Score

7.94 /10
Good

Tokai Tokyo

Regulated in Japan

Retail Forex License

Suspicious Scope of Business

Medium potential risk

Good

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index7.83

Business Index8.60

Risk Management Index8.90

Software Index7.05

License Index7.83

Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Regulatory disclosure

More

Rakuten Trust

Broker Information

More

Company Name

Tokai Tokyo Securities CO.,LTD.

Company Abbreviation

Tokai Tokyo

Platform registered country and region

Japan

Number of employees

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2024-09-19
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Tokai Tokyo · Company summary

General Information

Tokai Tokyo Financial Holdings, Inc. is a Japanese financial services holding company headquartered in Chūō, Tokyo. It is mainly involved in providing brokerage services through its subsidiary Tokai Tokio Securities. Tokai Tokyo Securities was formed from a merger between Tokai Maruman Securities and Tokyo Securities in 2009. Tokai Maruman itself was the product of a merger between Maruman and Tokai in 1996. Maruman, Tokai and Tokyo Securities were founded in 1908, 1944 and 1929 respectively. In 2009, the group restructured to create Tokai Tokio Financial Holdings as the listed holding company. Tokai Tokio Securities CO.,LTD is currently authorized and regulated by Financial Service Agency of Japan, with regulatory license number: 5180001088789.

Products & Services

The products that can be handled are domestic stocks (some stocks cannot be handled) domestic investment trusts, and Government Bond Fund“, MMF, ”Domestic Bond, Foreign Currency MMF, and Foreign Bond.

Account Opening

You can open an account from our website, “Application for opening an account”.

If you would like to open an account at a branch office, Tokai Tokyo will guide you to the nearest branch office, so please contact the customer support center. You can apply for the Easy Direct Service account opening and NISA account opening at the same time. However, since there are necessary procedures such as application to the tax office before opening an NISA account, it cannot be opened at the same time

Fees

The same fees as for online trading are applied to the stock brokerage fees related to smartphone transactions.

Deposit & Withdrawal

For Customers using the Tokai Tokyo Card, Japan Post Bank ATMs, Bank of Tokyo -Mitsubishi UFJ ATMs, and Bank of Tokyo -Mitsubishi UFJ will make cash payments from the management bank convenience store ATMs and Seven Bank ATMs. After selecting “Deposit” on the first screen of the ATM, insert the Tokai Tokyo Card.

It will be credited to your securities general account in real time.

If you do not use the Tokai Tokyo Card, Please transfer from the bank counter, ATM, or online banking to the transfer account “Mitsubishi UFJ Bank Tokai Tokyo Securities Transfer Branch Customer Number 7 Digits”.

Withdrawals from online trading are possible when using the Anshin Comprehensive Service. After logging in, click “Withdrawal Instruction” from the deposit / withdrawal menu. Tokai Tokyo will transfer the money to the registered financial institution account. The Tokai Tokyo Card fee is free for both deposits and withdrawals.

Pros & Cons

Pros Cons
FSA-regulated A prescribed fee required
Convenient account-opening process
A Wide range of products & services
Customer support center provided

Frequently Asked Questions

Is Tokai Tokyo regulated?

Tokai Tokyo was established in 2006, and regulated by the FSA in Japan under license number: 5180001088789.

What is the minimum deposit amount required to make a start with Tokai Tokyowas ?

The minimum deposit amount required to trade with Tokai Tokyo is not disclosed.

Does Tokai Tokyo offer customer support?

You can find some basic answers on its FAQ section, with a customer support center presented.

User Reviews

More

User comment

4

Comments

Write a review

 kvb刘跃文141319
more than one year
En general, el servicio de Tokai es satisfactorio, pero me detuve en el último paso antes de abrir una cuenta. Esta empresa requiere que pague una tarifa por adelantado. Sé que esto puede no ser una estafa, pero no quiero correr el riesgo. ¿Por qué no comercio con un corredor que es completamente libre de abrir una cuenta?
En general, el servicio de Tokai es satisfactorio, pero me detuve en el último paso antes de abrir una cuenta. Esta empresa requiere que pague una tarifa por adelantado. Sé que esto puede no ser una estafa, pero no quiero correr el riesgo. ¿Por qué no comercio con un corredor que es completamente libre de abrir una cuenta?
Translate to English
2022-11-22 14:51
Reply
0
0
FX1016118294
more than one year
Tokai Tokyo’s trading app is easy to use, no need to install trouble apps. However, its customer support seems not responsive…
Tokai Tokyo’s trading app is easy to use, no need to install trouble apps. However, its customer support seems not responsive…
Translate to English
2022-11-17 13:39
Reply
0
0