English

Johnan Shinkin foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.jsbank.co.jp/, about the company's legal and temporary regulatory information, the company's address 東京都品川区西五反田7－2－3.

Johnan Shinkin Forex Broker

Basic Information

Registered Region

Japan

Operating Period

Company Name

The Johnan Shinkin Bank.

Abbreviation

Johnan Shinkin

Company employee

Company Website

https://www.jsbank.co.jp/

Company address

東京都品川区西五反田7－2－3

Keywords

5-10 years

Suspicious Regulatory License

High potential risk

Company profile

Johnan Shinkin Review Summary Company Name The Johnan Shinkin Bank Founded 1945 Registered Country/Region Japan Regulation No Regulation Services Personal Internet Banking, Borrow, Deposit and Insurance Fees ATM Usage Fees, Transfer Fees, Foreign Remittance Related Fees, Collection Fees, Safe Deposit Box Fees, Cash Deposit/Withdrawal Fees, Exchange Fees, and their Fees Customer Support Tel: 0120-753-012/0120-921-311 Company Address 7-2-3 Nishigotanda, Shinagawa-ku, Tokyo What is Johnan Shinkin？ The Johnan Shinkin Bank, established in 1945, is regulated and based in Japan, and offers a comprehensive range of financial services to both individuals and enterprises. The bank caters to individual customers through services such as personal Internet banking, providing a convenient and accessible platform for online financial management. In addition to internet banking, Johnan Shinkin offers deposit services, allowing customers to securely store their funds, along with borrowing facilities for those seeking financial assistance. The bank also extends its services to include insurance products, providing a holistic approach to financial well-being. Pros & Cons Pros Cons Experienced Company No Regulation Comprehensive Financial Services Multiple Fees Are Charged Large-scale Company Engage in Social Contribution Activities Pros: Experienced Company: Johnan Shinkin Bank boasts a long history since its establishment in 1945, indicating a wealth of experience and stability in the financial industry. Comprehensive Financial Services: The bank provides a wide range of financial services, covering banking, deposit services for wealth accumulation, borrowing facilities, and insurance products. This comprehensive offering allows customers to address various financial needs within a single institution. Large-scale Company: Being a large-scale financial institution, Johnan Shinkin Bank has more resources and infrastructure to cater to a diverse clientele and offer a robust set of services. Cons: No Regulation: A notable drawback is the lack of specific regulatory oversight. The absence of regulation raises concerns about adherence to industry standards and customer protection measures. Multiple Fees Are Charged: The bank imposes various fees on its services, including ATM usage fees, transfer fees, foreign remittance-related fees, collection fees, safe deposit box fees, cash deposit/withdrawal fees, and exchange fees. The existence of multiple fees increases the overall cost for customers. Engage in Social Contribution Activities: The bank actively participates in social contribution activities, such as supporting education for students and community-based contribution activities. This commitment to social responsibility can be seen as a positive aspect of the bank's fames and operations. Is Johnan Shinkin Safe or Scam？ Regulatory Sight: Johnan Shinkin Bank operates without specific regulatory oversight, and as per the available information, it does not hold a regulatory license. The absence of regulatory recognition means that the bank is not subject to formal regulations and standards imposed by financial 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. Services Johnan Shinkin Bank offers a range of financial services to both individuals and enterprises. For individual customers, the bank provides the following services: Personal Internet Banking: Johnan Shinkin Bank offers online banking services, allowing customers to manage their accounts, conduct transactions, and access various banking services through a secure online platform. Deposit Services: The bank provides deposit services, offering customers the opportunity to save and increase their wealth through various deposit products. These include savings, pension accounts with benefits, term deposits, and so on. Borrowing Services: Johnan Shinkin Bank offers borrowing services, including housing loans, education loans, and other types of loans. Customers can access financial support for various purposes, such as home purchases, education expenses, and more. Insurance Services: The bank offers insurance products covering different aspects of individuals' lives. This includes whole life insurance, term insurance, educational insurance, medical insurance, and personal pension insurance. These insurance products provide financial protection and security against various risks. Fees Multiple fees are charged by Johnan Shinkin. Generally, these include: ATM Usage Fees: Customers may be charged fees for using ATMs, especially if they use ATMs outside the bank's network. Transfer Fees: Fees are applicable when customers make fund transfers, either within the bank or to external accounts. Foreign Remittance Related Fees: When customers engage in foreign remittances or international money transfers, the bank may charge fees associated with these transactions. Collection Fees: Fees are levied for services related to the collection of checks, bills, or other financial instruments. Safe Deposit Box Fees: If customers use safe deposit boxes provided by the bank for storing valuables, there could be associated rental fees. Cash Deposit/Withdrawal Fees: Depending on the type and frequency of cash transactions, fees for depositing or withdrawing cash can incur. Exchange Fees: Fees are applied when customers exchange currencies, especially if they are involved in foreign currency transactions. Customer Support General Inquiries (Various): Telephone: 0120-753-012 Reception Hours: Weekdays 9:00-17:00 Availability: Unavailable on Saturdays, Sundays, and holidays. Calls are free. Customer Counseling Department (Main Store): Telephone: 03-3493-8111 (Main) Reception Hours: Weekdays 8:30-17:00 Internet Banking Operations for Individuals and Businesses: Telephone: 0120-921-311 Reception Hours: Weekdays: 9:00-22:00; Saturdays, Sundays, and holidays: 9:00-17:00 Company Address: Address: 7-2-3 Nishigotanda, Shinagawa-ku, Tokyo Customers can contact Johnan Shinkin's customer support for a range of inquiries, including general questions, internet banking operations, and other banking-related matters. The availability of extended hours for Internet banking inquiries accommodates the diverse needs of customers. Additionally, the main store's Customer Counseling Department provides support during weekday business hours. The provision of free calls for general inquiries enhances accessibility for customers seeking assistance during regular business hours. Conclusion Johnan Shinkin Bank stands out as an experienced and large-scale financial institution offering a comprehensive suite of financial services to both individuals and enterprises. What's more, the bank actively engages in social contribution activities, reflecting a commitment to community well-being. However, customers should be mindful of the various fees charged by the bank and the non-regulated status of this company. Frequently Asked Questions (FAQs) Q: Is Johnan Shinkin regulated by any financial authority？ A: No, Johnan Shinkin operates without specific regulatory oversight. Q: Can I visit Johnan Shinkin physically？ A: Yes, the headquarter of Johnan Shinkin is located at 7-2-3 Nishigotanda, Shinagawa-ku, Tokyo. You can visit the official website if you would like to check the branches and other departments of this company. Q: Does Johnan Shinkin charge fees for foreign remittances？ A: Yes, foreign remittance-related fees apply when customers engage in international money transfers. Q: Does Johnan Shinkin participate in social contribution activities？ A: Yes, it does play a role in several social contribution activities. 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.

