Livestar-Some Detailed Information about This Broker

WikiFX | 2021-11-05 17:48

Extracto：Live Star Securities Co., Ltd. was originally established in 1948, headquartered in Tokyo, offering financial instruments services. In 1986, this company was authorized to conduct forex trading activities. In 2007, the company was renamed as “IDO Securities Co.,Ltd.” In 2009, this company became a subsidiary of “IS Holding Co., Ltd”, and changed its name to “ Live Star Securities Co., Ltd” in 2011. In 2019, Live Star Securities Co., Ltd was renamed as “SBI Neotrade Securities Co., Ltd.” Live Star Securities is authorized and regulated by FSA of Japan, with regulatory

Registered Country/Region	Japan
Regulation	FSA
Minimum Deposit	No minimum deposit requirement
Maximum Leverage	1:25
Minimum Spreads	From 0.0 pips
Trading Platform	Proprietary Platform
Demo Account	No
Products & Services	Margin trading, Futures trading, investment trust
Payment Methods	Fast transfer
Customer Support	Phone & Email Support

General Information & Regulation

Live Star Securities Co., Ltd. was originally established in 1948, headquartered in Tokyo, offering financial instruments services. In 1986, this company was authorized to conduct forex trading activities. In 2007, the company was renamed as “IDO Securities Co.,Ltd.” In 2009, this company became a subsidiary of “IS Holding Co., Ltd”, and changed its name to “ Live Star Securities Co., Ltd” in 2011. In 2019, Live Star Securities Co., Ltd was renamed as“SBI Neotrade Securities Co., Ltd.” Live Star Securities is authorized and regulated by FSA of Japan, with regulatory license number 2010001048052.

Market Instruments

Live Star Securities offers Physical trading, Margin trading, Futures trading, investment trust.

Minimum Deposit

When it comes to minimum investment requirements, Live Star Securities requires no minimum initial deposit to start trading.

Fees

Live Star Securities has make a clear pricing schedule for particular instrument trading, including fees for Physical trading, Futures trading, Margin trading as well as investment trust.

Seen from the pricing list below, commission fees charged by Live Star are much lower than its competitors.

Trading fees for cash stocks vary depending on each product and course, but the commission system for each order is 50 yen up to a maximum of 880 yen. Over 10,000 yen to 1.5 million yen: 880 yen; Over 1.5 million yen to 2 million yen: 1,000 yen; Over 2 million yen to 3 million yen: 1,540 yen. There is no upper limit (both tax include). However, in the case of 1.32% of the contract price (minimum fee of 2,200 yen) will be applied (both tax included).

Trading Platform Available

When it comes to trading platform available, Live Star provide an in-house trading platform called Neotrader(available for iPhone and Android), with its detailed information is displayed on the official website.

Deposit & Withdrawal

Live star supports traders to fast transfer through some banks that it works with or traders can fund their accounts through clients-exclusive account. There is no fee charged for transferring.

Customer Service

The Live star customer support team can be reached through email, or directly visiting their offices. Here is the email detail: fxdesk@live-sec.co.jp

Pros & Cons

Pros	Cons
FSA-regulated	Limited range of financial services
No minimum deposit requirement	Limited payment methods
Propriety trading platform	Average customer support
Free transfer fees
Great trading tools
Low commission fees