading opportunities, in addition to supporting two trading platforms. Kawaselife does not support MT4/5, and the current regulatory status is characterized as a suspected clone, with a loss of security.

Pros and Cons

Pros	Cons
Commodity futures available	No account information
	MT4/5 is not supported
	Suspicious clone

Is Kawaselife Legit?

Regulatory Status	Suspicious clone
Regulated by	Japan
Licensed Institution	岡安商事株式会社
Licensed Type	Retail Forex License
Licensed Number	近畿06,202局長(金商)第304号

What Can I Trade on Kawaselife?

　　Kawaselife enables traders to trade commodity futures, offering:

　　Osaka Exchange: Gold (Standard mini), Gold Limit daily trading, silver, platinum (standard mini), Platinum limit daily trading, Palladium rubber (RSS3), rubber (TSR20), corn, general soybean, small bean, CME crude oil and other index futures.

　　Tokyo Commodity Exchange: Gasoline, kerosene, light oil, crude oil, petrochina gasoline, petrochina kerosene, LNG, electric power (East, West/base, Japan-China Road).

　　Tangjima Exchange: Tangjima Rice average, Tangjima Gold, Tangjima Silver, Tangjima Platinum, corn 50, American soybeans, small beans, crude sugar.

　　In addition, there are foreign exchange margin trading and stock index margin trading.

Tradable Instruments	Supported
Commodity Futures	✔
Foreign Exchange Margin	✔
Stock Index Margin	✔
Precious metals	❌
Bonds	❌
ETF	❌

Kawaselife Fees

　　Kawaselife The transaction product fee breakdown is different for those with a month-end balance of less than ¥10,000,000 and those with a month-end balance of more than ¥10,000,000.

　　Balance of less than 10,000,000 yen at the end of the month: 70 to 360 yen for one way (including tax); The Lot Order Fees are 260 yen.

　　Over 10,000,000 yen: 70 to 240 yen for one way (tax included); There are no Lot Order Fees.

Trading Platform

　　The platforms Kawaselife provides are Acrobat Reader 7.0 and higherOracle Java 7Update55, which are available on both desktop and mobile. But it doesn't support MT4/5.

Trading Platform	Supported	Available Devices	Suitable for
Acrobat Reader 7.0	✔	Desktop, Mobile	All traders
higherOracle Java 7Update55	✔	Desktop	All traders
MT4	❌
MT5	❌

Deposit and Withdrawal

　　Kawaselife does not provide details on how the money is transferred.

　　However, it claims that deposit and withdrawal fees will be borne by the transferor. If the trader makes a payment, the trader will bear the fee, and when withdrawing from Kawaselife, it will bear the fee.