Overall, GAITAME is a trustworthy broker to invest with and utilize its trading services. Gaitame provides two types of live trading accounts, as well as a free demo account and has an overall rating of 6 out of 10.
GAITAME at a Glance
| 🔎 Broker's Name | GAITAME |
| 📍 Headquartered | Tokyo, Japan |
| 📅 Year Founded | 2002 |
| ⚖️ Regulating Authorities | Financial Futures Association of Japan |
| 🌐 Countries not accepted for trade | All countries accepted |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 🚀 Sign up bonus | Yes |
| 📈 Maximum Leverage | 1:100 |
| 💰 Minimum Deposit | None |
| 💳 Deposit Options | Bank Wire Credit/Debit Card |
| 💳 Withdrawal Options | Bank Wire Credit/Debit Card |
| 💻 Platform Types | NextNeo |
| 📱 OS Compatibility | Mac, Microsoft Windows, Mobile, Web, iPhone |
| 📈 Tradable assets offered | Forex |
| 👨💼 Languages supported on Website | English, Japanese |
| 👥 Customer Support Languages | English, Japanese |
| 📆 Customer Service Hours | 8 hours, five days a week |
| 👉 Open a account | Click Here |
GAITAME Review – 20 key points quick overview:
GAITAME Overview
According to research in South Africa, Gaitame is a Japanese online forex broker that aims to provide comprehensive power for swaps and spreads using state-of-the-art forex trading tools.
The broker is positioned more towards traders based in Japan but is working towards expanding its reach to support a global client base going forward.
GAITAME Safety and Security
The forex market is extremely volatile, linked as it is to fluctuations in global currencies which in turn are determined by various market movements and global events.
While this very volatility contributes to more enhanced and lucrative trades, particularly for regular traders, it also means that a certain level of security is required within the forex trading environment in order to ensure full profitability.
Most forex brokers aim to provide a certain level of security through some form of authorization under relevant regulatory bodies. The most recognized of these bodies include such organizations as the FCA, CySEC, and ASIC.
However, such regulation can also present certain restrictions, such as on the level of leverage which regulated brokers may offer.
While these restrictive measures are put in place in order to protect traders, some investors may seek out brokers with less regulatory restriction to benefit from concurrently enhanced trades – a risk that is ultimately taken at the trader’s own discretion.
Gaitame is a registered Financial Supervision Authority under license number 276 and is regulated by the Financial Futures Association of Japan under License No. 1544.
The Financial Futures Association of Japan is a reputable regulatory body that adheres to the strict oversight of the Japanese government so that clients of Gaitame of assured of a safe and secure trading environment.
GAITAME Leverage
Most brokers on the forex market today offer some form of leverage, which is essentially a small loan granted on behalf of the broker to their clients in order for them to make larger trades and increase their potential profits.
The entire forex and CFD industry to some extent relies upon the use of margin and leverage.
Leverage is the opportunity provided by a forex broker to open a speculative position worth a much larger amount of money than you have at your disposal. Leverage is expressed in ratios like 200:1, 100:1, 50:1, etc.
For example, if your online trading company blocks €1,000 from your trading account to open a 100,000 EUR/USD position, it means you are using a 100:1 leverage. Put in different words, you control €100,000 with only €1,000.
As such, leverage is a great way for smaller traders to potentially make larger returns than they would have been able to with the investments already at their disposal.
However, making larger speculations with borrowed money also carries a higher risk of significant losses, particularly for those intending on investing large sums of money.
It is for this reason that many regulators made the decision to cap the maximum leverage which brokers operating under their authority could offer so that most regulated brokers can now offer a maximum leverage of 1:30.
In 2016, Gaitame made the decision to halve its leverage ratios from 200:1 to 100:1. Many speculated that this was a result of declining trading volumes at the time.
However, the broker has chosen to maintain the adjusted leverage ratios in order to maintain a stable growth trajectory going forward.
GAITAME Accounts
The forex industry is arguably the largest financial market in the world today, and as such abounds with a wealth of different traders of all experience levels and trading styles.
In order to facilitate this varied base of client traders, most forex brokers provide a selection of different accounts which each cater to the specific needs of traders and are often designed according to experience level and investment styles.
Many of these accounts come with their own spreads and commissions also tailored to the requirements and the investment potential of specific traders.
Gaitame provides two types of live trading accounts, as well as a free demo account.
Individual Account
Individual Account
Both the Individual and Corporate Accounts come with an offer of a 103 000 yen cash-back incentive when first opening an account, which is a very attractive offer.
GAITAME Markets Instruments
Gaitame seems to position itself more as a pure forex broker at this stage and offers a fairly decent selection of 30 currency pairs, which could make this broker too limited for some traders.
GAITAME Fees
Different forex brokers will offer different fee structures based on how they make a profit and on the type of traders which they target, or cater for.
Most forex brokers make a profit on the commission, the spread, or both, and some offer more competitive structures, while others charge higher commissions in return for more lucrative trading options.
Traders will ultimately have to choose a broker whose fee structure best suits their trading style, the investment they have at their disposal, and their trading strategy.
In terms of its spreads, Gaitame claims to offer some of the narrowest spreads in the forex industry, which start as low as 0.2 pips for certain currency pairs. Gaitame also offers commission-free trading with no transaction fees tied to its trades.
