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GEMFOREX is a Forex broker founded in 2010 and currently operates under the New Zealand Financial Service Providers Register(FSPR). It is an FX broker that develops services mainly in Asian regions such as Japan. Since the content of the site is only partially translated into English, it is a little difficult to use.

The biggest feature of GEMFOREX is that it offers hundreds of Expert Advisors(EA)and mirror trading completely free of charge, and if you open an All-in-One account, which is one of the account types provided by GEMFOREX, you can use these services for free.

A No spread account with small spread is provided as an account exclusively for discretionary trading, and all automatic trading, including the Expert Advisors(EA)provided by GEMFOREX, is prohibited with this account. The disadvantage is that the initial minimum deposit amount is as high as 300,000 yen. However, since there is no transaction fee and the average spread is at the level of USD/JPY 0.3pips and EUR/USD 0.4pips, it offers excellent conditions in terms of transaction costs.

Since it is operated by the Japanese, both services and transaction specifications are mainly for the Japanese. As Forex brokers holding Japanese financial licenses commonly provide spreads of USD/JPY 0.3pips without transaction fees, GEMFOREX also offers equivalent spreads, so terms tend to be more advantageous than those of the Forex companies based overseas.

The disadvantages of GEMFOREX are that the product lineup is small, the maximum trading volume is 30 lots, and when trading more than 10 lots in a short period of time, it is necessary to contact the broker in advance. So it is geared for small volume traders and rather unsuitable for large volume traders.

In terms of support, you can use email and chat support, and it can be said that it is a Forex broker that you can use without worry. The level of convenience is high, such as a quick account opening function that allows you to open an account in just one minute without verifying your identity.

Official Website


  1. Hundreds of EAs and mirror trade tools available for free
  2. Small spreads
  3. High leverage up to 1:1,000


  1. Few CFD products
  2. Withdrawal method is bank transfer only
  3. Many Japanese pages on the official website

Operating Company

Company name:
Head office address:
Level 1, 275 Onehunga Mall, Onehunga, Auckland
Financial license:
New Zealand Financial Service Providers Register(FSPR)
$ 100,000,000(USD)

Customer Service

Website language:

【Asia】Japanese・Simplified Chinese・Traditional Chinese・Korean
【Europe and America】English

Trading platform:
English support:
Email・Support Chat
Business hours:
(Weekdays)10:00 am - 5:00 pm(Japan time)
Email address:
[email protected]
Phone number:

Trading Rules

Roll over:
0:00(Server time)
Margin call:
When the margin maintenance rate falls below 50%
Loss cut:
When the margin maintenance rate falls below 20%
Matched order:
EA restrictions:
【No spread】Not available
Request for additional margin:
None(If the margin becomes negative, zero cut will be performed)
Funds management:
Managed in a segregated bank account
Bankruptcy compensation:
Full deposit compensation is not guaranteed

(*1)Matched orders between multiple accounts are prohibited.

Conditions for Each Account Type

Trading platform:
Brokerage model:
STP method
Spread method:
Variable spreads
Trading account currency:
Japanese Yen・US Dollar
Maximum leverage:
Initial minimum deposit:

【All-in-One】$ 50(USD) 
【No spread】$ 3,000(USD)

Lot size:
100,000 units
Minimum order size:
0.01 lot
Maximum order size:
30 lots
Maximum open orders:
30 lots

【FX/Currency Pair】:42 

Available trading hours:

(Monday)0:10 am - (Friday)11:50 pm(Server time)

Transaction fees:
Account maintenance fee:
Holding multiple accounts:
GMT time difference:
【MT4/MT5】Daylight saving time:+3 hours, Winter time:+2 hours

(*1)CFD/Indices cannot be traded with No spread account.

(*2)CFD/Energy cannot be traded with No spread account.

(*3)Only 1 No spread account per person.

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