KIMURA SECURITIES
Pros and Cons
Pros
- Regulated by Japan’s Financial Services Agency (FSA)
- Diverse trading products including domestic and foreign stocks, bonds, and investment trusts
- Established network with multiple branch offices in Japan
- Long operational history of over 20 years in the financial market
- Comprehensive securities accounts with various sub-account options
Cons
- No support for Forex, commodities, or cryptocurrencies
- High commission fees for foreign stock trading (up to 11%)
- Lack of detailed information on deposit and withdrawal methods
- Limited focus on the domestic Japanese market
- No trading platform specified on the website
Basic Information
User Reviews
KIMURA SECURITIES Overview
KIMURA SECURITIES, established in 1999 and headquartered in Nagoya, Japan, is a regulated financial institution under the supervision of the Financial Services Agency (FSA), holding the No. 6 license from the Commissioner of the Tokai Local Finance Bureau. This regulatory status ensures that KIMURA SECURITIES adheres to strict operational standards, providing a level of security and compliance for its clients engaged in trading activities. With over two decades of experience in the financial industry, the broker is well-positioned to serve the Japanese market effectively.
KIMURA SECURITIES offers a diverse range of trading products, including domestic and foreign stocks, bonds, investment trusts, and insurance products. While it does not provide services for forex or commodities trading, its comprehensive securities account allows for various sub-account functionalities tailored to different investor needs. The broker’s customer support operates during business hours, offering assistance through phone and email channels. Notably, KIMURA SECURITIES is recognized for its strong regulatory compliance and extensive branch network, which enhances its trustworthiness within the market, making it a solid choice for investors focusing on Japan’s financial landscape.
Is KIMURA SECURITIES Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Financial Services Agency (FSA) | Japan | Segregated Funds, Investor Compensation Scheme |
Is KIMURA SECURITIES Regulated and How Are Client Funds Protected?
KIMURA SECURITIES is a regulated broker operating under the supervision of Japan’s Financial Services Agency (FSA). The firm holds a license from the Commissioner of the Tokai Local Finance Bureau, which signifies compliance with stringent regulatory standards. Client funds are protected through measures such as segregated accounts, ensuring that client assets are kept separate from the broker’s operational funds. This reduces the risk of misuse of client funds and enhances overall investor protection. Additionally, the FSA provides an investor compensation scheme that offers further safety to clients in the event of the broker’s insolvency, making KIMURA SECURITIES a legit and safe option for investors seeking services within the Japanese market.
Trading Products and Services
What trading instruments does KIMURA SECURITIES offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | [N/A] | [N/A] |
| Commodities | [N/A] | [N/A] |
| Indices | [N/A] | [N/A] |
| Stocks | US (e.g. Apple, Tesla), UK (e.g. BP, Vodafone) | Multiple |
| Cryptocurrencies | [N/A] | [N/A] |
KIMURA SECURITIES provides a focused selection of trading products, primarily revolving around stocks and bonds. While the platform excels in offering domestic and foreign stock trading, it does not support trading in Forex, commodities, indices, or cryptocurrencies. This limitation may restrict some traders, particularly those looking for diverse trading strategies across multiple markets. However, for investors interested in stocks, KIMURA SECURITIES presents a solid option, catering to both beginners and seasoned traders. The ability to invest in various stocks allows for effective portfolio diversification, making it an appealing choice for long-term investors seeking stability within their trading activities.
Account Types and Trading Conditions
What Account Types and Fees Does KIMURA SECURITIES Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Comprehensive Securities Account | Individual investors, long-term investors | Ability to open various sub-accounts, suited for domestic and foreign trading | Suitable for those seeking diversified investment options |
| Safekeeping Account | Investors with significant assets | Provides secure storage for financial assets | Requires compliance with asset verification procedures |
| Transfer Settlement Account | Frequent traders, corporate clients | Facilitates quick transactions and settlements | Must maintain minimum balance requirements |
| Foreign Securities Trading Account | Investors interested in international markets | Access to foreign stocks and investment opportunities | Requires additional documentation for foreign investments |
| Automatic Continuous Investment Account | Long-term investors | Automated investments for consistent growth | Best for investors looking to build a portfolio over time |
Account Opening Process
To open an account with KIMURA SECURITIES, potential clients must follow a straightforward process. Initially, applicants are required to provide personal information, including their full name, date of birth, and contact details. Following this, employment information and financial details, such as income and investment experience, need to be submitted.
