SBI FXTRADE’s regular OTC currency account accepts orders stated in individual base-currency units and changes its pricing band as the order grows. Two additional trading products serve different purposes: scheduled, lower-leverage currency accumulation and cash-settled crypto speculation. The operator also provides bank-linked funding and a separately priced service that delivers physical US dollar notes.[40][33]
Account comparison01
Account and service routes at a glance
| Account / service | Contract and customer scope | Platform and principal condition |
|---|---|---|
| SBI FXTRADE | SBI FXトレード株式会社 — Japan residents; retail clients | Proprietary FX platforms. Japan domestic regular FX; pair-specific margin and suspensions apply.Source 6Source 2 |
| Tsumitate Gaika | SBI FXトレード株式会社 — Japan residents; retail clients | Accumulation FX web/app. Separate accumulation FX account; variable swap amounts and product margin rules apply.Source 19Source 2 |
| SBI Bitcoin FX | SBI FXトレード株式会社 — Japan residents; retail clients | SBI Bitcoin FX web/app. Japan domestic retail crypto derivative account; no underlying-coin delivery.Source 23Source 2 |
Operator, account eligibility and access
Sections ↑Entities & regulation02
Domestic service scope
| Question | Published position |
|---|---|
| Legal company | SBI FXTRADE Co., Ltd.; founded November 2011, based in Tokyo.Source 2 |
| Authority record | FSA list: SBI FXトレード株式会社, Kanto No.2635, Type I.Source 1 |
| Retail account acceptance | Japan residents aged 18–80 with legal capacity, understanding of the product and ability to manage the account online. Approval remains subject to screening.Source 3 |
| Corporate eligibility | Japan-registered head office or branch; eligible company forms and Japan-resident representative/trading manager are required.Source 3 |
| Opening documents | Provide My Number and accepted identity evidence; smartphone verification is available through the documented application process.Source 4 |
| Language and overseas access | The account service and documents reviewed are Japanese. The broker says the service assumes trading in Japan and restricts some access from overseas.Source 37 |
Account comparison03
Which account does what?
| Service | Exposure or purpose | Separate condition |
|---|---|---|
| SBI FXTRADE | Dealer OTC currency positions | Cash-settled; foreign-currency balances cannot be withdrawn as a position settlement.Source 40 |
| Tsumitate Gaika | Accumulation FX, including scheduled purchases | An FX derivative service, with margin and loss-cut rules; it is not a bank deposit.Source 20 |
| SBI Bitcoin FX | Crypto price derivatives | No receipt or custody of the underlying coins.Source 40 |
| Across services | Product accounts have separate positions | Open positions cannot be transferred between products.Source 37 |
Regular FX: units, instruments and pricing bands
Sections ↑Account comparison04
Order size and available pairs
| Measure | Published rule |
|---|---|
| Smallest / largest order | One to 10 million base-currency units. The service expresses quantities directly rather than imposing a conventional 100,000-unit lot.Source 6 |
| Currency list | 34 pairs are listed, including Asian and emerging-market currencies; RUB/JPY new opening orders are suspended.Source 7 |
| Price tiers | 1–1,000,000; 1,000,001–3,000,000; 3,000,001–5,000,000; and 5,000,001–10,000,000 base units.Source 5 |
| Ticket limit | Up to 2,000 open-position and pending-opening-order tickets combined. A single bulk close can process at most 500 positions.Source 5 |
A quoted narrow spread must be matched to the order-size band and the clock. The current core-window promotion below covers five specified JPY crosses at 1–1 million base units, from 09:00 to 03:00 the following day, JST. These are fixed-in-principle terms with exceptions, not guaranteed fills or an independently observed average.[8]
Pricing & charges05
Current selected core-window terms
Pricing & charges06
Historical USD/JPY pricing by order size
| Base units | Published reference spread | Basis |
|---|---|---|
| 1–1,000,000 | 0.18 sen | August 2026 broker distribution reportSource 9 |
| 1,000,001–3,000,000 | 0.38 sen | Same reporting periodSource 9 |
| 3,000,001–5,000,000 | 0.68 sen | Same reporting periodSource 9 |
| 5,000,001–10,000,000 | 1.18 sen | Same reporting periodSource 9 |
Pricing & charges07
Fees and regular-FX swaps
| Item | Published treatment |
