Gaitame Finest

Overview of Gaitame Finest

Gaitame Finest is a prominent financial institution based in Japan that specializes in foreign exchange (forex) trading services. As a regulated broker, Gaitame Finest operates under the supervision of the Financial Services Agency of Japan, ensuring compliance with strict regulations and providing traders with a secure trading environment.

With a focus on delivering a comprehensive trading experience, Gaitame Finest offers a wide range of financial instruments, including major and minor currency pairs, as well as other asset classes such as commodities and indices. Traders can choose from various account types to suit their individual needs, whether they are beginners or experienced professionals. The company's trading platforms are designed to be user-friendly and feature-rich, providing advanced charting tools, technical analysis indicators, and real-time market data to assist traders in making informed trading decisions.

Gaitame Finest also emphasizes customer satisfaction by offering excellent customer support services and educational resources. Traders can access educational materials, webinars, and seminars to enhance their trading skills and knowledge. Additionally, the company provides convenient deposit and withdrawal options, ensuring a seamless experience for clients.

Pros and Cons

While Gaitame Finest offers several advantages, it also has a few drawbacks that should be considered. Below is a conjunctive paragraph summarizing the pros and cons of Gaitame Finest:

Gaitame Finest has several notable strengths that make it an attractive choice for forex traders. The company operates under the supervision of the Financial Services Agency of Japan, ensuring regulatory compliance and providing a secure trading environment. They offer a wide range of financial instruments, including major and minor currency pairs, commodities, and indices, allowing traders to diversify their portfolios. The user-friendly trading platforms are feature-rich, providing charting tools and real-time market data. Additionally, Gaitame Finest places a strong emphasis on customer satisfaction by offering excellent customer support services and educational resources to help traders improve their skills and knowledge.

However, there are a few disadvantages to consider. One drawback is that Gaitame Finest is primarily focused on serving the Japanese market, which may limit its accessibility for international traders. The availability of certain features and services may also vary depending on the type of trading account chosen. Additionally, some users have reported that the execution speed could be improved, particularly during periods of high market volatility. It is important to weigh these potential drawbacks against the company's strengths when considering Gaitame Finest as a forex trading platform.

Here is a table summarizing the pros and cons of Gaitame Finest:

Is Gaitame Finest Legit？

Gaitame Finest Company Limited is a regulated financial institution operating in Japan. It holds a Retail Forex License, which is overseen and regulated by the Financial Services Agency (FSA) in Japan. The license number of Gaitame Finest is 2010001063860, and it has been effective since September 30, 2007.

As a regulated entity, Gaitame Finest is subject to the rules and regulations set by the FSA to ensure compliance and protect the interests of investors. The FSA is responsible for supervising and monitoring financial institutions in Japan to maintain the stability and integrity of the financial system.

The license type mentioned as “No Sharing” implies that Gaitame Finest is not authorized to share its license with other entities or individuals.

Gaitame Finest's status as a regulated financial institution and its compliance with the regulations enforced by the FSA provide a level of assurance to clients and investors regarding the company's operations and adherence to industry standards.

Market Instruments

Gaitame Finest provides a diverse range of market instruments to cater to the needs of traders. Through their trading platforms, including MT4/ZERO, MT5, and EVO, traders have access to various financial instruments.

1. Currency Pairs: Gaitame Finest offers a wide selection of currency pairs across its trading platforms. For MT4/ZERO, there are 30 currency pairs available, including major pairs like USD/JPY, EUR/USD, GBP/USD, and AUD/USD. It also covers cross-currency pairs and pairs involving the Japanese yen (JPY), such as EUR/JPY, GBP/JPY, and CAD/JPY. MT5 offers all 25 currency pairs, similar to MT4/ZERO, while EVO provides 12 currency pairs.

