OKAYASU SHOJI

OKAYASU SHOJI is a financial company located in Osaka, Japan. The company is regulated by the Financial Services Agency (FSA) of Japan, and its corporate domain was registered on April 9, 2009. The company offers a variety of financial services and products, focusing on commodity futures trading, forex margin trading, stock index margin trading, and gold reserves. The official website of OKAYASU SHOJI is: https://www.okayasu-shoji.co.jp/

Corporate Background of OKAYASU SHOJI:

The corporate domain of OKAYASU SHOJI was registered on April 9, 2009. The company is located in Osaka, Japan, with its specific address at 2-3-8 Kitahama, Chūō-ku, Osaka, postal code 541-0041. The headquarters phone number is 06-6222-0001 (main switchboard).

Regulatory Information of OKAYASU SHOJI:

OKAYASU SHOJI is regulated by the Financial Services Agency (FSA) of Japan. The FSA oversees all financial service providers, including forex brokers, aiming to maintain the stability of the country's financial system. With a good reputation, many years of operational experience, and positive customer feedback, OKAYASU SHOJI appears to be a reliable and trustworthy broker. However, traders should conduct their own research, assess their options, and be aware that all investments carry some level of risk.

Account Registration Process of OKAYASU SHOJI:

1. Visit the official OKAYASU SHOJI website and click on the register button.
2. Fill in the application form.
3. Submit identification verification/My Number verification documents.
4. Deposit funds and start trading.

Trading Products of OKAYASU SHOJI:

OKAYASU SHOJI offers a variety of trading instruments across different asset classes for investors:

• Commodity Futures Trading: Investors can trade commodity futures such as gold, silver, crude oil, natural gas, corn, wheat, and soybeans, speculating on price movements.
• Forex Margin Trading: Provides currency pair trading like EUR/USD, GBP/USD, and USD/JPY, allowing investors to profit from currency exchange rate fluctuations.
• Stock Index Margin Trading: Offers trading on major global stock index futures including Japan’s Nikkei 225, the Dow Jones Industrial Average in the USA, and the FTSE 100 in the UK.
• Gold Reserves: As a hedge asset, investors can trade gold contracts to hedge against inflation or economic uncertainties.
• Order Types: Offers various order types including market, limit, and stop orders to accommodate different trading styles.
• Click 365: A registered trademark for exchange-listed forex margin trading, with trading fees varying depending on the currency pair and course. Standard currency pairs’ self-service courses are free, support courses cost 687 yen, and standard courses are 1375 yen. Large currency pairs’ self-service courses are 1100 yen, support courses are 6875 yen, and standard courses are 13750 yen.

This diverse range of products and services enables OKAYASU SHOJI to meet the needs of various investors while providing flexible trading options and support tools.

What Are the Commissions for OKAYASU SHOJI?

OKAYASU SHOJI charges commission fees for commodity futures trading when placing orders. The maximum fee for face-to-face transactions is 1.19 yen (tax included) per direction per minimum trading unit (056 tickets) with a minimum fee of 140.1 yen (tax included) per direction. For loss limit trading (Smart CX), the required minimum fee is 1.6 yen per minimum trading unit (198 tickets) per direction, with a minimum fee of 270 yen (tax included).

Deposit and Withdrawal Methods of OKAYASU SHOJI:

OKAYASU SHOJI exclusively accepts deposits and withdrawals in Japanese yen. This means that customers can only deposit or withdraw using local currency, and cannot use foreign currencies or securities for these transactions.

For deposits or withdrawals, customers can use deposit financial institutions such as Mizuho Bank or PayPay Bank. These institutions will process the transactions to ensure funds are transferred to the correct account.

Customers using the quick deposit service can enjoy the benefit of free transfers. This means they can deposit funds into their OKAYASU SHOJI account without any additional fees, making it more convenient and cost-effective to use the service. However, it should be noted that normal deposit and withdrawal transfer fees may still apply, depending on the policies of the specific deposit financial institution used.

Customer Support of OKAYASU SHOJI:

Phone: 0120-73-1198, 0120-301-781, 0120-140-035

Disadvantages of OKAYASU SHOJI:

1. Commission Fees: High commission fees for face-to-face transactions, especially in commodity futures trading, which may increase trading costs.
2. JPY Only: The company only accepts deposits and withdrawals in yen, not supporting foreign currencies or securities, which limits usage for international clients.

Conclusion:

As a regulated financial company, OKAYASU SHOJI offers a variety of trading products and flexible order types. However, its high commission fees and the limitation of accepting only yen deposits and withdrawals may be drawbacks for some investors. Before choosing to invest with OKAYASU SHOJI, investors should fully understand its pros and cons and conduct thorough background checks and risk assessments. Currently, OKAYASU SHOJI is listed as 'Active' on TraderKnows.