TRADE WORKS

What TRADE WORKS does

TRADE WORKS (株式会社トレードワークス / TSE Standard: 3997), founded in November 2012 and headquartered in Akasaka, Tokyo, is a Japanese financial IT solutions company that builds and operates trading systems, authentication platforms, and digital asset infrastructure for securities firms, FX/CFD providers, banks, and other financial institutions. Its core product portfolio includes TradeAgent (internet trading system covering equities, FX, CFD, and crypto assets), TradePower FX/CFD (share-based ASP subscription service for rapid FX/CFD deployment), SpotPath (multi-factor authentication supporting FIDO2/passkey, phone authentication, and Authenticator), toku-chain (Web3 on-chain solution for financial services), and TradeAgent NanoCask (next-generation financial package). The company also operates MetaVillage, a metaverse platform; TradingStudio, a multi-asset chart platform; and SecuAlive alongside next-generation penetration testing services for cybersecurity. Approximately 90% of the workforce are engineers, supporting a Forward Deployed Engineer model that spans planning, development, and deployment.

The business generates revenue through multiple streams: project-based financial system development and integration (securities, FX, banking front/middle/back-office), ASP/subscription services (TradePower FX/CFD, SpotPath), security services (vulnerability diagnostics, penetration testing, audit support), AI-powered investment advisory via subsidiary Trade Advisory Technologies (GPT-Trade), and digital commerce / Web3 services including toku-chain. Distribution is primarily direct enterprise sales to Japanese financial institutions, supplemented by strategic partnerships with systems integrators and data providers including SCSK (joint securities platform, first project at Monex Securities) and Minkabu (combined information x trading model using the Kabutan platform serving approximately 6 million monthly users).

Strategic positioning centers on AI-first and on-chain finance, with explicit moves into generative AI advisory, AI agents for securities DX with Toyo Securities, decentralized data infrastructure via D-DMC (IPFS-based, Oita Prefecture data center with approximately 7,000TB capacity), and tamper-proof evidence infrastructure (LastEvidence). Capital and business partnerships with Tokai Tokyo Financial Holdings, AlpacaDB (US stock white-label), and THXLAB (Web3aaS) extend the company beyond domestic securities into international and adjacent fintech infrastructure. Notable customers span major Japanese securities firms (Daiwa, Monex, Tachibana, Iwai Cosmo, Okasan, SBI VC Trade, Traders, Toyo, Tokai Tokyo, FPG), banks (GMO Aozora Net Bank), FX (Hirose Trading), and crypto exchanges (SBI VC Trade).

Name

TRADE WORKS

Legal name

株式会社トレードワークス

Website

https://tworks.co.jp

Company type

Public

Founded year

2012

Operating status

Operating

Headcount range

101–250 employees

Short description

TRADE WORKS (TSE Standard: 3997) is a Japanese financial IT company that builds trading systems, multi-factor authentication, and Web3/on-chain platforms for securities firms, banks, and FX providers in Japan, operating across TradeAgent, TradePower FX/CFD, SpotPath, and toku-chain product lines.

Ownership category

akta.pro rank

Product category

Financial Technology Software

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (52321), Miscellaneous Intermediation (523910)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Algorithmic Trading & Execution Platforms (FSAFANAN)

akta.pro secondary industries

FX Electronic Trading Platforms (Spot/Forwards/Swaps) (FSAFANAC), Brokerages & On/Off-Ramps (fiat rails, instant buy/sell) (FSAPADAG), Trade Finance Platforms & Digitization (eBL/eDocs, TradeTech, Network Solutions) (FSABAHAL), FX & Spot Metals Brokerage (FSAEACAK)

Keywords

• Financial trading systems
• Multi-factor authentication
• FX CFD platforms
• Web3 financial infrastructure
• AI investment advisory

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Financial System Development & Integration: Custom development and integration services for securities, FX, and banking systems including front-office, middle-office, and transaction-related systems. Revenue from project-based engagements with financial institutions
2. ASP/Subscription Services: Share-based ASP services such as TradePower FX/CFD providing trading systems on subscription basis, enabling financial institutions to deploy systems with low upfront investment
3. Security Services: Cybersecurity products and services including SpotPath multi-factor authentication platform, vulnerability diagnostics (SecuAlive), penetration testing, and cybersecurity audit support
4. Investment Advisory Services: AI-powered investment advisory through subsidiary Trade Advisory Technologies (GPT-Trade) providing trading signals for stocks, FX, and crypto assets
5. Digital Commerce & Web3: E-commerce platforms, metaverse solutions, and Web3 services including toku-chain for financial institutions and digital commerce solutions

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

TRADE WORKS develops and operates internet trading systems, FX/CFD trading platforms, and cybersecurity/multi-factor authentication services for Japanese financial institutions, alongside a Web3 on-chain platform (toku-chain) and an AI-powered investment advisory service (GPT-Trade) for individual investors. Core revenue comes from custom financial system development, ASP/subscription-based trading infrastructure (TradeAgent, TradePower FX/CFD), the SpotPath MFA platform, and security/penetration testing services.