2. CFD Stocks: Traders can also access rates and information for CFD stocks through the MT4 trading system. This includes popular stocks like Nikkei 225 Futures, NY Dow Futures, UK FTSE 100 Futures, and NASDAQ 100 Futures. These instruments allow traders to monitor and analyze trends in various markets, which can be useful for making informed trading decisions.

3. Commodities: Gaitame Finest enables traders to trade commodities through their platforms. The MT4 trading system provides access to gold spot rates, allowing traders to monitor and analyze the price movements of this precious metal. Additionally, North Sea Crude Oil Futures and WTI Crude Oil Futures are available, providing opportunities to trade oil-related instruments.

By offering a diverse range of market instruments, Gaitame Finest allows traders to engage in different trading strategies and take advantage of various market opportunities. Traders can explore the currency markets, track stock indices, and trade commodities, providing them with a comprehensive trading experience.

Account Types

Gaitame Finest offers different types of trading accounts to cater to the diverse needs of their clients. Here are the main account types provided by Gaitame Finest:

1. LIVE ACCOUNT: This is a real trading account that allows clients to trade with real money. It requires the completion of the account opening procedure, including providing the necessary documents and meeting the account opening criteria.

2. DEMO ACCOUNT: Gaitame Finest also offers a demo account for clients who want to practice trading or test their strategies without risking real money. The demo account simulates real market conditions and provides clients with a virtual balance to trade with.

These account types provide access to Gaitame Finest's trading platforms, including MT4 ZERO, MT5, and EVO. Clients can choose the platform that suits their preferences and trading strategies.

Leverage

Gaitame Finest offers different leverage options for their corporate accounts across various trading platforms such as MT4, MT5, and EVO. The leverage represents the ratio of borrowed funds to the trader's own capital and determines the trading position size a trader can take relative to their account balance.

For MT4 and MT5 corporate accounts, the leverage varies by currency pair and is updated every Monday. The maximum leverage available is up to 60 times for most currency pairs. The leverage (margin rate) calculated by the Financial Futures Association is applied, and if it falls below the maximum leverage set by Gaitame Finest, the lower leverage determined by the Financial Futures Association is used. It's important to note that the leverage cannot be selected by the trader but is determined based on the applicable rates.

The leverage for each currency pair is subject to change, and here are some examples of leverage ratios as of the application start dates mentioned:

- USD/JPY: 40.00 to 40.00

- EUR/JPY: 40.00 to 40.00

- GBP/USD: 50.00 to 50.00

- USD/CHF: 60.00 to 60.00

Similarly, for EVO corporate accounts, the leverage is determined by the Financial Futures Trading Association. The leverage is updated every Saturday and applies from the following Monday. The maximum leverage available is up to 99 times for certain currency pairs. Here are some examples of leverage ratios as of the application start dates mentioned:

- USD/JPY: 51.28 to 51.54

- EUR/JPY: 59.17 to 59.52

- GBP/USD: 67.56 to 67.56

- USD/CHF: 72.99 to 75.18

It's important to be aware of the required margin for open positions, as leverage affects the amount of margin required to open and maintain positions. Additionally, the announced corporate account leverage on Saturday is subject to change by the following Tuesday, and temporary changes may occur due to sudden market fluctuations.

Traders are advised to refer to Gaitame Finest's official website or contact their customer support for the most up-to-date information and specific details regarding leverage and margin requirements for their corporate accounts.

Spreads & Commissions

Gaitame Finest offers competitive spreads for major currency pairs on their MT5 (individual course), MT4・ZERO (individual course), and EVO platforms. The spreads are provided in pips and are subject to real-time changes.

For the MT5 (individual course) platform, some examples of spreads include USD/JPY with a spread of 0.6 pips (selling: 138.509, buying: 138.515), EUR/JPY with a spread of 1.1 pips (selling: 149.733, buying: 149.744), and GBP/JPY with a spread of 1.6 pips (selling: 172.156, buying: 172.172).