|---|---|
| Trading and account fees | Ordinary execution, account opening and maintenance are free. The spread remains a transaction cost.Source 40 |
| Forced closure | The regular FX rulebook lists zero loss-cut commission. Adverse market execution remains possible.Source 5 |
| Swap points | Daily rollover generates a variable credit or debit depending on currency and direction. The broker publishes the applicable swap calendar.Source 14 |
| Taking swap cash | There is no separate instruction to withdraw only an open FX position’s swap. A withdrawal may still be possible within the displayed withdrawable amount; this is not the accumulation account’s distribution feature.Source 15 |
Margin: ordinary leverage is not universal
Sections ↑Account comparison08
Regular FX margin by customer and pair
| Scope | Requirement | Consequence |
|---|---|---|
| Retail, most pairs | 4% minimum margin | Maximum leverage 25:1.Source 5 |
| BRL/JPY | 10% margin | Maximum 10:1.Source 5 |
| RUB/JPY existing exposure | 33% margin | Approximately 3.03:1; no new opening orders.Source 5 |
| Corporate FX | Weekly FFAJ pair-specific risk ratios | Margin and leverage differ by pair; use the current account schedule.Source 13 |
| Hedged positions | Larger opposing position determines required margin | This does not eliminate the spread or swap expense.Source 12 |
Protections & eligibility09
Intraday margin protection
| Trigger | Published mechanism |
|---|---|
| Alerts | Notifications below 100% and 60% margin ratio.Source 10 |
| Unfilled opening orders | Cancelled if the overall FX account margin ratio falls below 100%.Source 10 |
| Loss cut | All positions forcibly closed below 50%; checks normally run every 20 seconds.Source 10 |
| Retail execution tier | Aggregate holdings up to 1 million units per pair use tier 1; larger retail holdings use tier 2 for forced closure. Corporate accounts use the applicable actual size tier.Source 10 |
| Remaining liability | A fast move or delayed fill can create a loss beyond the deposit. The threshold does not fix the final loss.Source 12 |
Protections & eligibility10
End-of-day margin shortfall
| Stage | What must happen |
|---|---|
| Assessment | A closing margin ratio below 100% creates a specific required-margin deficit and cancels pending new orders.Source 11 |
| Cure deadline | By 30 minutes before the next trading day ends, deposit the missing amount, close sufficient pre-assessment positions, or combine both.Source 11 |
| Recovery alone | A subsequent gain does not cancel the issued deficit. Closing the smaller side of a hedge does not cure it.Source 11 |
| Display to check | The deficit must show a hyphen. A displayed zero can conceal a fractional shortfall. If uncleared, every position is subject to forced closure.Source 11 |
| Possible new exposure | If price recovery restores opening capacity, a new order may become possible; it does not erase the existing deadline or exempt new positions.Source 11 |
Regular FX dealing hours and order control
Sections ↑Trading & service hours11
FX timing in Japan Standard Time
| Season | Opening / daily close | Maintenance |
|---|---|---|
| US daylight saving | Monday opens 07:00; Tuesday–Friday open 06:00; daily close 05:30 next day | 05:30–06:00 on relevant trading-day transitions.Source 5 |
| US standard time | Monday–Friday open 07:00; daily close 06:30 next day | 06:30–07:00 on relevant transitions.Source 5 |
| Weekend | No ordinary FX execution | Maintenance and holiday notices can further restrict login or order availability.Source 5 |
At a glance12
Orders and strategy constraints
| Feature | Published treatment |
|---|---|
| Conditional execution | 2Way/market, limit, stop, IFD, OCO, IFD-OCO and trailing instructions; eligible pending-order durations include day, week and one year.Source 5 |
| External automation | The agreement prohibits unauthorised external tools and automated programs, including cloud-based programs.Source 3 |
| Excessive system impact | The agreement also restricts repeated/high-frequency activity that materially disrupts systems, other clients, pricing or hedging. No blanket permission for every scalping method follows.Source 3 |
Tsumitate Gaika: scheduled currency accumulation
Sections ↑Account comparison13
Account composition and selectable leverage
| Scope | Published choice |
|---|---|
| Ten JPY currency exposures | USD, GBP, AUD, NZD, CAD, ZAR, TRY, CNH, HKD and MXN. Purchases build long currency exposure; sales dispose of it.Source 16 |
