Score

7.97 /10
Good

Masumo

Regulated in Japan

Retail Forex License

Suspicious Scope of Business

Medium potential risk

Good
C

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index7.83

Business Index8.86

Risk Management Index8.90

Software Index7.05

License Index7.83

Open Account
Website

Licenses

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

Single Core

1G

40G

open now
JSF Trust and Banking

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2024-09-20
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Masumo · Company summary

General Information & Regulation of Masumo

Masumo Securities is a Japanese securities brokerage firm, first established in 1945 and headquartered in Fukui, Japan. It is a member of the Japan Securities Dealers Association and the Financial Futures Trading Association and provides investors with trading services in foreign exchange margin, stocks, securities, and investment trusts. Masumo Securities is currently regulated by the Japan Financial Services Agency and holds its authorized retail foreign exchange license, regulatory number: 9210001003848.

Products of Masumo

Masumo Securities provides investors with products and services such as foreign exchange margin trading, stocks (stocks from the Tokyo Stock Exchange and Nagoya Stock Exchange), bonds (national bonds, local bonds, bonds during government relations, foreign bonds), and investment trusts (domestic stock types, overseas stock types, real estate-related types, other asset types, etc.).

Minimum Deposit of Masumo

The minimum deposit requirements are not shown on the Masum official website, so we have no idea about the precise amount to trade with this broker.

Leverage of Masumo

Masumo is mainly a stockbroker, with no leverage information displayed on its official website. We have no idea the precise amount to trade with this broker.

Account Management Fee of Masumo

There is no account management fee for depositing stocks and preferred securities into your Masumo Securities account. When transferring stocks, etc., to other companies through the Japan Securities Depository, the account transfer fee is 1,100 yen (tax included) per issue, up to a maximum of 22,000 yen (tax included).

Forex Transaction fees of Masumo

Commissions is 550 yen for each order of USD/JPY, EUR/JPY/GBP, etc. In the case of daily measurement (settlement of positions by buying and selling on the same day), a commission of 275 yen (tax included) is charged in principle. Commissions set by Masumo Securities are subject to change.

Stock Trading Fees of Masumo

For stock transactions, Masumo Securities will charge a commission of up to 1.265% (including tax) (or 2,750 yen (including tax) if the commission amount is less than 2,750 yen). If an investor purchases domestic stocks by quotation, etc., only the purchase price will be paid. For overseas consignment transactions of foreign stocks, a commission of up to 1.375% (tax included) will be charged on the contract amount.

Investment Trust Fees of Masumo

An application fee of up to 3.85% (tax included) will be charged when applying for an investment trust. In addition, up to 0.5% of the retained amount of the trust property will be assumed at the standard price at the time of redemption as a fee to be borne upon redemption. As an indirect cost during the holding period of the investment trust, the investor is responsible for a trust fee of up to 2.09% (tax inclusive, annual rate) of the total net assets of the trust property. Other costs include audit fees, commissions on the purchase and sale of securities, and the cost of storing assets abroad, which varies by product.

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment