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    Shin

    • Japan Japan
    • 10-15 years
    • Regulated in Japan
    • Retail Forex License
    • Non MT4/5 Software
    • Suspicious Scope of Business
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    • 0762228088
    • --
    • --
    • --
    • 石川県金沢市駅西本町1丁目11番24号
    VPS Standard

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

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    Broker Information

    Company Name

    Shin Securities Sakamoto inc.

    Phone of the company

    0762228088

    Customer Service Email Address

    --

    Company address

    石川県金沢市駅西本町1丁目11番24号

    Pyramid scheme complaint
    Expose
    WikiFX Risk Alerts 1
    2022.05.28

    Current data shows that this broker is using Non MT4/5 Software

    • Marketing Strategy
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    Delivery Index

    Mkt. Analysis

    Material

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    Shin

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    Financial Services Agency

    Financial Services Agency (FSA)

    The Financial Services Agency (FSA) oversees all financial services providers, including Forex brokers, in Japan. The ultimate aim of Japan's FSA is to maintain the country’s financial system and ensure its stability. It is also responsible for protecting security investors, insurance policyholders, and depositors. It achieves its aims in a number of different ways including planning and policy making, supervising financial services providers, overseeing securities transactions, and inspecting financial institutions in the private sector. When the FSA was first created it was merely an administrative body. However, its responsibilities were widened in 2001 when it became the external representative of the Cabinet Office of Japan. It took over the responsibilities of the Financial Reconstruction Committee, and also took over responsibility for failed financial institutions.Today, the FSA Japan is held accountable to the Japanese Minister of Finance and enjoys a wide scope of responsibility.

    • Licensed Institution :

      株式会社しん証券さかもと

      Effective Date :

      2007-09-30
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      石川県金沢市駅西本町1丁目11番24号

      Phone Number of Licensed Institution :

      0762228088
    • Licensed Institution Certified Documents :

      Annex1

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    Shin

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    Shin
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

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    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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    Shin · Company summary

      General Information of Shin Securities

      Shin Securities Sakamoto Inc. was first established in January 1890, changed its name to Sakamoto Securities in April 1945, and obtained a securities license under the transfer system in 1968. In 1998, the company obtained securities registration, and in 2009, it merged with Arakamachi Securities Co., and in 2004, this company changed its name to Shin Securities Sakamoto Inc. Shin Securities is currently regulated by the Financial Services Agency of Japan and holds a retail foreign exchange license authorized by the Agency under regulatory number 3220001002994.

      Minimum Deposit of Shin Securities

      There are seems on minimum deposit limitation on opening an account, which sounds great for invetors to get started.

      Leverage of Shin Securities

      There is no leverage informtion announced on Shin website, so it is unsure whether stock trading can apply the trading leverage.

      Spreads of Shin Securities

      Shin Securities, as a stockbroker, does not provides any spreads related information on its official website.

      Main Businesses

      Shin Securities' main business includes securities trading, stock index options trading, as well as brokerage, Agency, solicitation or sale of securities processing, receipt or payment of securities investment trust beneficiary certificates, redemption, and partial cancellation.

      Account Opening Items of Shin Securities

      When opening an account with Shin Securities, investors can open both a general securities account and a “specific account” (an account that allows customers to easily file tax returns) and a “NISA account” (which can be obtained by trading stocks and investment trusts). Shin Securities does not have a minimum capital requirement for opening an account, so investors can deposit a small amount of money upfront.

      Fees of Shin Securities

      When buying or selling domestic stocks (including domestic REITs and domestic ETFs), the maximum fee is 1,2650% of the contract price if the commission amount is 2,750 (including tax) yen or less, and only the purchase price if the stock is purchased through an issue, etc. When buying or selling foreign stocks, a maximum fee of 1.3915% of the transaction value will be charged (if the fee less than 5,500 yen, 5,500 yen will be charged), and if the stock is purchased through an issue, etc., only the purchase price is required. Investment trusts will be charged an application fee (some investment trusts will be redeemed), and investors will be charged trust fees during the period the investment trust is held.

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