GAITAME Deposit and Withdrawal
Traders often examine a broker’s deposit and withdrawal options in order to determine how the associated rates charged by the broker might affect their profitability over the long term.
Traders also often seek out brokers who provide a wide range of deposit and withdrawal options in order to make for a more streamlined and cost-effective process.
Deposits with Gaitame can be made through bank transfer or credit and debit card, though the broker does not seem to offer some of the more popular e-wallet methods.
The broker does offer a “Quick Deposit” service with certain banks. This is a service that allows you to instantly deposit funds from the affiliated financial institutions on weekdays as well as on weekends and holidays 24 hours. Moreover, all transfer fees are free.
Withdrawals are also made through bank wire and credit or debit card only and are provided free of charge.
GAITAME Trading Platforms
Gaitame offers a range of proprietary platforms for both desktop and mobile applications, which are described in more detail below.
NextNeo (Windows/Mac)
The NextNeo trading platform for Windows and Mac is easy to use even for beginners and has a wealth of functions that even advanced users will be satisfied with. This is the latest version of the tool Gaitame recommends.
NextNeo Old Version
The older sibling of the trading platform, this version is a highly customizable trading tool that can be adjusted for specific trading strategies. Java must be installed to use it.
Mobile Tools
Gaitame offers two mobile versions of its trading platforms which are compatible with both Android and iPhone.
The app can be downloaded using a QR code, and its transactions are intuitive and smooth with a suite of charting tools for a comprehensive trading experience.
How to open a GAITAME Account step by step
Opening an account is an easy online process that consists of the following steps:
Step 1 – Visit the GAITAME Website
Visit the official website of GAITAME.
Step 2 – Click on the “Open an Account” tab
On the middle bottom of the menu, click on the “Open an Account” tab to start the process of opening an account.
Step 3 – Fill out the registration form
Fill out all the required details to finish setting up your account
GAITAME Customer Support
Gaitame’s customer support is fairly limited, though the broker does supply a comprehensive FAQ section that covers most queries regarding their features and trading conditions.
The support team can be contacted via email or telephone, though a live chat option is not available. Support is available Monday-Friday 7:00-23:00, and is only provided in Japanese and English.
GAITAME Education
Gaitame offers fairly comprehensive educational resources, which include an introductory guide to forex, and a so-called practice section on the website which covers relevant topics such as slippage, price changes, and more.
GAITAME Research
Gaitame does not offer any independent research tools on its website, apart from those already embedded in its proprietary trading software, which includes charting tools and currency converters.
GAITAME Awards
Often, the level and number of awards that a broker has received is a strong indication of their standing within the industry, though some brokers do not participate in awards schemes.
Gaitame has not indicated any awards on its website to date.
GAITAME vs FXGlobe vs XM – A Comparison
| 🔎 Broker | 🥇 GAITAME | 🥈 FXGlobe | 🥉 XM |
| 💰 Minimum Deposit | None | $250 | $5 USD |
| 📝 Sign-Up Bonus | ☑️ Yes | ☑️ Yes | ☑️ Yes |
| ➕ Max. Leverage | 1:100 | 1:300 | 1:888 |
| 💵 Currency Pairs | - | 50+ | 57 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
GAITAME Best Countries by Traders
| 🌎 Country of Trade | 📌 % of Traders |
| 🥉 Japan | 97.97% |
| 🥇 Philippines | 0.63% |
| 🥈 Canada | 0.58% |
| 🥉 Taiwan | 0.17% |
| 🥇 Germany | 0.15% |
GAITAME Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term – “GAITAME” is entered into Google’s search engine over a given period of time.
GAITAME Pros and Cons
| ✔️ Pros | ❌ Cons |
| Decent leverage | No research tools |
| Well regulated | |
| Narrow spreads |
GAITAME Conclusion
Gaitame is an online broker which offers a fair trading environment for both beginner and advanced traders, though the lack of more popular trading platforms like MetaTrader4 might be a deterrent for more serious traders.
Disclaimer
Risk Warning: The Company also offers CFD products which are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with GCI Trading.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Cryptocurrencies are complex, high-risk, and volatile and may result in the loss of all invested capital over a short period of time; they are not appropriate for all investors.
Investors must understand and acknowledge these specific characteristics and risks and be warned that there is no EU regulatory framework governing trading in cryptocurrency products.
CFDs and Forex are not only complex instruments, but they also have a high level of risk which may result in loss of funds that exceed the trader’s initial deposit.
Traders need to evaluate their objective, level of risk exposure and willingness to be exposed to risks, according to research done in South Africa.
Frequently Asked Questions
Trading Environment
How many instruments can I trade with Gaitame?
You can trade up to 30 currency pairs on Forex with Gaitame.
Which platforms are supported by Gaitame?
Gaitame provides its own proprietary NextNeo platforms for PC and mobile apps
.
Does Gaitame offer leverage?
Yes, Gaitame offers maximum leverage of 1: 100
What spreads can I expect with Gaitame?
Gaitame’s spreads vary depending on the instrument being traded but start as low as 0.2 pips
What is the overall rating out of 10 for Gaitame?
7/10
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