Score

1.54 /10
Danger

HOKKOKU

Suspicious Regulatory License

High potential risk

B

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Exposure

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Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

HOKKOKU · Company summary
HOKKOKUReview Summary
Founded1943
Registered Country/RegionJapan
RegulationNo regulated
Products & ServicesMortage, Loan services, Asset Management, Investment trusts, Future planning, NAVI, Foreign exchange related services
Trading PlatformHokkoku Cloud Banking App, Hokkoku Debit App
Customer SupportLive chat
Address: Kanazawa City in Ishikawa Prefecture, Japan
Social media: YouTube, Line, X and Instagram
https://www.hokkokubank.co.jp/other/contact/index.html

HOKKOKU, short for The HOKKOKU Bank., is a Japanese banking institution offering a range of financial services. For individuals, it provides bank accounts, loans, asset management, and future planning etc. Corporate clients benefit from payment services, cash management, forex, startup support, pension plans, and management consulting and so on. However, operating without valid regulation raises concerns for investors.

HOKKOKU Review Summary

Pros and Cons

Pros Cons
Various financial products and servicesNot regulated
Many years' experienceVarious fees charged

Is HOKKOKU Legit?

HOKKOKU is not regulated by any financial authorities. It doesn't need to obey the rules of any regulations. Traders should be cautious when trading.

Is HOKKOKU Legit?

Products and Services

For individual customers, HOKKOKU provides essential banking services such as bank accounts and loans, along with asset management and future planning assistance.

Meanwhile, corporate and business clients benefit from a comprehensive suite of services including payment processing, efficient cash management solutions, specialized forex services, dedicated support for startups, pension plan administration, employee benefits management, and strategic management consulting etc.

Products & ServicesSupported
Mortage
Loan services
Asset Management
Investment trusts
Future planning
NAVI
Foreign exchange related services
Is HOKKOKU Legit?

Account Type

HOKKOKU offers two account types: children account and adult account.

Commissions and Fees

Service Fee

Transfer FeeTo Hokuriku BankTo Other Financial Institutions
Bank Transfer Fee770 yen1100 yen
ATM Transfer Fee440 yen770 yen
Hokuriku Digital Banking Transfer Fee330 yen
Hokuriku Farm Banking “Kantaro” Transfer Fee330 yen660 yen
Automatic Transfer Fee440 yen770 yen

Currency Exchange Fee

Amount of ChangeFee Amount
1 to 10 sheets
11 to 1000 sheets770 yen
1001 or more770 yen extra for every 1,000 sheets

Large Amount of Coin Handling Fee

Number of Items HandledFee Amount
1 to 50 sheets
51 to 1000 sheets770 yen
1001 or more770 yen extra for every 1,000 sheets

You can find more detailed info on fees via https://www.hokkokubank.co.jp/commission/yushi.html

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Hokkoku Cloud Banking AppMobileExperienced traders
Hokkoku Debit AppMobileExperienced traders

Deposit and Withdrawal

HOKKOKU accepts payments via bank transfer, foreign currencies and loans.

The fees for deposit or withdraw in Japanese Yen is 1 yen per US dollar.

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