Yamagata Securities-Some Important Points about This Broker

WikiFX | 2024-11-25 17:06

Ikhtisar：Founded in 2006, YAMAGATA is an FSA-regulated securities broker registered in Japan, offering trading services in U.S Stock (U.S. Equity Brokerage), Stocks (Spot Trading of Domestic Stocks, Foreign Stocks. etc), Bonds, Futures (JGB Futures), Investment Trusts, and Life Insurance.

YAMAGATAReview Summary
Founded	2006
Registered Country/Region	Japan
Regulation	FSA
Trading Products	Stocks, ETF (Exchange-Traded Fund), REIT (Real Estate Investment Trust), Bonds, Futures, Options
Demo Account	✅
Commission	Depending on the products, from 2,750 yen to 588,500 yen
Customer Support	Tel: 023-631-7720
	Email: soumu@yamagatashoken.co.jp
	Company address: 990-0042 yamagata city nanika-machi 2-1-41 (〒990-0042 山形市七日町2-1-41)

Founded in 2006, YAMAGATA is an FSA-regulated securities broker registered in Japan, offering trading services in U.S Stock (U.S. Equity Brokerage), Stocks (Spot Trading of Domestic Stocks, Foreign Stocks. etc), Bonds, Futures (JGB Futures), Investment Trusts, and Life Insurance.

Pros and Cons

Pros	Cons
Regulated by FSA	Japanese reading threshold
Variety of trading products
Demo accounts
Clear fee structure

Is YAMAGATA Legit?

Yes. YAMAGATA is currently regulated by Financial Services Agency (FSA).

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Financial Services Agency （FSA)	Regulated	山形證券株式会社	Retail Forex License	東北財務局長(金商)第3号

What Can I Trade on YAMAGATA?

Tradable Instruments	Supported
Stocks	✔
ETF (Exchange-Traded Fund)	✔
REIT (Real Estate Investment Trust)	✔
Bonds	✔
Futures	✔
Options	✔
Forex	❌
Commodities	❌
Indices	❌
Cryptocurrencies	❌

YAMAGATA Fees

Fees for Stocks:

Domestic Stocks & Bonds: The Minimum fee of 2,750 yen (including tax) applies if the calculated fee is less than this amount. Fractions of a yen are rounded down.
Foreign Stocks: Same minimum fee as domestic stocks, plus additional fees for foreign market transactions.
ETFs & Securities with Stock Acquisition Rights: Follow the same fee structure as domestic stocks.

Fees for Bonds:

Exchange-Traded Bonds: Fees calculated per 100 yen face value, including consumption tax.

Fees for Futures and Options:

Stock Index Futures: Fees include consumption tax.
Stock Index Options & Stock Options: Minimum fee of 2,750 yen (including tax) if the calculated fee is less than this amount.

Margin Trading Expenses:

Include interest on purchase prices for purchases and stock lending fees for sales, plus consumption tax.

Additional Fees:

Apply for opening specific accounts like stock transfer or foreign securities accounts.
Apply to non-transferable securities.
Include fees for mailing address designation and dividend-related documents.
May include additional fees for services provided by the Securities Depository Corporation.