| Up to 3:1 | USD, GBP, AUD, NZD, CAD and MXN offer 1:1, 2:1 or 3:1 selections.Source 16 |
| Up to 2:1 | CNH, ZAR, TRY and HKD offer 1:1 or 2:1.Source 16 |
| Minimum order | One base-currency unit. Scheduled purchases: up to 1 million units; discretionary purchases/sales: up to 10 million per order.Source 16 |
Account comparison14
Scheduled buying and funding
| Action | Published timing or condition |
|---|---|
| Purchase frequency | Daily, weekly Wednesday, or monthly on the 26th; non-business days defer execution. Orders instructed by 09:30 JST use the applicable 09:55 midpoint purchase.Source 16 |
| Scheduled purchase cost | No purchase spread under the scheduled midpoint service. This does not make discretionary purchases or later sales free.Source 18 |
| Margin suspension | Below 100% account margin, purchase limits are cancelled and scheduled buying is suspended. Resumption requires a manual restart instruction.Source 17 |
| Automatic bank funding | From JPY 10,000, with zero transfer fee; choose the 5th, 10th, 15th, 20th or 25th. A bank holiday moves funding to the preceding business day. Corporate accounts are excluded.Source 17 |
Pricing & charges15
Published one-way accumulation-FX dealing cost
| Currency against JPY | Cost per base unit | Scope |
|---|---|---|
| USD | JPY 0.025 | Each discretionary purchase or saleSource 18 |
| GBP | JPY 0.15 | Each discretionary purchase or saleSource 18 |
| AUD | JPY 0.10 | Each discretionary purchase or saleSource 18 |
| ZAR / MXN / HKD | JPY 0.025 each | Each discretionary purchase or saleSource 18 |
Pricing & charges16
Accumulation swap settings
| Setting | Cash treatment |
|---|---|
| Save | Accumulate the product’s swap points.Source 19 |
| Reinvest | Use credited swaps for additional currency purchases at the daily 09:55 midpoint.Source 19 |
| Distribute | If accrued swaps reach JPY 10,000, the first-Saturday monthly assessment can trigger automatic payment to the registered bank.Source 19 |
| Yield uncertainty | Swap receipts vary and do not guarantee a return or prevent losses on the currency position.Source 20 |
Protections & eligibility17
Accumulation FX risk controls
| Measure | Product-specific rule |
|---|---|
| Alerts and closeout | Alerts at 50% and 35%; forced closeout below 30%, normally checked every 20 seconds.Source 16 |
| Economic character | The 1:1 option still holds an OTC currency derivative; deposit-insurance or fixed-yield assumptions do not follow from the lower leverage.Source 20 |
SBI Bitcoin FX: six crypto derivative contracts
Sections ↑Account comparison18
Crypto order quantities
Pricing & charges19
Crypto margin, funding and operating costs
| Item | Published rule |
|---|---|
| Retail margin | 50% of trade value, equivalent to 2:1 leverage.Source 23 |
| Corporate margin | Weekly JVCEA crypto risk ratios; the corporate schedule is separate from retail 2:1.Source 26 |
| Position limit | 500 open positions and pending new orders combined.Source 21 |
| Ordinary fees | Account opening, maintenance and normal execution are free under the general product terms; spreads and overnight funding remain.Source 40 |
| Overnight adjustment | Positions carried through 06:30 JST incur the variable funding adjustment. Depending on market conditions it can be received or paid; the app and web tool show history.Source 24 |
| Loss cut | Below 50% account margin; alerts at 100% and 60%; normal checking interval 20 seconds.Source 21 |
Trading & service hours20
Crypto availability and funding route
| Area | Current condition |
|---|---|
| Daily session | 07:00 to 06:30 the following day, JST; daily maintenance 06:30–07:00. This product can trade on weekends outside maintenance.Source 21 |
| Wednesday maintenance | From 7 October 2026: 13:00–14:00 JST. Login/orders are blocked 12:59:55–14:00:30; fills stop 13:00:30–14:00:30.Source 25 |
| Bank-transfer limitation | Ordinary bank transfers first enter FX or accumulation FX before an internal transfer to crypto. Direct crypto funding uses its supported quick-deposit/NEOBANK routes.Source 21 |
Deposits, withdrawals and NEOBANK
Sections ↑Account comparison21
Funding choices
| Route | Cost and conditions |
|---|---|
| Quick deposit | JPY 1,000 minimum, broker fee zero, using participating internet banks. Corporate supported-bank availability differs.Source 28 |
