Traders Securities is the Japanese legal company behind Minna FX and LIGHT FX. It is wholly owned by Traders Holdings. The operating company was formed through the 2006 group split; the corporate history before October 2006, including the 1999 origin, belongs to the predecessor now named Traders Holdings.[1]
The account family: one broker, several contracts
Sections ↑Account comparison01
Current product routes
| Account / brand | What it provides | Where the distinction matters |
|---|---|---|
| Minna FX | Discretionary OTC foreign exchange | FX-specific prices and margin.Source 2 |
| Minna System Trading | Strategy-following FX | Separate system-trading account and advice cost.Source 2 |
| Minna Options | Currency ladder binary options | Purchased tickets with fixed expiry payouts.Source 2 |
| Minna Coin | Leveraged crypto CFDs | Yen-settled derivatives, with daily holding charges.Source 2 |
| LIGHT FX | Separate discretionary FX brand | Own tools, limits and funding ledger.Source 4 |
LIGHT FX Coin is a discontinued service: the broker stopped new trading in March 2024 and subsequently ended the product. The current crypto-CFD account described below is Minna Coin. A historical LIGHT FX Coin opening guide is not evidence of present availability.[37]
Account comparison02
Opening requirements and service eligibility
| Route | Published criteria |
|---|---|
| Minna FX / System: individuals | Japan resident, at least 18 and under 80, excluding high-school students; Japanese tax liability only and accepted identity/My Number documentation.Source 15 |
| LIGHT FX: individuals | Japan resident, at least 18 and under 80, excluding high-school students; further contractual eligibility applies.Source 16 |
| Minna Coin: individuals | Japan resident, at least 18 and under 75, excluding high-school students; separate financial-resource and product-suitability assessment.Source 30 |
| Minna Options activation | After FX/System opening, supply the additional information and pass the knowledge test.Source 17 |
| Corporate Minna FX / System | A legally registered Japanese head office or branch and the other contractual contact, tax and competence requirements.Source 15 |
Minna FX and LIGHT FX: units and symbol variants
Sections ↑At a glance03
Interpret the advertised instrument count carefully
| Term | Published meaning |
|---|---|
| 51 listed symbols | Includes 12 LIGHT variants and USD/JPY Large, rather than 51 different currency combinations.Source 3 |
| RUB/JPY | The listed pair remains unavailable for new orders; no resumption date is stated.Source 14 |
| Usual unit | 1 lot = 10,000 base-currency units; minimum and increment 0.1 lot = 1,000 units.Source 3 |
| HUF/JPY, HUF/JPY LIGHT and listed RUB/JPY | 1 lot = 100,000 base units; 0.1 lot = 10,000 units.Source 3 |
| Normal versus LIGHT | Opposite orders across these symbols do not net, even with hedging disabled. Their conditions and exposure limits differ.Source 5 |
At a glance04
Maximum discretionary FX opening order
At a glance05
Selected Minna FX holding caps, per long/short side
| Symbol category | Maximum lots |
|---|---|
| Normal ZAR/JPY, MXN/JPY or HUF/JPY | 3,000Source 3 |
| Normal USD/JPY | 500Source 3 |
| ZAR/JPY LIGHT or MXN/JPY LIGHT | 500Source 3 |
| TRY/JPY LIGHT | 200Source 3 |
| Other LIGHT variants | 300Source 3 |
| CHF/ZAR or CHF/MXN; CHF/TRY | 100; 10 respectivelySource 3 |
| Other normal pairs | 1,000Source 3 |
At a glance06
LIGHT FX has different LIGHT-symbol holding caps
Account comparison07
Other discretionary-account constraints
| Measure | Published rule |
|---|---|
| Aggregate positions | Minna FX and LIGHT FX each: 5,000 total long-plus-short lots and 500 position tickets.Source 4Source 3 |
| Daily new orders | 50,000 lots per pair; closing trades do not consume this new-order limit.Source 4 |
| Retail leverage | Headline 25:1; the suspended RUB/JPY listing specifies 10:1.Source 4 |
| Corporate leverage | Pair-specific ratios reviewed weekly; it is not a universal 25:1 corporate account.Source 4 |
| LIGHT FX funding and maintenance | No fixed initial deposit; dealing commission and account-maintenance fee JPY 0. Margin and bank-method minimums still apply.Source 4 |
| Minna FX commission and maintenance | JPY 0; no fixed initial deposit.Source 3 |
The two brands do not publish identical spreads
Sections ↑Pricing & charges08
Selected Minna FX advertised spreads
