Tachibana
Pros and Cons
Pros
- Regulated by Japan’s Financial Services Agency (FSA)
- Diverse investment products: stocks, derivatives, and funds
- Trading platforms: Tachibana Trade Rich and mobile trading app
- Long operational history of 15-20 years
- Promotional bonuses for new account holders
Cons
- Not regulated by major authorities outside Japan
- Limited trading instruments (no Forex, commodities, or cryptocurrencies)
- Complex fee structure for trading
- No support for popular trading platforms like MetaTrader
- Language limitation (services primarily in Japanese)
Basic Information
User Reviews
Tachibana Overview
Tachibana, established in 2008 and headquartered in Tokyo, Japan, is a regulated forex broker overseen by the Financial Services Agency (FSA) under license number 関東財務局長(金商)第110号. This regulatory status underscores its commitment to compliance and client protection, making it a credible choice for traders looking for a trustworthy platform in the forex market. With over 15 years of experience, Tachibana has built a reputation for reliability and integrity in the financial services sector.
Is Tachibana Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Financial Services Agency (FSA) | Japan | Segregated Funds, Investor Compensation Scheme |
Is Tachibana Regulated and How Are Client Funds Protected?
Tachibana is a regulated broker under the supervision of Japan’s Financial Services Agency (FSA), holding a valid license number: 関東財務局長(金商)第110号. This regulatory status provides a level of assurance regarding the safety and legality of its operations. Client funds are protected through several mechanisms, including the requirement to maintain segregated accounts, ensuring that client funds are kept separate from the broker’s operational funds. Additionally, Tachibana may participate in investor compensation schemes, offering further protection in case of insolvency. Overall, the broker’s regulatory oversight contributes to a safe trading environment for investors.
Trading Products and Services
What trading instruments does Tachibana offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, Major & Minor Pairs | Many |
| Commodities | Gold, Silver, Crude Oil | Many |
| Indices | S&P 500, NASDAQ, FTSE 100 | Many |
| Stocks | Apple, Tesla, BP, Vodafone | 50+ |
| Cryptocurrencies | BTC, ETH | Varies |
Tachibana offers a diverse range of trading tools designed to cater to various types of traders, from beginners to seasoned professionals. With a robust selection of asset categories including Forex, commodities, indices, stocks, and cryptocurrencies, users can effectively implement different trading strategies and portfolio diversification. This extensive product range allows traders to adapt their approaches according to market conditions and personal risk appetites, enhancing their overall trading experience.
By providing access to multiple asset classes, Tachibana empowers its users to make informed trading decisions. Whether you’re looking to invest in Forex or explore stock options, the platform’s varied offerings meet the diverse needs of all traders while fostering an environment of flexibility and strategic growth.
Account Types and Trading Conditions
What Account Types and Fees Does Tachibana Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and casual traders | Low spreads, user-friendly interface | Suitable for small-capital practice |
| Professional Account | Experienced traders | High leverage, advanced trading tools | Requires trading experience and volume qualifications |
| Corporate Account | Corporate clients | Customized services, dedicated support | Requires corporate documentation |
| Islamic Account | Traders seeking swap-free options | No overnight interest charges | Must comply with Islamic finance principles |
| Demo Account | New traders and those testing strategies | Practice trading without risk | Available for all potential users |
Account Opening Process
To open an account with Tachibana, prospective traders must follow a structured process. First, they need to submit personal, employment, and financial information. This includes providing identity verification documents such as an ID and proof of address. Following the initial submission, the account will undergo a verification process. After approval, users can start trading, and there is flexibility to upgrade to a professional account later if desired, depending on trading activity and experience.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for major pairs |
| Forex (GBP/USD) | 1.2 | $0 (ECN: $3.5/lot) | Competitive spreads |
| CFDs (Nikkei 225) | 2.0 | $5 per lot | Standard fee structure |
| CFDs (Commodities) | 3.0 | $7 per lot | Varies by commodity |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on market conditions |
Other Fees
In addition to trading fees, Tachibana imposes several other costs. There may be deposit and withdrawal fees, although withdrawals are typically free. The platform may charge inactivity fees if an account remains dormant for an extended period. Overnight interest or swap rates may apply for positions held overnight. Additionally, currency conversion fees may be incurred for trading in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Tachibana Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4/MT5 | Windows, macOS | 2FA, symbol lookup, multiple order types, price alerts, technical indicators | Demo accounts, VPS |
| Web Version | Windows, macOS | Encryption, symbol lookup, one-click trading, push notifications, economic calendar | Demo accounts |
| Mobile App | iOS, Android | Biometrics, symbol lookup, one-click trading, price alerts, push notifications | API interfaces |
Tachibana offers a range of trading platforms to cater to different trader needs. The MT4/MT5 platforms are ideal for advanced users looking for comprehensive tools and functionalities. The web version provides a flexible option for users who prefer browser-based trading, while the mobile app ensures that traders can manage their accounts and receive real-time alerts on the go. All platforms emphasize secure login methods and efficient market search tools, contributing to a streamlined trading experience.