On the MT4・ZERO (individual course) platform, the spreads are slightly lower. For instance, USD/JPY has a spread of 0.5 pips (selling: 138.514, buying: 138.519), EUR/JPY has a spread of 0.5 pips (selling: 149.741, buying: 149.746), and GBP/JPY has a spread of 1.5 pips (selling: 172.163, buying: 172.178).

The EVO platform offers wider spreads compared to the other two platforms. Examples of spreads on this platform include USD/JPY with a spread of 2.2 pips (selling: 138.506, buying: 138.528), EUR/JPY with a spread of 2.6 pips (selling: 149.730, buying: 149.756), and GBP/JPY with a spread of 4.5 pips (selling: 172.145, buying: 172.190).

It's important to note that these spreads are subject to market volatility and may change based on market conditions. Traders should always check the real-time rates on the platform for the most up-to-date spreads.

Fees

Gaitame Finest charges fees for certain services and transactions. Here is an overview of the fees associated with Gaitame Finest:

1. Deposit and Withdrawal Fees:

- Transfer payment from ATM/bank window: The fee depends on the financial institution used by the customer.

- Quick deposit (immediate reflection): Free for deposits of 5,000 yen or more.

- Withdrawal to the receiving financial institution: Free for withdrawals of 5,000 yen or more. Withdrawals of less than 5,000 yen incur a transfer fee of 330 yen.

2. Certificate Issuance Fee:

- Balance certificate: Issuance of a balance certificate in PDF format is free of charge. If a physical copy is requested by mail, it costs 1,100 yen per copy (tax included).

- Copy of customer ledger: A copy of the customer ledger stating the settlement amount associated with the customer's transactions costs 1,100 yen (tax included) per year. Copies older than 10 years cannot be issued.

It's important to note that transfer fees, if applicable, are to be borne by the customer. Various certificates will be sent by simplified registered mail within two weeks after the transfer of the fees.

Customers can apply for certificate issuance or inquire about fees by contacting Gaitame Finest's Customer Support during their operating hours. Applications can be made via phone or email using the provided contact information.

Pros and Cons

Deposit & Withdrawal

Gaitame Finest offers convenient options for deposit and withdrawal transactions.

Withdrawal:

Clients can initiate a withdrawal request by accessing the “My Page” section of their account. Withdrawals of 5,000 yen or more are free of charge, while withdrawals of less than 5,000 yen incur a transfer fee of 330 yen. If the account balance is 330 yen or less and a withdrawal is made, the transfer amount will be 0 yen, resulting in a balance of 0 yen. The withdrawal amount is based on the surplus margin or the amount available for trading. It's important to note that withdrawing while holding a position may result in insufficient margin and immediate loss cuts. The withdrawal acceptance time and transfer time depend on the withdrawal amount and specific time frames during business days.

Deposit:

Gaitame Finest provides two methods for depositing funds: “quick deposit” and “bank transfer.”

1. Quick Deposit: This method allows for rapid deposits. Corporate customers can use GMO Aozora Net Bank, Sumishin SBI Net Bank, PayPay Bank, Rakuten Bank, or Japan Post Bank for quick deposits. It's crucial to ensure that the bank account name registered on the Gaitame Finest account matches the account name used for the quick deposit. Failure to match the account names may prevent the quick deposit process.

2. Bank Transfer: When making a bank transfer deposit, it is necessary to include the login ID or account number and the FX account name (kana) as the transfer requester's name consecutively. The payer's name must match the name on the Gaitame Finest FX trading account. If a transfer is made from a different name, Gaitame Finest reserves the right to cancel the payment, even after the transfer is completed and trading occurs. It's important to note that any damages resulting from such a situation will be the customer's responsibility, and any refund-related fees will be borne by the customer. The timing of the bank transfer reflects the completion time of the transfer procedure, typically on the same day if completed by 15:00 on weekdays.

Customers can find their specific transfer account number on the “My Page” section of their Gaitame Finest account.

