Sunward 　　

Aspect	Information
Company Name	Sunward
Registered Country/Area	Japan
Regulation	Regulated by the FSA
Market Instruments	Commodities, Precious Metals, Real Estate, Forex
Account Types	Forex, CFD, CX account
Fees	Based on premium price ranges, raging from 22 yen to 165 yens
Trading Platforms	Forex App, CX App, CFD App
Customer Support	Email: info@sunward-t.co.jp, Phone: 0120301052
Deposit & Withdrawal	Various payment methods including bank transfers, credit/debit cards
Educational Resources	News and trading information in Japanese

Overview of Sunward

Established in Japan, Sunward is a trading platform offering a diverse array of assets, including commodities, precious metals, real estate, and foreign exchange. Regulated by the FSA in Japan, Sunward operates under a secure regulatory framework, instilling confidence in traders.

The platform provides transparency with a straightforward fee structure in options trading. While Sunward's comprehensive trading platforms, eligibility restrictions and a potentially challenging navigation experience might pose drawbacks.

Sunward stands as a prominent trading option, particularly for those seeking a regulated platform with a broad spectrum of tradable assets.

Is Sunward legit or a scam？

Sunward operates under the regulatory oversight of the Financial Services Agency (FSA) in Japan and holds a Retail Forex License with License No. 関東財務局長（金商）第2789号.

This regulatory framework ensures that Sunward adheres to the established standards and guidelines set by the FSA, instilling a sense of confidence and trust among traders on the platform. The explicit regulation status serves as a testament to the platform's commitment to maintaining a secure and transparent trading environment.

The FSA's oversight not only establishes a level playing field but also reinforces the importance of regulatory compliance, thereby contributing to a more stable and trustworthy trading ecosystem for users on the Sunward platform.

Pros and Cons

Pros	Cons
Operates under the regulatory oversight of the (FSA) in Japan	Language Barrier: limiting accessibility for non-Japanese users
A variety of trading assets, including commodities, precious metals, real estate, and foreign exchange	Complex fee schedule
Transparent Fee Structure	Challenging to navigate the array of applications
Dedicated apps for forex, commodity futures, and CFD trading	Eligibility Restrictions
Face-to-face transaction
Accessible Payment Methods

Pros:

• Operates under FSA Oversight: Sunward operates under the regulatory oversight of the Financial Services Agency (FSA) in Japan, ensuring compliance with established standards and guidelines. This regulatory framework fosters a sense of confidence and trust among traders, as it signifies a commitment to a secure and transparent trading environment.

• A Variety of Trading Assets: Sunward provides a diverse range of trading assets, including commodities, precious metals, real estate, and foreign exchange.

• Transparent Fee Structure: Sunward employs a transparent fee structure, especially in options trading, with a nuanced fee schedule based on premium price ranges. This transparency enables traders to accurately calculate costs, fostering informed decision-making.

• Comprehensive Trading Platforms: Sunward offers dedicated applications for forex, commodity futures, and CFD trading. These platforms are designed to meet the diverse needs of users, providing real-time monitoring, technical analysis tools, and versatile order functionalities across different trading instruments.

• Straightforward Account Opening: The account opening process with Sunward is outlined in a clear and straightforward manner, consisting of six steps. This approach ensures clarity for users seeking to initiate trading on the platform.

• Accessible Payment Methods: Sunward supports various payment methods, providing users with accessibility and flexibility in funding their accounts. This accommodates a broad range of users with different payment preferences.

Cons:

• Language Barrier: Sunward's educational resources are limited to Japanese speakers, potentially creating a language barrier for non-Japanese users. This limitation may hinder the learning experience and understanding for a global audience.

• Complex Fee Schedule: While Sunward's fee structure is transparent, the nuanced fee schedule for options trading, based on premium price ranges, might be perceived as complex by some traders. This complexity could potentially create challenges in understanding the full cost implications of trades.

