Abstract:YM Securities, founded in 2007 and headquartered in Japan, operates under the regulatory oversight of FSA. It is mainly engaged in financial instruments business. Securities offers customer support during weekdays from 9:00 to 19:00 via telephone at 083-223-0190 or 0120-789902.
YM Securities Review Summary | |
Founded | 2007 |
Registered Country/Region | Japan |
Regulation | Regulated by FSA |
Market Instruments | Stocks (domestic stocks, foreign stocks, ETFs, REITs), bonds (domestic bonds, structured bonds, foreign bonds), and investment trusts |
Demo Account | Unavailable |
Trading Platforms | N/A |
Minimum Deposit | N/A |
Customer Support | (9:00-19:00 on weekdays) telephone: 083-223-0190 or 0120-789902 |
YM Securities, founded in 2007 and headquartered in Japan, operates under the regulatory oversight of FSA. It is mainly engaged in financial instruments business. Securities offers customer support during weekdays from 9:00 to 19:00 via telephone at 083-223-0190 or 0120-789902.
If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.
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- Regulatory Oversight: Being regulated by Japan's Financial Services Agency (FSA) provides customers with a sense of security and trust, knowing that YM Securities operates under strict regulatory guidelines.
- Transparent Pricing: YM Securities offers fair and transparent pricing with its tiered commission structure and tailored fees for various financial instruments. This transparency helps customers understand the costs associated with their investments.
- Diverse Market Instruments: YM Securities provides access to a wide range of market instruments including stocks (domestic and foreign), bonds (domestic and foreign), ETFs, REITs, and investment trusts, offering customers opportunities to diversify their investment portfolios.
- Limited Availability: While YM Securities provides comprehensive customer support during weekdays, some customers will find the lack of support during weekends or extended hours as a limitation, especially if they require assistance outside of regular business hours.
- Currency Exchange Fees: While YM Securities strives to offer competitive rates for currency exchange transactions, customers find the fees associated with smaller transactions slightly higher compared to larger transactions within the same currency bracket. This could impact the overall cost-effectiveness for certain clients.
- Language Barrier: As YM Securities is based in Japan, customers who do not speak Japanese will encounter language barriers, particularly if customer support is primarily offered in Japanese. This could pose challenges for international customers seeking assistance.
YM Securities operates under the regulatory oversight of Japan's Financial Services Agency (FSA), holding a Retail Forex License with License No. 中国財務局長(金商)第8号. The FSA is a reputable authority that monitors and regulates all financial services providers, including Forex brokers, within Japan.
With years of operation under its belt, YM Securities has garnered positive feedback from numerous satisfied customers, bolstering its reputation in the industry. While YM Securities is recognized for its regulatory compliance and positive customer reviews, there are inherent risks involved.
YM Securities offers a comprehensive array of trading instruments tailored to meet various investment needs and preferences. Heres a breakdown of their trading instruments:
- Domestic Stocks: Shares of companies listed on domestic stock exchanges, allowing investors to directly participate in the equity ownership of local companies.
- Foreign Stocks: Stocks of companies listed on international stock exchanges, providing opportunities for diversification and exposure to global markets.
- ETFs (Exchange-Traded Funds): Investment funds traded on stock exchanges, comprising a basket of securities such as stocks, bonds, or commodities. ETFs offer diversification and flexibility similar to mutual funds but trade like individual stocks.
- REITs (Real Estate Investment Trusts): Securities that invest in real estate assets, offering investors exposure to income-producing properties such as commercial real estate or residential rental properties.
- Domestic Bonds: Debt securities issued by domestic entities, including governments, corporations, or municipalities, providing fixed income through periodic interest payments and return of principal at maturity.
- Structured Bonds: Bonds with customized features or underlying assets designed to meet specific investment objectives or risk profiles, often incorporating derivatives or other financial instruments.
- Foreign Bonds: Bonds issued by foreign entities, offering diversification benefits and potential exposure to different interest rate environments or economic conditions.
Investment vehicles that pool funds from multiple investors to invest in a diversified portfolio of assets, such as stocks, bonds, or other securities. Investment trusts, also known as mutual funds, are professionally managed and offer investors access to a wide range of investment opportunities with varying risk levels and potential returns.
To open an account with YM Securities, please follow these steps:
Step | |
1. Prepare Required Documents | - Obtain a delivery seal.- Gather identification documents (within expiration date or issued within the last six months).- Prepare documents to confirm transfer account.- Present one of the specified documents for Individual Number verification. |
2. Application Process | - Complete the “Securities Comprehensive Service Application Form.”- Optionally, request materials in advance from “Document Requests and Inquiries.”- Provide personal details including address, name, investment objectives, fund characteristics, and investment experience. |
3. Account Opening Timeline | - Account opening process typically takes about one week, but may vary depending on circumstances.- YM Securities reserves the right to refuse account opening if requirements are not met. |
4. Account Opening Confirmation | - Upon completion of procedure, YM Securities opens a trading account for the customer.- Customer receives a “Notice of Account Opening” sent to registered address. |
YM Securities employs a tiered commission structure and fees tailored to various financial instruments, ensuring fair and transparent pricing for its customers.
Focusing on stock transactions, for example, the commission fees vary depending on the contract price, with a minimum fee established to maintain accessibility for investors of all scales. For instance, for contracts valued at 1,000,000 yen or less, a commission of 1.1550% of the contract price is applied, with a minimum fee of 2,750 yen.
Besides, when dealing with the US dollar, exchange transactions of less than $100,000 incur a fee of approximately ± ¥0.50 of fees, while transactions ranging from $100,000 to less than $1,000,000 have a lower fee of approximately ±¥0.25. More details can be learned through click: https://www.ymsec.co.jp/fee/.
YM Securities offers a convenient and efficient deposit and withdrawal process for its customers, providing multiple options to suit their preferences.
One of the primary methods available is through the EASY NET account transfer service, which allows for seamless transactions without the hassle of physical paperwork or delivery stamps. Customers can transfer funds up to 100 million yen without incurring any commission fees, providing a cost-effective solution for managing their investments.
For those preferring traditional bank transfers, YM Securities accommodates deposits and withdrawals through accounts held at reputable financial institutions such as Yamaguchi Bank, Momiji Bank, and Kitakyushu Bank. This offers customers flexibility in managing their finances, allowing them to utilize their preferred banking services for transactions with YM Securities.
Customers can visit their office or get in touch with customer service line using the information provided below:
9:00-19:00 on weekdays
Telephone: 083-223-0190 or 0120-789902
Address: 4-7-24 Takezaki-cho, Shimonoseki City, Yamaguchi Prefecture (9th floor, Esttrust Shimonoseki Center Building.
In conclusion, YM Securities stands out as a reputable brokerage firm offering a range of major products and services tailored to meet diverse investment needs. Despite some limitations such as limited availability of customer support outside of weekdays, currency exchange fees, and language barriers for non-Japanese speakers, YM Securities remains committed to transparent pricing, fair fees, and convenient services.
Q 1: | Is YM Securities regulated by any financial authority? |
A 1: | Yes. It is regulated by FSA. |
Q 2: | How can I contact the customer support team at YM Securities? |
A 2: | You can contact via (9:00-19:00 on weekdays) telephone: 083-223-0190 or 0120-789902. |
Q 3: | Does YM Securities offer demo accounts? |
A 3: | No. |
Q 4: | What services and products YM Securities provides? |
A 4: | It provides stocks (domestic stocks, foreign stocks, ETFs, REITs), bonds (domestic bonds, structured bonds, foreign bonds), and investment trusts. |
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.