Company Summary
| GMO Gaika Review Summary | |
| Founded | 2003 |
| Registered Country/Region | Japan |
| Regulation | FSA |
| Market Instruments | Forex and CFD |
| Demo Account | Yes |
| Leverage | Not Mentioned |
| Spread | 0.3 pips on the EUR/USD pair |
| Trading Platform | 外貨ex |
| Min Deposit | 2,000 yen |
| Customer Support | 24/7 Live Chat |
GMO Gaika Information
GMO Gaika, regulated by Japan's FSA, primarily offers Forex and CFD trading on its proprietary “外貨ex” platform, accessible on PC and mobile. Notably, they feature a tight 0.3 pips spread on EUR/USD and offer commission-free trading with a low minimum deposit of around 2,000 yen. While a demo account is available, information on leverage and specific account types is limited.
Pros and Cons
| Pros | Cons |
|
|
|
|
Is GMO Gaika Legit?
GMO Gaika has a Retail Forex License regulated by the Financial Services Agency (FSA) in Japan with a license number of 関東財務局長（金商）第271号.
What Can I Trade on GMO Gaika?
GMO Gaika mainly offers foreign exchange margin trading and CFD trading, covering gasoline, gold spot, and
US Stock NQ100.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFD | ✔ |
| Stock | ❌ |
| Indices | ❌ |
| Cryptocurrency | ❌ |
| Shares | ❌ |
| Metals | ❌ |
Account Type
GMO Gaika offers demo accounts for clients. However, other account types are not mentioned on the website.
GMO Gaika Fees
GMO Gaika offers an EUR/USD spread of 0.3 pips. For other currency pairs, you can check the table.
| Currency Pairs | Spread |
| USD/JPY | 0.2 |
| EUR/JPY | 0.4 |
| EUR/USD | 0.3 |
| AUD/JPY | 0.5 |
| GBP/JPY | 0.9 |
| TRY/JPY | 1.5 |
| MXN/JPY | 0.2 |
| AUD/USD | 0.4 |
Besides, GMO Gaika offers trading with all fees listed being free, including trading fees, account maintenance fees, loss-cut fees, account opening fees, quick deposit fees, and withdrawal fees, all amounting to 0 yen.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| 外貨ex | ✔ | PC and Mobile | Investors of all experience levels |
Deposit and Withdrawal
GMO Gaika charges no deposit or withdrawal fees. The minimum amount to start FX trading is approximately 2,000 yen.
雨萱
Hong Kong
There is no progress about withdrawals and I don't know what the situation is. O'm speechless. It's said that my application for withdraw can be done within 12 hours. But it has benn 12 hours now. Still pending
Exposure
雨萱
Hong Kong
Freeze my funds but the customer service doesn't give me an explanation, they even ignore me. What happened? At lease one reason should be given.
Exposure
雨萱
Hong Kong
Can't contact anyone. This is an illegal platform. Who can help me?
Exposure
FX1037936792
Colombia
At first, I planned to trade with Gaika, because I found that the spread is very low and the leverage is only 1:25. I think the low leverage is due to their stricter regulatory agencies. But after reading about it on wikifx, I'm glad I didn't invest my money, otherwise I would have been scammed already!
Neutral
.89644
Hong Kong
Easy to deposit to this broker but it is **** hard to extract your money from them!the withdrawal threshold is too high, up to 3 million yen!cant believe my eyes!on my gosh!!
Neutral
FX5901624742
Chile
They told me to wait to verify the code for my withdrawal, they did not pay me any money, only one hundred was helpful to me, the service call was closed, and now they don’t let me enter my dashboard
Exposure
Rey
Philippines
I've deposited a lot here. Please help me
Exposure