User Reviews

Regulation Analysis

Okasan Securities operates under the comprehensive regulatory framework of Japan’s Financial Services Agency (FSA), holding license number 関東財務局長(金商)第53号. This regulatory status requires the broker to maintain strict compliance with Japanese financial regulations, including robust capital adequacy requirements and regular audits. As a licensed securities firm, Okasan must adhere to Japan’s Financial Instruments and Exchange Act, which mandates strict client fund segregation, transparent fee disclosure, and comprehensive investor protection measures. The broker maintains separate client accounts at major Japanese banks and participates in the Japan Investor Protection Fund, which provides compensation coverage for clients in case of broker insolvency. The company has maintained a strong regulatory compliance record, with no significant violations or sanctions reported. Their FSA registration requires regular financial reporting, external audits, and maintaining robust internal control systems. For international operations, the firm complies with local regulatory requirements in jurisdictions where it maintains offices. However, it’s important to note that regulatory protections may vary for non-Japanese clients depending on their residence and the specific entity through which they access services.

Trading Products

• Forex Trading: Access to major currency pairs with a focus on JPY crosses, including USD/JPY, EUR/JPY, GBP/JPY, and other major pairs
• Stocks: Comprehensive coverage of Japanese equities listed on TSE, plus access to international stocks from major global exchanges
• Bonds: Extensive selection of Japanese government bonds, corporate bonds, and international fixed-income securities
• Investment Trusts: Wide range of mutual funds including domestic and international equity funds, balanced funds, and specialty sector funds
• ETFs: Access to both Japanese and international ETFs covering various asset classes and sectors
• Futures & Options: Trading available on Japanese index futures and options contracts
• Structured Products: Various structured investment products tailored for different risk profiles

Trading Platforms

• Okasan Online Trading Platform: Proprietary web-based platform offering comprehensive trading capabilities, real-time market data, research tools, and portfolio management features
• Mobile Trading App: Native iOS and Android applications providing full trading functionality, market monitoring, and account management on-the-go
• Professional Trading Tools: Advanced charting packages, technical analysis tools, and research resources for active traders
• Market Research Platform: Integrated platform providing access to company research, market analysis, and investment recommendations
• Fund Wrap Platform: Specialized platform for managed investment solutions including “Okasan UBS Fund Wrap” service

Deposit and Withdrawal

• Bank Transfer: Primary deposit method for Japanese clients through domestic bank transfers with same-day processing
• Online Banking: Direct integration with major Japanese banks for seamless fund transfers
• Account Funding: Minimum deposit requirements vary by account type – JPY 2,750 for Branch Accounts and JPY 2,200 for Telecommunications Trading Accounts
• Withdrawal Processing: Standard processing time of 1-3 business days for domestic withdrawals
• Transaction Fees: Clear fee structure with specific rates based on transaction type and volume
• Currency Options: Primary account currency in Japanese Yen (JPY) with multi-currency support for international trading

Customer Support

Okasan Securities provides comprehensive customer support through multiple channels. Their main support center is available during Japanese business hours, with dedicated phone lines (+81 3-3272-2211) and email support for different services. The firm maintains 60 domestic branches for face-to-face consultation, particularly valuable for traditional Japanese investors. Online support is available through their digital platform, with specialized teams for different products and services. Languages supported include Japanese and limited English services. Response times are typically within 24 hours for email inquiries, while phone support is available immediately during business hours. VIP clients receive enhanced support services including dedicated account managers and priority handling of requests.

FAQ

Q: What are the main advantages of trading with Okasan Securities?
A: Okasan Securities offers the security of FSA regulation, a long-established history since 1944, comprehensive product range including stocks, bonds, and forex, and extensive local presence through 60 domestic branches. The integration with Okasan Online Securities provides modern trading capabilities, while maintaining traditional face-to-face service options. The firm’s strong financial stability and participation in the Japan Investor Protection Fund ensures client fund safety.

Q: What are the account opening requirements?
A: Account opening requires valid Japanese identification, proof of address, and minimum deposits starting from JPY 2,200 for online trading accounts or JPY 2,750 for branch accounts. International clients may face additional requirements and restrictions depending on their residence. The process includes KYC verification and may require in-person verification at a local branch for certain account types.

Q: How competitive are the trading fees and commissions?
A: Trading fees vary by product and transaction volume. Stock trading commissions are structured on a sliding scale based on trade value, starting from JPY 50 for small transactions. Online trading typically offers more competitive rates compared to branch-based trading. While fees may be higher than some international online brokers, they are competitive within the Japanese market and reflect the comprehensive service offering.

Q: What trading platforms are available?
A: Okasan Securities provides their proprietary online trading platform through Okasan Online Securities, offering comprehensive trading capabilities, real-time market data, and research tools. Mobile trading is supported through dedicated iOS and Android apps. The platform includes advanced charting, technical analysis tools, and portfolio management features. Additional specialized platforms are available for specific products like the Fund Wrap service.