SHIMADAI Review - Is It a Reliable Security Platform? - WikiFX

Founded in 2011, Shimadai Securities is a Japanese brokerage firm regulated by the Financial Services Agency (FSA). The company offers diverse market instruments, including stocks, mutual funds, bonds, and investment trust. However, information on trading platforms and accounts is limited. Additionally, the firm only supports the Japanese language on its website.

Pros and Cons

Is SHIMADAI Legit?

Yes, at present, SHIMADAI is regulated by FSA, holding a Retail Forex License.

Regulated Country	Regulated Authority	Regulated Entity	Current Status	License Type	License Number
	Financial Services Agency (FSA)	島大証券株式会社	Regulated	Retail Forex License	北陸財務局長（金商）第6号

What Can I Trade on SHIMADAI?

On SHIMADAI, you can trade with stocks, mutual funds,bonds, and investment trust.

Fees

For detailed fee structure, you can refer to their website: https://shimadai.com/service/. However, it seems that the language only supports Janpanese.