Pricing & charges09
Selected LIGHT FX advertised spreads
Margin, liquidation and swap treatment
Sections ↑Protections & eligibility10
Product-specific closeout rules
| Account | Trigger | Action |
|---|---|---|
| Minna FX | Margin ratio at or below 100% | Market-close every position in that FX account; no separate loss-cut fee.Source 8 |
| LIGHT FX | Margin ratio at or below 100% | Automatically closes all FX positions under its account rules.Source 4 |
| Minna System | Margin ratio at or below 100% | Closes all system-account positions.Source 9 |
| Minna Coin | Margin ratio below 100% | Closes oldest positions first until the ratio recovers to at least 100%.Source 29 |
| Minna Options | Fully paid purchased tickets | No FX-style margin loss-cut; unsuccessful expiry loses the premium.Source 25 |
At a glance11
Collateral and execution details
| Issue | Practical consequence |
|---|---|
| Minna FX required margin | Recomputed continuously from live rates; a rate change can alter required collateral as well as P&L.Source 8 |
| Other account balances | Funds are managed separately and are not automatically transferred to prevent liquidation in another ledger.Source 15 |
| Deficit after FX/System liquidation | Pay by noon JST on the third business day counted from the day the debt arose. The broker may apply other-account funds to settle the debt.Source 15 |
| Loss-cut price | The threshold does not guarantee a fill price or maximum loss; a gap or failed execution can leave a debt.Source 8 |
| Discretionary order slippage | Clients can set tolerance; a narrower tolerance prioritises price and can reduce execution likelihood.Source 10 |
Pricing & charges12
FX swaps: accrual is different from withdrawal
| Operation | Treatment |
|---|---|
| Rollover | The applicable calendar governs the days credited or debited; holidays change allocation and rates are variable.Source 11 |
| Yen fractions | Receipts round down; payments round up to whole yen.Source 11 |
| Swap receipt without closing | Minna FX can realise accrued swap cash while preserving the currency position, then move available cash to the funding ledger for withdrawal.Source 12 |
| Bulk selection | The app can collect across positions; the PC selection is restricted to the same pair and direction.Source 12 |
| Margin effect | Accrued swaps already enter net assets. Realising them does not itself improve the margin ratio.Source 13 |
| System account | Swaps are allocated to positions after the business day and reflected in account cash when the position closes.Source 21 |
Minna System Trading: follow, configure and stop
Sections ↑At a glance13
What is being followed
| Strategy type | Operating model |
|---|---|
| Trader | A real Minna FX user’s discretionary transactions supply signals; the follower’s fills and prices can differ.Source 22 |
| Program | An automated trading program supplies the investment strategy.Source 22 |
| Selection | Follow a candidate, select it and start trading. Merely selecting it does not begin live trading.Source 24 |
Pricing & charges14
System sizing and costs
| Setting | Published rule |
|---|---|
| New quantity setting | 0.1–100 lots; fixed order quantity until the client changes it.Source 23 |
| Old amount-based setting | New amount-based instructions have been unavailable since 27 July 2019. The old JPY 5,000 figure is not a current new-strategy minimum.Source 23 |
| Total exposure | 5,000 lots; 3,000 position tickets; pair holding limit 1,000 lots on each side.Source 21 |
| Investment-advice remuneration | 0.2 pip per side including tax, already embedded in the quoted spread.Source 21 |
| Pip convention for that fee | JPY pairs: 0.01 yen; CHF/ZAR, CHF/TRY and CHF/MXN: 0.01 quote units; other non-yen pairs: 0.0001.Source 21 |
At a glance15
Stop controls have different effects on open trades
| Command | Existing positions | Future signals |
|---|---|---|
| Stop trading | Closes all positions by market orders | Stops new orders; selected strategies remain listed.Source 24 |
| Deselect one strategy | Closes that strategy’s positions | Removes it and stops its new orders.Source 24 |
| Stop new trading | Positions remain and still follow the strategy’s exit signals | Pauses new entries until restarted.Source 24 |
At a glance16
Risk control is strategy-specific
| Control | Published behaviour |
|---|---|