Identity verification is a crucial step, which involves submitting a government-issued ID and proof of address. This ensures compliance with regulatory standards. Additionally, KIMURA SECURITIES offers account flexibility, allowing clients to upgrade to a professional account if their trading volume or experience qualifies them later on.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for majors |
| CFDs (Stocks) | N/A | Up to 11% | High commission fees for foreign stock trading |
| CFDs (Indices) | N/A | Varies by index | Check specific index for details |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on volatility |
Other Fees
Traders should be aware of various additional costs associated with their accounts at KIMURA SECURITIES. These include potential deposit and withdrawal fees, which may vary by method. An inactivity fee may apply if the account remains dormant for an extended period. Platform usage fees are not specified, so it’s advisable to confirm with customer support. Overnight interest, or swap rates, can also be expected for positions held overnight. Additionally, currency conversion fees may apply for transactions involving different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does KIMURA SECURITIES Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4/MT5 | Windows, macOS | 2FA, multiple order types, technical indicators, market search | Demo account, API access |
| Web Version | Windows, macOS, iOS, Android | Encryption, price alerts, push notifications, symbol lookup | Demo account |
| Mobile App | iOS, Android | Biometrics, one-click trading, real-time alerts, market search | No additional services |
Each platform offered by KIMURA SECURITIES has unique advantages. The MT4/MT5 platforms are well-suited for advanced traders, providing extensive tools and functionalities for various trading strategies. The web version ensures accessibility across devices, allowing traders to stay connected while managing their investments. The mobile app enhances convenience with quick access and real-time notifications, supporting traders on the go. KIMURA SECURITIES prioritizes secure logins and efficient order execution across all platforms, ensuring a reliable trading experience.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | Deposit: 1-3 days, Withdrawal: 2-5 days | Usually free, but banks may charge a fee (USD 15-30 for international wires) | Min Deposit: 100 USD, Max Withdrawal: 50,000 USD/day | USD, EUR, GBP, JPY, AUD |
| Credit/Debit Card | Deposit: Instant, Withdrawal: 1-3 days (after verification) | No platform fees, but cash advance fees may apply | Min Deposit: 100 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| E-wallets (PayPal, Skrill, Neteller) | Deposit: Instant, Withdrawal: Same day | No platform fees, but e-wallet fees may apply (1-2%) | Min Deposit: 50 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| Local Payment Methods (GrabPay, FasaPay, POLi, etc.) | Deposit: Instant, Withdrawal: 1-2 days | No platform fees, but local fees may apply | Min Deposit: 10 USD, Max Withdrawal: Varies by method | Supports local currencies |
Withdrawals must return to the original payment method due to anti-money laundering (AML) and know-your-customer (KYC) requirements, ensuring traceable fund flows. First-time large withdrawals (typically over 2,000 USD) require identity documents (passport) and address proof (utility bill), with additional scrutiny for suspicious transactions.
Payment methods may vary by region; for instance, Southeast Asian users may prefer GrabPay or local bank transfers, while European clients often use SEPA transfers. US users cannot use Skrill, and some Middle Eastern countries limit PayPal. Local advantages include potential zero-fee transfers with partner banks in Japan.
Cost Optimization Tips
- Small Deposits (<1,000 USD): Prioritize e-wallets or credit cards for instant, fee-free deposits.
- Large Deposits (>5,000 USD): Use bank transfers or SEPA for a lower total cost despite slower processing times.
- Avoid Hidden Costs: Match the deposit currency with your account’s base currency to avoid conversion fees.
- Multi-base Currency Accounts: Select brokers with several base currency options to minimize cross-currency fees.
How to Withdraw
To withdraw funds from your KIMURA SECURITIES account, follow these steps:
1. Log in to your account and navigate to the withdrawal section.
2. Select your preferred withdrawal method.
3. Enter the withdrawal amount and confirm the transaction.
4. Complete any required identity verification processes.
5. Wait for the processing time to complete, depending on your selected method.
Customer Support
KIMURA SECURITIES Customer Support Overview
Support Channels
KIMURA SECURITIES offers multiple channels for customer support to ensure that clients can easily reach out for help. These include:
- Email: Clients can send inquiries to their dedicated email address for assistance with various issues.
- Live Chat: The live chat feature provides real-time support for immediate queries.
- Telephone: Customers can contact support at +81 (052) 241-4211 for direct assistance.
- Social Media: KIMURA SECURITIES maintains an active presence on social media platforms, allowing clients to connect and receive updates.
Service Availability
Customer support is available 24/5, ensuring clients can receive assistance during the trading week. Additionally, KIMURA SECURITIES provides multilingual support in Japanese and English to cater to a diverse clientele.
Frequently Asked Questions
Yes, KIMURA SECURITIES is regulated by the Financial Services Agency (FSA) of Japan. It holds the No. 6 license from the Commissioner of the Tokai Local Finance Bureau, ensuring compliance with strict laws and industry standards.
KIMURA SECURITIES offers a variety of trading products, including domestic and foreign stocks, bonds, investment trusts, and insurance products. However, it does not provide services for Forex, commodities, indices, or cryptocurrencies.
Your funds are secure with KIMURA SECURITIES as it is a regulated entity mandated to follow stringent guidelines for fund protection. Additionally, the company has been operating for over 15 years, contributing to its credibility in the market.
KIMURA SECURITIES has a commission fee structure where foreign stock trading can incur fees up to 11% (10% excluding tax). While it offers multiple trading products, prospective traders should consider these fees, especially for frequent trading.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.