EdgeGraph FX: MISA licence BFX2025011

Japan is not on the company's restricted list and the service is plainly built for Japanese clients: the site and sign-up form are in Japanese, accounts are denominated in yen, deposits are taken from Japanese banks and support runs on Japan time. The company holds no Japanese authorisation, so a Japanese resident would be dealing with an offshore entity outside the reach of their own regulator.

The company states it does not serve residents of the United States, North Korea, Australia, Myanmar, Cuba, Sudan, Syria, Malaysia or Iran, and that it does not serve anyone in a jurisdiction where local law prohibits the offering. That restriction is not applied at sign-up: the registration form's country selector offers every one of those jurisdictions alongside the rest of the world, so the published policy and the onboarding form do not match.

52 currency pairs, 15 CFD symbols covering stock indices, energy, copper and a dollar index, five precious metals, and 32 cryptocurrency pairs. The Professional tier is narrower, offering the 52 currency pairs and four CFDs. Note that the company's FAQ and homepage quote different instrument totals from its own instruments and fees page.

MetaTrader 5 only, on Windows, iPhone and Android and through a browser-based WebTrader. MetaTrader 4 is not offered. The company describes execution as no dealing desk with no requotes or rejections.

The company quotes about two to five business days for funds to reach a bank account or wallet. Identity verification must be completed first, withdrawals cannot be made while positions are open, and funds cannot be sent to a third party's account. Bonus credit is not withdrawable at all and can only be used as trading margin.

Deposits are accepted by bank transfer from Japanese banks, by cryptocurrency, and through the PESKA and PayWave channels. Bank transfer costs 1,000 yen below 50,000 yen and is free above it; the rest are free. On the way out, the company states that direct bank transfer withdrawals are currently suspended, leaving PESKA and PayWave at a 1 percent commission and cryptocurrency at 2 percent.

The Micro and Standard accounts charge no trading fee and the Professional account charges USD 6 round turn per lot. Spreads are variable and the company publishes no spread table, pointing clients to the live quotes in MetaTrader 5 instead, so the full cost of a trade cannot be established before opening an account.

Up to 1:1000 on the 52 currency pairs and the five precious metals, and up to 1:100 on the 15 CFD symbols. The Professional tier is capped at 1:500. Cryptocurrency leverage steps down as position size grows, from 1:500 up to 600,000 US dollars of volume, to 1:250, then to 1:50 above 900,000.

1,000 Japanese yen, and it is the same on all three account tiers. Accounts are denominated in yen only. Account opening and maintenance carry no fee.

Nothing found in this review shows EdgeGraph FX to be fraudulent, and nothing found shows it to be safe either. It is a working broker with a real MetaTrader 5 service and unusually detailed published terms. What is missing is verification: the operating company could not be confirmed on any registry, the licence was not confirmed on its authority's register, and the only regulation on offer provides no compensation scheme and no complaints route. Treat it as unverified rather than cleared.

The operating company is EdgeGraph FX Limited, which gives a registered address at Bonovo Road, Fomboni, Island of Mohéli, Comoros Union, and a corporate registration number of HT00225001. The company states it was previously called Cryptograph Limited and was renamed in December 2025. No director, officer or beneficial owner is named anywhere on the site, and neither company name could be confirmed on an official registry during this review.

Only offshore. EdgeGraph FX Limited names a single authorisation, licence BFX2025011 from the Mwali International Services Authority in the Union of the Comoros, running to 17 February 2027. That licence was not confirmed against the authority's own register during this review, so it stands as the company's own claim. There is no authorisation from any onshore regulator.