Johnan Shinkin broker review

Is Johnan Shinkin safe or scam

Rating Index

Johnan Shinkin Forex Broker - Complete Information Guide

1. Broker Overview

　　Johnan Shinkin Bank, established in 1945, operates as a community-based credit union headquartered in Tokyo, Japan. This institution primarily serves individual customers and small to medium-sized enterprises by providing a comprehensive range of financial services, including personal internet banking, loans, deposits, and insurance products. Over the years, Johnan Shinkin has developed a strong reputation within the financial sector, characterized by its commitment to customer service and community support.

　　The bank's history is marked by significant milestones, including its founding during the post-war era in Japan, which reflects its resilience and adaptability in a challenging economic landscape. Johnan Shinkin has consistently expanded its service offerings to meet the evolving needs of its clientele, emphasizing personal banking and community engagement.

　　As a private entity, Johnan Shinkin operates independently and is not publicly traded. The bank's business model focuses on retail banking services, catering to individual clients and local businesses, thereby fostering a sense of community and trust among its customers. This approach positions Johnan Shinkin as a prominent player in the Japanese banking sector, making it a noteworthy johnan shinkin broker for those seeking reliable financial services.

2. Regulatory and Compliance Information

　　Johnan Shinkin Bank operates without specific regulatory oversight, which is a critical aspect for potential clients to consider. According to available information, the bank does not hold a regulatory license from any recognized financial authority. This absence of regulation raises concerns regarding adherence to industry standards and customer protection measures.

　　The lack of a regulatory framework means that Johnan Shinkin is not subject to the formal regulations typically imposed by financial regulatory authorities, which could impact investor confidence. Furthermore, there is no documented evidence of customer fund segregation policies or participation in investor compensation schemes, which are essential for safeguarding client assets.

　　In terms of compliance, the bank is expected to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, though specific details on these protocols are not publicly disclosed. This lack of transparency regarding compliance practices may pose risks for potential clients who prioritize security and regulatory adherence when selecting a financial institution. Therefore, it is advisable for clients to exercise caution and conduct thorough research before engaging with Johnan Shinkin as their financial service provider, noting that it operates as a johnan shinkin broker without regulatory backing.

3. Trading Products and Services

　　Johnan Shinkin Bank offers a diverse array of financial products and services, primarily targeting individual customers and small businesses. The bank provides access to various foreign exchange (forex) currency pairs, allowing clients to trade major, minor, and exotic currencies. While the exact number of available currency pairs is not specified, the bank is known for its competitive offerings in the forex market.

　　In addition to forex trading, Johnan Shinkin Bank also facilitates Contracts for Difference (CFDs) across a range of asset classes, including indices, commodities, and stocks. This enables clients to engage in speculative trading and potentially profit from price movements in various financial markets. The inclusion of cryptocurrencies in their offerings has not been confirmed, indicating that clients should verify current product availability directly with the bank.

