Yutaka Trusty Securities Co., Ltd., commonly referred to as Yutaka broker, was established in 1962 and has since become a significant player in the Japanese financial services industry. The company is headquartered in Nagoya, Japan, and operates a network of branch offices across the country, providing a range of financial services to its clients.
Yutaka broker is a privately held entity, which allows it to maintain a focused approach to its operations and client services. The primary markets served by Yutaka include domestic and international investors, with a particular emphasis on clients based in Japan and China. Over the years, Yutaka has achieved several milestones, including obtaining regulatory approval from the Financial Services Agency (FSA) of Japan, which enhances its credibility in the financial sector.
The company's business model encompasses a variety of trading services, including retail forex trading, commodities, and derivatives, catering to both individual and institutional clients. With a history spanning over six decades, Yutaka broker has established itself as a reputable entity in the forex and CFD trading landscape.
Yutaka broker operates under the regulatory oversight of the Financial Services Agency (FSA) in Japan. It holds a retail forex license, which ensures that it adheres to strict regulatory standards. The license number is Director-General of the Tokai Finance Bureau (Kinsho) No. 21. The regulatory framework established by the FSA requires Yutaka to maintain adequate capital reserves, conduct regular audits, and follow ethical trading practices.
The company has implemented a segregation of client funds policy, ensuring that client deposits are held in separate accounts from the companys operational funds. This measure provides an additional layer of security for clients' investments. However, it is important to note that Yutaka broker does not participate in an investor compensation scheme, which could limit recourse options for clients in the event of financial difficulties.
Yutaka broker is committed to complying with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to provide identification and verification documents during the account opening process. These measures are designed to prevent fraudulent activities and ensure a secure trading environment.
Yutaka broker offers a diverse range of trading products, primarily focusing on forex and CFDs. The company provides access to a variety of currency pairs, including major, minor, and exotic currencies, allowing traders to engage in a robust forex trading experience.
In addition to forex, Yutaka broker offers CFD products across several categories:
The company frequently updates its product offerings to align with market demands, ensuring that clients have access to the latest trading opportunities. Yutaka broker primarily serves retail clients but also provides services for institutional clients, enhancing its market reach.
Yutaka broker does not support popular trading platforms such as MetaTrader 4 or MetaTrader 5. Instead, it has developed its own proprietary trading platform, which is designed to meet the specific needs of its clients. The platform offers a user-friendly interface, enabling traders to execute trades efficiently.
In addition to the desktop trading platform, Yutaka broker also provides a web-based trading solution, allowing clients to trade from any device with internet access. The company has also developed mobile applications for both iOS and Android, catering to the growing demand for mobile trading solutions.
The execution model employed by Yutaka broker is primarily Market Making, which may impact the spreads and execution speeds experienced by traders. The company utilizes advanced technology and infrastructure to ensure that trades are executed swiftly and reliably. Additionally, Yutaka broker offers API access for algorithmic trading, providing clients with the tools necessary for automated trading strategies.
Yutaka broker offers several account types to cater to the varying needs of its clients. The standard account typically requires a minimum deposit, with competitive spreads and commissions based on trading volume.
For more experienced traders, Yutaka broker may offer advanced account types, such as VIP or professional accounts, which provide enhanced trading conditions, including lower spreads and higher leverage options.
The company also provides demo accounts, allowing prospective clients to practice trading without financial risk. Leverage ratios vary depending on the financial instruments traded, with maximum leverage typically reaching up to 1:100. The minimum trade size and overnight fees are also clearly outlined in the companys trading conditions.
Yutaka broker supports a variety of deposit methods, ensuring that clients can fund their accounts conveniently. Accepted deposit methods include:
The minimum deposit requirements vary by account type and are clearly stated during the account opening process. Deposit processing times are generally swift, with most transactions being completed within one business day.
While Yutaka broker does not charge deposit fees, it is essential for clients to review any potential charges imposed by their payment providers. Withdrawal methods include bank transfers and electronic payment systems, with specific withdrawal limits and processing times communicated to clients upon request.
Withdrawal processing times can vary, but Yutaka broker aims to process requests promptly. However, clients should be aware that withdrawal fees may apply, depending on the chosen withdrawal method.
Yutaka broker prioritizes customer support and offers multiple channels for client inquiries, including:
The companys customer support operates in multiple languages, catering to its diverse client base. Educational resources provided by Yutaka broker include webinars, tutorials, and eBooks, aimed at enhancing traders' knowledge and skills.
Additionally, Yutaka broker offers market analysis services, including daily market updates, news, and research reports, helping clients stay informed about market movements. Various trading tools such as calculators and economic calendars are also available to assist traders in making informed decisions.
Yutaka broker primarily serves clients in Japan and China, reflecting its focus on the Asian market. The company operates several branch offices throughout Japan, providing localized support and services.
However, Yutaka broker does not accept clients from certain countries due to regulatory restrictions. Specific countries and regions where client accounts are not accepted include those under international sanctions or where local regulations prohibit such services.
In summary, Yutaka broker is a well-established financial services provider with a strong regulatory framework, a diverse range of trading products, and a commitment to customer service. While it primarily serves clients in Japan and China, it continuously adapts to market demands and technological advancements to provide a reliable trading experience.
FX1373920458
United Kingdom
YUTAKA appears to be a reliable company with a long history and strict regulation. It's a pity that it only provides Japanese and Chinese services, so I don't think I have a chance to invest here. Anyways, I still have plenty of other options in this industry, since there're so many forex companies here.
37130
2023-03-16