DAIMAN Review - Is It a Reliable Securities Broker? - WikiFX
Ikhtisar：DAIMAN was registered in 2000 in Japan, specializing in the stocks and mutual funds markets. It is regulated by Financial Services Agency (FSA) in Japan.
| DAIMANReview Summary | |
| Founded | 2000 |
| Registered Country/Region | Japan |
| Regulation | FSA |
| Market Instruments | Stocks, forex, bonds, mutual funds |
| Demo Account | / |
| Leverage | / |
| Spread | Vary on currency |
| Trading Platform | / |
| Minimum Deposit | / |
| Customer Support | Tel: 052-231-7371 (9:00 am. To 17:00 pm.) |
| Office: 460-0003 3-11-31 Nishiki, Naka-ku, Nagoya-shi, Aichi | |
DAIMAN was registered in 2000 in Japan, specializing in the stocks and mutual funds markets. It is regulated by Financial Services Agency (FSA) in Japan.
Pros and Cons
| Pros | Cons |
| Long operation time | Only telephone support |
| Regulated well | Limited types of services |
| Commission fees charged |
Is DAIMAN Legit?
DAIMAN is regulated by Financial Services Agency (FSA) in Japan.
| Regulated Authority | Current Status | Licensed Entity | Regulated Country | License Type | License No. |
| Financial Services Agency (FSA) | Regulated | 大万証券株式会社 | Japan | Retail Forex License | 東海財務局長（金商）第14号 |
What Can I Trade on DAIMAN?
DAIMAN focuses on stocks, forex, bonds, and mutual funds trading.
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Forex | ✔ |
| Bonds | ✔ |
| Mutual Funds | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Options | ❌ |
| ETFs | ❌ |
DAIMAN Fees
DAIMAN charges a certain amount of fees depending on the types of trading and the volume of trading.
| Domestic Stocks | |
| Purchase Price | Commission Fees |
| Minimum commission | 2,750 yen |
| 1,000,000 yen or less | 1.2100% |
| Over 1,000,000 yen, up to 2,000,000 yen | 0.9130% + 2,970 yen |
| Foreign Stocks | |
| Contract Price | Commission Fees |
| 300,000 yen or less | 6,050 yen |
| Over 300,000 yen, up to 1,000,000 yen | 1.100% + 2,750 yen |
| Over 1,000,000 yen, up to 3,000,000 yen | 0.990% + ¥3,850 |
| Currency | Division | Forex Spreads |
| Hong Kong Dollar (HKD)(less than HKD 800,000) | Customer Purchase Rate | Base exchange rate + 0.15 yen |
| Customer Selling Rate | Base exchange rate – 0.15 yen | |
| US Dollar (USD) | Customer Purchase Rate | Base exchange rate + 0.50 yen |
| Customer Selling Rate | Base exchange rate – 0.50 yen |
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