Score

6.82 /10
Average

YUTAKA

Regulated in Japan

Retail Forex License

High potential risk

Good
B

Add brokers

Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index7.83

Business Index8.88

Risk Management Index0.00

Software Index7.05

License Index7.68

Time Machine
Website

Licenses

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

Single Core

1G

40G

open now
SMBC

Broker Information

More

Company Name

YUTAKA TRUSTY SECURITIES Co.,Ltd.

Company Abbreviation

YUTAKA

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 : 2024-12-22
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

YUTAKA · Company summary
YUTAKA Review Summary
Company Name YUTAKA TRUSTY SECURITIES Co.,Ltd.
Founded 15-20 Years
Registered Country/Region Japan
Regulation FSA (Regulated)
Market Instruments Commodities, Future Trading, Stock Index Futures Trading
Demo Account Available
Trading Software N/A
Supported Country Japan and China Only
Customer Support 24 Hour - Phone: +81 0120-365-281
Company Address 〒103-0014 東京都中央区日本橋蛎殻町1-16-12 ユタカビル

What is YUTAKA?

YUTAKA TRUSTY SECURITIES Co., Ltd., commonly known by its trading name YUTAKA, is a Japan-based securities company, operational for about 15 to 20 years. The company is regulated by the Financial Services Agency (FSA) of Japan, which grants the firm creditworthiness and assures that they abide by the financial regulations and standards set by the agency.

The company's headquarters are located at 1-16-12, Nihonbashi-Kakigara-Cho, Chuo-Ku, Tokyo. Customer support can be reached via phone at +81 0120-365-281. Inquiries can also be made via email.

YUTAKA's home page

Pros & Cons

Pros Cons
  • Regulated by FSA
  • Only Provide Service to Chinese and Japanese Citizens
  • Experienced Broker
  • Lack of Info on Trading Software
  • Limited Info on Trading Condition

Pros:

  • Regulated by FSA: YUTAKA is regulated by the Financial Services Agency, Japan. This gives the assurance that it operates within the financial regulations set out in Japan.

  • Experienced Broker: With about 15 to 20 years of operational experience, YUTAKA has amassed considerable market knowledge and insights, which could potentially contribute to a better trading experience for its clients.

Cons:

  • Only Provide Service to Chinese and Japanese Citizens: YUTAKA's services are only available to clients based in China and Japan. This significantly limits the demographics it caters to.

  • Lack of Info on Trading Software: YUTAKA does not disclose any information regarding the trading software used in its operations. This lack of transparency can limit a potential trader's understanding of the trading experience provided by YUTAKA.

  • Limited Info on Trading Condition: The lack of comprehensive information on trading conditions could be a significant drawback for traders aiming to make well-informed trading decisions.

Is YUTAKA Safe or Scam

YUTAKA TRUSTY SECURITIES Co., Ltd, also known as YUTAKA, is a regulated securities firm based in Japan. It is registered with and regulated by the Financial Services Agency (FSA) of Japan. The regulatory oversight by FSA lends significant credibility to the operations of YUTAKA, as the firm is required to comply with stringent regulatory standards set by the FSA.

regulated by FSA

Regulated firms are required to follow strict rules and guidelines, which typically include maintaining adequate capital reserves, conducting regular audits, following ethical trading practices, and providing transparency in operations. Additionally, they are expected to hold clients' funds in segregated accounts for added security.

As such, the regulatory status of YUTAKA imparts a level of reliability and trustworthiness to its services, making it a potentially safer choice for traders and investors. Regulation by a reputable regulatory agency like the FSA generally reduces the risk of fraud and malpractice, providing a safety net for clients' investments.

Market Instruments

  • Commodity Futures Trading: YUTAKA allows trading of various commodities like gold, gasoline, and corn on commodity exchanges. This involves buying and selling with the expectation of settlement or physical delivery within a specified period, often used for hedging against price fluctuations and asset management.

    • Commodity Futures Trading
  • Gold Bullion Sales: YUTAKA provides gold bullion at the lowest possible prices, allowing customers to purchase this valuable asset affordably.

  • Safe Number: YUTAKA introduces “Safe Number,” an original financial product that allows customers to utilize gold bullion without earning interest.

  • Platinum Club: The “Platinum Club” is another original financial product offered by YUTAKA, designed for shorter-term investments spanning three months.

