Sunward Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-01-02 21:05

Abstract：Sunward is a well-known Japan company founded in 1964, offering market instruments like Forex, Commodities, Futures, Stocks and Indices. It's regulated by The Financial Services Agency (FSA) now.

Sunward Review Summary
Founded	1964
Registered Country/Region	Japan
Regulation	FSA
Market Instruments	Forex, Commodities, Futures, Stocks, Indices
Demo Account	✔
Leverage	/
Spread	/
Trading Platform	Forex App, CX App, CFD App
Minimum Deposit	/
Customer Support	Phone: 03-6887-7711
	Email: info@sunward-t.co.jp.
	Address: Tokyo-Nishi-Shinjuku-ku, Tokyo Tokyo Opera City Tower 43F

Sunward Information

　　Sunward is a well-known Japan company founded in 1964, offering market instruments like Forex, Commodities, Futures, Stocks and Indices. It's regulated by The Financial Services Agency (FSA) now.

Pros and Cons

Pros	Cons
Various trading products	No MT4 or MT5
Regulated by FSA	Complex fee structure
Long history	Japanese yen only when funding
	Limited types of payment options

Is Sunward Legit?

Regulatory Status	Regulated
Regulated by	Financial Services Agency (FSA)
Licensed Institution	サンワード証券株式会社
Licensed Type	Retail Forex License
Licensed Number	関東財務局長（金商）第2789号

What Can I Trade on Sunward?

　　Sunward offers trading instruments on Forex, Commodities, Futures, Stocks, and Indices.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Commodities	✔
Stocks	✔
Futures	✔
Options	❌
Bonds	❌
ETFs	❌

Account Type

　　Now there is no account information on Sunward's website.

Leverage

　　Now there is no leverage information on Sunward's website.

Fees

　　Sunward's trading expenses are based totally on premium fee stages.

　　For both everyday and online transactions, the commission charges are mentioned in step with one-way trade and are along with taxes. Inside the premium charge variety of one yen to ten yen, the expenses stand at one hundred ten yen for everyday transactions and 22 yen for online transactions.

　　Because the top class charge will increase, the commission costs alter for this reason, with the 201 yen to 300 yen variety incurring fees of 1,one hundred yen for everyday transactions and 220 yen for on line transactions.

　　This tiered technique keeps with charges for premium charge tiers extending up to 1,000 yen and beyond. Extensively, the right exercising price is always set at 550 yen.

Premium Range (JPY)	Regular Trading (JPY)	Online Trading (JPY)	Premium Range (JPY)	Regular Trading (JPY)	Online Trading (JPY)	Premium Range (JPY)	Regular Trading (JPY)	Online Trading (JPY)
1 - 10	110	22	201 - 300	1,100	220	1,001 - 1,500	3,850	770
11 - 30	220	44	301 - 400	1,650	330	1,501 - 2,000	4,400	880
31 - 50	275	55	401 - 500	2,200	440	2,001 - 3,000	5,500	1,100
51 - 100	550	110	501 - 750	2,750	550	Exercise Fee	550	110
101 - 200	825	165	751 - 1,000	3,300	660

Trading Platform

　　Sunward offers Sunward FX，Sunward CX and Sunward CFD trading Platforms.

Trading Platform	Supported	Available Devices	Suitable for
Sunward FX	✔	Mobile	/
Sunward CX	✔	Mobile	/
Sunward CFD	✔	Mobile，web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders