Score

1.56 /10
Danger

TOGAKU

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

D

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Score

Regulatory Index0.00

Business Index7.38

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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

Single Core

1G

40G

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The JapanFSA regulation (license number: 関東財務局長(金商)第247号) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

TOGAKU · Company summary
TOGAKU Review Summary
Founded 15-20 years
Registered Country/Region Japan
Regulation FSA (Regulated)
Market Instruments N/A
Demo Account Unavailable
Leverage N/A
EUR/ USD Spreads N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Phone, email, online messaging

What is TOGAKU?

TOGAKU is an online trading platform that offers a range of financial services. It is regulated by the Financial Services Agency (FSA), which oversees all financial services providers in its jurisdiction. As part of its trading platform, TOGAKU provides online messaging functionality to facilitate communication between users.

TOGAKU's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• FSA (Regulated) • No demo accounts
• Limited research selection

TOGAKU Alternative Brokers

There are many alternative brokers to TOGAKU depending on the specific needs and preferences of the trader. Some popular options include:

  • GTJA - A prominent financial provider which has established a strong presence in the Chinese securities industry and offers a wide range of financial services to individuals and institutional clients.

  • Rakuten Securities - A financial services provider that offers online trading services for forex, commodities, indices, and stocks.

  • Kotobuki Securities - A registered securities whose business content covers financial instrument (Mediation, Agency, etc, of entrustment of securities trading).

Is TOGAKU Safe or Scam?

TOGAKU is regulated by the Financial Services Agency (FSA) oversees all financial services providers, including Forex brokers, in Japan. The ultimate aim of Japan's FSA is to maintain the countrys financial system and ensure its stability.

regulated by FSA

It is regulated by reputable authorities, has been in operation for several years, and has received positive reviews from many customers. Based on the information available, TOGAKU appears to be a reliable and trustworthy broker.

However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: 03-5521-1388

+81 355211388

+852 0120982388

Email: info@easthillfx.com

TOGAKUoffers online messaging as part of their trading platform. This allows traders to communicate with customer support or other traders directly through the platform. Online messaging can be a convenient way to get real-time assistance or to engage in discussions with fellow traders.

online messaging

Conclusion

In conclusion, TOGAKU is an online trading platform that operates under the regulation of the Financial Services Agency (FSA). The FSA is responsible for overseeing all financial services providers in its jurisdiction, ensuring compliance with applicable laws and regulations. This regulatory oversight provides users of TOGAKU with a level of confidence and protection when engaging in financial activities on the platform.

Frequently Asked Questions (FAQs)

Q 1: Is TOGAKU regulated?
A 1: Yes. It is regulated by FSA.
Q 2: How can I contact the customer support team at TOGAKU?
A 2: You can contact via telephone, 03-5521-1388, +81 355211388 and +852 0120982388 and email, info@easthillfx.com.
Q 3: Does TOGAKU offer demo accounts?
A 3: No.
Q 4: Is TOGAKU a good broker for beginners?
A 4: No. Because it provides little information on the website, which makes trade not transparent and safe.

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.

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