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Phillip Securities -

Score

8.45 /10
Good

Phillip Securities

Japan

15-20 years

Regulated in Japan

Retail Forex License

MT5 Full License

https://www.phillip.co.jp/en

Capital Ratio

Good

Influence

B

Add brokers

Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index7.83

Business Index8.89

Risk Management Index9.90

Software Index9.36

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

Regulatory disclosure

Warning

JP FSA
2012-02-24
Administrative action against Phillip Securities Co., Ltd.
Phillip Securities
FX Clearing Trust

Broker Information

More

Company Name

Phillip Securities Japan, Ltd.

Company Abbreviation

Phillip Securities

Platform registered country and region

Japan

Number of employees

104

Company website

X

Facebook

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

A Visit to Phillip Securities in Japan -- Office Confirmed Existed

The investigators went to visit the dealer Phillip Securities in Tokyo, Japan as planned. The dealer’s logo can be found on the publicly displayed address, indicating that the dealer has a real business place. Unfortunately, the investigators failed to enter the company for internal visit and were only able to take pictures at the entrance of the building for confirmation, so the specific scale of

Good Japan

WikiFX Verification

Exposure

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

Even if I paid fines, late payments, and other fees, I still cannot withdraw for some reason, and at the end I lost contact from support.

A woman I met on Facebook led me to LINE and solicited a financial transaction. The trading platform is mt5.prafili.com. ID251 was issued for private use and the woman (ID198) puts $ 2000 in my account and told me to put the same amount of money instead. So, first I sent 30,000 yen to open an account, then 70,000 yen, then 100,000 yen to the designated Sumitomo Bank's personal account, and the transaction started with a transaction, so it was 5340 dollars, so withdrawal When I applied, I was suspected of money laundering and paid a fine of $ 3000. After that, I requested to pay $ 1000 because there was a delay in my withdrawal application, and I paid each time. Still not paid and I was asked for $ 1500. I haven't received any money yet.

FX2478212096
2022-01-23 17:33
Data Source WikiFX Data provide
Updated: 2025-01-21
Phillip Securities · Company summary
Phillip Securities Review Summary
Founded1920
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsSecurities, ETFs
Demo Account❌
Leverage/
Trading Platform/
Min Deposit/
Customer SupportContact form
Tel: +81-3-4589-3303
Address: 4-3, Nihonbashi Kabuto-cho, Chuo-ku, Tokyo,103-0026 Japan

Phillip Securities, operating under the umbrella of the Phillip Capital Group, has a rich history that dates back to 1920. The securities brokerage house became a part of the Phillip Capital Group in 2002. It is regulated by the Japan FSA. Their product offerings allow clients to trade on three domestic exchanges: TSE, OSE, and TOCOM.

Phillip Securities homepage

Pros and Cons

Pros Cons
Long-history operationNo demo accounts
Global presence with three officesLack of transparency
Regulated by FSA

Is Phillip Securities Legit?

Yes, Phillip Securities is regulated by the Financial Services Agency (FSA). It holds Retail Forex License with No. 関東財務局長（金商）第127号.

Regulatory Status Regulated
Regulated by Financial Services Agency (FSA)
Licensed Institution フィリップ証券株式会社
Licensed TypeRetail Forex License
Licensed Number関東財務局長（金商）第127号
Regulated by FSA

Products and Services

Phillip Securities offers three Domestic exchanges (TSE, OSE, and TOCOM) and Overseas exchanges(CME, ICE and SGX), ETF, and margin trading.

Products

Besides, it also offers related services including investment consultation, custodian proxy services, outside connectivity options, low latency options, and settlement options.

Services

Account

To open an account of Phillip Securities, you can fill in the account application forms. They claims that they accept account opening applications from most jurisdictions around the world including Singapore, Hong Kong, Australia, the United States, United Kingdom, and Cayman Islands.

Opening an accoount

User Reviews

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User comment

4

Comments

Write a review

79699
more than one year
I’m impressed with the technological infrastructure. Their electronic trading systems are reliable and offer advanced features that help me manage my trades effectively.
I’m impressed with the technological infrastructure. Their electronic trading systems are reliable and offer advanced features that help me manage my trades effectively.
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2024-06-18 10:34
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Abel Gert
more than one year
3 months into my Phillip Securities experience, I'm thoroughly impressed! They've got speedy withdrawals, low commissions, and the best part - 5-star customer service.👍👍👍
3 months into my Phillip Securities experience, I'm thoroughly impressed! They've got speedy withdrawals, low commissions, and the best part - 5-star customer service.👍👍👍
Translate to English
2024-05-08 16:16
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