Trading Platforms

Gaitame Finest provides three trading platforms for its clients: MT4・ZERO, MT5, and EVO.

1. MT4・ZERO:

MT4・ZERO is a trading platform offered by Gaitame Finest. It is based on the popular MetaTrader 4 (MT4) platform. MT4・ZERO allows clients to trade various financial instruments, including forex. The platform has specific trading rules and guidelines that users need to follow. It implements a loss cut mechanism to manage risk and protect traders from excessive losses. MT4・ZERO supports a wide range of currency pairs for trading, providing flexibility to traders. It offers different types of orders, such as market orders, limit orders, and stop orders. The platform also includes tools like the Swap Point Calculator to help users calculate and manage swap points. MT4・ZERO operates in a system environment optimized for its performance, and it provides a margin simulator to assist traders in determining required margins for their trades.

2. MT5:

MT5 is another trading platform available at Gaitame Finest. It is an advanced version of the MetaTrader platform, offering enhanced features and capabilities compared to MT4. MT5 introduces additional trading rules and guidelines specific to its platform. Similar to MT4・ZERO, MT5 implements a loss cut mechanism to protect traders. It supports a wide range of currency pairs for trading, enabling diversification in trading strategies. MT5 offers various order types, including market, limit, and stop orders. The platform provides access to swap points information for different currency pairs. Like other trading platforms, MT5 has its own system environment specifications and margin calculation methods. Traders can also utilize the MT5 Margin Simulator for margin calculations.

3. EVO:

EVO is a trading platform that was initially launched by Gaitame Finest in 2009. It is a web-based platform designed to provide convenience and accessibility to traders. EVO utilizes advanced technology developed by the U.S. company Currynex to create an ECN (Electronic Communication Network) experience for forex trading. It offers features such as “board information” and a dealer-specific trading system. EVO aims to provide extremely narrow level spreads by connecting with multiple rate providers. The platform supports trading on various devices, including PCs, smartphones, and tablets. It offers a user-friendly interface, and traders can log in quickly and securely using features like FaceID or fingerprint authentication on smartphones. EVO has its own trading rules, loss cut mechanism, and a wide range of currency pairs available for trading. Traders can choose from different order types, and the platform also provides a margin calculation method and margin simulator to assist in managing trading margins.

Trading Tools

Gaitame Finest provides several trading tools to assist traders in their investment decisions. Here are the trading tools offered by Gaitame Finest:

1. Exchange Rate: Gaitame Finest offers real-time exchange rates for major currency pairs. These rates indicate the current value of one currency in relation to another, allowing traders to monitor and analyze market movements.

2. Economic Calendar: Gaitame Finest provides an economic calendar that displays upcoming economic events, such as central bank meetings, economic releases, and important announcements. The calendar helps traders stay informed about key events that may impact the financial markets and make informed trading decisions.

3. Forex Report: Gaitame Finest offers forex reports that provide in-depth analysis and insights into the foreign exchange market. These reports often cover market trends, technical analysis, fundamental factors, and trading strategies, allowing traders to gain a deeper understanding of the market and potentially identify trading opportunities.

In addition to these trading tools, Gaitame Finest also offers different trading platforms such as MT5 (individual course), MT4・ZERO (individual course), and EVO. These platforms provide traders with access to various currency pairs and trading features, allowing them to execute trades, monitor market prices, and utilize technical analysis tools.

It's important to note that the provided information includes example exchange rates and trading tool descriptions. For the most accurate and up-to-date information, traders should refer to Gaitame Finest's official website or contact their customer support.

Customer Support

Gaitame Finest provides customer support to assist clients with their inquiries and concerns. Here are the available support channels and resources:

1. FAQ and Manuals: Gaitame Finest has a comprehensive FAQ section, trading rules, and various manuals available on their website. Clients can refer to these resources to find answers and solutions related to their inquiries.

