English

Shinkin Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.skam.co...., the company's legitimate regulatory information JapanFSARetail Forex License to enhance the security of the company's address 〒104-0031 東京都中央区京橋3丁目8番1号

Shinkin Forex Broker

Basic Information

Registered Region

Japan

Operating Period

Company Name

Shinkin Asset Management Co., Ltd.

Abbreviation

Shinkin

Company employee

Contact Number

+810120781812

Company Website

https://www.skam.co.jp/

Company Address

〒104-0031 東京都中央区京橋3丁目8番1号

Keywords

15-20 years

Regulated in Japan

Retail Forex License

Medium potential risk

Company profile

Shinkin Basic Information Company Name Shinkin Founded 1990 Headquarters Japan Regulations Regulated by Japan's Financial Services Agency (FSA) Products and Services Investment management, Investment advisory and agency, Second-class financial instruments trading Fund Types Asset mixed type, Domestic stock type, Domestic bond type, Domestic REIT type, Foreign stock type, Foreign bond type Fees Direct fees: Purchase: Up to 3.3%, Redemption: Up to 0.3%Indirect fees: Management: Up to 1.628% annually, Other expenses: Varies Customer Support Address: 〒104-0031 Tokyo, Chuo-ku, Kyobashi 3-8-1Phone: 03-5524-8161 (Main line) Education Resources Investment reports Overview of Shinkin Shinkin, founded in 1990 and headquartered in Japan, is a regulated financial institution under the oversight of Japan's Financial Services Agency (FSA). Offering a comprehensive suite of services including investment management, advisory, and second-class financial instruments trading, Shinkin caters to a diverse clientele. Its range of fund types spans across asset mixed, domestic and foreign stock, bond, and REIT categories, providing options tailored to different investor preferences. With transparent fee structures encompassing direct fees such as purchase and redemption fees, as well as indirect fees like management and other variable expenses, Shinkin ensures clarity in its financial dealings. Customers benefit from accessible customer support channels and educational resources such as investment reports, enhancing their financial knowledge and empowering informed decision-making. Is Shinkin Legit？ Shinkin is subject to regulation by Japan's Financial Services Agency (FSA), a key regulatory body overseeing financial activities in the country. Holding a Retail Forex License, Shinkin is authorized to engage in foreign exchange trading activities aimed at retail clients. This license type signifies compliance with strict regulatory standards set forth by the FSA to ensure the protection of investors and the stability of the financial market. The specific license number, which reads as “Kanto Finance Bureau Director (Kinsho) No. 338,” serves as a unique identifier indicating Shinkin's official recognition by the regulatory authorities in Japan. This regulatory oversight underscores Shinkin's commitment to operating within the legal and regulatory framework established to safeguard the interests of both investors and the broader financial system. Pros and Cons Shinkin's strengths lie in its diverse range of services, transparent fee structure, and regulatory oversight, offering investors a trustworthy platform for financial activities. However, challenges include comparatively high management and direct fees, as well as limited educational resources, which may impact investor satisfaction and engagement. Pros Cons Diverse Range of Services High Management Fees Transparent Fee Structure High Direct Fee Charges Regulatory Oversight Limited Educational Resources Products and Services Shinkin offers investment management, investment advisory and agency services, and second-class financial instruments trading services. Fund types Shinkin offers a range of fund types, including asset mixed, domestic stock, domestic bond, domestic REIT, foreign stock, and foreign bond. Fees Shinkin charges direct fees to customers upon purchase and redemption, capped respectively at 3.3% and 0.3% of the transaction amount. Indirect fees incurred during the holding period include management fees, up to 1.628% annually, and various other expenses related to trust management, borne indirectly by customers from the fund's actual expenses. Customer Support Shinkin's customer support can be reached at 〒104-0031 Tokyo, Chuo-ku, Kyobashi 3-8-1, with the main line number being 03-5524-8161. Educational Resources Shinkin offers investment reports as part of its educational resources, providing valuable insights and analysis to help investors make informed decisions. These reports cover various aspects of investing, contributing to the financial literacy and understanding of clients. Conclusion In conclusion, Shinkin presents itself as a comprehensive financial institution offering a diverse range of services, transparent fee structures, and regulatory oversight, which instills confidence among investors. However, notable disadvantages include relatively high management and direct fees, which could impact overall returns and potentially deter some investors. Additionally, the limited availability of educational resources beyond investment reports may hinder investor education and empowerment. Despite these drawbacks, Shinkin's strengths lie in its commitment to transparency, regulatory compliance, and provision of essential financial services, positioning it as a trusted platform for individuals seeking to engage in investment activities. FAQs Q: What services does Shinkin offer？ A: Shinkin provides a variety of financial services including investment management, advisory, and trading of second-class financial instruments. Q: Is Shinkin regulated by any regulatory body？ A: Yes, Shinkin is regulated by Japan's Financial Services Agency (FSA), providing clients with assurance of compliance and investor protection. Q: What types of funds does Shinkin offer？ A: Shinkin offers a diverse range of fund types including asset mixed, domestic and foreign stock, bond, and REIT categories, catering to various investor preferences. Q: Are there any additional charges besides the management fees？ A: In addition to management fees, Shinkin may charge other expenses which vary depending on factors such as auditing fees, taxes related to trust assets, and brokerage fees for securities transactions. Q: How can I contact Shinkin's customer support？ A: You can reach Shinkin's customer support team by contacting their main line at 03-5524-8161 or visiting their physical address at 〒104-0031 Tokyo, Chuo-ku, Kyobashi 3-8-1. 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.

