No restriction on the broker account. Provide service support by WikiFX
Current data shows that this broker is using Non MT4/5 Software
Fraud platform and already abscond
The customer service of the platform deliberately deleted my WeChat account on December 1st, saying that they had resigned, and then the platform could not be operated at night, and more than 20,000 dollars in my account could not be withdrawn. The customer service and teachers have disappeared now, and I have called the police!
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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.
License Type:Retail Forex License
Regulated in Country/AreaJapan
Regulatory License No.：5010001082560
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :東京都中央区日本橋1-17-6
Phone Number of Licensed Institution :03-3272-2211
Licensed Institution Certified Documents :Annex1
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
General Information & Regulation of Okasan Securities
Okasan Securities Co., Ltd (“Okasan Securities”) is the core company of Japan Okasan Securities Group Co., Ltd., providing multiple trading channels and a range of financial products and services to investors. Okasan Securities holds about 60 branch offices throughout Japan, promoting community based consulting sales, and it has opened representative offices in New York and Shanghai. Okasan Securities currently holds a retail foreign exchange license authorized by the Financial Services Agency of Japan, with license number: 5010001082560.
Market Instruments of Okasan Securities
Okasan Securities offers investors financial products such as stocks, bonds, investment credit, exchange-traded funds, real estate investment trusts, insurance, and Okasan Navi Hybrid. Investors have the flexibility to choose according to their investment needs and risk tolerance machine.
Minimum Deposit of Okasan Securities
The minimum Deposit part is not fully disclosed on Okasan Securities webiste, so it is unknown the precise amount to start trading with this stockbroker.
Leverage of Okasan Securities
Trading leverage related information does not show up on the Okasan Securities website.
Account Types of Okasan Securities
Okasan Securities offers two different types of accounts for investors, branch accounts and correspondence trading accounts. A branch account is a transaction that Okasan Securities conducts at its nationwide sales offices. Investors in this account have access to the full range of services exclusive to Okasan Securities. The correspondence trading account is recommended for customers who do not have a nearby office or who want to collect information and conduct transactions on their own.
Spreads of Okasan Securities
Okasan Securities website lists some currency pairs spreads in Exchange, for example, the spread on USD/JPY around 50 pips, spreads on GBP/JPY around 2 yen, spreads on EUR/JPY around 1 yen, spreads on AUD/JPY around 1 yen.
Fees of Okasan Securities
Okasan Securities' official website shows a clear list of fees, such as those for domestic stocks (shares, ETFs J-REIT): 1.26500% of the contract price for branch accounts, 0.88550% of the transaction price for newsletter trading accounts, and 0.63250% of the transaction price for brokerage fees via online trading for transactions of less than 1 million yen. 0.63250% of the transaction price. Other fees include custodian account management fees, stock certificate transfer fees, margin trading management sessions, foreign securities trading account management fees, name transfer fees, and margin trading rights processing fees.
Trading Platform Available of Okasan Securities
Okasan Securities' online trading allows traders to trade on computers, tablet telegrams, and smartphones. Traders can apply for Okazan Securities online trading via the Internet or using the application form.
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