Review summary
Shogun Markets is a Japan-based broker with an operational history of 1-2 years. It offers a tiered account structure with minimum deposits ranging from $5,000 (Bronze) to $250,000 (Diamond), and leverage up to 1:400 across most accounts. The broker supports scalping, hedging, and EA trading. However, according to WikiFX assessment, Shogun Markets holds no valid authoritative forex trading licenses, indicating a lack of regulatory oversight. The broker's overall WikiFX score is 1.20 out of 10, reflecting significant concerns regarding its regulatory standing. Prospective traders should exercise caution due to the absence of a recognized financial regulatory framework. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-14)
