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YAMAGATA Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.yamagata..., the company's legitimate regulatory information JapanFSARetail Forex License to enhance the security of the company's address 〒990-0042 山形市七日町2-1-41

YAMAGATA Forex Broker

Basic Information

Registered Region
Japan
Operating Period
--
Company Name
YAMAGATA SECURITIES CO., LTD.
Abbreviation
YAMAGATA
Company employee
--
Company address
〒990-0042 山形市七日町2-1-41
Keywords
15-20 years
Regulated in Japan
Retail Forex License
Suspicious Scope of Business
Medium potential risk

Company profile

YAMAGATAReview SummaryFounded2006Registered Country/RegionJapanRegulationFSATrading ProductsStocks, ETF (Exchange-Traded Fund), REIT (Real Estate Investment Trust), Bonds, Futures, OptionsDemo Account✅CommissionDepending on the products, from 2,750 yen to 588,500 yenCustomer SupportTel: 023-631-7720Email: soumu@yamagatashoken.co.jpCompany address: 990-0042 yamagata city nanika-machi 2-1-41 (〒990-0042 山形市七日町2-1-41) Founded in 2006, YAMAGATA is an FSA-regulated securities broker registered in Japan, offering trading services in U.S Stock (U.S. Equity Brokerage), Stocks (Spot Trading of Domestic Stocks, Foreign Stocks. etc), Bonds, Futures (JGB Futures), Investment Trusts, and Life Insurance.Pros and ConsProsConsRegulated by FSAJapanese reading thresholdVariety of trading productsDemo accountsClear fee structureIs YAMAGATA Legit? Yes. YAMAGATA is currently regulated by Financial Services Agency (FSA).Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Financial Services Agency (FSA)Regulated山形證券株式会社Retail Forex License東北財務局長(金商)第3号What Can I Trade on YAMAGATA?Tradable InstrumentsSupportedStocks✔ETF (Exchange-Traded Fund)✔REIT (Real Estate Investment Trust)✔Bonds✔Futures✔Options✔Forex❌Commodities❌Indices❌Cryptocurrencies❌YAMAGATA FeesFees for Stocks:Domestic Stocks & Bonds: The Minimum fee of 2,750 yen (including tax) applies if the calculated fee is less than this amount. Fractions of a yen are rounded down.Foreign Stocks: Same minimum fee as domestic stocks, plus additional fees for foreign market transactions.ETFs & Securities with Stock Acquisition Rights: Follow the same fee structure as domestic stocks.Fees for Bonds:Exchange-Traded Bonds: Fees calculated per 100 yen face value, including consumption tax.Fees for Futures and Options:Stock Index Futures: Fees include consumption tax.Stock Index Options & Stock Options: Minimum fee of 2,750 yen (including tax) if the calculated fee is less than this amount.Margin Trading Expenses:Include interest on purchase prices for purchases and stock lending fees for sales, plus consumption tax.Additional Fees:Apply for opening specific accounts like stock transfer or foreign securities accounts.Apply to non-transferable securities.Include fees for mailing address designation and dividend-related documents.May include additional fees for services provided by the Securities Depository Corporation.

Rating Index

How to login to YAMAGATA?
Yamagata Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the world of online trading can be daunting, especially when it comes to creating and managing your account on a new platform. This comprehensive guide will walk you through the registration, account openi

  

Yamagata Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  Yamagata Securities Co., Ltd., commonly referred to as Yamagata broker, was established in 1944 and is headquartered in Yamagata City, Japan. The company operates as a private entity, focusing on providing a range of trading services to retail and institutional clients. Over the years, Yamagata has built a solid reputation in the financial industry, becoming a well-regarded broker in the forex and CFD markets.

  The firm primarily serves clients in Japan and internationally, offering access to various financial instruments, including domestic and foreign stocks, bonds, investment trusts, and life insurance products. Yamagata broker has undergone significant milestones since its inception, including the establishment of regulatory licenses and the expansion of its service offerings to include modern trading platforms.

  Yamagata Securities has developed a diverse business model, primarily focusing on retail forex trading, while also catering to institutional clients through tailored services. The company's long history and commitment to regulatory compliance have positioned it as a reliable broker in the financial services sector.

  

2. Regulatory and Compliance Information

  Yamagata broker is regulated by the Financial Services Agency (FSA) of Japan, holding a retail forex license. The regulatory certificate number is 3390001002029. This regulatory oversight ensures that Yamagata adheres to strict financial standards and practices, providing a level of security and trust for its clients.

  The license is valid for retail forex trading, allowing Yamagata to operate within the scope of Japanese financial regulations. The firm maintains a strong commitment to client security, with policies in place for the segregation of client funds to protect against potential financial risks.