| Loss allowance | When linked realised-plus-unrealised P&L reaches the configured loss allowance, the strategy’s positions close and the strategy is deselected.Source 21 |
| Protected/automatic-exit-stopped positions | Stopping or deselecting still closes these positions; strategy risk control also overrides the automatic-exit-stop setting.Source 24 |
| Execution difference | A strategy’s own profitable trade can correspond to a loss for a follower because prices, spreads and timing differ.Source 22 |
Minna Options: purchased ladder tickets
Sections ↑At a glance17
Contract, payout and dealing limits
| Item | Current published rule |
|---|---|
| Reference pairs | USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY and EUR/USD.Source 25 |
| Contract | European-style ladder option; purchases and early sales are market orders, with no uncovered option writing.Source 25 |
| Ticket unit and payout | Minimum one lot; winning payout JPY 1,000 per lot. Purchase premium is deducted immediately.Source 25 |
| Outcome boundary | Call wins at or above the strike; put wins strictly below it. Equality therefore belongs to the call.Source 25 |
| Maximum size | 200 lots per order; 1,000 open lots across all reference assets.Source 25 |
| Early exit and price | Resale allowed before the cutoff; buy/sell prices differ. Orders cannot be cancelled or amended after acceptance/execution.Source 25 |
At a glance18
Daily binary-option rounds
| Schedule | Published timing |
|---|---|
| Duration | Ten rounds daily, each providing up to 180 minutes between opening and determination.Source 26 |
| First / last round | 07:10–10:10 JST / 01:10–04:10 JST the following morning.Source 25 |
| Entry/exit cutoff | Two minutes before determination; a new round opens every two hours, so adjacent rounds overlap.Source 25 |
| Knowledge and loss controls | The knowledge test is required before activation; declared losses/resources can result in individual restrictions.Source 17Source 25 |
Minna Coin: derivatives and daily carrying cost
Sections ↑At a glance19
Crypto CFD sizes are in coin units
Pricing & charges20
Coin account economics and availability
| Item | Published condition |
|---|---|
| Contract and funding | Yen-settled OTC derivatives; customers do not receive or withdraw the underlying coins.Source 30 |
| Leverage | 2:1 for individuals and corporates; maximum 500 position tickets.Source 27 |
| Market access | 24 hours, 365 days, subject to daily and weekly maintenance; weekends do not eliminate the maintenance interruption.Source 27 |
| Ordinary trade commission | JPY 0; spread still applies.Source 28 |
| Holding fee | 0.04% of notional per day across daily maintenance, calculated from quantity and the previous closing price. The rate can change.Source 28 |
| Rounding | Each sub-yen holding-fee amount is rounded upward to a whole yen.Source 28 |
| Deficit repayment | Due by noon JST on the third business day counted from its arising. The disclosure specifies 14.6% annual late-payment damages after the deadline.Source 30 |
Trading tools and service schedules
Sections ↑Platforms & products21
Tools available for each account
| Account | Documented access |
|---|---|
| Minna FX | FX Trader browser and app, Web Trader and Web Trader demo; My Performance analyses the client’s trading results.Source 31 |
| Embedded TradingView charts | FX Trader and its app offer TradingView chart mode with more than 80 indicators; not every TradingView feature is included.Source 32 |
| Minna System | System Trader browser and dedicated app.Source 33 |
| Minna Options | Options Trader browser, including smartphone-compatible browser access.Source 34 |
| LIGHT FX | Advanced Trader, Simple Trader and the LIGHT FX mobile app.Source 35 |
Trading & service hours22
Normal FX/System schedule, JST
| Event | US standard-time period | US daylight-saving period |
|---|---|---|
| Weekly dealing | Monday 07:00–Saturday 06:50 | Monday 07:00–Saturday 05:50Source 21 |
| Tuesday–Sunday daily maintenance | 06:50–07:10 | 05:50–06:10Source 21 |
| Monday maintenance | 06:00–06:25 | 06:00–06:25Source 21 |
| Weekly maintenance | Saturday 12:00–18:00 | Saturday 12:00–18:00Source 21 |
Deposits, withdrawals and the account ledgers
Sections ↑At a glance23
Minna bank funding
| Method | Amount / charge | Where the cash arrives |
|---|---|---|
| Direct deposit | JPY 5,000 minimum; broker pays the transfer charge | Choose the intended trading account during payment. Normally rapid, subject to bank and system availability.Source 18 |