| Ordinary bank transfer | Send to the allocated account; sender pays applicable bank charges. Use the broker’s account-name instructions.Source 27 |
| Special SBI Shinsei route | The remitter field must include the designated login ID and matching katakana name. Missing identifiers can delay allocation.Source 27 |
| NEOBANK connection | Requires the relevant bank account provided by Docomo SMTB Net Bank. Supported broker–bank transfers are immediate subject to maintenance; the bank relationship is separate.Source 32 |
Pricing & charges22
Withdrawing JPY
| Question | Published answer |
|---|---|
| Amount restriction | The FAQ sets no withdrawal amount limit; the account’s actual withdrawable balance still controls.Source 30 |
| Bank-transfer charge | Normally paid by the broker; withdrawals below JPY 2,000 may incur a transfer fee.Source 29 |
| Ordinary processing | Request by the applicable trading-day close for normal payment on the next bank business day.Source 31 |
| Large or disrupted payment | The broker allows up to four business days from the request when an issue or large withdrawal requires more time.Source 31 |
Physical US dollar delivery is a separate purchase
Sections ↑Pricing & charges23
USD-note delivery rules
| Item | Published term |
|---|---|
| Funding source | Pay from available JPY in the regular FX account; this is separate from closing an FX position for physical delivery.Source 33 |
| Order bounds | Minimum USD 1; maximum JPY 1 million equivalent per order and JPY 2 million over 30 days.Source 33 |
| Conversion fee | JPY 2 per USD from 1 October 2026, reduced from JPY 3.Source 34 |
| Postage | JPY 500; waived for a purchase of at least JPY 100,000 equivalent.Source 33 |
| Dispatch | Before 09:00 on a business day, normally next-business-day dispatch; later requests move back a business day. Delivery is to the registered address by registered mail.Source 33 |
| Cancellation | A completed order cannot be cancelled. Arrival is distinct from the broker’s dispatch date.Source 33 |
Platforms, demo availability and security
Sections ↑Platforms & products24
Trading interfaces
| Tool | Published use |
|---|---|
| Mobile FX app | iPhone/Android, including simplified mode.Source 35 |
| Rich Client NEXT | Installed desktop dealing with custom layouts and multiple-monitor support.Source 35 |
| WEB NEXT | Browser trading on supported Windows, Mac, iPad and tablets.Source 35 |
| TradingView | Charts integrated within the FX trading environment; availability is described for FX account holders. This is not evidence of a separate public API or automated strategy service.Source 36 |
| Demo | The broker’s FAQ explicitly says it does not provide demo trading.Source 37 |
| Product apps | Accumulation FX and SBI Bitcoin FX have their own smartphone applications and account functions.Source 38 |
Platforms & products25
Authentication and support
| Area | Current published position |
|---|---|
| Passkeys | Supported across the web and named trading tools. Password login is planned to end around mid-December 2026; the broker says this timetable may change.Source 38 |
| Device requirement | Rich Client NEXT uses Windows Hello for passkeys; unsupported password managers are not interchangeable with that requirement.Source 38 |
| Customer inquiries | Web forms are accepted around the clock; human responses and telephone callbacks run Monday–Friday 09:00–17:00 JST, excluding holidays/year-end closure.Source 39 |
| Automated help | The published chatbot is available 24 hours, 365 days; that is distinct from staffed support.Source 39 |
Client money and external dispute resolution
Sections ↑Protections & eligibility26
Protection and limits
| Area | Published treatment |
|---|---|
| FX cash segregation | The FX disclosure names SMBC or SBI Clearing Trust. Required trust funding is calculated each business day; additional funding may follow within two business days.Source 12 |
| Trust scope | Segregation addresses custody of client margin, not a guarantee of investment value or immunity from an execution-related deficit.Source 12 |
| Formal dispute route | The FX disclosure identifies FINMAC, the Financial Instruments Mediation Assistance Center, as the external financial-dispute route.Source 12 |
This profile translates the domestic product terms reviewed on 10 October 2026. Prices and features are company-published, and no live execution, withdrawal or support response has been independently tested.
