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PWM Japan Securities -

Score

6.91 /10
Average

PWM Japan Securities

Japan

15-20 years

Regulated in Japan

Retail Forex License

High potential risk

https://www.pwm.co.jp/about/bizmodel_en

Influence

C

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Comparison

Quantity 12

Exposure

Time Machine
Website

Score

Regulatory Index7.83

Business Index8.89

Risk Management Index0.00

Software Index7.05

License Index7.83

The WikiFX Score of this broker is reduced because of too many complaints!
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

PWM JAPAN SECURITIES CO., LTD

Company Abbreviation

PWM Japan Securities

Platform registered country and region

Japan

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts 2
Previous Detection : 2025-07-02
  • The number of the complaints received by WikiFX have reached 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Survey

Great

PWM Japan Securities

Japan

WikiFX Verification

Exposure

12 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

The police has alredy been called. Don't invest here. The bank account was frozen for two days for money transfer

Can't withdraw funds at all. The high profit is a lie

2021-01-05 20:45
Unable to Withdraw

Fraud platform. It's said that my data is tested to be abnormal and they are suspicious that I have interest arbitrage. And I was asked to pay half margin but later they blocked my account directly. I can't log in now

Don't believe high profits in case of being fooled. The net is virtual, If you wanna make money, it's be better to make money in real life.

2020-12-08 07:27
Scam

There is no escape from the long arm of the law

You frauds will come to no good end. People who have the same experience as me should call the police. Don’ feel awkward or troublesome. It will help us catch these frauds early and get our hard-earned money back asap

2020-12-30 23:02
Scam

The same experience. The analyst sai one-to-one guidance and 100% profit

I knew forex exchanges via a guy's WeChat moments. They said their company could help me profit with one-to-one guidance. I wanna take chances so I invested while the analyst said my invest amount was too little to operate. So I added 75,000 in total. Afer all the operation, he said I had some orders left so I should add 162,700 to operate another two rounds. I felt like being cheated. And later I deposited 25,000 which can not be withdrawn, eitehr. The broker said I operated abnormally and asked me to pay risk fund, 10% of the total amount of 483,622.4 in total, that is 48,362.24. I thought it was a scam and I called the police and filed the case

2020-12-13 04:32
Unable to Withdraw

Fraud. Ask me to pay margin and risk fund with varied reasons

Fraud. Ask me to pay margin and risk fund with varied reasons

2020-12-15 11:03
Unable to Withdraw

Scam

The customer service said the bank card info was wrong and asked me to pay 15% security fund to modify the info, or I can’t withdraw funds. Fraud company, a scam

2020-12-23 23:51
Unable to Withdraw

PWM is a fraud platform. Unable to withdraw

When I applied for withdrawal. The customer service asked me to pay margin cuz my bank card info was wrong. Then I was prevented from withdrawing for low credit score. Then they wold me I could withdraw funds at the end of November. But since then the customer service hasn’t replied to me, let alone my application for withdrawal. The whole thing is a sham. I hope more departments can focus on this matter and more people can expose fraud platforms like this one

2020-12-14 21:09
Unable to Withdraw

Unable to withdraw. Beguile customers

I've traded here since November 1, 2020. I wanna withdraw when I profited. But the customer service rejected my application on grounds of wrong bank card number. And I was asked to pay margin. They promised the margin would be returned. Then I applied for the withdrawal again after I paid the margin and offered photos of bank card and ID card. But the customer service decresed my credit score and rejected my application for a low credit score. Later, he told me I can't withdraw funds until the end of the month after the settlement. I contacted the customer service after a period of time, but they didn'y reply to me anymore, let alone approve my application. I was cheated of over 170,000 and I hope the relevant departments can investigate and ask them to return my hard-earned money!

2020-12-10 19:52
Others

Scam. The analyst guides me to operate. And he said I have to add positions to continue operating.

Scam. The analyst guides me to operate. And he said I have to add positions to continue operating.

