Abstract:Daiman Securities Co., Ltd. was established on April 30, 1948, a registered member NO.14 of Tokai Finance Bureau Director (Financial Instruments) No. 14 and a member of Japan Securities Dealers Association. The business content of Daiman Securities include Buying and selling of securities Mediation, agency, or agency for the buying and selling of securities, Mediation, agency, or agency for consignment of trading transactions in the securities market, Handling of solicitation or sale of securities, Cumulative investment contract conclusion business, Other business related to securities business, Business incidental to each item before renting real estate. Daiman Securities Co., Ltd. is authorized and regulated by Financial Service Agency, with regulatory license number 8180001037553.
Aspect | Information |
Company Name | DAIMAN Securities Co., Ltd. |
Registered Country/Area | Japan |
Founded Year | 2007 |
Regulation | Financial Services Agency of Japan (FSA) |
Market Instruments | Stocks (domestic & foreign), Investment Trusts (domestic & foreign), Bonds, Foreign Exchange (Forex) |
Account Types | Individual, Margin, Joint, Custodial |
Minimum Deposit | N/A |
Spreads | Variable, depend on currency pairs (Forex) |
Trading Platforms | Face-to-face consultation |
Demo Account | Not available |
Customer Support | Phone: 052-231-7371 (9:00 - 17:00, excluding weekends & holidays) |
Deposit & Withdrawal | Bank Transfer, Cash Deposit (branch specific) |
Educational Resources | N/A |
DAIMAN Securities Co., Ltd., a Japanese company regulated by the Financial Services Agency (FSA), offers a variety of investment products including domestic and foreign stocks, bonds, investment trusts, and forex trading. They satisfy individual needs with various account types but lack the traditional online platform, instead opting for face-to-face consultations at branches.
Deposits can be made via bank transfer or cash deposit (branch specific), with withdrawals incurring transaction fees. While educational resources aren't explicitly mentioned, customer support is available by phone during business hours.
Pros | Cons |
Personalized Service | Limited Accessibility |
Comprehensive Investment Options | No Online Platform |
Suitable for Beginners | Limited Research Resources |
Focus on Investor Protection |
Pros
Personalized Service: DAIMAN's face-to-face approach offers a significant advantage for investors seeking tailored guidance and risk management. Experienced advisors can assess your financial goals, risk tolerance, and investment experience to recommend suitable products and strategies.
Comprehensive Investment Options: DAIMAN provides a diverse range of investment products satisfying different risk profiles and investment goals. They offer domestic and foreign stocks, bonds, investment trusts, and foreign exchange trading. This variety allows you to create a well-diversified portfolio that aligns with your investment objectives.
Suitable for Beginners: The personalized guidance offered by DAIMAN's advisors can be a valuable asset for those new to investing. Advisors can help you understand investment concepts, navigate the complexities of the market, and develop sound investment strategies.
Focus on Investor Protection: As a company regulated by the Japanese Financial Services Agency (FSA), DAIMAN is required to adhere to strict investor protection standards. These regulations ensure transparency, fair dealing, and the proper handling of client funds.
Cons
Limited Accessibility: DAIMAN's reliance on physical branches for account opening and consultations can be inconvenient for those who value the flexibility and ease of online access. This approach might be less suitable for investors who prefer to manage their accounts remotely or have limited time to visit branches during operating hours.
No Online Platform: Unlike many online brokers, DAIMAN doesn't offer a traditional online trading platform. This means you cannot place orders, monitor your portfolio, or access research tools remotely. The lack of an online platform limit your ability to react quickly to market changes or manage your investments on your own schedule.
Limited Research Resources: Online resources and research platforms are often valuable tools for investors to conduct independent research and make informed investment decisions. The lack of readily available research resources could limit your ability to independently analyze investment options.
DAIMAN operates under the regulation of the Financial Services Agency of Japan. It holds a Retail Forex License issued by the regulatory authorities in Japan, specifically the 東海財務局長(金商)第14号 license.
This indicates that DAIMAN is authorized to offer retail forex trading services within the jurisdiction of Japan. Compliance with regulatory standards ensures that DAIMAN adheres to the legal and operational requirements set forth by the regulatory authorities, promoting transparency, reliability, and investor protection.
DAIMAN offers a comprehensive array of investment products for both domestic and international markets.
Investors can engage in stock trading, encompassing both domestic Japanese stocks and foreign equities. This flexibility allows for diversified exposure across various global exchanges.
Additionally, DAIMAN facilitates investment in investment trusts, akin to mutual funds, providing a means to spread risk across diverse asset classes like stocks, bonds, and real estate. These trusts are available for both domestic and foreign markets, broadening investment horizons.
For those seeking fixed-income options, DAIMAN provides access to bond investments. These include debt securities issued by corporations and governments, offering avenues for stable returns.
Furthermore, DAIMAN Securities offers bonds with subscription rights to shares, adding an element of potential equity participation for investors. This feature enables investors to capitalize on future opportunities to purchase shares at predetermined prices.
