Senshu Ikeda
Senshu Ikeda Tokai Tokyo Securities Co.,Ltd.21.8Regulated
JapanEst. 1951FSA
1 licence
Broker Summary
Summary of the broker
The company Shikoku is a licensed financial broker based in Japan with its headquarters and principal location in Matsuyama City, Ehime Prefecture. The company is registered with the Financial Services Agency (FSA) of Japan and provides various types of investment instruments to meet the needs of investors, such as Investment Trusts (i.e., investment funds), stocks, bonds, forex trading, and commodities.
Shikoku has over 20 years of operational history with no indications of issues relating to the legality of its licence or to the integrity of the products it offers.
The company does not offer any customer support options apart from its main telephone number and does not currently support the use of the Metatrader 4 and 5 (MT4 and MT5) platforms. The only product categories offered by Shikoku that permit dispersion of risk across a wider range of tradable instruments are Investment Trusts and Bonds.
Although Shikoku currently does not have a demo account available, it does not appear to be limited by its prices. It offers the following pricing tiers for its investor products: Domestic Stock Brokerage; Domestic Convertible Bond Brokerage; Foreign Stock Brokerage (0.1980% - 11%); Securities Deposits (JPY 550 - 11,000); and Bank Transfers (JPY 0 - 4,000).
The following information about deposit and withdrawal of funds with Shikoku illustrates the overall service experience offered to potential customers, including the number of days it takes to deposit funds, as well as the additional costs associated with both deposits and withdrawals.
Deposits
Minimum Amount: JPY 0 - 4,000
Processor Time: 24 hours or less
Withdrawals: None
Conclusion:
In conclusion, Shikoku appears to be a regulated Japanese brokerage firm that is legitimate and credible by virtue of its long-established history (over 20 years) operating within Japan's regulated environment of the FSA. Therefore, it can be said that Shikoku has a good reputation and the capability to provide traditional investment services.
Because Shikoku does not offer a demo account, does not support modern trading platforms (MT4 and MT5), and has higher than average trading fees, Shikoku is not recommended for active online traders or international clients. However, it does provide excellent traditional investment services, and therefore, can be a good option for those seeking investment services in Japan.
Regulatory Licenses
Compliance & oversight
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for Shikoku. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Account Types
Trading account options
No Account Types
Account type information is not available for this broker yet.
Funding Methods
Deposit & withdrawal options
1 methods
Bank Transfer
Bank Transfer
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
No alternative deposit or withdrawal methods such as credit cards, e-wallets, cryptocurrencies, or wire transfers are supported. Processing time up to 24 hours. Standard KYC/AML likely required.
1
Free Deposit
1
Instant
0
Crypto
Social Presence
Digital community engagement
0 platform
No Social Media Presence
This broker doesn't have active social media accounts
Corporate Network
Enterprise structure & relationships
1 entities
Shikoku Alliance Securities Co.,Ltd.
Japan
active
Registration
5500001016700
Established
N/A
Comments
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