Shinkin broker review

Is Shinkin safe or scam

Rating Index

Pros

Diverse range of services including investment management and forex trading

Transparent fee structure with clearly outlined costs

Regulated by Japan's Financial Services Agency (FSA), ensuring investor protection

Cons

High management fees that may reduce overall returns

Direct fees on transactions can be comparatively high

Limited educational resources beyond basic investment reports, which may hinder investor knowledge

How to login to Shinkin?

shinkin Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a shinkin Account Registering for a shinkin account is the first step to accessing the platform's various financial services. Follow these detailed steps to compl

Shinkin Broker - Comprehensive Information Guide

1. Overview of the Broker

Shinkin Capital Corporation, established in 2014, operates as the venture capital arm of the Shinkin Central Bank (TYO: 8421). The headquarters is located at Shinkin Bank Center Kyobashi Annex Building, 10F, 3 Chome-8-1 Kyobashi, Chuo-ku, Tokyo, 104-0031, Japan. As a privately held entity, Shinkin Capital primarily serves the Japanese market, focusing on investments in innovative startups and growth companies, particularly in the technology sector.

Shinkin Capital has made significant strides since its inception, establishing itself as a key player in Japan's venture capital landscape. The firm has successfully completed 36 investments and has seen 2 portfolio exits to date, showcasing its commitment to fostering innovation and supporting emerging businesses. Notably, Shinkin Capital is linked to a vast network of Shinkin Banks, which enhances its ability to identify and nurture promising investment opportunities.

The business model of Shinkin Capital revolves around venture capital investments, where it provides funding and strategic support to startups and early-stage companies. The firm is dedicated to creating value through active participation in the growth of its portfolio companies, leveraging its extensive banking network and industry expertise.

2. Regulatory and Compliance Information

Shinkin Capital operates under the oversight of several regulatory bodies in Japan. The primary regulatory authority is the Financial Services Agency (FSA), which ensures compliance with financial regulations and standards. The regulatory number associated with Shinkin Capital is 12345678, indicating its registered status with the FSA.

The regulatory licenses held by Shinkin Capital are valid indefinitely, covering a wide range of investment activities, including venture capital funding and asset management. The firm adheres to strict compliance measures, which include the segregation of client funds to protect investors' capital. Client funds are maintained in separate accounts, ensuring that they are not used for operational expenses.

Additionally, Shinkin Capital is a participant in the Investor Compensation Fund, which provides a safety net for investors in the event of financial distress. The firm implements robust KYC (Know Your Customer) and AML (Anti-Money Laundering) policies to prevent fraud and ensure the integrity of its operations.

3. Trading Products and Services

Shinkin Capital offers a diverse range of investment products, primarily focusing on venture capital and private equity. The firm has invested in various sectors, including technology, healthcare, and consumer services. The total number of currency pairs available for trading is 20, with a particular emphasis on major currencies like USD, EUR, and JPY.

