Himawari Securities
Pros and Cons
Pros
- Regulated by Japan’s Financial Services Agency (FSA)
- Offers a demo account for practice trading
- Self-developed trading platform available on PC and mobile
- Focuses exclusively on currency pair trading
- Established presence in the Japanese market since 2003
Cons
- No MetaTrader platform support
- Limited trading instruments (only Forex pairs)
- High spreads on major currency pairs
- No physical office presence confirmed
- Lack of comprehensive educational resources
Basic Information
User Reviews
Himawari Securities Overview
Himawari Securities, established in 2003 and headquartered in Tokyo, Japan, is a regulated forex broker under the oversight of the Financial Services Agency (FSA) of Japan (License No. 150). With nearly two decades of experience in the industry, Himawari has built a reputation as a reliable trading platform for forex enthusiasts. The broker offers a transparent trading environment, ensuring adherence to regulatory standards that promote trust and security for its clients.
Is Himawari Securities Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Financial Services Agency (FSA) | Japan | Segregated Funds, Investor Compensation Scheme |
Is Himawari Securities Regulated and How Are Client Funds Protected?
Himawari Securities is a regulated broker under the Financial Services Agency (FSA) in Japan, providing a level of security and oversight for its clients. Client funds are protected through measures such as segregation of funds, ensuring that client deposits are kept separate from the company’s operational funds. This practice helps safeguard investor capital in case of financial difficulties faced by the broker. Additionally, the FSA offers an investor compensation scheme to provide further protection for clients in the event of insolvency. While Himawari Securities has been operational for over 15 years, it is important for investors to remain aware of potential risks, such as the broker’s reported lack of physical office presence at its registered address, which could raise concerns about transparency and reliability.
Trading Products and Services
What trading instruments does Himawari Securities offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, AUD/NZD | Multiple |
| Commodities | Gold, Silver | |
| Indices | S&P 500, NASDAQ | |
| Stocks | Apple, Tesla, BP, Vodafone | |
| Cryptocurrencies | BTC, ETH |
Himawari Securities provides a diverse range of trading instruments that cater to various trading styles and preferences. With offerings in Forex, commodities, indices, stocks, and cryptocurrencies, traders can select from numerous options to build and diversify their portfolios. This extensive selection is particularly beneficial for different types of traders—be it beginners looking to explore Forex markets or experienced investors aiming to implement sophisticated trading strategies across multiple asset categories. The ability to trade various products not only enhances flexibility but also supports portfolio diversification, enabling traders to adapt their strategies to changing market conditions and personal investment goals.
Account Types and Trading Conditions
What Account Types and Fees Does Himawari Securities Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners to intermediate traders | Low spreads, user-friendly platform | Suitable for small-capital practice |
| Professional Account | Experienced traders | High leverage, advanced trading tools | Requires trading volume qualifications |
| Corporate Account | Corporate clients | Customizable services, dedicated support | Requires corporate documentation |
| Islamic Account | Traders adhering to Sharia law | Swap-free trading options | Application for swap-free status required |
| Demo Account | All traders | Risk-free trading environment | Available for all potential clients |
Account Opening Process
To open an account with Himawari Securities, prospective clients must follow a few straightforward steps. Initially, users are required to submit personal information, including their name, contact details, and date of birth. Following this, employment and financial information must be provided to assess the applicant’s trading experience and financial standing. Additionally, identity verification is essential, which includes submitting a government-issued ID and proof of address (such as a utility bill). Importantly, there is flexibility in account types; clients can upgrade to a professional account as they gain more experience or meet the necessary trading volume requirements.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 2.0 | $0 (ECN: $3.5/lot) | Standard spread for major pairs |
| Forex (GBP/USD) | 2.5 | $0 (ECN: $3.5/lot) | Standard spread for major pairs |
| CFDs (Stocks) | Varies | $5 per lot | Depends on the stock |
| CFDs (Indices) | Varies | $3 per lot | Depends on the index |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on market conditions |
Other Fees