　　The bank's product offerings are subject to updates, and clients can expect periodic enhancements and new additions to the trading portfolio. Johnan Shinkin primarily focuses on retail trading services, providing individual clients with the tools needed to manage their investments effectively. While institutional services are not explicitly mentioned, the bank's operations suggest a commitment to cater to a broad clientele, reinforcing its position as a johnan shinkin broker committed to customer satisfaction.

4. Trading Platforms and Technology

　　Johnan Shinkin Bank provides its clients with access to trading platforms, though specific details regarding the support for MetaTrader 4 (MT4) or MetaTrader 5 (MT5) are not clearly outlined. The bank may offer a proprietary trading platform designed to meet the needs of its clients, but comprehensive information about its features and functionalities is not available.

　　The bank is expected to have a web-based trading platform, allowing clients to execute trades and manage their accounts conveniently from any internet-enabled device. Additionally, mobile applications for both iOS and Android platforms are likely to be offered, enabling traders to access their accounts and trade on the go.

　　Regarding execution models, the specifics of whether Johnan Shinkin employs Electronic Communication Network (ECN), Straight Through Processing (STP), or Market Making are not disclosed. However, the bank's infrastructure is expected to be robust, with a focus on ensuring efficient trade execution and minimizing latency.

　　Furthermore, the bank may provide clients with API access to facilitate automated trading strategies and integration with third-party applications. This technological support is essential for clients who wish to leverage algorithmic trading and enhance their trading experience as a johnan shinkin broker.

5. Account Types and Trading Conditions

　　Johnan Shinkin Bank offers various account types to cater to the diverse needs of its clients. While specific details about the standard account conditions are not explicitly stated, clients can generally expect competitive minimum deposit requirements, spreads, and commission structures.

　　Advanced account types, such as VIP or professional accounts, may be available for high-volume traders, offering enhanced features and benefits. The availability of specialized accounts, such as Islamic accounts or corporate accounts, has not been confirmed, indicating that potential clients should inquire directly with the bank for tailored solutions.

　　The bank's demo account policy allows clients to practice trading strategies without financial risk, though the specifics of this offering are not detailed. Leverage options are expected to vary across different products, enabling clients to amplify their trading potential while managing risk effectively.

　　Minimum trade sizes and overnight fee policies are also essential considerations for traders, but detailed information on these aspects has not been disclosed. Clients are encouraged to assess the trading conditions and account types available at Johnan Shinkin to determine the best fit for their trading strategies.

6. Fund Management

　　Johnan Shinkin Bank supports various funding methods to facilitate client deposits, including bank transfers, credit cards, and electronic wallets. While the specific minimum deposit requirements for different account types are not provided, clients can expect standard practices common in the industry.

　　The processing time for deposits is typically prompt, allowing clients to fund their accounts quickly and begin trading. However, any associated deposit fees have not been disclosed, and clients should verify this information with the bank to avoid unexpected charges.

　　Withdrawal methods and restrictions are also crucial for clients, but specific details regarding withdrawal processing times and fees are not available. Clients are advised to inquire directly with Johnan Shinkin for comprehensive information on withdrawal policies to ensure a smooth experience.

　　Overall, effective fund management is vital for traders, and Johnan Shinkin Bank aims to provide flexible options for clients to manage their capital efficiently as a johnan shinkin broker.

7. Customer Support and Educational Resources

　　Johnan Shinkin Bank offers multiple customer support channels, including telephone, email, and potentially online chat options. The service hours are typically aligned with standard business hours, though specific details regarding time zone coverage have not been disclosed.

　　The bank is expected to provide support in multiple languages, catering to a diverse clientele. Educational resources are crucial for traders, and Johnan Shinkin may offer various formats, including webinars, tutorials, and eBooks, to enhance client knowledge and trading skills.

　　Market analysis services, such as daily reports, news updates, and research publications, are likely available to assist clients in making informed trading decisions. Additionally, trading tools, including calculators, economic calendars, and signal services, may be provided to support clients in their trading endeavors.

　　The commitment to customer support and educational resources positions Johnan Shinkin as a reliable johnan shinkin broker dedicated to empowering its clients.

8. Regional Coverage and Restrictions

　　Johnan Shinkin Bank primarily serves the Japanese market, with its headquarters located in Tokyo. The bank's regional office distribution is expected to cover major urban areas within Japan to facilitate access for clients.

　　However, it is essential to note that certain countries or regions may be restricted from opening accounts with Johnan Shinkin. Specific details regarding these restrictions have not been provided, and potential clients should verify their eligibility directly with the bank.

　　Understanding regional coverage and limitations is crucial for clients considering Johnan Shinkin as their financial service provider, ensuring compliance with local regulations and policies.

　　In conclusion, Johnan Shinkin Bank stands as a significant player in the financial services sector, offering a range of products and services to individuals and businesses. However, potential clients should carefully consider the bank's regulatory status and conduct thorough research to ensure it aligns with their financial needs and risk tolerance. As a johnan shinkin broker, the bank continues to evolve and adapt to the changing financial landscape, striving to meet the diverse needs of its clientele.

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