• Challenging to Navigate Platforms: Despite offering diverse trading platforms, users may find it challenging to navigate the array of applications provided by Sunward. This navigation difficulty could impact the overall user experience and efficiency in utilizing the platforms.

• Eligibility Restrictions: Sunward has specific eligibility criteria for opening an account, restricting individuals under certain conditions. This may limit the platform's accessibility for those who do not meet the specified eligibility requirements.

Market Instruments

Sunward provides users with a range of trading assets and services, contributing to a diverse investment environment.

The platform enables Commodity Futures Transactions in adherence to the Commodity Futures Act, allowing users to participate in the commodities market.

Additionally, Sunward facilitates Gold Bullion Transactions, providing an avenue for users interested in engaging with precious metals.

The inclusion of Real Estate Leasing in its service offerings expands the scope of investment opportunities, acknowledging the appeal of real estate assets in diversified portfolios.

Furthermore, Sunward supports Foreign Exchange Margin Transactions, allowing users to engage in the foreign exchange market. This broad spectrum of services reflects Sunward's approach to meeting varied investor preferences and strategies.

Sunward positions itself as a platform offering a mix of trading opportunities across different asset classes. Users can leverage these services to build portfolios aligned with their investment goals and risk tolerance, engaging in commodities, precious metals, real estate, and foreign exchange markets.

How to Open an Account？

Opening an account with Sunward involves a straightforward process, and here are six concrete steps to guide you through:

1. Eligibility Confirmation:

• Before initiating the account opening procedure, ensure you meet the eligibility criteria. Sunward prohibits individuals who fall under certain conditions from opening an account, including those who are under 20 or over 75 years old, individuals with less than 500,000 yen in surplus funds, non-residents in Japan, those unable to communicate in Japanese, individuals providing inaccurate personal information, those lacking a comprehensive understanding of trading mechanisms, and individuals who disagree with Sunward's rules and regulations. Additionally, employees of corporations engaged in foreign exchange margin trading are ineligible.

2. Provide Accurate Information:

• Start the account opening process by entering your email address and confirming your eligibility. Ensure the accuracy of the personal information you provide, as inaccurate details may hinder the account opening process.

3. Mobile Phone and Email Requirements:

• You will need your own mobile phone and a valid email address. Shared accounts are not accepted for account opening. Make sure your mobile phone and email are accessible and in your possession throughout the process.

4. Examination and Confirmation:

• Sunward will conduct an examination and confirmation based on the information you provide. An oral examination may be part of this process. Be prepared for potential inquiries or clarifications during this phase. The outcome may influence the successful completion of the account opening process.

5. Transaction Method Selection:

• Choose your preferred method for transactions, either face-to-face or online. Sunward offers both options for different user groups.

6. Email Confirmation:

• After providing the necessary information and selecting your preferred transaction method, confirm your identity and eligibility by clicking the “send” button. This step finalizes the account opening procedure, and Sunward will review the submitted information.

Trading fees

Sunward's options trading costs are structured with a nuanced fee schedule based on premium price ranges.

For both normal and online transactions, the commission fees are outlined per one-way trade and are inclusive of taxes. In the premium price range of 1 yen to 10 yen, the fees stand at 110 yen for normal transactions and 22 yen for online transactions.

As the premium price increases, the commission fees adjust accordingly, with the 201 yen to 300 yen range incurring fees of 1,100 yen for normal transactions and 220 yen for online transactions.

This tiered approach continues with fees for premium price ranges extending up to 1,000 yen and beyond. Notably, the rights exercise fee is consistently set at 550 yen.

Sunward's detailed fee structure facilitates transparency for options traders, allowing them to calculate costs accurately and make informed decisions based on the specific premium range within which their trades fall.

Trading Platform

Sunward presents a comprehensive suite of trading platforms designed to meet the diverse needs of its users.

