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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Okigin

Japan Japan | 15-20 years |
Regulated in Japan | Market Making License (MM) | Suspicious Operational Region | Medium Risk

https://www.okigin-sec.co.jp/

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

Japan Japan 3.45
Surpassed 78.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+81 098-862-6125
https://www.okigin-sec.co.jp/
〒900-0033 那覇市久米2-4-16

license Forex License 1

Licensed Entity:おきぎん証券株式会社

License No. 沖縄総合事務局長(金商)第1号

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
  • Current data indicates that this broker does not have trading software. Please be aware of the risk.

Basic Information

Registered Region
Japan
Operating Period
15-20 years
Company Name
Okigin Securities Limited.
Abbreviation
Okigin
Employees
--
Contact Number
+810988626125
Address
〒900-0033 那覇市久米2-4-16
Business Region
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Wiki Q&A
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Okigin

Related Companies

おきぎん証券株式会社(Japan)
Japan
おきぎん証券株式会社(Japan)
Active
Japan
Registration No.4360001000348
Est. Date
SourceOfficial Statement

Company Profile

Company Profile

Review summary

OkiginReview Summary
Founded2017-06-07
Registered Country/RegionJapan
RegulationRegulated
Market InstrumentsStocks, Bonds, and Investment trusts
Customer Support/

Okigin Information

Okigin is a Japanese financial services provider, whose parent company is Okinawa Bank and has a certain influence in the local financial field. The platform is committed to providing investors with diversified financial investment services, covering a variety of financial products such as stocks, bonds, and investment trusts. The platform has formulated a series of legal-related guidelines, such as the guidelines for soliciting financial products, the declaration and handling guidelines for the protection of personal information, etc., to safeguard the rights and interests of customers and standardize business operations.

Pros and Cons

Pros Cons
RegulatedLanguage limitation (Japanese)
Various financial productsLimitations in international business for investors
Clear risk warningsComplex fee standards
Diverse service channels (over-the-counter business, telephone reception, online services)
Backed by Okinawa Bank

Is Okigin Legit?

Okigin is a legal and compliant financial services platform. Its parent company, Okinawa Bank, has the legal operation qualification in the Japanese financial market. The platform itself is also regulated by the Financial Services Agency, and its regulatory license number is No. 1 issued by the Director of the Okinawa General Affairs Bureau (Financial Merchants).

Okigin
Okigin

What Can I Trade on Okigin?

On the Okigin platform, investors can trade a variety of financial products, including stocks (both domestic and foreign stocks), bonds, and investment trusts.

Tradable Instruments Supported
Stocks
Bonds
Investment trusts

Okigin Fees

Stock trading fees are divided into domestic stocks and foreign stocks.

For domestic stocks, if the agreed consideration is less than 1 million yen, the handling fee rate is 1.210% of the agreed consideration (with a minimum of 2,750 yen); if it exceeds 1 million yen but is less than or equal to 3 million yen, the handling fee rate is 0.880% of the agreed consideration plus 3,300 yen, and so on.

For foreign stocks, when entrusting the purchase and sale, a domestic agency handling fee of 2.20% (including tax, with a minimum of 5,500 yen) of the agreed consideration will be charged; for over-the-counter domestic transactions, only the purchase consideration needs to be paid, and the foreign currency exchange is carried out according to the exchange rate determined by the company.

In addition, for bond trading fees, if the agreed consideration is less than 1 million yen, the handling fee rate is 1.045% (with a minimum of 2,750 yen); if it exceeds 1 million yen but is less than or equal to 5 million yen, the handling fee rate is 0.935% of the agreed consideration plus 1,100 yen, and so on. When purchasing bonds through related transactions such as fundraising and selling, only the purchase consideration needs to be paid.

Company Profile

  • 15-20 years
  • Regulated in Japan
  • Market Making License (MM)
  • Suspicious Operational Region
  • Medium Risk

Wiki Q&A

Is Okigin safe and reliable?

Determining the safety of a broker requires a multi-faceted evaluation. Okigin Securities Limited operates under the regulatory oversight of Japan's Financial Services Agency (FSA). The firm's WikiFX Score is 7.87, placing it in a mid-range category. This score is derived from a strong risk control index of 8.9 and a solid business index of 8.0, which are positive indicators. However, it is important to note the firm's 'Suspicious Scope of Business' classification, which adds a layer of complexity and necessitates careful due diligence by any prospective trader. While it has a formal regulatory license, this profile suggests a broker that is neither clearly low-risk nor unambiguously high-risk, requiring an investor's personal assessment.

Three days ago
United States

Is Okigin regulated?

Yes, Okigin is a regulated entity. It holds a Market Making License (MM) from Japan's Financial Services Agency (FSA) under the registration number 沖縄総合事務局長(金商)第1号. The license is held by the operating entity おきぎん証券株式会社.

Three days ago
United States

What is the minimum deposit of Okigin?

Information regarding Okigin's minimum deposit requirement is not explicitly disclosed in its public profile. This lack of clear information on initial capital requirements is a factor traders should seek to clarify directly with the broker before considering account opening.

Three days ago
United States

Does Okigin support MT4 or MT5?

According to WikiFX data, Okigin's software index is rated at 7.05. Specific details on whether it offers the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms are not currently listed in its primary operational data. The software index suggests a competent but not top-tier technological offering. Traders should verify the specific platforms available directly through the broker's official channels.

Three days ago
United States
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