No data
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Do you want to know which is the better broker between A3Trading and SBI FXTRADE ?
In the table below, you can compare the features of A3Trading , SBI FXTRADE side by side to determine the best fit for your needs.
--
--
--
--
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of a3trading, sbi-fxtrade lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Registered in | Cyprus |
Regulated by | No effective regulation at this time |
Year(s) of establishment | 2-5 years |
Trading instruments | Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks |
Minimum Initial Deposit | $200 |
Maximum Leverage | 1:200 |
Minimum spread | Information not available |
Trading platform | own platform |
Deposit and withdrawal method | VISA, MasterCard, maestro, jiomoney, skrill, bank transfer, neteller, exopayz, paysafecard, paytm, mobikwik, globe pay, fast bank transfer, scardu, etcetera. |
Customer Service | Email, phone number, address, live chat |
Fraud Complaints Exposure | Yes |
Risk Warning
Online trading involves huge risks and you can lose all your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained herein is for general information purposes only.
General information and regulations of A3Trading
A3Trading is an online forex broker registered in Cyprus and currently under no effective regulation.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.
At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.
Market instruments
Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks.....A3Trading allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on A3Trading.
Spreads and commissions for trading with A3Trading
A3Trading does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with A3Trading, we recommend that you take the time to calculate these transaction costs.
Account Types for A3Trading
The minimum initial deposit to open an account at A3Trading is 200 USD. According to the information on its website, there is no demo account or multiple account types. However, there is a no-loss guarantee in the first 5 transactions, and A3Trading claims that the clients can take the profits and A3Trading will cover the possible losses.
In case of absence of any activity for a period of at least three (3) months, the Company reserves the right to apply a fee of US$ 500 thereafter, charged on a quarterly basis. If the Client account is funded by less than US$ 500 and has been inactive for a period of three (3) months, the Company reserves the right to charge a lower amount to cover administrative expenses and close down the account.
Trading platforms offered by A3Trading
The company's trading platform is an in-house developed platform that can be used on computers, tablets and cell phones.
Leverage offered by A3Trading
Although some brokers offer leverage up to 1:500 or even 1:1000, the leverage of 1:200 offered by A3Trading is sufficient for the average trader. This is because the more leverage you have, the more risk you take with your money. Even professional traders, let alone novices, should not be tempted to use leverage as large as 1:500.
Deposit and withdrawal methods and fees
In order to withdraw from your account in A3Trading, you will need to provide a series of documents. The extra fees, minimum amount and processing time are not revealed. The feasible payment methods are: VISA, MasterCard, maestro, jiomoney, skrill, bank transfer, neteller, exopayz, paysafecard, paytm, mobikwik, globe pay, fast bank transfer, scardu, etcetera.
Educational resources
A series of educational resources is available at A3Trading, such as video lessons, autochartist, daily market review, economic calendar, live rates & charts, real-time trends, etcetera.
Customer support of A3Trading
Below are the details about the customer service.
Language(s): English, Arabic, Spanish
Email: customer.service.en@a3trading.com
Phone Number: +441519471242
WhatsApp: +447441427300
Address: Wanakena Ltd, 73 Arch. Makarios III Avenue, Office 301, 1070 Nicosia, Cyprus.
Users exposures on WikiFX
On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Advantages and disadvantages of A3Trading
Advantages:
Sufficient information
Educational resources
Many instruments available
Many deposit and withdrawal methods
Disadvantages:
Complaints
No effective regulation
Few information available
No MT4/MT5
No copy trading
Frequent asked questions about A3Trading
Is this broker well regulated?
No, it is currently not effectively regulated and you are advised to be aware of its potential risks.
How much leverage does this broker offer?
The maximum leverage of A3Trading is 1:200. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information.
