AS-TEM
Pros and Cons
Pros
- Diverse range of trading instruments including precious metals and agricultural commodities
- Access to trading platforms: MT4 and MT5
- Customer support available via phone for direct assistance
- Operating in the market for approximately 5 to 10 years
- Minimum deposit requirement of 5,000 JPY for account activation
Cons
- No regulatory oversight or licensing
- Limited trading instruments available
- No demo account option for practice
- Lack of educational resources or market analysis
- Potentially high trading fees and spreads
Basic Information
User Reviews
AS-TEM Overview
AS-TEM, officially known as ASTEM Co., Ltd., is a forex broker based in Japan, having been established in 1962. The broker operates in the Japanese market and has been active for approximately 5 to 10 years. However, it is important to note that AS-TEM is currently unregulated, which may pose potential risks to traders seeking to engage with their services. More information about the broker can be found on their website at https://www.wikifx.com/en/dealer/9151181249.html.
AS-TEM offers a diverse range of trading instruments, including precious metals such as gold, silver, and platinum, as well as agricultural commodities and Japanese stock market indices like the Nikkei Average and TOPIX. While specific details regarding their trading platforms are limited, the broker provides access to various market instruments suitable for different trading strategies. Customer support is accessible via phone, with the contact number being +81 06-4790-3401. Traders should exercise caution, considering the lack of regulatory oversight, and evaluate their options carefully before choosing to trade with AS-TEM.
Is AS-TEM Safe? Regulation Analysis
Regulatory Information
AS-TEM, officially known as ASTEM Co., Ltd., is not regulated by any recognized financial authority. This lack of regulation can pose significant risks to traders, including a lack of investor protection and a higher potential for fraud. Traders should be particularly cautious when considering engagement with this broker.
Trading Products and Services
What trading instruments does AS-TEM offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs | Varies |
| Commodities | Gold, Silver, Platinum, Rice Shell Index, Corn 50, U.S. Soybeans, Red beans | Multiple |
| Indices | Nikkei Average, TOPIX | Varies |
| Stocks | Japanese Stocks | Varies |
| Cryptocurrencies | Not Available |
AS-TEM provides a diverse range of trading instruments, including precious metals, agricultural commodities, and Japanese stock market indices. This variety caters to different types of traders, from beginners to seasoned professionals, enabling them to adopt various trading strategies. The inclusion of multiple asset categories facilitates portfolio diversification, allowing traders to manage risk effectively while pursuing their trading goals. Whether traders are looking to engage in forex or explore the dynamics of commodities and indices, AS-TEM offers a platform that supports flexible trading approaches, making it a suitable choice for various market participants.
Account Types and Trading Conditions
What Account Types and Fees Does AS-TEM Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and novice traders | Designed for entry-level traders, suitable for small capital | Ideal for practicing trading strategies with lower capital |
| Professional Account | Experienced traders | Offers enhanced trading features and potentially tighter spreads | May require proof of trading experience or higher trading volumes |
| Corporate Account | Corporate clients | Customized services for businesses engaging in trading | Requires corporate documentation for account setup |
| Islamic Account | Traders seeking Sharia-compliant options | Offers swap-free trading conditions | Eligibility based on compliance with Islamic finance principles |
| Demo Account | All types of traders | Allows practice trading without real funds | Currently not available at AS-TEM |
Account Opening Process
To open an account with AS-TEM, prospective traders need to follow a straightforward process. First, they must submit personal information, including their name, contact details, and date of birth. Next, employment and financial information are required to assess the trader’s background. Identity verification is necessary, which involves providing valid identification documents and proof of address. Once the account is established, traders may have the option to upgrade to a professional account in the future, depending on their trading activity and experience level.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (major pairs) | Varies | Varies | Competitive pricing for various major pairs |
| CFDs (stocks, indices, commodities) | Varies | Varies | Depends on the specific asset selected |
| Cryptocurrencies | Not Available | N/A | AS-TEM does not offer cryptocurrency trading |
Other Fees
Traders should be aware of various other fees that may apply when using AS-TEM services. These can include deposit and withdrawal fees, which may vary based on the payment method chosen. Inactivity fees may apply if an account remains dormant for an extended period. Additionally, there could be platform usage fees, depending on the specific tools or services accessed. Overnight interest, also known as swap rates, may be applicable for positions held overnight, and currency conversion fees may apply if trading in multiple currency pairs.
Trading Platforms and Apps
What Trading Platforms and Apps Does AS-TEM Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4 | Windows, macOS, iOS, Android | Secure logins, multiple order types, technical indicators | No demo accounts |
| MT5 | Windows, macOS, iOS, Android | Secure logins, market depth, economic calendar | No demo accounts |
| Web Version | Any device with internet access | Secure logins, symbol lookup, price alerts | No demo accounts |
AS-TEM provides access to multiple trading platforms, including MT4 and MT5, which support a wide range of devices such as Windows, macOS, iOS, and Android. Both MT4 and MT5 offer secure login features and various order types, ensuring a robust trading experience. The web version allows for trading on any device with internet access, featuring additional tools like symbol lookup and price alerts. AS-TEM does not currently offer demo accounts for practice trading, which may be a consideration for new traders. Overall, the platforms support mobile trading, secure logins, and efficient search tools, catering to diverse trading needs.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min 10,000 JPY, Max 1,000,000 JPY | JPY |
| Credit/Debit Card | Instant | No platform fee | Min 5,000 JPY, Max 500,000 JPY | JPY |
| Local Payment Services | Instant | 1.5% fee for deposits | Min 1,000 JPY, Max 100,000 JPY | JPY |
Minimum Deposit
AS-TEM requires a minimum deposit of 5,000 JPY for account activation. This amount remains consistent across payment methods, ensuring accessible entry for traders.
How to Withdraw
- Log in to your AS-TEM trading account.
- Navigate to the ‘Withdrawal’ section of the account dashboard.
- Select your preferred withdrawal method from the available options.
- Enter the desired withdrawal amount within the specified limits.
- Submit your withdrawal request for processing.
- Monitor the status of your withdrawal through the account dashboard.
Customer Support
AS-TEM Customer Support Overview
Support Channels
AS-TEM offers customer support primarily through telephone, allowing traders to contact them directly for assistance. The provided contact number is +81 06-4790-3401, which ensures that help is accessible for any inquiries or issues that may arise.
Service Availability
Customer support is available during standard business hours, but specific details about the exact hours of operation are not provided. AS-TEM does not indicate the availability of multilingual support, so traders should be prepared for communications primarily in Japanese.
Frequently Asked Questions
AS-TEM, officially known as ASTEM Co., Ltd., is not regulated by any recognized financial authority. This lack of regulation can pose significant risks to traders, including a lack of investor protection.
AS-TEM offers a diverse range of trading instruments, including precious metals like gold, silver, and platinum, agricultural commodities such as the Rice Shell Index, Corn 50, U.S. Soybeans, and Red beans, as well as Japanese stock market indices like the Nikkei Average and TOPIX.
Customer support at AS-TEM is primarily available via telephone at +81 06-4790-3401. This allows traders to directly reach out for assistance with any inquiries or issues.
AS-TEM requires a minimum deposit of 5,000 JPY for account activation, making it accessible for traders looking to start trading.
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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.