The Sunward Forex App is tailored for traders engaging in the Tokyo Financial Exchange's FX platform. This application offers real-time rate and chart monitoring, featuring a range of technical analysis tools such as moving averages, Bollinger Bands, Stochastics, RSI, MACD, among others. Its order functions include market, limit, trigger, IFD, OCO, IFDOCO, streaming, and trailing stop options, ensuring a versatile trading experience. The inclusion of news updates and a withdrawal request feature further enhances the functionality of this platform.

In parallel, Sunward introduces the Sunward CX App, dedicated to clients involved in commodity futures trading. This platform allows users to access real-time commodity prices, utilize various technical chart analysis tools, and execute orders efficiently. The Sunward CX App offer different chart types, including tick charts, time-based charts, and a variety of technical indicators such as moving averages, Bollinger Bands, Ichimoku Cloud, Parabolic SAR, volume, RSI, RCI, and MACD.

Its order functions encompass single orders for individual assets and IF-DONE orders for settlement reservations, ensuring flexibility for users engaged in commodity futures trading.

Notably, Sunward emphasizes user accessibility by providing the Sunward CFD app, which accommodates various trading environments. The platform offers web versions for both smartphones and PCs, along with a downloadable rich client for PC users. This array of applications reflects Sunward's commitment to meeting the diverse preferences and needs of its user base, emphasizing real-time monitoring, technical analysis capabilities, and versatile order functionalities across different trading instruments.

Deposit & Withdrawal

Sunward provides a variety of payment methods to accommodate diverse user preferences. Traders can fund their accounts through commonly used options such as bank transfers, credit/debit cards. The availability of multiple payment methods ensures accessibility for a broad range of users, allowing them to choose the option that best suits their convenience and preferences.

Customer Support

Sunward Trading facilitates customer support through the email address info@sunward-t.co.jp.

For those considering business engagements, a dedicated phone line at 0120301052 is provided. This contact method allows individuals to seek information and assistance regarding the platform's trading services.

Additionally, the platform welcomes inquiries related to campaigns and accommodates requests for on-site interviews.

The availability of both email and phone contact options suggests an openness to communication and accessibility for users and interested parties seeking clarification or additional details about the platform's services and potential business collaborations.

Educational Resources

Sunward's educational resources primarily revolve around providing news and trading information in Japanese, which may present challenges for global users who are not proficient in the language. The platform's current offerings seem to lack extensive educational materials in languages other than Japanese. While this might be inconvenient for non-Japanese users, it's crucial to consider that educational resources play a pivotal role in helping traders make informed decisions and navigate the complexities of financial markets.

Conclusion

Sunward presents a robust trading platform with a diverse array of market instruments, including commodities, precious metals, real estate, and forex. Regulated by the FSA, it instills confidence in traders through a secure and transparent environment.

Despite its strengths, Sunward does pose certain challenges. The eligibility restrictions for account opening and potential language barriers in educational resources may limit accessibility for non-Japanese users. The complex fee schedule, especially in options trading, may be perceived as a drawback, demanding careful consideration from traders.

However, Sunward's dedication to transparency, comprehensive trading platforms, and a commitment to regulatory compliance position it as a viable option for those seeking a regulated and versatile trading experience in the Japanese market.

FAQs

Q: How do I open an account with Sunward？

A: Confirm eligibility, provide accurate information, undergo examination, select a transaction method, and confirm identity through email.

Q: What trading assets does Sunward offer？

A: Sunward provides a diverse range, including commodities, precious metals, real estate, and forex.

Q: What are the maximum order limits on Sunward？

A: Limits vary, e.g., 500 for Nikkei 225 trades, 2,000 for NY Dow trades, and 200 for DAX trades.

Q: How is Sunward regulated？

A: Sunward operates under the oversight of the Financial Services Agency (FSA) in Japan.

Q: What are Sunward's educational resources like？

A: Primarily in Japanese, offering news and trading information.

Q: How are trading fees structured on Sunward？

A: Sunward's options trading costs follow a nuanced fee schedule based on premium price ranges, ensuring transparency.