Information | Details |
Company Name | SBI FXTRADE |
Registered Country/Area | Japan |
Regulation | Financial Services Agency, Japan |
Minimum Deposit | 1,000 yen for Quick Deposits |
Spreads | Narrow Spreads |
Trading Platforms | Desktop and Mobile |
Tradable Assets | Forex (34 currency pairs) |
Demo Account | Available |
Deposit & Withdrawal | Quick Deposits, Normal Deposits, Deposits to SBI Shinsei Bank |
Educational Resources | Official YouTube channel |
SBI FXTRADE is a Forex broker and a part of the SBI Group, a leading online financial services company in Japan. Its service allows users to engage in foreign exchange (FX) margin trading. The platform offers real-time market information and various analysis tools, which can assist both novices and experienced traders in their decision-making process.
The SBI FXTRADE platform boasts of features such as narrow spreads and 24-hour trading. It also offers a demo account option for practice. Additionally, there is a user-friendly interface which simplifies the process of FX trading and a mobile application for trading on the go. It is essential to remember that just like any other type of trading and investment, forex trading involves certain risks which should be thoroughly understood before participating.
SBI FXTRADE is a regulated broker under the jurisdiction of Japan. The platform is licensed as a Retail Forex License holder and is overseen by the Financial Services Agency of Japan. The license number is 関東財務局長(金商)第2635号 and the official licensed institution is SBI FX トレード株式会社. The license was effectively granted on 13th April 2012. However, there is no shared email address of the licensed institution. It's crucial to trade with a regulated broker as it provides a certain level of security and oversight.
Pros | Cons |
An extensive range of 34 currency pairs for trading | Certain deposit options involve fees |
Offers Quick deposits starting from 1,000 yen with no fees | Some deposit methods may not reflect immediately |
Regulated by the Financial Services Agency | Forex and other forms of trading always carry inherent risks |
Provides a range of educational resources, including a YouTube channel for learning and updates | For Normal deposits and some other services, transfer fees will be borne by the customer |
Allows 24-hour trading | |
User-friendly interface | |
Offers a demo account for practice | |
Provides both desktop and mobile trading platforms |
Pros:
1. Wide Range of Trading Instruments: SBI FXTRADE offers an extensive range of 34 currency pairs for trading, making it an attractive platform for those who wish to diversify their trading portfolio.
2. Quick Deposits: The platform provides a quick deposit feature that starts from 1,000 yen with no associated fees.
3. Regulation: SBI FXTRADE is regulated by the Financial Services Agency of Japan, adding a higher level of security and trustworthiness.
5. User-Friendly Interface: The platform has a user-friendly interface that simplifies the process of FX trading, making it easier for beginner traders to navigate.
6. Demo Account: SBI FXTRADE provides a demo account which allows users to practice trading strategies before investing real money.
7. 24-Hour Service: The platform facilitates 24-hour trading, enabling traders to take advantage of global forex market hours.
8. Mobile Trading: SBI FXTRADE offers mobile trading platforms for users to trade on the go.
Cons:
1. Deposit Fees: While quick deposits are free, other deposit methods such as the “normal deposit” method have associated transfer fees that will be borne by the customer.
2. Delay in Reflection of Deposits: Certain deposit methods may not immediately reflect the deposited amount in the trading account. If any error occurs, the reflection of deposit will have to wait till the confirmation of payment receipt.
3. Fees on Some Services: For certain services, such as normal deposits, transfer fees will be borne by the customer.
SBI FXTRADE provides its users with the opportunity to trade in a total of 34 currency pairs. This offering is considered to be one of the highest in the industry, giving traders a wide range of options when it comes to choosing their trading instruments.
It signifies that traders have the opportunity to capitalize on the movements of various currencies ranging from major currency pairs to minor and exotic ones. However, it's always important for traders to understand the risks associated with each trading instrument before investing.
The first step would be to navigate to the “Complete application in” button at the top right side of the page.
Please enter your email address using the submit button that is below the “apply for a personal account” sign. An account opening application URL will be sent to the email address you entered.
Enter your name, date of birth, and current address as in the identity verification document. The user is required to have a Japanese “MyNumber” identification in order to continue to after this step.
After the information has been examined, SBI FXTRADE will determine if the account creation process will be completed.
SBI FXTRADE offers two different methods of depositing funds: quick deposits and normal deposits.
