What Is Daisenhinomaru？
Daisenhinomaru Securities Co., Ltd., established in 1957, is a reputable securities firm headquartered in Tottori, Japan. Regulated by the Financial Services Agency (FSA), it operates within the stringent regulatory framework set forth by Japanese financial authorities, with a capital of 215 million yen and membership in the Japan Securities Dealers Association.
Pros & Cons
Pros:
Regulated by FSA: Being regulated by the Financial Services Agency (FSA) of Japan ensures that Daisenhinomaru Securities Co., Ltd. complies with the regulatory standards and requirements set forth by the Japanese regulatory authority.
Established in 1957: With a history dating back to 1957, Daisenhinomaru has accumulated decades of experience in the financial industry.
Various Market Instruments Provided: Daisenhinomaru offers a diverse range of market instruments, including stocks, investment trusts, government bonds, ETFs, forex, bonds, and commodity futures.
Is Daisenhinomaru Safe or Scam？
Regulatory Sight: The regulatory oversight of Daisenhinomaru Securities Co., Ltd. is conducted by the Financial Services Agency (FSA) of Japan. The company holds a Retail Forex License issued by the FSA, with license number “Secretary for Financial Services and the Treasury of the People's Republic of China (Jinshang) No. 5”. This license indicates that Daisenhinomaru is authorized to engage in retail forex trading activities under the supervision and regulations of the Japanese financial authorities.
User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
Security Measures: So far we haven't found any information about the security measures for this broker.
Products
Stocks: Clients can invest in shares of publicly listed companies, providing opportunities for capital appreciation and dividends.
Investment Trusts: Also known as mutual funds, investment trusts allow investors to pool their funds together to invest in a diversified portfolio of assets managed by professional fund managers.
Government Bonds: Daisenhinomaru provides access to government bonds, offering fixed-income securities issued by national governments.
ETFs (Exchange-Traded Funds): ETFs are investment funds that are traded on stock exchanges, representing a basket of assets such as stocks, commodities, or bonds.
Forex (Foreign Exchange): Clients can trade various currency pairs in the forex market, speculating on the exchange rate movements between different currencies.
Bonds: Daisenhinomaru offers bonds from global, Asian, and emerging market bond indices, providing opportunities for fixed-income investments across different regions.
Commodities: Clients can invest in commodity futures products such as gold, silver, and crude oil, allowing exposure to the price movements of these underlying assets.
Shareholder Communities: Daisenhinomaru may also provide access to shareholder communities or forums, allowing clients to engage with other investors and share insights and information about various investment opportunities.
How to Open an Account？
To open an account with Daisenhinomaru for trading securities, follow these steps:
Visit a Daisenhinomaru branch: Investors can visit a Daisenhinomaru branch nearest to their location to initiate the account opening process.
Meet with a representative: Upon visiting the branch, investors will be assigned a dedicated representative who will assist them throughout the account opening process.
Provide required documents: Investors will need to provide certain documents such as a personal seal (common in Japan for official documents), a bank account details, and personal identification documents like a passport or driver's license.
Submission and review: The provided documents will be submitted to Daisenhinomaru for review. The company will verify the information provided by the investor, which typically takes a few days.
Account confirmation: Once the review process is complete and the account is successfully opened, investors will receive confirmation from Daisenhinomaru.
Trading instructions: After the account is confirmed, investors will receive instructions from their designated representative on how to proceed with trading. This can be done via phone, in-person visit, or counter service at the branch.
Fees
Daisenhinomaru Securities Co., Ltd. charges fees for stock transfers based on the number of shares being transferred:
For transfers of 1 share and below: 1,100 yen.
For transfers of between 1 and 10 shares: 550 yen.
For transfers of 10 shares and above: a flat fee of 6,600 yen.
Government Bonds
In the case of individual government bonds, bondholders receive interest payments every six months. These bonds come in two main types: floating-rate and fixed-rate. Floating-rate bonds have a maturity period of 10 years and their interest rates fluctuate based on prevailing market rates. On the other hand, fixed-rate bonds have maturity periods of 3 or 5 years, and their interest rates remain constant throughout the bond's term.
Customer Support
Telephone: Clients can reach the company's customer support team by calling +81 0857-21-1111 during operating hours.
Fax: For those who prefer fax communication, the company can be contacted at 0857-24-2222.
Contact Form: An online contact form is available on the company's website, allowing clients to submit inquiries or requests electronically.
Company Address: Clients can also visit the company's office located at 3-101 Yoshikata Onsen, Tottori City, Japan, for in-person assistance or meetings with representatives.
Conclusion
Daisenhinomaru Securities Co., Ltd. is a well-established and regulated securities firm based in Japan, offering multiple investment products and services to clients. With its long history and regulatory oversight by the FSA, it is relatively reliable.
Frequently Asked Questions (FAQs)
Q: Is Daisenhinomaru regulated or not？
A: Yes, it is regulated by FSA.
Q: Can I trade metals on Daisenhinomaru？
A: Yes, you can. They do support commodities trading, which includes metals.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
