What is Daishi Hokuetsu Securities?
Daishi Hokuetsu Securities, Inc. is a Japanese securities company headquartered in Tokyo. It is a member of the Japan Securities Dealers Association and the Tokyo Stock Exchange. The company was founded in 1946 and provides a wide range of services including stock trading, investment banking, and research.
In recent years, Daishi Hokuetsu Securities has been embroiled in a number of scandals, most notably the manipulation of stock prices by employees. In 2016, the company was fined $1.4 million by the Tokyo Stock Exchange for violating rules regarding insider trading. Despite these issues, Daishi Hokuetsu Securities remains one of the largest securities firms in Japan with over 1,000 employees and over ¥60 billion in assets.
The Different Types of Accounts Offered
There are three different types of account offered by Daishi Hokuetsu Securities- a standard account, a mini account, and a managed account. The standard account is the most popular and has the lowest minimum deposit requirements. It also offers the highest leverage, which is 1:200. The mini account is designed for those who want to trade smaller amounts of money, and has a minimum deposit requirement of $500. The managed account is for investors who want someone else to manage their money for them. This type of account requires a minimum deposit of $10,000.
Pros and Cons of Daishi Hokuetsu Securities
Daishi Hokuetsu Securities is a Japanese securities firm that offers a variety of services to its clients, including investment banking, asset management, and research. The company has been in business for over 50 years and is one of the largest securities firms in Japan.
While Daishi Hokuetsu Securities has a long history and many satisfied clients, there are some potential drawbacks to using the company’s services. Here are some pros and cons to consider before deciding whether or not to use Daishi Hokuetsu Securities:
Pros:
– Extensive experience in the securities industry
– Offers a wide range of services
– Highly regarded by Japanese regulators
Cons:
– Some negative reviews from past clients
– Services may be expensive for some investors
What to Look for When Choosing a Brokerage Firm
When looking for a brokerage firm, it is important to consider the fees charged, the range of services offered, and the firm’s reputation.
1. Fees Charged: You will want to find a brokerage firm that charges reasonable fees for their services. Be sure to compare the fees of different firms before making a decision.
2. Range of Services Offered: Find a firm that offers the services you need. Some firms offer only basic services while others offer more comprehensive packages.
3. Reputation: It is important to choose a firm with a good reputation. Ask around and research different firms before making your final decision.
Daishi Hokuetsu Securities Review – Scam or Not?
Daish Hokuetsu Securities is a Japanese company that has been providing brokerage services since 2006. The company has its headquarters in Tokyo and branches in Osaka, Nagoya, and Fukuoka. It is regulated by the Financial Services Agency (FSA) of Japan.
The company provides online trading platforms for forex, stocks, futures, and CFDs. It offers leverage of up to 1:200 and minimum trade size of 0.01 lots. The spreads are variable and start from 0.8 pips for major currency pairs.
The account types offered by Daish Hokuetsu Securities are standard and pro accounts. The standard account requires a minimum deposit of $500 and can be opened in USD, JPY, or EUR. The pro account requires a minimum deposit of $5,000 and can be opened in USD or JPY only. Both accounts offer commission-free trading but the pro account gets tighter spreads starting from 0.6 pips for major currency pairs.
Deposits and withdrawals can be made through bank wire transfer, credit/debit cards, or online payment processors such as Neteller and Skrill. The processing time for bank wire transfers is 3-5 business days while credit/debit card transactions are instant. Online payment processor withdrawals are also instant but come with a fee of 3%.
The customer support team can be reached through email, phone, or live chat 24/5 except on weekends and public holidays in
Conclusion
If you’re considering using Daishi Hokuetsu Securities for your investment needs, I would highly recommend doing your research first. There are a lot of mixed reviews out there about this company, and while some people have had positive experiences, many others have had negative ones. From what I can tell, it seems like this company is not to be trusted. There are better options out there, so I would advise you to steer clear of Daishi Hokuetsu Securities.