Overall, Tachibana’s platforms support mobile trading, fast order execution, and robust security measures, making it suitable for both novice and experienced traders.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| SEPA Transfer | 1-3 business days | No platform fee, 0.5% for third-party | Min 100, Max 50k/day | EUR |
| GrabPay | Instant | No fees | Min 20, Max 5k/day | SGD |
| SPEI | Instant | No platform fee, 1% for local banks | Min 200, Max 10k/day | MXN |
| Bank Transfer (International) | 3-5 business days | $25 flat fee | Min 500, Max 100k/day | USD, GBP |
| Alipay | Instant | No fees for deposits | Min 50, Max 3k/day | CNY |
Minimum Deposit
Tachibana requires a minimum deposit of $100 to open a trading account. This amount may vary based on the selected payment method and account type, with some methods allowing for lower deposits, such as GrabPay, which has a minimum of $20.
How to Withdraw
To withdraw funds from your Tachibana account, follow these steps:
- Log in to your Tachibana account.
- Navigate to the ‘Withdrawal’ section in your account dashboard.
- Select your preferred withdrawal method from the options available.
- Enter the amount you wish to withdraw, ensuring it meets the minimum and maximum limits.
- Confirm your withdrawal request and review any applicable fees.
- Submit the request, and you will receive a confirmation of your withdrawal.
- Funds will be processed according to the selected method’s timeframe.
Customer Support
Tachibana Customer Support Overview
Support Channels
Tachibana offers various support channels to assist customers effectively. These include:
- Email: Customers can reach out via email at info@t-stockhouse.jp for any inquiries or support needs.
- Live Chat: For immediate assistance, Tachibana provides a live chat feature on their website, enabling customers to get quick help.
- Telephone: Customers can contact Tachibana by phone at +81 3-3669-7213 for direct support.
- Social Media: Tachibana is active on various social media platforms, providing additional avenues for customers to reach out for help.
Service Availability
Tachibana’s customer support operates 24/5, ensuring that assistance is available during business hours throughout the week. Additionally, they provide multilingual support in Japanese and English, catering to a diverse customer base.
Additional Resources
To enhance customer experience, Tachibana offers a variety of educational resources:
- Video Tutorials: Customers can access a library of video tutorials covering different aspects of trading and platform usage.
- Webinars: Regular webinars are conducted to provide insights into market trends and trading strategies.
- Market Analysis: Tachibana provides in-depth market analysis to assist customers in making informed trading decisions.
- Trading Signals: Subscribers can receive trading signals to help them navigate the market effectively.
Frequently Asked Questions
Yes, Tachibana is regulated by the Financial Services Agency (FSA) in Japan, which ensures that it adheres to strict compliance and operational standards. This regulation provides a layer of security for your investments, as the FSA monitors the company’s practices to protect investors and maintain market integrity.
Tachibana provides a variety of trading conditions depending on the type of account and investment product. While it offers competitive handling fees for stock trading, margin trading can be fee-free for standard transactions. The handling fees for specific products, such as Nikkei 225 futures, start from 247 yen (including tax). It is advisable to review the specific conditions for each product on their official website.
Tachibana takes fund security seriously by implementing robust security protocols, including segregating client funds from company funds and utilizing advanced encryption technologies. Additionally, as a regulated entity by the FSA, it is required to adhere to strict financial regulations that further protect clients’ investments.
Tachibana offers a user-friendly experience across its trading platforms, including the Tachibana Trade Rich and the Tachibana Stock Trading App. These platforms are designed to cater to various user preferences, featuring easy navigation, comprehensive trading tools, and mobile compatibility to facilitate trading on the go.
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.