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How much do you need to deposit at a minimum to start a live trading account with Ando Securities?

Broker Issues
Ando Securities
Deposit
Withdrawal
02-12
United States
WikiFX
Reply

In my experience as a trader evaluating Ando Securities, the minimum deposit required to start a live trading account depends on how you plan to interact with the company. For online trading, the minimum deposit is 300,000 yen. If you prefer face-to-face transactions, the threshold rises significantly to 1 million yen. I find these amounts comparatively high when measured against most global or online-oriented brokers, which sometimes allow much lower entry points. The rationale for this may stem from Ando Securities’ focus on traditional, regulated Japanese market practices and the provision of a wider array of products beyond just forex trading. From a risk management perspective, such a high barrier may filter for more committed or well-capitalized clients, which might provide some stability to the firm’s client base. However, for individual traders like myself, especially those just starting out or seeking flexibility, this high minimum makes Ando Securities more suitable for seasoned investors or those looking to invest with significant capital. Additionally, the platform does not offer forex trading or other highly leveraged products common elsewhere, which is important for anyone considering minimum deposit requirements as part of their trading strategy. Overall, when assessing any broker, I always weigh such requirements carefully against my needs and risk tolerance.

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