Reason for this visit

As the world‘s third largest economy, Japan is the one of the forex trading hubs in Asia-Pacific. JPY has become one of the major currencies on forex trading market as the global trade and capital flow expands. The country boasts a large scale forex spot market, with an average daily transaction volume of around 300 billion US dollars. Institutional investors are the main participants, while the proportion of individual investors rises steadily. In the meantime, the Financial Services Agency (FSA) and the Securities and Exchange Surveillance Commission (SESC) in Japan impose more stringent regulations on forex brokers, requiring them to verify the customers’ identity and hold sufficient funds. Recent years have witnessed the rise of online trading platforms. In brief, with an increasingly strict regulatory rules, Japans forex market is set to embrace bright prospects – or a more stable global role for JPY. In an attempt to help investors better understand the current situation of forex brokers in Japan, WikiFX survey team decides to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to Japan to visit forex broker Okigin Securities Limited as planned according to its regulatory address that Naha-shi, Okinawa-ken, 900-0033 Japan.

A seasoned and professional inspection team, committed to safeguarding investor interests, conducted a meticulously planned on-site verification of the forex broker Okigin Securities Limited at 2-4-16 Kume in Naha City, Okinawa.

The target company‘s building is located in the central area of Naha City, Okinawa Prefecture, adjacent to a main road with heavy traffic and dense vehicle flow. The building features a modern architectural style, with moderate height and no visible signs of exterior damage or aging. The surrounding area is concentrated with commercial facilities and experiences high pedestrian activity. The main entrance faces the main road, ensuring easy identification, though the company’s signage is relatively understated and requires close observation to notice. Notably, there is a dedicated parking lot approximately 50 meters away, providing convenient parking for visitors and employees.

The company‘s logo is positioned on the building’s exterior façade, with an orchid motif as its central design element, exuding simplicity and elegance. Although the logo is moderately sized and lacks eye-catching decorations such as neon lights, its prominent placement (near the main entrance) ensures clear visibility in daylight. Additionally, no other corporate logos are present nearby, ruling out the possibility of shared office space.

However, as the company‘s main entrance was securely closed, it was impossible to enter the premises for an internal inspection. Therefore, limited to external observation and without actual access to the interior, the office’s interior design style could not be assessed in detail, and the exact number of employees or individual rooms could not be determined.

Through the on-site investigation, it is confirmed that Okigin Securities Limited maintains a physical presence at the place.

Conclusion

The survey team went to Japan to visit forex broker Okigin Securities Limited as scheduled and found the companys name at its regulatory address. This signifies that the broker has a physical office at the location. However, the actual office size of the broker cannot be verified due to the entry restriction. Accordingly, investors are advised to make a sensible decision following much deliberation.

Disclaimer

The content is used for informational purposes only and shall not be taken as a final order for making a choice.