Quick deposits start from 1,000 yen, with no associated fees. It's important to note that applications cannot be accepted during maintenance times performed by the broker or financial institutions.
SBI FXTRADE provides several methods for depositing and withdrawing funds.
For making deposits, there are three methods available:
Quick deposits: This method allows clients to deposit funds starting from 1,000 yen with no associated fees. However, deposition isn't guaranteed to reflect immediately - errors might delay the reflection of the deposit.
Normal deposits: This involves a money transfer to a created “Customer Dedicated Deposit Account”. Note that transfer fees are borne by the customer unless they are an SBI Shinsei Bank account holder depositing into the “SBI Shinsei Bank account exclusively for SBI FX Trade”.
Deposit to SBI Shinsei Bank: This method involves a money transfer to the dedicated SBI Shinsei Bank account for SBI FX Trade. There are no transfer fees and the customer has to specify their login ID and first and last name in kana in the remittance name.
The following provides more details on deposit confirmation and conditions:
Payments can be confirmed on the transaction screen.
Payments may not reflect immediately as they need to be received and confirmed by the bank. This process can take some time during busy periods.
Deposit processing is done three times a day at 9:00, 13:00, and 15:30.
Shinsei Bank deposits will be reflected in the FX account and need to be transferred to the savings FX account or the crypto asset CFD account by the user.
SBI FXTRADE offers an array of contact channels enabling seamless and efficient communication:
Direct Phone Line: Enabling immediate assistance, the firm can be directly contacted via their dedicated line at +81 0120-982-417.
Official Web Portal: An exhaustive array of resources could be found on their official website, SBI FXTRADE.
Social Media Presence: Connect with them on Twitter for real-time updates and interactions. They also maintain an active online presence on Facebook and exclusive content on their dedicated YouTube channel.
SBI FXTRADE provides several educational resources for its traders:
Official YouTube Channel: SBI FXTRADE maintains an official YouTube channel where they share informative video content. This includes market news, tutorials, trading strategies, and explanations on various aspects of Forex trading.
Today's Exchange News: This is presumably a feature where recent news and events affecting the exchange market are discussed, providing insights to help traders make informed decisions.
Crypto Asset Market Information: This channel is maintained by SBI VC Trade, which is also a part of the SBI Group. It provides information related to the crypto asset market.
Please note that Forex trading and trading in general can be risky, so it's essential to fully understand these risk factors and strategies before investing. Educational resources are a starting point, but should not be the only source of knowledge or strategy formulation. Real-time experience, trading practice, and individual research are also critical components of trading education.
SBI FXTRADE, a premium trading firm, offers multiple features tailored towards assisting traders succeed. Key offerings include diverse deposit methods (featuring Quick Deposits), a wide array of trading instruments, a user-friendly platform, and well-developed educational resources. However, potential users should be aware of potential deposit fees and delays, and inherent trading risks.
Q: What are some educational resources that SBI FXTRADE provides for traders?
A: SBI FXTRADE offers a variety of educational resources, including a YouTube channel filled with market news, trading strategies, and other trading-related insights, a feature for recent market news, programs providing insights into alternative currencies to USD/JPY.
Q: How can users contact SBI FXTRADE?
A: SBI FXTRADE can be reached through their phone number (+81 0120-982-417), their official website, or their social media accounts on Twitter, Facebook, and YouTube.
Q: What are the unique features of SBI FXTRADE?
A: SBI FXTRADE offers quick deposits without any fees starting from 1,000 yen and is regulated by the Financial Services Agency of Japan for enhanced security.
Q: What cautions should be taken while using SBI FXTRADE or similar trading platform?
A: As with all types of trading and investment, forex trading involves inherent risks. Users should ensure they understand these risks thoroughly before participating.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive a3trading and sbi-fxtrade are, we first considered common fees for standard accounts. On a3trading, the average spread for the EUR/USD currency pair is -- pips, while on sbi-fxtrade the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
a3trading is regulated by --. sbi-fxtrade is regulated by FSA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
a3trading provides trading platform including -- and trading variety including --. sbi-fxtrade provides trading platform including -- and trading variety including --.