Product overview

TRADE WORKS (株式会社トレードワークス) is a Japanese financial IT solutions company (TSE Standard: 3997) providing a comprehensive platform of financial technology products across four divisions: Financial Solutions, Digital Commerce, Security, and Work Technology. The core financial solutions portfolio includes TradeAgent (internet trading system for securities/FX/CFD/crypto), TradePower FX/CFD (sharing-type ASP service), and the new SpotPath multi-factor authentication platform. The AI layer is anchored by GPT-Trade (investment advisory via subsidiary TAT) and the toku-chain Web3 platform, which was strengthened by acquiring Minkabu Web3 Wallet. Digital Commerce spans e-commerce platforms, the MetaVillage metaverse platform, and Web3/blockchain solutions. Security offerings include SpotPath MFA, penetration testing, cybersecurity audit support, and SecuAlive vulnerability diagnostics. All divisions are connected through an API platform layer enabling integrations with financial institutions and data partners.

Differentiator

Problem solved

Functional benefit

Products and services

• SpotPath Multi-factor authentication platform for securities companies and financial institutions. Supports passkey/FIDO2, phone authentication, and Authenticator, providing phishing-resistant authentication covering PC, smartphone, and dedicated trading tools via API integration.
• TradeAgent Internet trading system for securities companies covering equities, FX, CFD, and crypto asset trading, with browser-based and installable trading tools, market information, and an API platform for connectivity.
• TradePower FX/CFD Sharing-type FX/CFD trading system ASP service enabling financial institutions to deploy FX/CFD trading systems at low cost and short implementation time via subscription model with customizable front-end and business systems.
• GPT-Trade AI-powered investment advisory service operated by subsidiary Trade Advisory Technologies (TAT) providing trading signals and investment decision support for individual investors across Japanese stocks, US stocks, FX, and crypto assets. Integrates with Kabutan investment information platform.
• toku-chain Web3 on-chain solution platform for financial institutions providing blockchain-based privilege delivery, wallet functionality, and DID/VC capabilities for financial services. Strengthened by acquisition of Minkabu Web3 Wallet.
• MetaVillage Metaverse platform for virtual spaces, events, and engagement. Used for virtual HR recruitment events, government PR metaverse solutions, and educational metaverse applications. Available on iOS App Store and Google Play.
• TradeAgent NanoCask Next-generation financial package under the TradeAgent series designed with connectivity and scalability for financial industry transformation, targeting securities, banking, and FinTech companies.
• Penetration Testing Service Next-generation penetration testing service combining AI-powered analysis with security expert review covering attack scenario design, lateral movement, privilege escalation, and information reachability. Includes executive summary reports for board and regulatory use.
• SecuAlive Web application vulnerability diagnosis tool providing free trial and consultation services for cybersecurity testing with AI-enhanced log analysis.
• TradingStudio Multi-asset chart solution platform covering stocks, FX, CFD, and crypto assets, evolving from chart viewing to analytical platform with AI-based pattern analysis and trend prediction.
• Tsumitate Kabu Stock accumulation investment service enabling periodic investment in Japanese and US individual stocks starting from 1,000 yen, provided to DMM.com Securities.
• Beneficiary Certificate Issuance Trust System Digital complete-type beneficiary certificate issuance trust trading system provided to FPG Securities for handling aircraft fractionalization products.

Quantifiable outcome

• TradePower FX/CFD enables low-cost, rapid FX/CFD system deployment for financial institutions
• +2 more outcomes

Named customers14 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability6 records

Feature8 records

Partnerships

15 partnerships are on record, tiered strategic, major, minor and core.