| Ordinary transfer | Customer pays bank charges | Arrives in the funding ledger; transfer it to FX/System/Options/Coin before relying on it as that product’s margin.Source 18 |
| Internal transfer | Free movement of available funds through My Page | Balances remain separate until transferred.Source 18 |
At a glance24
LIGHT FX bank-payment handling
| Issue | Published procedure |
|---|---|
| Direct deposit | JPY 5,000 minimum, broker-funded fee; select FX as the destination account.Source 19 |
| Ordinary transfer | Obtain the customer-specific deposit destination in My Page; credit first lands in the funding ledger.Source 19 |
| Sender identification | Use the exact account-holder name; do not append login IDs or account-number text to the sender name.Source 19 |
| Incomplete online flow | Closing the window instead of returning through the bank’s final confirmation can prevent realtime credit and defer manual processing.Source 19 |
At a glance25
Withdrawal rules and cross-brand transfers
| Operation | Published handling |
|---|---|
| Minna bank withdrawal | JPY 2,000 minimum, except withdrawal of the entire remaining balance; use available cash in the funding ledger.Source 12 |
| Minna timing and charge | Free; within three bank business days. Weekday requests by 11:00 JST are normally sent that day.Source 18 |
| LIGHT FX timing and charge | Free; within three bank business days, ordinarily same day for eligible requests by 11:00 JST.Source 19 |
| Minna FX ↔ LIGHT FX | No direct cross-brand funds transfer, despite the same legal company. Withdraw to the registered bank, then deposit to the other brand.Source 20 |
Security, client-asset structure and tax scope
Sections ↑At a glance26
Published authentication changes
| Date / account route | Practical effect |
|---|---|
| Passkeys introduced 28 March 2026 | The current System Trader manual provides passkey setup and an ID/password plus emailed OTP alternative.Source 24 |
| LIGHT FX notice dated 7 October 2026 | Accounts lacking a passkey on 31 December 2026 face phased new-order and withdrawal restrictions from January 2027; timing/details will be separately announced.Source 36 |
Protections & eligibility27
Trust coverage and an unresolved trustee-list difference
| Topic | What the public documents establish |
|---|---|
| Scope and timing | The trust explanation covers client cash plus relevant realised/unrealised P&L and swaps or holding fees; confirmed funds move into trust the next business day.Source 38 |
| Return if the broker fails | An external beneficiary representative distributes available trust assets; errors or shortfalls can prevent full recovery. Market losses are not insured by this arrangement.Source 38 |
| Named trustees | The System service outline names MUFG Trust, SBI Clearing Trust, SMBC and Nisshokin Trust. The dedicated trust explanation describes only the first three; confirm the current allocation for the relevant product.Source 21Source 38 |
| Coin scope | The dedicated trust explanation identifies SBI Clearing Trust for crypto-CFD client assets.Source 38 |
At a glance28
Japanese individual tax treatment needs product and year context
| Scope | Published guidance |
|---|---|
| FX, System and Options | The broker describes 20.315% separate assessment, with qualifying loss offset and three-year carry-forward subject to filing conditions.Source 39 |
| Minna Coin | The broker’s crypto guide describes aggregate miscellaneous-income taxation and no loss carry-forward, but labels its explanation as of November 2021.Source 40 |
| FY2026 crypto reform | The Ministry of Finance outline includes specified crypto derivatives in a future separate-assessment framework, with application tied to the year after the revised Financial Instruments and Exchange Act takes effect.Source 41 |
The practical tax boundary is the applicable product and tax year. Do not assume a later crypto reform, a domestic FX guide or a broker’s dated explanatory page establishes the treatment of an individual Coin transaction. The reform’s commencement conditions must be checked before applying it.[41][40]
For operational help, the company lists Minna FX at 0120-637-104 and LIGHT FX at 0120-637-105. The System Trader manual gives [email protected] and weekday reception 08:00–18:00 JST. These are customer-service routes, not evidence of a telephone-order service.[1][24]
