Score

1.54 /10
Danger

KANETSU

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.25

Risk Management Index0.00

Software Index4.00

License Index0.00

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The JapanFSA regulation (license number: 関東財務局長(金商)第282号) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

KANETSU · Company summary
KANETSU Review Summary
Registered Country/AreaJapan
Founded Year1953
RegulationSuspicious FSA clone
Tradable AssetsCommodity futures, FX, stock index, gold bullion
Demo Account
LeverageUp to 20x (forex)
Up to 100x (stock)
Spread/
Trading Platform/
Minimum Deposit/
Customer SupportLocation: 12-8 Japan Bridge Hisamatsucho, Chuo-ku, Tokyo Prime Japan Bridge Hisamatsucho Building
Emai: support@kanetsu.co.jp; service@kanetsu.co.jp; kikaku@kanetsu.co.jp
Tel: 0120-13-8686 (8:30~20:00 during weekday); 0120-60-8892, 03-3661-0101, 03-3662-0116 (9:00~17:00 during weekday)

KANETSU Information

KANETSU, a Japanese financial brokerage firm with roots dating back to 1953, offers trading services for commodity futures, forex, stock index, and gold bullion. Both face-to-face and online trading options are available to execute trades with the broker. Furthermore, the broker engages in trader education with comprehensive trading courses and guides to equip traders.

However, significant drawback arise due to KANETSU's suspicious regulatory status by FSA.

KANETSU Information

Pros and Cons

ProsCons
Wide range of market instrumentsSuspicious FSA regulation
Long industry historyLimited info on trading conditions

Is KANETSU Legit?

KANETSU is under a suspicious regulatory status by FSA (Financial Services Agency) with licenses numbering at 関東財務局長(金商)第282号,which indicates that the broker might disguise as another reputable broker to lure customers to trade with them.

Regulated CountryRegulatorRegulatory StatusRegulated EntityLicense TypeLicense Number
Financial Services Agency (FSA)Suspicious CloneAIゴールド証券株式会社Retail Forex License関東財務局長(金商)第282号

Market Instruments

KANETSU offers trading in a variety of financial instruments:

  • Commodity Futures: Trade precious metals (gold, etc.), oil products, and agricultural products through the Osaka Exchange and Tokyo Commodity Exchange.
Market Instruments
  • FX Trading: Click 365, the nickname for foreign exchange margin trading (FX) on the Tokyo Financial Exchange, is among one of the broker's services. Currently, you can trade a lot of major currency against JPY, such as USD, EUR, GPB, etc.
Market Instruments
  • Stock Index Trading (Click Stock 365): Trade major global stock indices, including Nikkei 225, NY Dow, NASDAQ-100, and others.
Market Instruments
  • Gold bullion: Buy, sell, and store physical gold bullion.
Market Instruments

Leverage

Leverage is a kind of trading tool that allows you to enlarge positions with limited initial capital, but is always suggested to be used prudently due to amplified losses at the same time along with profits. With KANETSU, leverage can be up to 20x for forex and 100x for stock index.

Leverage

KANETSU Fees

KANETSU charges trading fees and commissions for each transaction. For example, for foex, with comprehensive courses costing 1,100 yen (including a 770 yen intermediary fee) and internet courses at 220 yen (including a 110 yen intermediary fee).

There are no settlement fees for daily transactions, which require that positions be opened and closed on the same business day. If a customer's computer fails, phone orders can be placed at a fee of 440 yen (including a 220 yen intermediary fee) per ticket.

For the most updated forex fees, you can visit https://www.kanetsu.co.jp/click/fee.html

Course TypeFee (Yen)Intermediary Fee (Yen)Phone Order Fee (Yen)
Comprehensive1,100770/
Internet220110440

For trading fees for other products, click below links to get the latest information to ensure you are always aware of your trading costs:

Commodity futures: https://www.kanetsu.co.jp/sakimono/taimenfee.html

Stock index: https://www.kanetsu.co.jp/kabu/fee.html

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FX1460433056
more than one year
KANETSU has got some seriously low-ass spreads. I mean, I've traded with some big-name brokers before, but they ain't got nothing on KANETSU. It's like finding a hidden treasure in the forex world. But here's the thing - I wish they had more trading guidance and education. When I'm checking out their webinars or videos, it feels like they're slacking in this area. And listen, I get that some people might be cool with doing bank transfers for deposits and withdrawals, but that's not my jam.
KANETSU has got some seriously low-ass spreads. I mean, I've traded with some big-name brokers before, but they ain't got nothing on KANETSU. It's like finding a hidden treasure in the forex world. But here's the thing - I wish they had more trading guidance and education. When I'm checking out their webinars or videos, it feels like they're slacking in this area. And listen, I get that some people might be cool with doing bank transfers for deposits and withdrawals, but that's not my jam.
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2023-03-31 18:21
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S MD
more than one year
I'm really diggin' the tight spreads that KANETSU has been servin' up. They're better than some of the big shot brokers I've dealt with in the past, so I'm all about trading my forex pairs here. The only thing that's kinda holdin' me back is the max leverage being capped at 25:1. It kinda sucks, ya know? It puts a limit on my trading strategies and profit potential. But hey, you win some, you lose some. I'm not one to get too greedy anyway.
I'm really diggin' the tight spreads that KANETSU has been servin' up. They're better than some of the big shot brokers I've dealt with in the past, so I'm all about trading my forex pairs here. The only thing that's kinda holdin' me back is the max leverage being capped at 25:1. It kinda sucks, ya know? It puts a limit on my trading strategies and profit potential. But hey, you win some, you lose some. I'm not one to get too greedy anyway.
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2023-03-31 18:18
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