Gold and Platinum (Spot)
  • Yutaka CFD (Contract For Difference): CFD is a type of financial product trading where the settlement is based on the price difference between buying and selling, settled in cash. YUTAKA offers CFD trading, which is capital-efficient, allowing leverage for trading larger positions with a smaller margin.

  • Click Kabu 365: YUTAKA provides stock index margin trading (CFD) on Japan's first public exchange platform called “Click Kabu 365.” This platform offers advantages such as safe exchange trading and ease of understanding investment targets, particularly focusing on the Nikkei Stock Average.

  • Click 365: YUTAKA also offers foreign exchange margin trading (FX) on Japan's first public exchange platform known as “Click 365.” This platform is listed on the Tokyo Financial Exchange and offers the benefits of trading on an exchange for foreign exchange trading.

Yutaka CFD/Yutaka24

YUTAKA also offers a robust stock index futures trading platform, with a primary focus on the Nikkei Stock Average,commonly known as the Nikkei 225. This trading service empowers investors to engage in futures contracts on the Nikkei 225 and its smaller counterpart, the Nikkei 225 mini.

Here are the key highlights of YUTAKA's stock index futures trading:

  • Margin Efficiency: YUTAKA's stock index futures trading is designed as a margin transaction, maximizing capital efficiency. Traders can control substantial positions with a relatively modest capital investment. This feature appeals to traders looking to optimize their capital utilization and gain exposure to stock index movements.

  • Two-Sided Trading: YUTAKA's platform allows traders to participate in both rising and falling markets. By facilitating both “buy” and “sell” positions, traders can profit from bullish and bearish price movements in the Nikkei 225 and Nikkei 225 mini.

  • Osaka Exchange Listing: The Nikkei 225 futures and Nikkei 225 mini contracts available on YUTAKA are listed on the Osaka Exchange, a member of the Japan Exchange Group (JPX). This affiliation with Japan's largest exchange group underscores the reliability and liquidity of these futures.

  • Global Popularity: Nikkei 225 futures have gained international recognition, with a substantial trading volume averaging around 200,000 units per day in 2020, especially for the standard Nikkei 225 futures. Their global popularity reflects their widespread appeal and attractiveness to traders worldwide.

  • Dedicated Support: YUTAKA is committed to providing exceptional customer support. Traders can access a dedicated representative who specializes in Nikkei 225 futures trading, ensuring that customers receive expert guidance and assistance tailored to their unique needs.

stock index futures trading

Conclusion

YUTAKA TRUSTY SECURITIES Co., Ltd., also known as YUTAKA, is a securities company based in Japan, with around two decades of operation in the financial services industry. Registered under the Financial Services Agency (FSA) of Japan, YUTAKA presents itself as a reliable and credible platform for traders and investors wanting to engage in multiple financial markets.

The company offers multiple tradeable financial products, including commodities like gold and platinum and futures trading on stocks and commodities. However, it primarily extends its services to Chinese and Japanese clients and fails to disclose the trading software it uses, which might not appeal to global investors and those interested in modern and advanced trading platforms. Overall, while YUTAKA seems to be a suitable choice for Japanese and Chinese traders, potential clients should also consider its limitations before committing to the platform.

Frequently Asked Questions (FAQs)

Q: Is YUTAKA regulated?

A: Yes, YUTAKA is regulated by the Financial Services Agency (FSA) in Japan.

Q: What financial instruments does YUTAKA offer?

A: YUTAKA offers a selection of investment products including commodity futures trading, focusing on gold and platinum, as well as stock index futures trading.

Q: Does YUTAKA provide services worldwide?

A: Currently, YUTAKA primarily provides service to Chinese and Japanese citizens.

Q: What trading software does YUTAKA use?

A: YUTAKA has not disclosed information about the trading software utilized.

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

A: You can reach YUTAKA's customer support via phone at +81 0120-365-281.

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.

User Reviews

More

User comment

1

Comments

Write a review

FX1373920458
more than one year
YUTAKA appears to be a reliable company with a long history and strict regulation. It's a pity that it only provides Japanese and Chinese services, so I don't think I have a chance to invest here. Anyways, I still have plenty of other options in this industry, since there're so many forex companies here.
YUTAKA appears to be a reliable company with a long history and strict regulation. It's a pity that it only provides Japanese and Chinese services, so I don't think I have a chance to invest here. Anyways, I still have plenty of other options in this industry, since there're so many forex companies here.
Translate to English
2023-03-16 13:42
Reply
0
0