Company background & evidence
Sections ↑- Headquarters
- Tokyo, Japan
- Founded
- November 2011
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
SBI FXトレード株式会社
JapanSource 2
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Services AgencyKanto Local Finance Bureau (Kinsho) No.2635 | Authorised | Checked 10 Oct 2026Type I financial instruments business.Source 1 |
Sources & further reading
- FSA register, 31 August 2026 Financial Services Agency · 31 Aug 2026 · Accessed 10 Oct 2026
- Company profile SBI FXTRADE · Accessed 10 Oct 2026
- FX customer agreement SBI FXTRADE · Accessed 10 Oct 2026
- Account-opening process SBI FXTRADE · Accessed 10 Oct 2026
- FX trading rules SBI FXTRADE · Accessed 10 Oct 2026
- FX order quantities SBI FXTRADE · Accessed 10 Oct 2026
- FX currency coverage SBI FXTRADE · Accessed 10 Oct 2026
- Current advertised core-window spreads SBI FXTRADE · Accessed 10 Oct 2026
- August 2026 spread distribution by size SBI FXTRADE · Accessed 10 Oct 2026
- FX closeout calculation SBI FXTRADE · Accessed 10 Oct 2026
- Daily margin deficiency and cure SBI FXTRADE · Accessed 10 Oct 2026
- FX pre-contract risk disclosure SBI FXTRADE · Accessed 10 Oct 2026
- Corporate FX margin schedule SBI FXTRADE · Accessed 10 Oct 2026
- FX swap-point service SBI FXTRADE · Accessed 10 Oct 2026
- Swap-only withdrawal question SBI FXTRADE · Accessed 10 Oct 2026
- Accumulation FX trading rules SBI FXTRADE · Accessed 10 Oct 2026
- Scheduled purchases and automatic funding SBI FXTRADE · Accessed 10 Oct 2026
- Accumulation FX dealing costs SBI FXTRADE · Accessed 10 Oct 2026
- Accumulation FX swap settings SBI FXTRADE · Accessed 10 Oct 2026
- Accumulation FX and foreign-currency deposits SBI FXTRADE · Accessed 10 Oct 2026
- SBI Bitcoin FX trading rules SBI FXTRADE · Accessed 10 Oct 2026
- Crypto contract sizes SBI FXTRADE · Accessed 10 Oct 2026
- Retail crypto leverage SBI FXTRADE · Accessed 10 Oct 2026
- Crypto overnight funding adjustment SBI FXTRADE · Accessed 10 Oct 2026
- Crypto maintenance change effective 7 October 2026 SBI FXTRADE · Accessed 10 Oct 2026
- Corporate crypto margin schedule SBI FXTRADE · Accessed 10 Oct 2026
- Available deposit methods SBI FXTRADE · Accessed 10 Oct 2026
- Quick-deposit service SBI FXTRADE · Accessed 10 Oct 2026
- Withdrawal fees SBI FXTRADE · Accessed 10 Oct 2026
- Withdrawal amount limits SBI FXTRADE · Accessed 10 Oct 2026
- Withdrawal processing time SBI FXTRADE · Accessed 10 Oct 2026
- SBI FXTRADE NEOBANK service SBI FXTRADE · Accessed 10 Oct 2026
- Physical foreign-currency delivery service SBI FXTRADE · Accessed 10 Oct 2026
- USD delivery conversion-fee reduction SBI FXTRADE · Accessed 10 Oct 2026
- Published trading platforms SBI FXTRADE · Accessed 10 Oct 2026
- TradingView chart integration SBI FXTRADE · Accessed 10 Oct 2026
- Product transfers, demo and overseas access SBI FXTRADE · Accessed 10 Oct 2026
- Passkey login migration SBI FXTRADE · Accessed 10 Oct 2026
- Customer support channels SBI FXTRADE · Accessed 10 Oct 2026
- Product settlement and risk statement SBI FXTRADE · Accessed 10 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.