Score
Japan
|
15-20 years
| https://www.smbcnikko.co.jp/en/index.html
Website
Rating Index
Capital Ratio
Good
Capital
Influence
AA
Influence index NO.1
Japan 9.56Capital Ratio
Good
Capital
Influence
AA
Influence index NO.1
Japan 9.56
LicensesLicensed Entity：ＳＭＢＣ日興証券株式会社
License No. 関東財務局長(金商)第2251号
Single Core
1G
40G
1M*ADSL
Japan
WikiResearch
VIP is not activated.
| SMBC Nikko Review Summary | |
| Founded | 2010 |
| Registered Country/Region | Japan |
| Financial Products & Services | Asset management consulting, M&A and financing solutions, Research service |
| Regulation | FSA |
| Customer Support | Phone, Address |
Regulated by the FSA and now part of the SMBC Group, SMBC Nikko is a full-service broker focused on improving its client offerings. Their strategic priorities include growing asset management in Japan and expanding their global presence with high-quality financial products to become the preferred securities broker. However, lots of information, including trading fees, deposits, and withdrawals, is not provided on their official website.
| Pros | Cons |
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SMBC Nikko has a Retail Forex License regulated by the Financial Services Agency (FSA) in Japan with a license number of 関東財務局長(金商)第2251号.
SMBC Nikko traces its history back to 1918 and has grown to become part of the SMBC Group. As a full-line broker, they focus on enhancing the quality and range of their services to support clients, leveraging the capabilities of the wider corporate group. They are prioritizing asset management in Japan, strengthening global operations, including cross-border M&A and overseas financing, and developing top-tier products, aiming to be the go-to securities broker for their customers.
SMBC Nikko actively promotes financial and economic education as part of its mission as a financial services company. This commitment is demonstrated through initiatives like the Nikko Family Exciting Experience Day, where young students and their families learn about the economy. Additionally, the company offers visits and seminars for students and adults to deepen their understanding of finance and securities firms, including tours of the Tokyo Stock Exchange.
Administrative actions against SMBC Nikko Securities Inc. and Sumitomo Mitsui Financial Group, Inc.
Country/Region
Disclosure time
2022-09-28
Disclose broker
Administrative action against SMBC Nikko Securities Inc.
Country/Region
Disclosure time
2012-08-10
Disclose broker
Administrative action against SMBC Nikko Securities Inc.
Country/Region
Disclosure time
2011-04-15
Disclose broker
SMBC Nikko Securities America, Inc., a subsidiary of the SMBC Group, has made a series of key appointments in the equities execution industry in recent months. These appointments underscore SMBC Nikko Americas' commitment to its equity operations, with a strong emphasis on extending its skills and footprint in both the Japanese and US stock markets.
From my perspective, SMBC Nikko is a legitimate broker based on its regulation by the FSA and its affiliation with the SMBC Group. The fact that it is part of a prestigious financial group and is subject to FSA oversight assures me that the broker operates with a high level of professionalism and compliance. However, the absence of clear details on key aspects such as trading fees, account types, and deposit/withdrawal methods does make me cautious. Transparency is a critical factor in building trust, and the lack of information on these aspects raises questions. While SMBC Nikko’s regulatory status and its affiliation with the SMBC Group lend credibility, I believe that providing more detailed information on their website would help solidify their reputation as a trustworthy and fully transparent broker.
SMBC Nikko is indeed a regulated broker, as it is licensed by the Financial Services Agency (FSA) in Japan. The FSA is a respected regulatory authority, enforcing strict rules that ensure brokers operate in a fair and transparent manner. As a regulated entity, SMBC Nikko must adhere to financial regulations that protect client funds, require segregated accounts, and promote market integrity. The broker holds a Retail Forex License under the license number 関東財務局長(金商)第2251号, which indicates that it is legally recognized and required to follow specific legal and ethical guidelines. This regulatory status offers a certain level of security and confidence for potential traders. However, while the regulation provides safety, some important details, like the full fee structure, deposit and withdrawal methods, and account types, are not clearly outlined on the website. This lack of transparency can create uncertainty for traders looking for a clear understanding of the costs and services provided. Therefore, while the broker is regulated and trustworthy, potential clients should reach out directly to SMBC Nikko for more specific information about trading conditions before making any financial decisions.
SMBC Nikko is a legitimate broker, regulated by the FSA in Japan. The broker is part of the reputable SMBC Group, which has been a major financial institution in Japan for over a century. This association adds another layer of trustworthiness, as SMBC Group is widely recognized for its integrity and stability. The FSA regulation ensures that SMBC Nikko operates within the legal framework, offering a level of protection for clients. However, despite the strong regulatory backing, the broker’s website does not provide sufficient details on essential elements such as trading fees, account types, or the deposit/withdrawal process. This creates an issue for potential clients who might want to know exactly what costs they will incur and how they can fund their accounts or withdraw profits. While the broker’s legitimacy is unquestionable due to its regulatory status and affiliation with SMBC Group, the lack of transparency in key areas may lead to concerns among traders who prioritize clear and detailed information before committing funds. I recommend reaching out to SMBC Nikko’s customer support to clarify these aspects before proceeding.
The leverage available through SMBC Nikko is not explicitly mentioned on their website, which can be a significant factor for traders who wish to trade on margin. Leverage allows traders to control larger positions with a smaller capital outlay, potentially increasing both profits and losses. Brokers typically offer leverage ranging from 1:30 for retail clients up to much higher levels for professional accounts, but the exact leverage offered by SMBC Nikko remains unclear. Without this critical piece of information, it’s hard to evaluate whether the broker aligns with my risk tolerance and trading strategy. I would recommend directly contacting SMBC Nikko for confirmation on the leverage they provide, as this will help in determining whether the broker’s conditions fit my needs.
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