2. Phone Inquiries: For guidance on account opening procedures and telephone support for customers with live accounts, clients can contact Gaitame Finest's customer support via the toll-free phone number 0120-217-033. Phone inquiries are available on weekdays from 9:00 to 18:00.

3. Email Form: If clients have questions regarding the demo account or prefer to contact customer support via email, they can use the email form provided on the website. The form requires inputting the account number or login ID, name, telephone number, email address, and the content of the inquiry. Attachments can also be included with the inquiry.

Gaitame Finest aims to provide timely responses and support during their business hours. Clients can reach out for assistance or clarification regarding their accounts, trading platforms (MT4 ZERO, MT5, and EVO), and other related matters.

Additionally, Gaitame Finest has an official website where clients can access information about the company, its services, and platform features. They are also active on social media platforms such as Twitter, Instagram, and YouTube, where clients can follow and engage with them for updates and additional support.

Conclusion:

In conclusion, Gaitame Finest, a regulated financial institution in Japan, offers a comprehensive trading experience for investors. The company provides a diverse range of market instruments, spreads, and multiple account types to cater to different trading needs. The availability of deposit and withdrawal options, along with user-friendly trading platforms and helpful trading tools, enhances the overall trading experience. However, it is important to note that Gaitame Finest may have certain disadvantages, such as the potential for fees on certain services and transactions, and the limitations on leverage options for individual accounts. Despite these drawbacks, Gaitame Finest strives to meet the needs of traders while ensuring regulatory compliance and client satisfaction.

FAQs

Q: Is Gaitame Finest a legitimate company？

A: Gaitame Finest Company Limited is a regulated financial institution operating in Japan and holds a Retail Forex License regulated by the Financial Services Agency (FSA). Its license number is 2010001063860, effective since September 30, 2007. The company's compliance with FSA regulations provides assurance regarding its operations and adherence to industry standards.

Q: What market instruments does Gaitame Finest offer？

A: Gaitame Finest provides a diverse range of market instruments, including currency pairs, CFD stocks, and commodities. Traders can access various financial instruments such as major and cross-currency pairs, stock indices like Nikkei 225 Futures and NASDAQ 100 Futures, as well as commodities like gold and crude oil.

Q: What are the pros and cons of Gaitame Finest？

A: Gaitame Finest offers regulated services, a wide range of market instruments, and various trading platforms. However, it's essential to consider factors such as spreads, fees, and leverage when evaluating the pros and cons of the company. Traders should assess these aspects based on their individual trading preferences and goals.

Q: What types of trading accounts does Gaitame Finest offer？

A: Gaitame Finest offers live accounts and demo accounts. The live account allows clients to trade with real money, while the demo account provides a simulated trading environment for practicing and testing strategies without risking real funds. Clients can choose the platform that suits their preferences and trading strategies.

Q: How can I open an account with Gaitame Finest？

A: To open an account with Gaitame Finest, clients need to complete the account opening procedure, including providing necessary documents and meeting the account opening criteria. Specific details and instructions can be obtained from Gaitame Finest's official website or by contacting their customer support.

Q: What leverage options does Gaitame Finest offer？

A: Gaitame Finest offers different leverage options for corporate accounts across various trading platforms such as MT4, MT5, and EVO. The leverage ratios vary by currency pair and are subject to change. Traders should refer to Gaitame Finest's official website or contact customer support for the most up-to-date information on leverage and margin requirements.

Q: What are the spreads and commissions charged by Gaitame Finest？

A: Gaitame Finest offers competitive spreads for major currency pairs on their trading platforms. The spreads can vary based on market conditions and the specific platform used. Traders should check the real-time rates on the platform for the most accurate and up-to-date information on spreads.

Q: What fees are associated with Gaitame Finest？

A: Gaitame Finest charges fees for certain services and transactions. These may include deposit and withdrawal fees, certificate issuance fees, and fees for specific requests. The specific fee structure can be obtained from Gaitame Finest's official website or by contacting their customer support.