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Central Tanshi Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-06 18:06

Abstract:Central Tanshi is a legally regulated forex pairs provider that was registered in Japan in 2002. It offers a variety of forex pairs through versatile trading platforms, with no minimum deposit required. In addition, it provides a leverage of 1:25 for individual customers and spreads starting from 0.1 pips.

Central Tanshi Review Summary
Founded2002
Registered Country/RegionJapan
RegulationRegulated by FSA (Japan)
Market InstrumentsForex
Demo Account❌
Leverage1:25 for individual customer
EUR/USD SpreadFrom 0.1 pips
Trading PlatformMobile app, PC and Web platforms
Min Deposit0
Customer SupportContact form
YouTube: https://www.youtube.com/channel/UCGDu9m4guwZcPAIPXyyx7KQ
Twitter: https://twitter.com/CTFX

  Central Tanshi is a legally regulated forex pairs provider that was registered in Japan in 2002. It offers a variety of forex pairs through versatile trading platforms, with no minimum deposit required. In addition, it provides a leverage of 1:25 for individual customers and spreads starting from 0.1 pips.

  However, it does not accept inquiries by phone number. Instead, you can only submit a contact form with your questions, and they will respond to your inquiries.

Central Tanshi's homepage

Pros and Cons

ProsCons
Long history of operationLimited leverage
Regulated by Japan's FSANo MT4/5
Various forex pairs choicesLimited customer support channels
Commission-free
Multiple trading platforms available
No minimum deposit requirement

Is Central Tanshi Legit?

  Yes, Central Tanshi is a legitimate provider of forex pairs. It holds a retail forex license issued by the Japan Financial Services Agency (FSA), bearing the license number Kanto Finance Director (Financial Business) No. 278.

  In addition, it is a member of the Securities and Exchange Surveillance Commission of Japan.

  In conclusion, Central Tanshi is reliable, and you can consider trading forex on its platforms.

Regulated CountryCurrent StatusRegulated AuthorityRegulated EntityLicense TypeLicense Number
RegulatedJapan Financial Services Agency (FCA)セントラル FX Co., Ltd.Retail Forex LicenseKanto Finance Director (Financial Business) No. 278
Regulated by FCA

What Can I Trade on Central Tanshi?

  Central Tanshi focuses on forex pairs trading. It offers many common forex pairs, and you can also find exotic forex pairs on its platform. The forex pairs it provides include USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, ZAR/JPY, GBP/USD, AUD/USD...

Tradable InstrumentsSupported
Forex✔
Commodities❌
Indices❌
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
Exchange rate

How to Open an Account?

  You need to follow eight steps to register an account with Central Tanshi. All of these steps are quite easy, and detailed explanations for each are provided in its website.

  1. Step 1: Enter your email address.
  2. Step 2: Enter the verification code sent to the email address you provided.
  3. Step 3: Fill in your personal information.
  4. Step 4: Verify your identity using your smartphone. First, take a photo of your ID. Second, take aphoto of your face.
  5. Step 5: Once the review is complete, a notification of account opening completion, along with your user ID and password, will be sent to your registered email address.
  6. Step 6: Log in to your My Page and change your password for security reasons.
  7. Step 7: Register your My Number on your My Page.
  8. Step 8: Register your withdrawal bank account details on your My Page.
How to Open an Account?

Leverage

  The leverage offered by Central Tanshi differs between individual and corporate customers.

  For individual customers, it is set at a fixed ratio of 1:25, which is considered conservative and safe, enabling you to trade securely based on your requirements.

  On the other hand, for corporate customers, the leverage varies weekly based on market fluctuations, and it also differs for each type of currency pair.

Leverage 1
Leverage 2

Spread

  The spreads offered by Central Tanshi also vary depending on the type of currency pair.

  During certain trading hours, the spread for MXN/JPY can be as low as 0.1 pips, while during other periods, the spread for GBP/JPY can reach as high as 16.0 pips.

Spread

Other Fees

  Central Tanshi does not charge any account maintenance fees or transaction fees.

  However, if you need to send an issuing report by mail, there is a charge of 1,100 yen per report.

  Additionally, for delivery services, there is a fee of 500 yen for every 10,000 units.

Commission
Delivery

Trading Platform

  Central Tanshi offers a proprietary platform available on mobile (smartphone and iPad), PC and Web.

  The PC version comes with three additional options, including fast chart, Trade Plus, and a network trading system.

Trading PlatformSupportedAvailable DevicesSuitable for
Proprietary platform✔Web, PC and Mobile/
MT4❌/Beginners
MT5❌/Experienced traders
Proprietary platform 1
Proprietary platform 2

Deposit and Withdrawal

  Payment Methods

  Central Tanshi offers two types of deposit methods: click deposit and bank transfer deposit.

  Click deposit utilizes your financial institution's online banking service for near-instant deposits. You must have an online banking agreement with one of the following financial institutions to use this method.

Click deposit

  Bank transfer deposit allows you to fund your account through various methods such as bank counters, ATMs, and online banking. The transfer fees will be borne by you. Supported banks include Sumitomo Mitsui Banking Corporation (Nihonbashi Branch), Mizuho Bank (Kofunecho Branch), and Mitsubishi UFJ Bank.

Transfer deposit

  Fees

  Deposit: For click deposits, it is free. For transfer deposits, certain fees may be charged.

  Withdrawal: Withdrawal in Japanese Yen is free, whereas withdrawals in other foreign currencies will incur some fees.

  Additionally, withdrawal fees differ based on the banking institution.

  Specifically, withdrawals through Sumitomo Mitsui Banking Corporation, Mizuho Bank, and the Main Branch of Mitsubishi UFJ Bank are free.

  For other branches of Mitsubishi UFJ Bank, a fee of 1,000 yen will be charged, and for other financial institutions, a fee of 1,500 yen will be imposed.

Deposit and Withdrawal

Related broker

Regulated
Central Tanshi
Company name:Central Tanshi FX Co.,Ltd.
Score
8.10
Website:https://www.central-tanshifx.com/
15-20 years | Regulated in Japan | Retail Forex License | Self-developed
Score
8.10

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