Ichiyoshi Securities Forex Broker

What Is Ichiyoshi Securities？

　　Ichiyoshi Securities Co., Ltd. is a well-established securities company founded in August 1950 in Japan. Regulated by the Financial Services Agency (FSA), it boasts a network of 50 branches across Japan, offering a wide range of financial services and investment opportunities to its clients.

Pros & Cons

Pros:

• 　　Established in 1950: With over seven decades of experience, Ichiyoshi Securities brings a wealth of expertise and stability to its clients, instilling confidence in its reliability and longevity in the industry.

• 　　Regulated by FSA: While regulatory oversight is generally seen as a positive factor in the financial industry, being regulated by the Financial Services Agency (FSA) might be considered a con by some traders due to potentially stringent regulatory requirements and compliance burdens imposed by the regulatory body.

Cons:

• 　　Limited Customer Support:Ichiyoshi Securities mainly provides customer support via phone contact, which is very limited, since users have no access to multiple support channels such as email or live chat.

Is Ichiyoshi Securities Safe or Scam？

• 　　Regulatory Sight: Ichiyoshi Securities is regulated by the Financial Services Agency (FSA) of Japan. The company holds a Retail Forex License issued by the FSA, with license number Kanto Finance Bureau Director (Financial Instruments Business) No. 24. This regulatory oversight ensures that Ichiyoshi Securities complies with the financial regulations and standards set forth by the Japanese regulatory authorities.

• 　　User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

• 　　Security Measures: So far we haven't found any information about the security measures for this broker.

Products

• 　　Investment Trusts: Also known as mutual funds, investment trusts allow investors to pool their funds together to invest in a diversified portfolio of assets managed by professional fund managers.

• 　　Stocks: Clients can trade stocks listed on various stock exchanges, providing opportunities for capital appreciation and dividends.

• 　　Bonds: Ichiyoshi Securities offers bonds as part of its product offerings, allowing clients to invest in fixed-income securities issued by governments, municipalities, or corporations.

• 　　Insurance: The company provides insurance products to help clients manage risks and protect their assets, offering various coverage options such as life insurance, health insurance, and more.

• 　　Individual Defined Contribution Pensions (iDeCo): iDeCo is a retirement savings plan available in Japan, and Ichiyoshi Securities facilitates investments in individual defined contribution pensions, allowing clients to save for retirement with tax advantages.

Fees

　　Ichiyoshi Securities charges commissions to clients for providing products and various services during the trading process. Specifically, for stock consignment fees, the commission varies depending on the trading method:

• 　　For trading contracts under 500,000 yen through the stores, the commission (including tax) is 1.4300% of the contract price.

• 　　For trading the same contract price through Ichiyoshi Direct, the commission (including tax) is 0.7150% of the contract price.

Trading Platform

　　Ichiyoshi Member Club serves as the primary interface for clients to manage their accounts, access investment reports, check balance status, view transaction history, and utilize various services offered by Ichiyoshi Securities. It supports tablets and smartphones, providing clients with flexibility and accessibility to their accounts on the go. Additionally, the platform offers an e-delivery service, allowing clients to receive important documents electronically.

Deposit & Withdrawal

Deposit:

• 　　Ichiyoshi Smart Transfer Service: This service is recommended by the company for making deposits. It involves withdrawing the requested amount from a pre-registered deposit account at a financial institution and depositing it into the client's account based on their transfer request. This service is provided free of charge.

• 　　Other Deposit Methods: Clients have the option to deposit funds through other means, but they will be responsible for bearing the transfer fees themselves.

Withdrawal:

• 　　Bank Withdrawals: Clients can withdraw funds from their Ichiyoshi Securities account to banks with which the company cooperates. In such cases, there may be no transfer fees for withdrawals.

• 　　Non-Cooperating Banks: If withdrawing funds from banks not in cooperation with Ichiyoshi Securities, clients will be required to bear their own transfer fees. This also applies to automatic transfers of interest and distributions.

• 　　Fees: Clients need to be aware of any potential fees associated with their chosen withdrawal method and factor them into their decisions.

Customer Support

　　The customer support channels of Ichiyoshi Securities are primarily limited to phone contact. Users can reach out to them by calling the provided telephone number: +81 03-4346-4500. However, other support channels such as email or live chat are not available, resulting in a more restricted means of communication for clients seeking assistance or inquiries.

Conclusion

　　Ichiyoshi Securities offers a comprehensive range of financial products and services to clients in Japan with the regulation under the FSA. However, its limited customer support options can be a drawback for some users.

Frequently Asked Questions (FAQs)

　　Q: What are the commission fees for trading stocks with Ichiyoshi Securities？

　　A: The commission fees for trading stocks vary depending on the trading method. For contracts under 500,000 yen through the stores, the commission is 1.4300% of the contract price. Trading the same contract price through Ichiyoshi Direct incurs a commission of 0.7150% of the contract price.

　　Q: Is Ichiyoshi Securities regulated or not？

　　A: Yes, it is regulated by the FSA.

　　Q: Can I contact them via email？

　　A: No, there is no email address provided on the official website. You can try to call them via +81 03-4346-4500.

Risk Warning

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

　　In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.