Shikoku Bank Forex Broker

Shikoku Bank Review Summary Founded1996 Registered Country/RegionJapan RegulationNot regulated Market InstrumentsStocks, Bonds, Investment Trusts, Fund Wrap, NISA Demo Account❌ Leverage/ Spread/ Trading PlatformPersonal and Corporate Internet Banking platforms Min Deposit/ Customer SupportPhone: 088-823-2111 (Main Office, Weekdays 9:00-17:00)Shikoku Bank Information Established in 1996 in Japan, Shikoku Bank provides stocks, bonds, investment trusts, fund wrap services, and NISA among other financial products. Although it is not under control by any acknowledged financial authority, it mostly serves needs of individual and business banking.Pros and Cons Pros Cons Comprehensive range of banking and investment productsNot regulated Provides tailored account types for individuals and corporatesNo demo or leverage-based trading options Online banking services availableIs Shikoku Bank Legit? Under no acknowledged financial regulating body, Shikoku Bank is not governed in Japan, its registered nation. Moreover, it does not have licenses from renowned companies all around, such ASIC (Australia) or the FCA (UK).What Can I Trade on Shikoku Bank? Shikoku Bank provides a large spectrum of financial goods and services catered for both normal banking customers and investors. These comprise equities, bonds, market analysis, and investment management tools. Product/ServiceSupported Stocks✔ Bonds✔ Investment Trusts✔ Fund Wrap✔ NISA✔Account Types Shikoku Bank offers three account types: Individual Accounts for personal banking and investments, Corporate Accounts for business-focused services, and Corporate/IR Accounts for asset management and investor relations. Demo and Islamic accounts are not available.Shikoku Bank Fees Depending on the kind of transaction, Shikoku Bank provides a range of services with related costs. Bank Transfer Fees MethodTo Shikoku Bank (Below ¥30,000 / Above ¥30,000)To Other Banks (Below ¥30,000 / Above ¥30,000) Window¥330 / ¥550¥605 / ¥770 ATM (Our Bank Card)¥110 / ¥330¥385 / ¥550 ATM (Other Bank Card)¥220 / ¥440¥495 / ¥660 Internet BankingFree / Free¥275 / ¥330 Collection Fees ServiceWithin Same StoreWithin Head Office/BranchTo Other Banks Check CollectionFree￥440￥660 Bill Collection￥660￥660￥660 Individual CollectionN/A￥1,650￥1,650 Currency Exchange Fees Number of BillsFee ~50 billsFree 51-100 bills￥550 101-500 bills￥825 501-1,000 bills￥1,100 1,001+ billsAdditional ¥550 per 500 bills Safe Deposit Box Fees TypeDimensions (mm)Annual Fee No. 163x246x382￥11,220 No. 284x246x382￥14,960 No. 3120x252x452￥16,830 No. 4138x246x382￥18,700 No. 5187x246x382￥26,180 No. 6287x246x382￥29,920 Manual Safe Deposit Box272x578x493￥37,400 Other Fees ServiceFee Remittance Check (Our Bank)￥550 Remittance Check (Other Bank)￥880 Deposit Book Issuance Fee￥2,200 Loan Certificate Issuance￥11,000 Account Opening Fee￥11,000