In the realm of currency trading, DAIMAN Securities facilitates foreign exchange trading, commonly referred to as forex trading. This avenue enables investors to speculate on currency exchange rate movements, opening doors to potentially lucrative opportunities in the dynamic global forex market. With these offerings, DAIMAN empowers investors with a diverse range of investment options tailored to their financial objectives and risk preferences.
DAIMAN offers various account types to satisfy different investor needs and risk tolerances.
Individual Account is the most basic account type, suitable for individual investors. It allows you to buy and sell securities in your own name and manage your portfolio independently.
A Margin Account allows you to borrow money from DAIMAN Securities to invest in securities. This can amplify your potential returns, but it also increases your risk as you'll be responsible for repaying the borrowed funds plus interest. Margin accounts are typically suited for experienced investors comfortable with higher risk.
A Joint Account allows you to hold an account with another person, such as a spouse or business partner. You'll decide how the account is owned, typically as joint tenants with rights of survivorship (meaning the surviving owner inherits the entire account) or tenants in common (where ownership percentages are specified).
Custodial Account is for managing assets on behalf of a minor or someone deemed unfit to manage their own finances. A custodian, typically a parent or legal guardian, controls the account and makes investment decisions in the beneficiary's best interest.
DAIMAN only accepts account opening in person at their physical branches.
Step 1: Account Application
Visit your nearest branch with valid identification documents. Bring one of the following: resident certificate, seal registration certificate, residence card, driver's license, health insurance cards, or My Number card. Ensure documents match application details and are within validity period. If using a health insurance card, obscure certain details. Original seal documents must be issued within six months.
Step 2: Application Form Completion
Complete the application form at the branch.
Step 3: Account Opening
Your account will be opened after the application date.
Step 4: Start of Trading
Feel free to consult with the staff at your nearest branch to start trading. Please note that orders will be accepted after confirmation of the deposit of the advance payment.
DAIMAN imposes various spreads and commissions across its range of investment products and services.
Stock Trading (Domestic and International):
For domestic and international stock trades, commissions are calculated based on the transaction value. The commission rates range from 0.2200% to 1.2100% of the transaction value, with minimum commissions set at ¥2,750 for transactions up to ¥1,000,000.
Investment Trusts:
Commissions for investment trusts vary based on the transaction amount, ranging from 0.3520% to 1.0450% of the transaction value, with additional fixed fees for larger transactions.
Foreign Exchange Trading (Forex):
DAIMAN provides foreign exchange trading with spreads applied to currency transactions. Spreads differ for various currency pairs, with adjustments made to the exchange rates based on the transaction direction.
Foreign Stock Trading:
Commissions for trading foreign stocks are structured based on the transaction amount, with rates ranging from 0.2200% to 0.990%, along with fixed fees depending on the transaction size.
Additional Charges:
Additional charges apply for specific markets such as the United States and China, including exchange fees, stamp duties, transaction taxes, and regulatory charges.
For more details, please refer to the table on the website (https://www.daiman.co.jp/lineup/#lineup04).
DAIMAN' trading is a face-to-face approach, meaning they primarily interact with clients in person at their branches rather than relying on a traditional online trading platform. This approach emphasizes personal interaction and tailored advice for clients.
DAIMAN offers several payment methods for its clients, including bank transfers and cash deposits.
Bank transfers are commonly used, requiring clients to initiate transfers from their bank accounts to designated DAIMAN accounts, with attention to specific instructions for accurate processing. Cash deposits are also possible at certain DAIMAN branches, depending on availability.
Transaction fees will apply for each deposit or withdrawal, and clients should be aware of potential bank fees incurred during fund transfers. Additionally, DAIMAN imposes fees for account maintenance, access to data and research services, and inactivity, which clients should consider when managing their accounts.
DAIMAN Securities Co., Ltd. provides customer support services via telephone at 052-231-7371 during operating hours from 9:00 to 17:00, excluding Saturdays, Sundays, and public holidays. Customers can reach out to this number for assistance with inquiries, account-related matters, and any other concerns they have regarding their investments or trading activities.
DAIMAN Securities offers a unique approach to investing, prioritizing personalized service and face-to-face consultations. This can be advantageous for beginners seeking guidance and those who value transparency. However, the lack of an online platform and potentially higher fees compared to online brokers might be drawbacks for some. Carefully consider your investment style, accessibility needs, and research preferences before deciding if DAIMAN's personalized approach aligns with your goals.
Question: What investment products does DAIMAN offer?
Answer: DAIMAN boasts a diverse range of investment options, including domestic and international stocks, bonds, investment trusts, and foreign exchange trading.
Question: Does DAIMAN have an online trading platform?
Answer: Unlike most brokers, DAIMAN focuses on face-to-face consultations rather than an online platform. This means you'll primarily interact with advisors at branches for transactions and portfolio management.
Question: Are there any fees associated with investing at DAIMAN?
Answer: Yes, DAIMAN charges commissions, spreads, and other fees depending on your chosen investment product and account type.
Question: Is DAIMAN a good choice for beginners?
Answer: DAIMAN's personalized service can be a valuable asset for new investors. Advisors can guide you through investment basics, navigate market complexities, and develop sound strategies.