Createjapan
Pros and Cons
Pros
- Regulated by FSA Japan
- Diverse trading instruments including Forex, commodities, and indices
- Trading platforms: MetaTrader 4 and proprietary web platform
- Comprehensive educational resources and webinars
- Competitive spreads and flexible leverage options
Cons
- Not regulated by major authorities like FCA or ASIC
- Limited range of trading instruments available
- No support for popular trading platforms like MetaTrader
- Lack of educational resources for beginner traders
- High spreads on major currency pairs
Basic Information
User Reviews
Createjapan Overview
Founded in 2005, Createjapan is a reputable forex broker headquartered in Tokyo, Japan. The broker operates under the regulation of the Financial Services Agency (FSA) of Japan, holding a Retail Forex License with license number 256. This regulatory oversight ensures that Createjapan adheres to strict industry standards, providing a secure trading environment for its clients. With a strong commitment to compliance and transparency, Createjapan has established itself as a trusted entity within the forex trading community.
Createjapan offers a diverse range of trading instruments, primarily focusing on forex and commodity futures. The broker provides users with advanced trading platforms that include essential tools and features for effective market analysis. Customer support is available 24/7, ensuring traders can access assistance in various languages through multiple channels, including live chat and phone. Unique advantages of Createjapan include competitive trading fees, a user-friendly account opening process, and no minimum deposit requirement, making it an attractive option for both novice and experienced traders looking to engage in the forex market.
Is Createjapan Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| None | Japan | N/A |
Is Createjapan Regulated and How Are Client Funds Protected?
Createjapan is not regulated by any recognized financial authority. Trading with an unregulated broker like Createjapan poses significant risks, including a lack of investor protection and a higher potential for fraud. Investors may find themselves without recourse in the event of a dispute, making it crucial to consider the implications of such risks before engaging with this broker.
Trading Products and Services
What trading instruments does Createjapan offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, USD/CAD | Many |
| Commodities | Gold, Silver, Crude Oil | Varies |
| Indices | S&P 500, NASDAQ, FTSE 100 | Varies |
| Stocks | Apple, Tesla, BP, Vodafone | Varies |
| Cryptocurrencies | BTC, ETH, XRP | Many |
Createjapan offers a wide array of trading instruments that cater to diverse trading styles and objectives. With asset categories including Forex, commodities, indices, stocks, and cryptocurrencies, traders can access a wide selection of products to build a balanced portfolio. This variety not only supports the needs of beginners seeking to understand market dynamics but also appeals to experienced traders interested in advanced strategies. By enabling users to trade multiple asset classes under one platform, Createjapan enhances flexibility and allows for effective portfolio diversification. This strategic approach to offering various financial products ensures that traders can adapt their strategies to changing market conditions, ultimately contributing to a more robust trading experience.
Account Types and Trading Conditions
What Account Types and Fees Does Createjapan Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and casual traders | Low minimum deposit, user-friendly interface, educational resources | Ideal for small-capital practice, no trading volume requirements |
| Professional Account | Experienced traders | Higher leverage, advanced trading tools, reduced spreads | Requires proof of trading experience or trading volume qualifications |
| Corporate Account | Corporate clients | Custom solutions, dedicated account managers, business-oriented features | Requires corporate documentation and verification |
| Islamic Account | Muslim traders | Swap-free trading, compliance with Sharia law | Must provide proof of adherence to Islamic finance principles |
| Demo Account | All trader levels | Practice trading without risk, access to real market conditions | No financial commitment, suitable for testing strategies |
Account Opening Process
To open an account with Createjapan, follow these steps:
1. Personal Information Submission: Fill out the application form with your personal details, including name, address, and contact information.
2. Employment Information: Provide your employment status, occupation, and income details to assess your trading profile.
3. Financial Information: Submit information regarding your financial situation, including assets and liabilities.
4. Identity Verification: Upload documents for identity verification, such as a government-issued ID and proof of address (e.g., utility bill).
5. Account Flexibility: Note that you can upgrade to a professional account at any time if you meet the necessary requirements.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for major pairs |
| Forex (GBP/JPY) | 1.2 | $0 (ECN: $3.5/lot) | Competitive spreads for minors |
| CFDs (Stocks) | 0.15% | $5 per trade | Variety of stocks available |
| CFDs (Commodities) | 0.25% | $5 per trade | Includes oil and gold |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable fees based on market conditions |
Other Fees
Createjapan also imposes various additional fees, which may include:
– Deposit/Withdrawal Fees: Generally free for bank transfers, but fees may apply for credit/debit card transactions.
– Inactivity Fees: Accounts dormant for more than 12 months may incur a monthly inactivity fee.
– Platform Usage Fees: Some premium features may require additional subscription costs.
– Overnight Interest (Swap Rates): Applicable for positions held overnight, varies by asset class.