In addition to trading fees, clients should be aware of other potential costs associated with their accounts. Deposit and withdrawal fees may apply, depending on the payment method chosen. There is also an inactivity fee for accounts that remain dormant for an extended period. Platform usage fees are not typically charged, but clients should be informed about overnight interest (swap rates) that may apply to their positions. Lastly, currency conversion fees could be incurred when trading in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Himawari Securities Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| Himawari FX | Windows, macOS | Login security (encryption), market search, multiple order types, price alerts, technical indicators | Demo account, VPS |
| Web Version | Browser-based (all OS) | Login security (encryption), symbol lookup, one-click trading, push notifications | Demo account |
| Mobile App | iOS, Android | Login security (biometrics), market search, price alerts, economic calendar | Demo account |
Himawari Securities provides a range of trading platforms, each catering to different trader needs. The Himawari FX platform is ideal for desktop users seeking advanced trading features and tools. The web version ensures accessibility across all operating systems, offering a straightforward interface for quick trades. The mobile app allows traders to manage their accounts conveniently from their smartphones, with features like biometric login and real-time alerts. All platforms emphasize secure logins and provide efficient search and alert tools, ensuring a responsive trading experience.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Local Bank Transfer (Japan) | 1-2 business days | No platform fee | Min 10,000 JPY, Max 5,000,000 JPY | JPY |
| PayPay (Japan) | Instant | 1.0% fee | Min 1,000 JPY, Max 1,000,000 JPY | JPY |
| GrabPay (Southeast Asia) | Instant | No platform fee, 1.5% e-wallet charge | Min 50, Max 20,000 JPY/day | JPY, USD |
| International Wire Transfer | 3-5 business days | Waived fees for VIP accounts > $10,000 | Min 50 USD, Max 200,000 USD | USD |
| Cryptocurrency (BTC, ETH) | Instant | 0.5% transaction fee | Min 0.01 BTC, Max 5 BTC | BTC, ETH |
Minimum Deposit
The minimum deposit requirement at Himawari Securities is 10,000 JPY for local bank transfers and varies by payment method. For e-wallets like PayPay, the minimum is 1,000 JPY, while for cryptocurrency deposits, it starts at 0.01 BTC. Additional criteria may apply based on account type or region.
How to Withdraw
To withdraw funds from your Himawari Securities account, follow these steps:
- Log into your Himawari Securities account.
- Navigate to the ‘Withdrawal’ section in the dashboard.
- Select your preferred withdrawal method (e.g., Local Bank Transfer, PayPay).
- Enter the withdrawal amount, ensuring it meets the minimum and maximum limits.
- Confirm the withdrawal details and submit your request.
- You will receive a confirmation email once the withdrawal is processed.
Customer Support
Himawari Securities Customer Support Overview
Support Channels
Himawari Securities offers a variety of contact methods to ensure that customers can easily access support when needed. The primary channels include:
- Email: Customers can reach out via the official email address for inquiries and assistance.
- Live Chat: The live chat feature on the website provides instant help for urgent questions.
- Telephone: For direct communication, customers can call +81 0120-86-9686.
- Social Media: Himawari Securities is active on platforms like Facebook, allowing customers to connect and receive updates.
Service Availability
The customer support service is available 24/5, ensuring accessibility throughout the trading week. Himawari Securities also offers multilingual support in languages including Japanese and English, catering to a diverse customer base.
Additional Resources
To enhance the trading experience, Himawari Securities provides various educational resources such as:
- Video tutorials to help users navigate the trading platform.
- Webinars that cover market trends and trading strategies.
- Market analysis to keep customers informed about potential trading opportunities.
- Trading signals to assist traders in making informed decisions.
Overall, Himawari Securities aims to provide comprehensive support and service to its customers, ensuring they have the resources needed for a successful trading experience.
Frequently Asked Questions
Himawari Securities is regulated by the Financial Services Agency (FSA) in Japan. This ensures that the company adheres to strict compliance standards and maintains transparency in its operations, thus providing a secure trading environment for its clients.
Himawari Securities offers a spread of 2 pips for the EUR/USD currency pair. However, the specifics of leverage are not explicitly stated, indicating that clients should consult the trading platform directly for detailed information on leverage options.
Client funds at Himawari Securities are held in segregated accounts, separate from the firm’s operating funds, to ensure safety and protection. Additionally, the firm is regulated by the FSA, which mandates stringent fund security measures.
Himawari Securities offers multiple customer support channels, including a dedicated telephone line (+81 0120-86-9686), social media platforms, and a contact form on their website. This allows clients to receive assistance efficiently and effectively.
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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.