Company background & evidence
Sections ↑- Headquarters
- Tokyo, Japan
- Founded
- 2006
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
トレイダーズ証券株式会社
JapanSource 1
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Services Agency関東財務局長（金商）第123号 | Authorised | Checked 10 Oct 2026Named firm in the current published register.Source 42 |
Sources & further reading
- Corporate identity, ownership and predecessor history Traders Securities · Accessed 10 Oct 2026
- Current Minna product lineup Traders Securities · Accessed 10 Oct 2026
- Minna FX units, exposure limits and trading rules Traders Securities · Accessed 10 Oct 2026
- LIGHT FX units, exposure limits and operating schedule Traders Securities · Accessed 10 Oct 2026
- Normal and LIGHT symbols are distinct trading instruments Traders Securities · Accessed 10 Oct 2026
- Minna FX advertised spread timetable, October 2026 Traders Securities · Accessed 10 Oct 2026
- LIGHT FX advertised spread timetable, October 2026 Traders Securities · Accessed 10 Oct 2026
- Minna FX closeout threshold and real-time required margin Traders Securities · Accessed 10 Oct 2026
- Minna System margin and liquidation Traders Securities · Accessed 10 Oct 2026
- Slippage tolerance and execution trade-off Traders Securities · Accessed 10 Oct 2026
- FX swap allocation and rounding Traders Securities · Accessed 10 Oct 2026
- Receiving swaps without closing currency positions Traders Securities · Accessed 10 Oct 2026
- Why swap realisation does not improve the margin ratio Traders Securities · Accessed 10 Oct 2026
- Suspended RUB/JPY new-order acceptance Traders Securities · Accessed 10 Oct 2026
- Minna FX/System contractual eligibility, liabilities and account separation Traders Securities · Accessed 10 Oct 2026
- LIGHT FX contractual opening and account conditions Traders Securities · Accessed 10 Oct 2026
- Opening FX, System and Options accounts Traders Securities · Accessed 10 Oct 2026
- Minna funding, withdrawals and internal ledgers Traders Securities · Accessed 10 Oct 2026
- LIGHT FX bank-funding identification and withdrawal procedure Traders Securities · Accessed 10 Oct 2026
- Minna FX and LIGHT FX cannot directly transfer balances Traders Securities · Accessed 10 Oct 2026
- System service rules, fees and position limits Traders Securities · Accessed 10 Oct 2026
- Program and trader strategy types Traders Securities · Accessed 10 Oct 2026
- Current quantity-based orders and legacy amount settings Traders Securities · Accessed 10 Oct 2026
- System Trader operating manual and stop-control semantics Traders Securities · Accessed 10 Oct 2026
- Minna Options ladder contracts, strike outcomes and size limits Traders Securities · Accessed 10 Oct 2026
- Binary-option trading duration Traders Securities · Accessed 10 Oct 2026
- Minna Coin contracts, leverage and normal trading hours Traders Securities · Accessed 10 Oct 2026
- Crypto CFD overnight holding charges and rounding Traders Securities · Accessed 10 Oct 2026
- Crypto CFD sequential loss-cut rule Traders Securities · Accessed 10 Oct 2026
- Minna Coin contractual disclosure, revised 30 May 2026 Traders Securities · Accessed 10 Oct 2026
- Minna FX browser, mobile and demo tools Traders Securities · Accessed 10 Oct 2026
- Embedded TradingView chart facilities Traders Securities · Accessed 10 Oct 2026
- System Trader browser and app access Traders Securities · Accessed 10 Oct 2026
- Current Options Trader browser access Traders Securities · Accessed 10 Oct 2026
- LIGHT FX Simple Trader, Advanced Trader and app Traders Securities · Accessed 10 Oct 2026
- 7 October 2026 notice of future passkey-related restrictions Traders Securities · Accessed 10 Oct 2026
- LIGHT FX Coin termination notice, fourth update Traders Securities · Accessed 10 Oct 2026
- Minna trust scope, reconciliation and return-of-assets process Traders Securities · Accessed 10 Oct 2026
- Japanese individual FX and derivatives tax guide Traders Securities · Accessed 10 Oct 2026
- Broker’s dated crypto CFD tax explainer Traders Securities · Accessed 10 Oct 2026
- FY2026 tax-reform outline: crypto derivatives and contingent application dates Ministry of Finance, Japan · Accessed 10 Oct 2026
- Financial-instruments business register, 31 August 2026 Financial Services Agency · 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.