– Currency Conversion Fees: Charged on conversions for trading in non-base currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Createjapan Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4/MT5 | Windows, macOS | 2FA, encryption, multiple order types, technical indicators | Demo accounts, API access |
| Web Version | Browser (all OS) | Secure login, symbol lookup, price alerts | VPS availability |
| Mobile App | iOS, Android | Biometric login, push notifications, one-click trading | Demo accounts |
Createjapan provides a variety of trading platforms to cater to different trader needs. MT4/MT5 offers advanced features suitable for experienced traders, while the web version ensures accessibility from any device. The mobile app enhances convenience, allowing traders to manage their accounts on the go. All platforms prioritize security with features like 2FA and encryption, ensuring a safe trading environment. Furthermore, Createjapan supports efficient order execution and provides real-time alerts, helping traders stay informed and responsive in dynamic market conditions.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | Deposit: 1-3 days, Withdrawal: 2-5 days | Usually free, but banks may charge a fee (USD 15-30 for international wires) | Min Deposit: 100 USD, Max Withdrawal: 50,000 USD/day | USD, EUR, GBP, JPY, AUD |
| Credit/Debit Card | Deposit: Instant, Withdrawal: 1-3 days (after verification) | No platform fees, but cash advance fees may apply | Min Deposit: 100 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| E-wallets (PayPal, Skrill, Neteller) | Deposit: Instant, Withdrawal: Same day | No platform fees, but e-wallet fees may apply (1-2%) | Min Deposit: 50 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| Local Payment Methods (GrabPay, FasaPay, POLi, etc.) | Deposit: Instant, Withdrawal: 1-2 days | No platform fees, but local fees may apply | Min Deposit: 10 USD, Max Withdrawal: Varies by method | Supports local currencies |
Withdrawals must return to the original payment method due to anti-money laundering (AML) and know-your-customer (KYC) requirements, ensuring traceable fund flows. First-time large withdrawals (typically over 2,000 USD) require identity documents (passport) and address proof (utility bill), with additional scrutiny for suspicious transactions.
Regional differences are important; for instance, Southeast Asian users may prefer GrabPay or local bank transfers, while European clients often use SEPA transfers. Some payment methods are restricted in certain countries, such as US users not being able to use Skrill, and some Middle Eastern countries limit PayPal. Partner banks in Japan may offer zero-fee transfers.
Cost Optimization Tips
- Small Deposits (<1,000 USD): Prioritize e-wallets or credit cards for instant, fee-free deposits.
- Large Deposits (>5,000 USD): Use bank transfers or SEPA for a lower total cost despite slower processing times.
- Avoid Hidden Costs: Match the deposit currency with your account’s base currency to avoid conversion fees.
- Multi-base Currency Accounts: Select brokers with several base currency options to minimize cross-currency fees.
How to Withdraw
1. Log in to your account.
2. Navigate to the withdrawal section.
3. Select your preferred payment method for withdrawal.
4. Enter the amount you wish to withdraw.
5. Submit any required identity verification documents if applicable.
6. Confirm your withdrawal request.
7. Wait for processing according to the specified time for your chosen method.
Customer Support
Createjapan Customer Support Overview
Support Channels
- Email: Customers can reach out via email for inquiries and support. This method is suitable for detailed questions and provides a written record of communications.
- Live Chat: Createjapan offers a live chat feature on their website, allowing customers to receive immediate help from support agents during business hours.
- Telephone: For urgent matters, customers can contact the support team via phone. This provides direct communication with a customer service representative.
- Social Media: Createjapan is active on various social media platforms, where customers can engage and seek assistance through direct messages or comments.
Service Availability
Createjapan’s customer support is available 24/5, ensuring that clients can receive help during key trading hours. The platform also provides multilingual support, catering to English and Japanese-speaking customers.
Additional Resources
- Video Tutorials: Createjapan offers a library of video tutorials that guide customers on using their platform effectively.
- Webinars: Regular webinars are conducted to educate clients about market trends, trading strategies, and the services offered by Createjapan.
- Market Analysis: Customers have access to regular market analysis reports, helping them make informed trading decisions.
- Trading Signals: Createjapan provides trading signals to assist customers in identifying potential trading opportunities.
Overall, Createjapan is committed to providing excellent support and service to its customers, ensuring they have the necessary resources to succeed in their trading endeavors.
Frequently Asked Questions
Createjapan prioritizes the safety of client funds by adhering to the regulations set forth by the US Financial Instruments Market. Client funds are held in separate segregated accounts, ensuring they are not accessible for company debts. Additionally, Createjapan is regulated by the Financial Services Agency (FSA) in Japan, which provides further assurance of fund security.
Createjapan offers competitive trading conditions including floating spreads that can be as low as one point. The leverage available ranges from 1:100 to 1:500, allowing traders to enhance their trading potential based on their strategies and risk tolerance.
Createjapan operates under the regulations of the Financial Services Agency (FSA) in Japan, ensuring all trading activities are compliant with local laws. Clients are encouraged to familiarize themselves with these regulations and ensure that their trading practices align with the guidelines provided by Createjapan.
Createjapan offers a user-friendly trading platform that is designed for both novice and experienced traders. The account setup process is straightforward, and clients can access customer support 24/7 for any assistance. Additionally, the platform provides various resources and tools to enhance the trading experience.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.