2020-11-27 14:55
Unable to Withdraw

It's a scam. I called the police

The customer service said there was a risk of the account, so I have to pay margin to withdraw. And they said they were not afraid of the police. Ok, we'll wait and see. I already called the police

2020-12-13 16:52
Unable to Withdraw

Cheat people's money

Lose 100,000. Don't let me withdraw fuds with varied reasons. Besides, I have to pay security fund to withdraw my money. Now my account is frozen. I called the police but there has been no result yet. I call people who experienced the same thing call the police. The matter can be more focused, if the amount of the money is bigger. We should make the relevant depatments attach great importance to it and bring the frauds to justice. Our money is not easy to earn.

2020-12-22 13:35
Scam

Induce fraud. Cheat money

Deposit on October 31, 2020 and begin operating on October 31 in PWM. Then I wanna withdraw funds, but the customer service asked me to pay margin and offer the photos of ID card and bank card on grounds of wrong bank card number so that he could help me change the info. But I failed again, then the customer service prevented me from withdrawing for insufficient credit score. I asked for the solution to my withdrawal issue. However, the customer service asked me to wait until the end of November. Then, he just disappeared. No response. My capital of over 170,000 is gone. I thought I could improve my quality of life. But now, it’s even worse. I hope you can help me forward this exposure to help others avoid being cheated. And I want the relevant departments can help me check on PWN and bring justice. Let them pay back our hard-earned money and keep us from being cheated!

2020-12-08 21:27
    Data Source WikiFX Data provide
    Updated: 2025-07-02
    PWM Japan Securities · Company summary
    PWM Japan Securities Review Summary
    Founded1999
    Registered Country/RegionJapan
    RegulationRegulated by FSA
    Market InstrumentsInvestment products, foreign bonds
    Demo Account/
    Trading Platform/
    Customer SupportContact form
    Phone: 03-6809-2388, 03-6809-2410

    PWM Japan Securities Information

    PWM Japan Securities is a Japanese financial institution established in 1999 and regulated by the Financial Services Agency (FSA). It offers a wide range of investment products, including investment trusts, foreign bonds, and pension plans. However, fee details are not clear.

    PWM Japan Securities Information

    Pros and Cons

    Pros Cons
    Regulated by FSALack of fee information
    Long operation timeOnly one type of account mentioned

    Is PWM Japan Securities Legit?

    PWM Japan Securities is regulated by the Japan Financial Services Agency (FSA) with a Retail Forex License, license number 関東財務局長（金商）第50号.

    PWM Japan Securities license

    What Can I Trade on PWM Japan Securities?

    PWM Japan Securities offers a variety of investment products, including investment trusts that cover a wide range of categories such as domestic and international stocks, bonds, real estate investment trusts, balanced funds, and commodity funds.

    They also offer an Asset Accelerator program that supports international diversified investments starting from 10,000 yen per month. In addition, PWM provides foreign bonds as well as corporate defined contribution pension plans.

    products
    products

    Account Type

    PWM Japan Securities supports NISA accounts, allowing investors to open tax-exempt accounts and trade with tax-free profits.

    Account Type

    User Reviews

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    User comment

    1

    Comments

    Write a review

    yuaner
    more than one year
    I had a frustrating experience with PWM during my withdrawal process. Initially, they claimed my bank information was incorrect and insisted on a deposit for verification. Later, they cited a decrease in my credit score, denying my withdrawal. They promised a payout by the end of November, but subsequent attempts to contact customer service were met with silence. Reapplying for withdrawal yielded no results, and the issue was left unaddressed. It feels like blatant fraud and extortion. Is PWM a scam? I hope relevant authorities take notice, and more individuals expose such platforms.
    I had a frustrating experience with PWM during my withdrawal process. Initially, they claimed my bank information was incorrect and insisted on a deposit for verification. Later, they cited a decrease in my credit score, denying my withdrawal. They promised a payout by the end of November, but subsequent attempts to contact customer service were met with silence. Reapplying for withdrawal yielded no results, and the issue was left unaddressed. It feels like blatant fraud and extortion. Is PWM a scam? I hope relevant authorities take notice, and more individuals expose such platforms.
    Translate to English
    2023-12-28 12:29
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