Score

1.54 /10
Danger

Hokkaido

Suspicious Regulatory License

High potential risk

B

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Score

Regulatory Index0.00

Business Index7.20

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away!
Previous Detection : 2024-11-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Hokkaido · Company summary
The Hokkaido Bank,Ltd. Basic Information
Company Name The Hokkaido Bank,Ltd.
Founded 1951
Headquarters Japan
Regulations Not regulated
Tradable Assets Stocks
Customer Support Email (info@hokuhoku-fg.co.jp)Phone (+81-76-423-7331 (From Outside Japan)or 076-423-7331 (From Inside Japan))

Overview of the Hokkaido Bank,Ltd.

Established in 1951 and based in Japan, Hokkaido operates as a regional financial group, serving a wide area with its comprehensive financial services. With a focus on maintaining sound management practices, the company aims to contribute to the peace of mind and welfare of its customers within its business territory. Hokkaido primarily specializes in facilitating stock trading, providing customers with access to this asset class. However, it's essential to be cautious as the company operates without regulatory oversight, necessitating careful consideration when utilizing its services.

Overview of the Hokkaido Bank,Ltd.

Is The Hokkaido Bank,Ltd. Legit?

The Hokkaido Bank,Ltd. is not regulated. It's crucial to highlight that this broker operates without regulation, meaning it lacks oversight from established financial regulatory authorities. Traders should proceed with caution and understand the potential risks associated with trading through an unregulated broker like Hokkaido. These risks may include limited avenues for resolving disputes, concerns about the safety and security of funds, and a lack of transparency in the broker's operations. To ensure a safer and more secure trading experience, traders are advised to conduct thorough research and carefully consider the regulatory status of a broker before engaging in trading activities.

Is The Hokkaido Bank,Ltd. Legit?

Pros and Cons

Hokkaido provides traders with different contact options, catering to both domestic and international customers. However, it's important to note that the company operates without regulatory oversight, potentially exposing traders to risks associated with unregulated trading practices. Additionally, Hokkaido offers a limited selection of trading products, which may restrict the diversification opportunities for traders. Moreover, the lack of educational resources poses challenges for traders seeking to enhance their knowledge and skills in the financial markets. Furthermore, unclear information on account types and the trading platform may lead to confusion among users. As a result, while Hokkaido presents trading opportunities, traders should exercise caution and conduct thorough research before engaging with the platform to mitigate potential risks.

Pros Cons
  • Offering different contact methods domestically and internationally
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Limited offering of trading products
  • Lack of educational resources
  • Unclear information on account types, trading platform

Trading Instruments

Hokkaido specializes exclusively in stock trading, targeting traders interested in opportunities within the currency markets.

Customer Support

The integration of The Hokuriku Bank, Ltd. and The Hokkaido Bank, Ltd. led to the establishment of Hokuhoku Financial Group Inc. For inquiries related to Hokuhoku Financial Group Inc., you can contact them via email at info@hokuhoku-fg.co.jp or by phone at +81-76-423-7331 (From Outside Japan) or 076-423-7331 (From Inside Japan).

Customer Support

Conclusion

In conclusion, Hokkaido offers traders various contact options but operates without regulatory oversight, posing potential risks. It provides a limited selection of trading products and lacks educational resources, while information on account types and the trading platform is unclear. Traders should proceed with caution and conduct thorough research before engaging with the platform.

FAQs

Q: Is Hokkaido regulated?

A: No, Hokkaido operates without regulation, lacking oversight from recognized financial regulatory authorities.

Q: What trading instruments are available in Hokkaido?

A: Hokkaido offers specialized services, focusing exclusively on stock trading.

Q: How can I contact Hokkaido's customer support?

A: The integration of The Hokuriku Bank, Ltd. and The Hokkaido Bank, Ltd. formed Hokuhoku Financial Group Inc. For inquiries regarding Hokuhoku Financial Group Inc., you can reach them via email at info@hokuhoku-fg.co.jp or by phone at +81-76-423-7331 (From Outside Japan) or 076-423-7331 (From Inside Japan).

Risk Warning

Trading online carries significant risks, and there's a possibility of losing all your invested capital. It's crucial to understand these risks and acknowledge that the details provided in this review may change over time due to updates in the company's policies and services. Since the information might be outdated, it's advisable to verify any details directly with the company before making any decisions. Ultimately, the responsibility for using the information provided in this review lies solely with the reader.

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FX1595462746
more than one year
I had a positive experience with Hokkaido broker, mainly due to the helpful and honest nature of their staff. Alex, in particular, was open-minded and provided assistance throughout the entire process.
I had a positive experience with Hokkaido broker, mainly due to the helpful and honest nature of their staff. Alex, in particular, was open-minded and provided assistance throughout the entire process.
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2024-01-10 18:38
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