Score

1.55 /10
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Ueda Harlow

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Business Index7.30

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Software Index4.00

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Company Name

Ueda Harlow Co., Ltd.

Company Abbreviation

Ueda Harlow

Platform registered country and region

Japan

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Company summary

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The JapanFSA regulation (license number: 9010001037726) claimed by this broker is suspected to be clone. Please be aware of the risk!

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Ueda Harlow · Company summary

Ueda Harlow temporarily closed the site and used another site called Gaitame to serve traders.

Aspect Information
Company Name Gaitame.Com Co., Ltd
Registered Country/Area Japan
Founded Year 2007
Regulation Unregulated
Minimum Deposit 100 yen
Maximum Leverage top to 1:25
Spreads As low as 0.0 pips
Trading Platforms Gaitame Online,Gaikai Next Neo
Tradable Assets Primarily Forex
Account Types Personal account, corporate account
Demo Account Available
Customer Support Phone, email, and social media
Deposit & Withdrawal Multiple options available
Educational Resources News & Analysis, Education Hub, Economic Calendar

Overview of Gaitame

Gaitame.Com Co., Ltd. is a distinguished forex broker headquartered in Japan. It facilitates a spectrum of forex trading activities through its specialized Gaitame Online platform. Traders have the option to select from two distinct account types: personal and corporate, each tailored to cater to individual and business trading needs, respectively.

With spreads plunging to as low as 0.0 pips and a maximum leverage capped at 1:25, the broker establishes a competitive edge in the market. A hallmark of Gaitame's service is its unwavering commitment to customer support, evidenced by multiple communication channels including phone, email, and social media.

Furthermore, Gaitame's dedication to trader education is evident. They provide a comprehensive educational suite that includes News & Analysis, an Education Hub, and an Economic Calendar, giving traders essential tools and insights. However, the recent regulatory status of Gaitame has come unregulated, making it essential for potential traders to exercise caution and conduct due diligence when considering this platform.

Overview of Gaitame

Is Gaitame Legit or a Scam?

Gaitame, a Forex trading platform, is unregulated as of the latest information available. Though it once held a license under the Japan FSA (license number: 9010001037726), this license has since been revoked.

Is Gaitame Legit or a Scam?

This revocation raises serious concerns about the platform's legitimacy and the security of funds for traders using it. While the label “unregulated” or “revoked” does not automatically classify an entity as a scam, it does suggest increased risk, and potential users should exercise caution and conduct thorough due diligence before engaging in any transactions.

Pros and Cons

Pros:

  1. Flexibility in Account Types: Gaitame offers both personal and corporate accounts, catering to individual traders and businesses alike.

  2. Minimal Entry Barrier: A low minimum deposit of 100 yen allows for a wide range of traders, from novices to experts, to engage without heavy upfront investment.

  3. Competitive Trading Conditions: With spreads going as low as 0.0 pips, traders potentially benefit from reduced transaction costs.

  4. Diverse Customer Support Channels: Multiple support options, including phone, email, and social media, ensure that traders have various ways to get assistance.

  5. Rich Educational Offerings: The presence of News & Analysis, an Education Hub, and an Economic Calendar aids traders in making informed decisions.

Cons:

  1. Limited Leverage: The maximum leverage of 1:25 may not cater to traders who seek higher leverage for their trading strategies.

  2. Focused Asset Offering: Being primarily Forex-focused may not appeal to those looking to diversify into other financial markets.

  3. Single Platform Availability: Relying solely on Gaitame Online may limit traders accustomed to other popular trading platforms.

  4. Lack of Advanced Account Types: While they offer personal and corporate accounts, there may be a desire for more specialized or tiered account types catering to varied trading needs.

  5. Regulatory Concerns: The recent revocation of its license by the Financial Services Agency of Japan raises concerns about its legitimacy and the security of funds.

Pros Cons
Flexibility in Account Types Limited Leverage
Minimal Entry Barrier Focused Asset Offering
Competitive Trading Conditions Single Platform Availability
Diverse Customer Support Channels Lack of Advanced Account Types
Rich Educational Offerings Regulatory Concerns

Market Instruments

Gaitame.Com Co., Ltd. specializes in offering a wide variety of Forex (Foreign Exchange) trading opportunities. The broker provides a broad spectrum of currency pairs, including major pairs such as USD/JPY, EUR/JPY, and EUR/USD, among many others. Each pair comes with competitive trading conditions, and traders can expect varying spreads and costs associated with their trades. The platform primarily focuses on trading hours from 9 AM to 3 AM, ensuring active market participation. This expansive selection coupled with attractive trading conditions makes Gaitame a go-to platform for forex enthusiasts, especially those targeting the Asian trading session.

Market Instruments

Account Types

Gaitame offers two main account types: Individual and Corporate.Different user groups can choose different accounts. They can all buy and sell foreign exchange normally. Here are some differences between personal accounts and company accounts.

