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Invast Securities ST24 social platform hits 70 000 accounts in Japan

Sep 03 2014
The Japanese broker using the Tradency social trading platform Mirror Trader branded as ST24 registered the 70 000 account since its interception in 2011. 
Invast Securities is a Japanese forex and broker founded in 1960. Recently its board of directors decided to expand abroad and opened office an Australian office in 2013. The Aussie subsidiary is regulated by ASIC.
That move was rather unexpected since Japanese market is more or less isolated with the population happy to use the local brokers (mostly Monex, GMO Click Securities, and Invast) and the brokers happy to provide services to the local residents. The only notable exception is the Japanese subsidiary of
Invast securities offers social trading by means of Tradency's Mirror Trader. The platform goes with name ST24 in Japan. It is quite popular in the Land of the rising sun as proved from the 70 000 account opened. The partnership between Tradency and Invast Securities is of such mutual benefit that recently Invast acquired 15% of Tradency.
Interestingly, it is the Australian office that announces the 70 000 account of ST4 in Japan. The move shows that the company will seek to sell Mirror Trader platform as ST24 outside of Japan. Time will tell whether this a wise move or not. And for the record the 70k account was registered in July.
Click image to enlarge it.
Mr Brendan Gunn, the CEO of the Invast's Australian branch, commented: “ST24 is one of the most exciting Forex platforms to hit the market, providing traders with a simple and intuitive interface to access over 6,000 Forex systems, all from the one login. Now traders of all levels, from beginners to seasoned veterans, are able to follow those who are already actively trading their strategies in the market.”
About Invast Securities Co. LTD
Invast Securities Co. LTD was established in 1960 and is based in Tokyo, Japan. The company offers security services, including FOREX margin trading, OTC foreign exchange market trading, and settlement transactions services. Invast currently accounts for 23 percent, or 41.1 billion yen in securities trading on the Tokyo Financial Exchange (TFX). Invast is a member of the Tokyo Financial Exchange (TFX) and the Osaka Securities Exchange, listed on the JASDAQ market. The company holds the largest amount of Forex Margin deposits in the TFX exchange.
Invast provides a flexible choice of platforms including Invast MT4, Invast cTrader, Invast ST24 and Invast ShareTrading, allowing clients to trade Forex, Indices, Commodities, Bonds and Direct ASX Shares.
TAGS: invast  ST24  tradency  social trading  mirror trader 

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