Shizuoka Tokai Broker Review

　　

Shizuoka Tokai 2025 Review: Everything You Need to Know

　　Shizuoka Tokai has garnered mixed reviews in the forex trading community, with many users expressing concerns about its regulatory status and customer service. While it offers a range of financial instruments and account types, the lack of robust regulatory oversight has raised red flags for potential investors.

　　Note: The presence of different entities under similar names can lead to confusion. This review aims to provide a fair and accurate assessment of Shizuoka Tokai based on available information.

　　

Rating Overview

Category	Score (out of 10)
Account Conditions	5
Tools and Resources	6
Customer Service and Support	4
Trading Setup/Experience	5
Trustworthiness	3
User Experience	4

　　How We Rated the Broker: Ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data from multiple sources.

　　

Broker Overview

　　Founded in 1951, Shizuoka Tokai Securities Co., Ltd. operates as a forex broker based in Japan. The company provides access to various financial instruments, including forex, CFDs, stocks, and bonds. However, it is important to note that Shizuoka Tokai is not regulated by a top-tier financial authority, which raises concerns regarding the safety of client funds. The broker does not offer popular trading platforms like MT4 or MT5, instead using its proprietary platform.

　　

Detailed Breakdown

　　

Regulatory Status

　　Shizuoka Tokai operates without regulation from recognized financial authorities, which is a significant drawback. According to multiple sources, including WikiFX, the lack of regulatory oversight makes it a high-risk option for traders. Users have reported difficulties in withdrawing funds, which is a common issue with unregulated brokers.

　　

Deposit/Withdrawal Methods

　　Shizuoka Tokai accepts various payment methods for deposits and withdrawals, including credit cards, bank transfers, and cash. The minimum deposit requirement is ¥100,000 for most accounts, which may be a barrier for novice traders. Withdrawals have a minimum limit of ¥10,000, but a fee of ¥300 applies, which could deter frequent traders.

　　

Account Types

　　Shizuoka Tokai offers several account types, including general, specific, NISA, junior NISA, and iDeCo accounts. Each account type has its own benefits and minimum deposit requirements. However, the lack of diversity in account options and the high minimum deposit may limit accessibility for some traders.

　　

Trading Costs

　　The cost structure at Shizuoka Tokai includes spreads that can be relatively high for foreign stocks, while spreads for Japanese stocks are more competitive, typically ranging from 0.1% to 0.2%. Additionally, users should be aware of various fees, including account maintenance fees and overnight financing fees, which can impact overall profitability.

　　

Leverage

　　Shizuoka Tokai offers leverage of up to 5:1 for Japanese stocks and 2:1 for foreign stocks. While this might be acceptable for some traders, others may find it limiting compared to brokers offering higher leverage options.

　　

Customer Support

　　Customer service is another area where Shizuoka Tokai falls short. While they provide 24/7 support, many users have reported slow response times and inadequate assistance, leading to frustration. The primary language for support is Japanese, which may pose challenges for non-Japanese speakers.

　　

User Experience

　　User experiences with Shizuoka Tokai have been largely negative, with many complaints focusing on withdrawal issues and customer service. According to a review on BrokerChooser, clients have expressed dissatisfaction with the platform's functionality and the overall trading experience.

　　

Summary of Ratings

Category	Detailed Rating
Account Conditions	5
Tools and Resources	6
Customer Service and Support	4
Trading Setup/Experience	5
Trustworthiness	3
User Experience	4

　　

Detailed Breakdown of Ratings

• 　　Account Conditions (5/10): The minimum deposit is high at ¥100,000, which may deter new traders. While there are multiple account types, the lack of diversity limits options for investors.

• 　　Tools and Resources (6/10): Shizuoka Tokai provides basic trading tools, but lacks advanced features commonly found in more established platforms.

• 　　Customer Service and Support (4/10): Customer support is available, but users have reported slow response times and language barriers, which can be frustrating.

• 　　Trading Setup/Experience (5/10): The trading experience is average, with reports of issues related to platform functionality and withdrawal processes.

• 　　Trustworthiness (3/10): The absence of regulatory oversight is a significant concern, leading to a lack of trust among potential clients.

• 　　User Experience (4/10): Many users have expressed dissatisfaction with their experiences, particularly regarding withdrawal difficulties and customer service.

　　In conclusion, while Shizuoka Tokai offers a range of financial products and account types, the lack of regulatory oversight and poor customer service raise significant concerns. Potential investors should carefully consider these factors before deciding to engage with this broker. For a more secure trading experience, it may be wise to explore regulated alternatives.