KANETSU

Overview of KANETSU

KANETSU, a Japanese financial brokerage firm with roots dating back to 1953, offers a diverse range of trading services, including commodity futures, FX trading, stock index trading, and precious metal investments. Both face-to-face and online trading options are available through popular platforms like Click 365 and Click Kabu 365. This variety, combined with the company's experience, could be appealing to traders seeking a multi-asset platform.

However, significant drawback arise due to KANETSU's suspicious regulatory status. Additionally, the lack of transparent information about fees, deposit, and withdrawal processes further adds to uncertainty. Limited customer support options might also deter potential clients.

Regulatory Status

KANETSU's regulatory status is listed as a “suspicious clone,” indicating a potential misrepresentation of their regulatory credentials. This shows serious doubts about their legitimacy and the safety of funds entrusted to them.

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.

Pros and Cons

KANETSU, with a long history in the financial industry dating back to 1953, offers a diverse range of trading instruments, encompassing commodity futures, FX, stock indices, and precious metals. Traders can engage in both face-to-face and online trading through popular platforms like Click 365 and Click Kabu 365.

However, there are significant red flags associated with KANETSU. Their regulatory status appears to be a suspicious clone, sowing serious doubts about their legitimacy and the safety of client funds. Additionally, their website lacks transparent information on fees, deposits, and withdrawals, making it difficult for potential clients to assess the cost implications. Customer support options seem limited to phone communication only, potentially hindering timely assistance.

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.

• FX Trading (Click 365): Trade major global currency pairs on the regulated Click 365 FX market.

• Stock Index Trading (Click Kabu 365): Trade major global stock indices, including Nikkei 225, NY Dow, NASDAQ-100, and others.

• Precious Metals: Buy, sell, and store physical gold bullion.

Account Types

Kanetsu Shoji caters to different trading preferences by offering specialized account types. For those interested in commodities, the Commodity Futures Account grants access to a wide array of metals, energy, and agricultural products for trading.

Forex traders can opt for the Click 365 Account, tailored specifically for currency pair trading. This account type boasts leverage options and competitive spreads, enhancing the forex trading experience.

Lastly, the Click Stock 365 Account is designed for those interested in stock index CFDs. Traders can utilize this account to speculate on the movements of major global indices, with the added benefit of leverage options to amplify potential gains.

Account Opening Process

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

1. Apply for account opening and request the necessary documents.

2. Submission of Individual Number and Verification Documents: Submit your Individual Number (My Number) and identity verification documents.

3. Screening: KANETSU and AI Gold Securities will review your application.

4. Start Trading: Begin trading after receiving the account opening documents.

Leverage

KANETSU offers leverage to enhance trading potential across different products:

1. Commodity Futures:

1. Leverage varies depending on the specific commodity being traded, allowing traders to maximize their exposure.

2. Click 365 (FX Trading):

1. Leverage up to 25:1 is available, providing significant potential for forex trading.

3. Click Kabu 365 (Stock Index CFDs):

1. Leverage up to 10:1 is offered, enabling traders to take larger positions in stock index CFDs.

Trading Platform

KANETSU offers both face-to-face and online trading options. Face-to-face trading involves personal advice and support from dedicated sales representatives.

Speak of online trading options, Kanetsu Shoji provides advanced trading platforms tailored to different trading instruments:

1. Commodity Futures platform:

1. The proprietary trading platform is designed for futures trading, featuring advanced charting tools, real-time data, and efficient order execution.

2. Click 365 and Click stock 365:

1. These trading platforms are equipped with comprehensive charting tools, technical analysis features, and fast order execution.

Deposit and Withdrawal

KANETSU allows clients to fund their accounts via bank transfers. Withdrawals are also typically processed through bank transfers back to the original deposit account. However, processing times and minimum deposit amounts are not detailed on their website.

Customer Support Options

KANETSU provides customer support through phone (03-3662-0111). No other support options, such as email or live chat, are mentioned on their website.

Educational Resources

KANETSU offers several educational resources:

• Trading Guide: Basic information and guidance on trading.

• FAQs: Answers to frequently asked questions.

• Magazines: Market news and insights.

• Technical Reports: Analysis and commentary on various markets.

• Seminars: Educational seminars for traders.

Conclusion

KANETSU, with its long history and diverse range of trading instruments, could be an option for traders in Japan. However, the lack of transparent information on fees and deposit and withdrawal processes, combined with the suspicious clone status, sows doubts about its reliability. Potential clients are advised to approach KANETSU with prudence and obtain clarification directly from the company before opening an account.

FAQs

Q: Is KANETSU a regulated broker？

A: KANETSU's regulatory status is listed as a “suspicious clone,” raising doubts about its legitimacy. Verify their regulatory status before investing.

Q: What trading platforms does KANETSU offer？

A: KANETSU offers both face-to-face and online trading options. They mention Click 365 and Click Kabu 365 platforms for FX and stock index trading, but the details of their general online trading platform are not specified.

Q: What are the trading fees for KANETSU？

A: KANETSU does not provide detailed fee information on their website. Contact them directly for information on fees and commissions.

Q: How can I contact KANETSU customer support？

A: KANETSU lists a phone number (03-3662-0111) as their customer support contact. No other options are mentioned.