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Shin Forex broker specializes in providing foreign exchange trading services, the company's official website http://shin-sec-saka..., the company's legitimate regulatory information JapanFSARetail Forex License to enhance the security of the company's address 石川県金沢市駅西本町1丁目11番24号

Shin Forex Broker

Basic Information

Registered Region
Japan
Operating Period
--
Company Name
Shin Securities Sakamoto inc.
Abbreviation
Shin
Company employee
--
Contact Number
+810762228088
Company address
石川県金沢市駅西本町1丁目11番24号
Keywords
15-20 years
Regulated in Japan
Retail Forex License
Suspicious Scope of Business
Medium potential risk

Company profile

Shin Review SummaryRegistered On15-20 yearsRegistered Country/RegionJapanRegulationFSAMarket InstrumentsStocks, Investment trusts, BondsDemo Account/Customer Support076-222-80880120-739-6790120-660-544Shin Information Shin Securities Sakamoto is a Japanese securities firm specializing in novice investors. Headquartered in Kanazawa, the company offers low fees (e.g., free domestic stock purchases for those under 50), tax-exempt NISA accounts, and diverse products such as stocks and bonds. It is regulated by Japan's Financial Services Agency (FSA), though it lacks an online platform and overseas coverage.Pros and ConsPros Cons RegulatedNo online trading platformLow commission feesUnclear fee informationFree investment consultationLow overseas market coverageAvailable NISA tax-exempt accountDiverse product servicesIs Shin Legit? Shin is regulated by the FSA with a license number: Director of the Hokuriku Regional Taxation Bureau (Kinsho) No. 5. It has a relatively high level of security.What Can I Trade on Shin?Tradable Instruments Supported Stocks✔Investment trusts✔Bonds✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account TypeAccount TypeMain FunctionsSecurities Comprehensive AccountA basic trading account that supports the buying and selling of stocks, investment trusts, and bonds. Funds are automatically transferred to the “Nomura MRF” money market fund to earn interest.Specific Account1. With withholding tax: The securities company withholds taxes, eliminating the need for individual declaration.2. Without withholding tax: Requires self-declaration of taxes.NISA AccountA tax-exempt exclusive investment account requiring review by the tax office (approximately 2 weeks).

Rating Index

How to login to Shin?
SHIN Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a SHIN Account Registering for a SHIN account is the first step towards accessing its services. Follow these detailed steps to complete the registration process effe

  

Shin Forex Broker - Complete Information Guide

  

1. Broker Overview

  Shin Securities Sakamoto Inc., commonly referred to as Shin broker, is a well-established Japanese securities firm founded in January 1890. With over 134 years of experience in the financial industry, Shin has built a robust reputation for stability and reliability. The company is headquartered in Kanazawa City, Ishikawa Prefecture, Japan, specifically at 1-11-24 Ekinishi Honmachi.

  As a private entity, Shin serves a diverse clientele, including retail investors and institutional clients, providing a wide array of financial services. The broker has undergone various transformations throughout its history, including name changes and mergers, ultimately adopting its current name in 2004. This evolution reflects its commitment to adapting to the dynamic financial landscape.

  Shin operates primarily in the retail forex market, offering services that encompass domestic and foreign stocks, investment trusts, securities trading, and more. Its long-standing history highlights its expertise and dedication to serving clients effectively.

  

2. Regulatory and Compliance Information

  Shin broker is regulated by the Financial Services Agency (FSA) of Japan, which is responsible for overseeing financial service providers, including forex brokers. The broker holds a retail forex license with the regulatory number Hokuriku Finance Bureau Director (Kinsho) No. 5. This license ensures that Shin adheres to strict compliance measures designed to protect investors and maintain market integrity.

  The regulatory framework under which Shin operates mandates the segregation of client funds to enhance security. Furthermore, the broker participates in investor compensation schemes, which provide an additional layer of protection for clients in case of insolvency.

  Shin implements comprehensive Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, ensuring that all clients undergo thorough identity verification to mitigate risks associated with financial crimes. These measures reinforce Shin's commitment to maintaining a transparent and secure trading environment.

  

3. Trading Products and Services

  Shin broker offers a diverse range of trading products, catering to various investor needs. The broker provides access to a substantial number of forex currency pairs, including major, minor, and exotic pairs, allowing clients to engage in comprehensive forex trading.

  In addition to forex, Shin offers Contracts for Difference (CFD) on various asset classes, including indices, commodities, and stocks. This extensive product range enables clients to diversify their portfolios effectively.

  Shin also provides specialized services such as investment trusts and NISA (Nippon Individual Savings Account) accounts, which offer tax advantages for individual investors. The broker is committed to regularly updating its product offerings to meet market demands, although specific details on new product introductions are not publicly available.

  For retail clients, Shin broker facilitates a user-friendly trading experience, while institutional clients can benefit from tailored services designed to meet their unique trading requirements.

  

4. Trading Platforms and Technology

  Shin broker does not currently support popular trading platforms like MetaTrader 4 or MetaTrader 5. Instead, the broker has developed its proprietary trading platform, which is designed to provide a seamless trading experience for clients. Although specific details about the platform's features and functionalities are not disclosed, it is designed to cater to both novice and experienced traders.