• DiscoverFeed株式会社 (DiscoverFeed Co., Ltd.)strategicStrategic or Co-development Partner · 1 June 2026IPFS-based decentralized data infrastructure collaboration for D-DMC (Decentralized Data Management Center) concept. TRADE WORKS provides service layer, applications, and operation infrastructure. DiscoverFeed operates data centers.
• THXLAB株式会社majorStrategic or Co-development Partner · 1 March 2026Capital business partnership for Web3 as a Service (Web3aaS) platform THXNET development and deployment. Combines THXLAB's Web3 expertise with TRADE WORKS' financial system capabilities.
• AlpacaDB, Inc.majorStrategic or Co-development Partner · 1 February 2026Business partnership for US stock white-label securities service enabling global expansion of trading systems. Alpaca operates US securities business supporting the partnership.
• 日本デジタル空間経済連盟 (Japan Digital Space Economy Federation)minorOthers · 1 September 2025Special member of the federation promoting digital space economy including metaverse, NFT, and Web3 initiatives.
• CXRエンジニアリング株式会社 (CXR Engineering)strategicTechnology or Integration · 1 May 2025Additional equity acquisition making CXR an equity method affiliate (15.13% stake). Collaboration in cryptocurrency system development and multi-asset strategy acceleration.
• 株式会社トレードアドバイザリーテクノロジーズ (Trade Advisory Technologies)coreOthers · 1 May 2025Wholly-owned subsidiary providing AI-powered investment advisory service GPT-Trade. Originally Minkabu Asset Partners, acquired and renamed. Operates investment advisory for stocks, FX, and crypto assets.
• 株式会社ミンカブWeb3ウォレット (Minkabu Web3 Wallet)coreOthers · 1 May 2025Fully acquired and merged into TRADE WORKS in September 2025. Provides wallet technology and Web3 stack integration strengthening toku-chain platform.
• 金融データ活用推進協会 (FDUA)minorOthers · 1 April 2025Special member promoting AI and data utilization in the financial sector.
• 株式会社IB (Insurance Book)minorStrategic or Co-development Partner · 1 December 2024Capital business partnership for building new insurance/financial industry ecosystem. Integration of IB's insurance簿 app with TRADE WORKS products for embedded insurance services.
• 株式会社ミンカブソリューションサービシーズ (MSS)majorTechnology or Integration · 1 October 2024Joint development of SBI VC Trade app and AdTech collaboration for toku-chain advertising platform with Minkabu Solutions Services.
• 新経済連盟 (New Economy Federation)minorOthers · 1 October 2024Member of Japan's new economy federation supporting innovation and digital transformation.
• SCSK株式会社 (SCSK Corporation)coreStrategic or Co-development Partner · 1 June 2024Capital business partnership for joint securities business system platform. First major project was Monex Securities US stock trading system. SCSK brings system integration capabilities to complement TRADE WORKS' trading system expertise.
• ミンカブ・ジ・Infobox (Minkabu Co., Ltd.)coreStrategic or Co-development Partner · 1 May 2024Capital business partnership since May 2024 combining Minkabu's financial information (株探 platform with ~6M users) with TRADE WORKS' trading systems. Joint development of information x trading model including Thailand expansion and AI-native next-generation financial information infrastructure.
• 三菱総研DCS株式会社 (Mitsubishi Research Institute DCS)minorStrategic or Co-development Partner · 1 April 2024Collaboration for miraicompass education service series, including mirai▸coco smartphone app renewal for educational services.
• 株式会社KeyHolder・株式会社BEAMING (3社協業)minorStrategic or Co-development Partner · 1 October 2023Joint funder project combining KeyHolder's idol/IP management, BEAMING's funder operations, and TRADE WORKS' technology for digital fan engagement platforms.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• SBI Holdings: Major Japanese financial conglomerate operating SBI VC Trade (a Trade Works customer) and broader securities/crypto/asset management businesses; serves as both a key customer and adjacent strategic player in the same Japanese online brokerage and crypto ecosystem.
• NTT Data: Largest Japanese IT services company providing broad financial system modernization, trading platforms, and core banking solutions for major banks, brokerages, and insurance firms; competes for large financial IT modernization deals.
• GMO Internet Group: Japanese internet conglomerate operating GMO Aozora Net Bank and GMO Coin (both Trade Works customers); incumbent in online FX, crypto, and banking with in-house financial IT capabilities that could in-source some Trade Works functionality.
• Fujitsu: Global IT services and financial solutions provider with deep Japanese securities and banking customer base; offers trading platforms, authentication, and financial digital transformation competing directly with Trade Works' portfolio.
• TIS Inc. Major Japanese IT services firm (TSE Prime: 3626) with significant financial services practice covering banking, securities, and insurance system modernization; competes for trading platform and authentication engagements.

Direct peers

• Money Forward: Japanese fintech platform offering financial data aggregation, SMB accounting, and securities services. Adjacent in serving Japanese financial institutions and consumers, with overlapping AI/automation strategy.
• SCSK Corporation: Major Japanese systems integrator (TSE Prime: 9709) and capital partner of Trade Works. Provides financial system integration and securities platform services, with overlapping capabilities in trading system delivery for brokerages and banks.
• Minkabu: Japanese financial information platform operator (TSE Growth: 4436) and capital partner of Trade Works. Operates Kabutan (~6M users) and co-develops information x trading services, making it a direct partner-competitor in Japanese retail investment services.
• Nippon Information (NI Consulting): Japanese fintech focused on securities trading systems, FX platforms, and crypto exchange infrastructure. Directly comparable niche competitor in the same Japanese online brokerage and FX system market.

Others

• CoinPost / WebX organizer: Operator of WebX (Asia's leading Web3 conference where Trade Works is platinum sponsor) and major Japanese crypto media outlet; functions as an industry infrastructure and ecosystem partner rather than direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/tworks_pr
• LinkedInlinkedin.com/company/tworks

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TRADE WORKS