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.