Score
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Capital Ratio
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.79
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
OKAYASU SHOJI Co.,Ltd.
Company Abbreviation
Kawaselife
Platform registered country and region
Japan
Number of employees
Company website
Company summary
Pyramid scheme complaint
Expose
Capital
Higher than 99% Japanese brokers $13,410,853(USD)
WikiFX Data provide| 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 |
| Physical Address: 2-3-8, kitahama, chuo-ku, Osaka 541-0041 Japan | |
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 | Cons |
| Commodity futures available | No account information |
| MT4/5 is not supported | |
| Suspicious clone |
| 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 |
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 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.
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 | ❌ |
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.
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