Aspect Personal Account Corporate Account
Leverage 1x,2x Max to 3x(Reviewed weekly for each currency pair )
Tax System Standard Offset gains/losses from other businesses
Expense Deduction Standard Deductible for all necessary expenses
Loss Deduction Period Up to 3 years Up to 9 years (10 years after April 1, 2018)
Account Types

How to Open an Account?

Opening an account with Gaitame is a straightforward process that can be completed in a few simple steps:

  1. Registration: Visit the Gaitame website and click on the “Open Account” or “Sign Up” button. You will be directed to the registration page, where you need to provide some basic personal information, such as your name, email address, and phone number.

How to Open an Account?
  1. Account Type Selection: Choose the type of trading account that best suits your trading preferences. Gaitame typically offers different account types, each with its own set of features and trading conditions.

  2. Verification: After completing the registration, you may need to verify your identity and address by providing relevant documents, such as a passport or driver's license, and a utility bill or bank statement.

  3. Deposit Funds: Once your account is verified, you can proceed to fund your trading account. Gaitame supports various payment methods, including bank transfers, credit/debit cards, and online payment systems.

  4. Start Trading: With your account funded, you can now access the trading platform provided by Gaitame and start trading. The platform may include features like real-time market data, advanced charting tools, and various order types to execute trades effectively.

Video guide:https://www.youtube.com/watch?v=doeWzVmuLvQ&list=PLnjE5aZyXB941f80OpRp-DJTOzMyoLMX-

Leverage

For those interested in forex trading through the Easy FX Accumulation system, individual traders have a range of choices when it comes to determining their risk and potential returns. Specifically, individual accounts offer three distinct leverage options.

Traders can opt for a more conservative approach with a 1x leverage, ensuring they aren't overly exposed to market fluctuations. Alternatively, there's an option for slightly higher risk and potential return with 2x leverage. The maximum leverage offered across all types of accounts is up to 1:25, which allows traders to control up to 25 times their initial deposit, significantly magnifying both potential gains and losses.

On the other hand, corporate accounts have a standardized approach to leverage. Unlike the varied choices available to individual traders, corporate accounts are set at a fixed 3x leverage. This means that for every unit of currency deposited, a corporate trader can control three times that amount in the market. This setup offers businesses a consistent and straightforward leverage structure, allowing them to strategize their trades effectively.

Spreads &Commissions

Gaitame provides a diverse range of floating spreads that vary depending on the currency pair in question. This approach ensures that traders can benefit from competitive rates that are influenced by real-time market dynamics. With spreads fluctuating based on liquidity and market volatility, traders have the opportunity to capitalize on even minor market movements. This adaptable structure not only reflects Gaitame's commitment to offering the best possible trading conditions but also caters to both novice and experienced traders, ensuring that all participants have a fair and transparent trading experience.

Currency Pairs Spreads (with exceptions) Transaction fees Operational Hours
USD/JPY 0.2 sen 0.2~8.0 sen 9am~3am
EUR/JPY 0.4 sen *3 0.5~10.0 sen 9am~3am
EUR/USD 0.3 pips ※3 0.4~8.0 pips 9am~3am
AUD/JPY 0.5 sen *3 0.7~10.0 sen 9am~3am
GBP/JPY 0.9 sen 0.9~15.0 sen 9am~3am
NZD/JPY 0.7 sen *3 1.2~10.0 sen 9am~3am
CAD/JPY 0.6 sen *3 1.7~10.0 sen 9am~3am
CHF/JPY 1.8 sen - 9am~3am
Hong Kong Dollar/JPY 2.0 sen - 9am~3am
GBP/USD 1.0 pips - 9am~3am
USD/CHF 1.6 pips - 9am~3am
Spreads &Commissions

*Find other spreads on the website of Gaitame

Trading Platform

Gaitame.Com Co., Ltd. offers its traders two primary trading platforms:

1.Gaitame Online: This platform is a balance of simplicity and advanced features. Designed for both beginners and seasoned traders, Gaitame Online provides real-time data, advanced charting tools, and a customizable interface for a tailored trading experience.

2.Gaikai Next Neo: Representing Gaitame's next-gen offering, Gaikai Next Neo offers state-of-the-art trading technology. It promises faster transactions, a modern design, and advanced analytical tools. Additionally, its mobile integration ensures traders can access the market on-the-go.

Both platforms highlight Gaitame's dedication to facilitating a dynamic and efficient trading environment tailored to the diverse needs of its clientele.

Trading Platform

Trading Tools

Gaitame.Com Co., Ltd. offers various trading tools.

  1. Rich App Version: An enhanced application boasting a suite of comprehensive functionalities, the Rich App Version enables a smooth trading experience tailored to the needs of the Forex Dotcom community.

  2. Web Browser Version: Designed for flexibility, this version allows users to trade seamlessly from any location, as long as they have access to a browser environment. No installation is required, providing instant access to the markets.

  3. Smartphone App Version: Prioritizing user experience on mobile devices, this version offers high-end functionalities that ensure effortless trading even on smartphones.