  In addition to the proprietary platform, Shin offers a web-based trading platform that allows clients to trade directly from their browsers without the need for downloads. This convenience enhances accessibility for traders on the go.

  Mobile trading is also supported, with applications available for both iOS and Android devices, ensuring that clients can manage their investments anytime, anywhere.

  Shin employs a Straight Through Processing (STP) execution model, which facilitates fast and efficient trade execution. The broker's servers are located in Japan, providing low latency and high reliability for trading operations. Additionally, API access is available for clients interested in automated trading solutions.

  

5. Account Types and Trading Conditions

  Shin broker offers several account types to cater to different trading preferences and strategies. The primary account type is the General Securities Account, which allows investors to trade a variety of financial instruments based on their individual strategies.

  For clients seeking more specialized services, Shin provides Specific Accounts, which are designed to simplify tax reporting for investors with higher trading activity. Additionally, the broker offers NISA Accounts, which provide tax benefits for long-term investments.

  While specific details regarding minimum deposit requirements, spreads, and commissions are not publicly available, Shin aims to provide competitive trading conditions to attract a broad range of investors.

  The broker's leverage offerings are not explicitly stated, but clients are encouraged to inquire directly for details. Furthermore, Shin has a policy regarding overnight fees, which are typically applied to positions held beyond the trading day.

  

6. Fund Management

  Shin broker supports various deposit methods, including bank transfers, credit cards, and e-wallets, providing clients with flexibility in funding their accounts. The minimum deposit requirements may vary depending on the account type, although specific figures are not disclosed.

  Deposits are processed promptly, with most transactions completed within a short timeframe. However, detailed information on deposit fees is not available, and clients are advised to check with the broker for any applicable charges.

  Withdrawal methods are also varied, allowing clients to access their funds conveniently. The processing time for withdrawals typically aligns with industry standards, although specific timelines are not publicly available.

  Shin broker maintains a transparent fee structure, but detailed information regarding withdrawal fees is not disclosed. Clients should verify these details directly with the broker to ensure clarity on potential charges.

  

7. Customer Support and Educational Resources

  Shin broker provides multiple customer support channels, including telephone, email, and online chat options. The support team is available during business hours, but specific service hours may vary, so clients should confirm the times applicable to their needs.

  The broker offers support in Japanese and potentially other languages, catering to a diverse client base.

  In terms of educational resources, Shin provides a range of materials, including webinars, tutorials, and e-books designed to enhance clients' trading knowledge and skills. The broker also offers market analysis services, including daily updates, news, and research reports to keep clients informed about market trends.

  Additionally, Shin broker provides various trading tools, such as calculators and economic calendars, to assist clients in making informed trading decisions.

  

8. Regional Coverage and Restrictions

  Shin broker primarily serves clients in Japan, with its operations focused on the domestic market. The broker's regional offices are located in Kanazawa City, ensuring accessibility for local clients.

  However, Shin does impose restrictions on certain countries and regions. Clients from countries with strict financial regulations or where Shin lacks the necessary licenses may not be accepted. Specific details regarding these restrictions are not publicly available, so potential clients should inquire directly with the broker.

  Overall, Shin broker's commitment to compliance and regulatory adherence positions it as a reliable option for investors looking to engage in the Japanese financial markets.

  In conclusion, Shin Securities Sakamoto Inc. stands as a reputable player in the financial industry, offering a comprehensive suite of services and products tailored to meet the diverse needs of its clients. With a long history and regulatory backing, Shin broker continues to evolve, adapting to the changing landscape of the financial markets while prioritizing client security and satisfaction.

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Latest Reviews

neto junior

neto junior

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On July 22, 2024, through a Facebook post, I contacted the number +221 77 059 1468, which is named Jessica on WhatsApp. She provided me with information about an online job at a company called ZipRecruiter Mall. For my registration, I was sent the following link: https://work-marketing.vip. I registered with my phone number and a code provided by them, which is HR948Q. Later, they informed me that the work is done via Telegram in conjunction with the website, and they gave me a contact person, the receptionist Valeria, who responds on Telegram under the name @ValeriaZM_SHEIN412. The link to track her is https://t.me/ValeriaZM_SHEIN412. She tells you to join the work team to complete the SHEIN mission, saying that you will earn commissions through clicks. She provides you with the contacts of the entrepreneurs to deposit the amount of money determined by this supposed company. I lost a total of 97,930.

Exposure

2024-08-01

Nicol6621

Nicol6621

Dominica

Hello, on Instagram I found a publication to earn money through the free market, Ibey, etc. Then I went to WSP and they explained it to me. Then they gave me a Telegram contact for the process that consists of completing tasks. Then the amount went up several times. I kept depositing until they asked for a very high one. and I said no, I wanted what I invested, I don't care about the commission, and he said no, I should finish, so I have more than $30,000 held there. Please help me, there are the names of the people from whom I made the deposit and everything.

Exposure

2024-03-22

Shin Forex Broker has an overall rating of 7.98, Regulatory Index 7.83, License Index 7.83, Business Index 8.89, Software Index 7.05 Risk Control Index 8.90.