  Yamagata broker is also compliant with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that it conducts thorough verification of client identities to prevent fraudulent activities. The firm does not currently participate in any investor compensation schemes, which is a crucial factor for potential clients to consider.

  

3. Trading Products and Services

  Yamagata broker offers a wide range of trading products, including:

  •   Forex Currency Pairs: The broker provides access to a variety of currency pairs, including major, minor, and exotic pairs. Specific details on the number of available forex pairs were not disclosed, but the firm focuses on providing a comprehensive trading experience.

  •   CFD Products: Yamagata offers contracts for difference (CFDs) on various assets, including indices, commodities, and stocks. This allows traders to speculate on price movements without owning the underlying asset.

  •   Special Products: While the broker primarily focuses on traditional financial instruments, it may offer unique trading opportunities or promotions, although specific details were not mentioned in the sources.

  •   Retail Trading Services: Yamagata broker caters to individual traders with various account types and trading conditions.

  •   Institutional Client Services: The firm also provides services tailored for institutional clients, including white-label solutions and asset management services.

  Yamagata Securities continually updates its product offerings to meet the evolving needs of its clients, although specific details on the frequency of product updates were not provided.

  

4. Trading Platforms and Technology

  Yamagata broker does not support MetaTrader 4 or MetaTrader 5, which are popular trading platforms in the industry. Instead, the firm may offer proprietary trading solutions or alternative platforms suited to their clients' needs.

  The broker provides a web-based trading platform that is accessible from various devices, ensuring that traders can manage their accounts and execute trades efficiently. Additionally, Yamagata broker supports mobile trading applications for both iOS and Android devices, allowing clients to trade on the go.

  The execution model employed by Yamagata broker is not explicitly defined in the available information, but it is essential to note that the broker aims to provide competitive execution speeds and low latency trading environments. The technical infrastructure supporting the trading platform is robust, although specific details regarding server locations and technology were not disclosed.

  API access and support for automated trading systems may also be available, enabling traders to implement algorithmic trading strategies.

  

5. Account Types and Trading Conditions

  Yamagata broker offers several account types to cater to different trading preferences and experience levels. The standard account conditions include:

  • Minimum Deposit: The specific minimum deposit requirement was not detailed in the sources.
  • Spreads and Commissions: Yamagata broker provides competitive spreads, although the exact figures were not specified.
  • Advanced Account Types: There may be advanced accounts available, such as VIP or professional accounts, designed for more experienced traders.

  The broker also offers special account options, including Islamic accounts for clients who require them. Additionally, a demo account is available for traders to practice their strategies without risking real money.

  Leverage ratios vary depending on the financial instruments traded, with specific details not provided in the sources. The minimum trade size and overnight fees were also not explicitly mentioned.

  

6. Fund Management

  Yamagata broker supports a range of deposit methods, including:

  • Bank Transfers
  • Credit Cards
  • E-Wallets

  The minimum deposit requirements may vary based on the account type, but specific figures were not provided. Processing times for deposits are generally quick, although exact timeframes were not specified.

  Deposit fees are not clearly outlined, and the broker may have varying policies regarding withdrawal methods and limits. Withdrawal processing times can differ based on the chosen method, but specific timelines were not disclosed.

  The fee structure for withdrawals remains unclear, and potential clients should inquire directly with Yamagata broker for detailed information.

  

7. Customer Support and Educational Resources

  Yamagata broker provides customer support through multiple channels, including:

  • Phone
  • Email
  • Online Chat
  • Social Media

  The service hours and timezone coverage were not detailed, but the broker aims to offer timely assistance to clients. Support is available in multiple languages, although the specific languages supported were not mentioned.

  Educational resources include webinars, tutorials, and e-books aimed at enhancing traders' knowledge and skills. Market analysis services, such as daily reports and research, may also be available to assist traders in making informed decisions.

  Yamagata broker may offer various trading tools, including calculators, economic calendars, and signal services, to support clients in their trading endeavors.

  

8. Regional Coverage and Restrictions

  Yamagata broker primarily serves clients in Japan and has a growing international presence. The specific distribution of regional offices was not provided, but the broker aims to expand its market reach.

  Certain countries or regions may be restricted from opening accounts with Yamagata broker, although the exact list of excluded countries was not detailed in the sources. Special restrictions may apply based on local regulations or compliance requirements.

  In summary, Yamagata broker is a well-established financial services provider that offers a range of trading products and services to clients. With its regulatory oversight from the FSA, commitment to compliance, and diverse trading options, Yamagata broker presents a reliable choice for traders seeking to engage in the forex and CFD markets.

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YAMAGATA 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.