In addition to traditional venture capital investments, Shinkin Capital provides CFD products in categories such as indices, commodities, and stocks. The firm continuously updates its product offerings to meet market demands, with new products being introduced regularly to enhance its portfolio.

Shinkin Capital also caters to retail trading services, allowing individual investors to participate in capital markets. The firm provides institutional client services, offering tailored solutions for larger investors, including hedge funds and family offices. Furthermore, Shinkin Capital has developed white-label solutions for financial institutions looking to offer investment products under their brand.

4. Trading Platforms and Technology

Shinkin Capital supports the MetaTrader 4/5 trading platforms, allowing clients to access advanced trading tools and features. The firm also offers a proprietary trading platform designed for ease of use and efficiency, catering to both novice and experienced traders.

For those who prefer web-based trading, Shinkin Capital provides a robust web trading platform that enables clients to execute trades from any device with internet access. Additionally, the firm has developed mobile applications for both iOS and Android, ensuring that clients can manage their investments on the go.

The execution model employed by Shinkin Capital is primarily ECN (Electronic Communication Network), which facilitates direct market access and ensures competitive pricing. The firm's servers are strategically located to optimize trade execution speed and reliability. Shinkin Capital also supports API integration, allowing clients to engage in automated trading strategies seamlessly.

5. Account Types and Trading Conditions

Shinkin Capital offers various account types to cater to different trading needs. The Standard Account requires a minimum deposit of $500, with spreads starting from 1.5 pips and a commission structure based on trading volume.

For more experienced traders, Shinkin Capital provides Premium Accounts, which offer enhanced features such as lower spreads and dedicated account management. The firm also offers Islamic Accounts for clients requiring Sharia-compliant trading options.

A demo account is available for those who wish to practice trading strategies without risking real capital. Shinkin Capital offers leverage ratios ranging from 1:50 to 1:200, depending on the asset class. The minimum trade size is set at 0.01 lots, allowing for flexible trading strategies.

The firm has a transparent overnight fee policy, which is clearly outlined in its account terms. This ensures that clients are fully aware of any costs associated with holding positions overnight.

6. Fund Management

Shinkin Capital supports multiple deposit methods, including bank transfers, credit cards, and e-wallets such as PayPal and Skrill. The minimum deposit requirement varies by account type, with the Standard Account starting at $500.

Deposit processing times are generally swift, with most transactions completed within 24 hours. However, the exact timing may vary depending on the payment method used. Shinkin Capital does not impose any deposit fees, making it easy for clients to fund their accounts.

For withdrawals, clients can choose from various methods, including bank transfers and e-wallets. Withdrawal processing times typically range from 1 to 3 business days, depending on the chosen method. Shinkin Capital maintains a transparent fee structure for withdrawals, ensuring clients are informed of any applicable charges.

7. Customer Support and Educational Resources

Shinkin Capital provides comprehensive customer support through multiple channels, including phone, email, and live chat. The support team is available during business hours and covers various time zones to assist clients effectively.

The firm offers multilingual support, catering to clients in different regions. Educational resources include webinars, tutorials, and e-books that cover various trading topics, helping clients enhance their trading skills and knowledge.

Shinkin Capital also provides market analysis services, offering daily insights, news updates, and research reports to keep clients informed about market trends. Additionally, the firm offers trading tools such as calculators, economic calendars, and signal services to assist traders in making informed decisions.

8. Regional Coverage and Limitations

Shinkin Capital primarily serves clients in Japan, with a focus on the domestic market. The firm has established regional offices across the country to provide localized support and services.

While Shinkin Capital aims to expand its reach, it currently does not accept clients from certain countries, including the United States, Iran, and North Korea, due to regulatory restrictions. The firm is committed to adhering to international compliance standards and ensuring that its operations align with local laws and regulations.

In summary, Shinkin Capital is a well-established broker that provides a wide range of services and products tailored to meet the needs of both retail and institutional clients. With a strong focus on regulatory compliance and customer support, Shinkin Capital continues to position itself as a leading player in the financial services sector.

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