Japan Kanto Bureau warning: New 61 Unregulated brokers in Japan exposed


As much as 61 new names of unregulated brokers in Japan appeared in the warning list of Japanese regulator. Check if you are dealing with any of them!

12 June, AtoZForex The Japanese Kanto Bureau of Ministry of Finance (MoF) has added 61 (!) new names to its warning list. The regulator believes that investors should be aware of these firms, as they have no registration with the authorities.

Japan Kanto Bureau warning

Specifically, the Kanto finance bureau of Japan’s MoF has warned the public against dealing with a number of Forex and Binary Options among many other firms.

Some of the new names in the Kanto bureau’s warning list might be already familiar to you. The update to the warning list included such Forex firms’ names as XM.COM, and TRADEVIEW MARKETS along with a number of various firms.

It is worth to note that the firms on Kanto’s warning list might be having their regulation within other jurisdictions. However, none of these entities have the registration within Japan. Therefore, they have no authority to operate within the country.

In order to legally carry out financial services business in Japan, any firm/individual needs to obtain the license from the Japan Financial Services Agency (JFSA).

As for the latest Binary Options brokers’ names to be added to the warning list of Japanese regulator, you might recognize the following ones: BinaryTilt and ROYAL OPTION. They appeared in the blacklist of the Kanto Bureau on the 9th of June, with a number of other firms with no regulation in Japan.

New 62 Unregulated brokers in Japan exposed

The regulator states that the firms either made solicitations or have been offering services only in Japan or in Japanese without any authorization to do so. The regulator further states that Japanese customers of these entities have no access to the protection that is available to clients of firms with proper regulations.

The Japanese watchdog also noted that it has obtained the information used in the warnings from solicitation materials. If investors are willing to check the reliability of the particular firm, they are welcome to visit JFSA official website.

Moreover, the regulator provides the full list of the new names of unregulated brokers in Japan  that appear on its warning list:

Trader name Service name
PLT Company Limited FOREX HEART, FX-Heart
NC Ltd. ROYAL OPTION, ROYAL OPTION
Future Trust Co., Ltd. FutureTrust, future trust
Focus trade management secretariat Focus Trade, Focus Trade
TOSE CORPORATION Stock trend, KABUSHIKITREND
Wall Street Club Japan Branch
Infin Markets Limited Infinmarkets
DREAM FOR A LIVING LTD BinaryKing 13
Investment coffee business administration, Inc. Investment cafe
Market link Corporation Business Leader Market, Business Leader Market, BLM
Big Boss Financial Limited Big Boss Financial, Big Boss
Wilfort Corporation
White Corporation FIVESTAR TRADE, FIVE STAR TRADE
Hikari Co., Ltd. Stock hotline
Redream Corporation STOCK EDUCATION
Nexus Trade Management Office Nexus trade, Nexustrade
VISTA Management Office VISTA
FineStock administration office Fine Stock, FineStock
AQUARIUS Ltd FX Noah
Pivot Markets International Inc. Pivot Markets, Pivot Market
Fukumi Corporation
Pinnacle Wealth Management Limited
Ariana Co., Ltd. Site, SITE, Stock Site
Hope Corporation Stock Yomi
Tradeview Ltd TRADEVIEW MARKETS, TRADEVIEW, TRADE VIEW
FX Globe Ltd FXGLOBE, FX glove
IVA Gold ltd. Banco Capital, Banco Capital
New Life Co., Ltd.
Avic Corporation
Lotus Corporation UP, RANK (Rank)
Co., Ltd. Item MG, MEDIA (media)
VOLtd OPTION COLOR
Winwin International Marketing Limited CONNECT (connect, connect)
ZION Corporation Compass (COMPASS)
Million traders management office Million Traders (Million traders)
Flyer Corporation Stock Time
ASSET MANAGEMENT
Light Co., Ltd. Stock channel
Classy Capital Management Co., Ltd.
Intelligence Corporation NEXT (NEXT)
Up Chance Holdings Limited Final stock project (FINAL STOCK PROJECT)
Pacific Investments Private Limited High Trade FX
Stock CINEMA Management Office Stock CINEMA (Cinema)
ALC Corporation Stock VISION
FUTUREMAKE LTD. FUTURE MAKE FX
Trading Point (Seychelles) Limited XM.COM (XM)
TO 88 LTD. Trend Option (Trend option)
Star Material Asset Management.LTD I Trader FX
Gallop Sea Limited GALAXY Markets
Chemmi Holdings Limited BinaryTilt
Brilliant Stage Limited Brilliant One Forex
BINEXT SOLUTIONS SRL LTD Gbinarys
Carolina Partners LLC (CAROLINA PARTNERS LLC)
Yamamoto Extension
F – Support Corporation
Cheshire Capital Ltd. TR Binary Options
Neo Climb Co., Ltd. Stock Fest A (Cub Festa)
Global Management Co., Ltd.
Sumo Forex Limited BinaryTilt
Louis Private Advisory Salon
ABF Fund Management Company Limited

Think we missed something? Let us know in the comments section below.This concludes the list of new names of unregulated brokers in Japan that have been added to the warning list of Kanto Bureau of MoF.

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