The Forex vending floor of Kawase is a standardized broker approved to maintain commercial activity in the EU. The system is based on the major Japanese principles of commerce – confidence, adjustability, and austerity.
Being the branch of TopFX Ltd, the organization has the main office in Limassol, Cyprus and possesses 25 licenses for commercial operations.
The company was founded in 2011 as the Principal Brokerage Subdivision of the parent organization. Its operation is regulated by CySEC and governed by MiFID. Currently, the broker’s stuff includes more than 120 employees. It’s the Qualified Partner of The Red Crescent Movement and The UNICEF.
The broker provides over 3000 mercantile tools and a diversity of positions, including values, stocks, indexes, power resources, etc. When buying and selling contracts for differences, users have a chance to benefit from depositing tiny sums of money and observing the market movements from the ‘long’ to the ‘short’ position, and vise versa.
With Kawase, the speed of transaction execution is less than 100 ms. The spreads are changeable here; they depend on the trading tool you’ve selected. For certain pairs, for instance, the put and call levels start from 0.0 pips, but more frequently they are a bit higher. The standard spread level is around 0.5 pips. The gearing varies between 1:1 and 1:500.
The broker has foreseen three methods of merchandising, each of which has its own targets and benefits:
On the website of this broker, one can easily select the scheme that is particularly suited to his personal preferences and demands.
The company has developed a unique vending system with improved business conditions and advanced dealing tools. Actually, it is a logical extension of Kawase, which remained functional only until the end of 2018. Since that time, all accounts within the ‘old’ platform were deactivated, so that users could start their commercial activity from the very beginning with Fondex.
The distinction between the two brokers is not that big. The new platform provides the same levels of spreads, flexible commissions, and noticeable discounts. The size of rake-off depends on the client’s performance: the more he vends the more the company supports him. If you deal with 0-500 lots per month your fee will be as high as $2.5 per lot, and if your level is from 1000 to 1500 lots your monthly brokerage charge will decrease to $1.5.