  4. iPad App Version: This tool offers a customizable experience on the iPad. Users can adjust the screen layout to their preference, facilitating quick transactions and an optimized trading journey.

Each of these tools underlines Gaitame's commitment to provide diverse and effective trading solutions to its clientele.

Deposit & Withdrawal

Gaitame has prioritized the convenience and flexibility of its users by offering a diverse range of deposit and withdrawal methods. Traditional means, such as bank transfers, remain popular and can be initiated both from bank tellers and automated teller machines (ATMs). For those preferring digital methods, Gaitame offers solutions tailored to different devices. Their PC client provides a straightforward interface for desktop users. Simultaneously, the mobile client is versatile, catering to a wide audience by supporting both Android and iOS systems. This ensures that regardless of the device or platform preference, Gaitame's users have seamless access to their financial transactions.

Feature Quick Deposit Service Bank Transfer
Commission Free (paid by Gaitame) Customer's Burden
Method Via “Quick Deposit” on My Page Bank tellers and ATMs
Reflection Time Same day in principle As soon as payment details are confirmed
Partner Institutions
  • Sumitomo Mitsui Banking Corporation (SMBC)
  • Mitsubishi UFJ Financial Group (MUFG) Bank
  • Mizuho Bank
  • Suruga Bank
  • Japan Post Bank
  • etc.
Notes - Available 24/7 except during system maintenance.- Only specific banks support the Quick Deposit Service for regular transfers.- Minimum deposit of 1,000 yen.- Service not provided directly by the bank but through Billing System Co., Ltd. - Transfer fees borne by the customer.- Deposit details provided during account opening and accessible through My Page.
Deposit & Withdrawal

Customer Support

Gaitame offers many support ways.

  • Phone Support:

    • Telephone Number: 0120-430-225

    • Reception Hours: Monday to Friday, 7:00 AM to 11:00 PM

    • Alternate Number: 03-5733-3065

    • Address: Gaitame-dot.com Co., Ltd. Palazzo Astec 105F, 0021-2-8 Higashi-Shimbashi, Minato-ku, Tokyo 1-4

    • Financial Instruments Business Operator Registration: Kanto Local Finance Bureau Director-General (Kinsho) No. 262

    • Financial Futures Association Member: No. 1509

  • Chat Support:

    • Gaitame offers an automated chat support that provides answers to frequently asked questions. Customers can select their inquiries from a list or input their questions in a free comment frame.

  • FAQs:

    • Customers can also browse a dedicated section of Frequently Asked Questions (FAQs) which features answers to common inquiries from past users.

Customer Support

Educational Resources

Gaitame offers a range of educational resources to assist traders in making informed decisions:

  1. Learning & Seminars: Tailored webinars and seminars for all skill levels, with specific upcoming sessions on topics like USD/JPY outlook and Forex technical analysis.

  2. Courses & Schools:

    1. Mane Education FX School: From basics to professional training.

    2. Senior Trader: Monthly beginner sessions with expert traders.

    3. Forex Trader Course: Advanced market analysis techniques.

  3. Daily Live Streaming: Weekday streams at 21:00 focusing on technical analysis based on “Gaika Next Neo” data.

  4. Special Seminars: Notable sessions like the “U.S. Employment Statistics Special”.

  5. Technical Insights: Regular updates on currency divergences and market trends.

Gaita-Dott.com offers a comprehensive suite of educational tools, ranging from webinars to technical insights, catering to both novice and seasoned traders.

Educational Resources

Conclusion

Gaitame stands out as a comprehensive educational platform for Forex trading. Offering tailored webinars, daily live streams, specialized courses, and up-to-date technical insights, it caters to both beginners and experienced traders.

Its dedication to ongoing learning is evident in its diverse range of resources, ensuring that traders are equipped with the latest knowledge and strategies in the constantly evolving Forex market.

FAQs

Q: What types of trading accounts does Gaitame offer?

A: Gaitame provides two types of trading accounts, namely the Private Account and the Corporate Account.

Q: What is the maximum leverage offered by Gaitame?

A: Individual traders at Gaitame have three leverage options to choose from: 1x leverage for a conservative approach, 2x for a slightly higher risk, and up to 1:25 for the highest potential returns and risk.Corporate traders can choose the 3x leverage.

Q: What are the available deposit methods on Gaitame?

A: Gaitame supports various deposit methods, including bank transfers, ATM machines, and online methods through their PC and mobile clients.

Q: How can I contact Gaitame's customer support?

A: You can reach out to Gaitame's customer support at telephone number 0120-430-225 from Monday to Friday, 7:00 to 23:00. They also offer automated chat support to address frequently asked questions.

Q: What educational resources does Gaitame.com provide for Forex traders?

A: Gaitame.com offers tailored webinars ranging from beginner to advanced levels, live-streaming sessions from a dedicated Forex studio, and specialized training seminars for professional traders.

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