Review summary
Shogun Markets is a forex broker based in Japan that has been operational for approximately 1 to 2 years. The entity holds no valid financial regulatory licenses from any authoritative global or Japanese financial authorities, such as Japan's Financial Services Agency (FSA). This complete absence of recognized oversight represents a significant operational risk for potential clients, as it places funds and trades outside conventional investor protection schemes. Trading conditions suggest a focus on high-entry accounts, with minimum deposits ranging from $5,000 for a Standard account up to $250,000 for a Diamond-tier account, and maximum leverage offered up to 1:400. The broker's overall WikiFX Score of 1.13 reflects this high-risk profile. Consequently, individuals should exercise a very high degree of due diligence before considering any engagement with this broker. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-18)
