Score

7.98 /10
Good

Shin

Regulated in Japan

Retail Forex License

Suspicious Scope of Business

Medium potential risk

D

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index7.83

Business Index8.89

Risk Management Index8.90

Software Index7.05

License Index7.83

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Shin Securities Sakamoto inc.

Company Abbreviation

Shin

Platform registered country and region

Japan

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2025-06-29
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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Shin · Company summary
Shin Review Summary
Registered On15-20 years
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsStocks, Investment trusts, Bonds
Demo Account/
Customer Support076-222-8088
0120-739-679
0120-660-544

Shin Information

Shin Securities Sakamoto is a Japanese securities firm specializing in novice investors. Headquartered in Kanazawa, the company offers low fees (e.g., free domestic stock purchases for those under 50), tax-exempt NISA accounts, and diverse products such as stocks and bonds. It is regulated by Japan's Financial Services Agency (FSA), though it lacks an online platform and overseas coverage.

Shin Securities

Pros and Cons

Pros Cons
RegulatedNo online trading platform
Low commission feesUnclear fee information
Free investment consultationLow overseas market coverage
Available NISA tax-exempt account
Diverse product services

Is Shin Legit?

Shin is regulated by the FSA with a license number: Director of the Hokuriku Regional Taxation Bureau (Kinsho) No. 5. It has a relatively high level of security.

regulated

What Can I Trade on Shin?

Tradable Instruments Supported
Stocks
Investment trusts
Bonds
Shares
ETFs
Bonds
Mutual Funds
Instruments

Account Type

Account TypeMain Functions
Securities Comprehensive AccountA basic trading account that supports the buying and selling of stocks, investment trusts, and bonds. Funds are automatically transferred to the “Nomura MRF” money market fund to earn interest.
Specific Account1. With withholding tax: The securities company withholds taxes, eliminating the need for individual declaration.2. Without withholding tax: Requires self-declaration of taxes.
NISA AccountA tax-exempt exclusive investment account requiring review by the tax office (approximately 2 weeks).
Account

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AK48
more than one year
I had a highly disappointing experience with Shin Trading. The deliberate slippage of over 1000 points and the intentional liquidation of client accounts were unacceptable practices.
I had a highly disappointing experience with Shin Trading. The deliberate slippage of over 1000 points and the intentional liquidation of client accounts were unacceptable practices.
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2023-12-20 21:19
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