Basic Information
Registered Region 
Japan
JapanOperating Period
5-10 years
Company Name
Chugin Securities Co., Ltd.
Company Website
Global Broker Regulation Inquiry App
WikiFX
Unverified
Score
0
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9
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0
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9
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9
/10
The WikiFX Score of this broker is reduced because of too many complaints!
Chugin
Japan
|
5-10 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
http://www.chugin-sec.jp/
Website
Rating Index
Contact
http://www.chugin-sec.jp/
The WikiFX Score of this broker is reduced because of too many complaints!
LicensesLicensed Entity：中銀証券株式会社
License No. 中国財務局長(金商)第6号
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
4
10
Marketing Strategy
Website
Company Summary
Comment
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Official website
Sources
Language
Mkt. Analysis
Creatives
Data Sources 
WikiResearch
WikiResearchWebsite
chugin-sec.jp
158.199.150.210Server LocationICP registration--Most visited countries/areas--Domain Effective Date2009-11-11WebsiteWHOIS.JPRS.JPCompanyJAPAN REGISTRY SERVICES
Company Summary
Note: Chugin's official website: http://www.chugin-sec.jp/ is currently inaccessible normally.
Chugin Information
Chugin is an unregulated brokerage company registered in Japan. Due to the closure of the official website of this broker, traders cannot obtain more security information.
Is Chugin Legit?
CySEC regulates Chugin with a suspicious clone status, making the broker less safe than the regulated one.
Downsides of Chugin
- Unavailable Website
Chugin's official website is currently inaccessible, raising concerns about its reliability and accessibility.
- Lack of Transparency
Since Chugin does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.
- Regulatory Concerns
A suspicious clone status can not be called safe and reliable.
- Withdrawal Difficulty
According to a report on WikiFX, 10 users encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.
Negative Chugin Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders must review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are 10 pieces of Chugin exposure in total.
Exposure. Cannot withdraw
| Classification | Unable to Withdraw |
| Date | 2022 |
| Post Country | Hong Kong, China/US |
The users were unable to withdraw, and it was still pending after a long time. You may visit: https://www.wikifx.com/en/comments/detail/202204153892479663.html.
Conclusion
Chugin Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that this brokers trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
User Reviews 10
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FX1387772722
United States
I had believed their promises initially only to be disappointed in the end. Their customer relationship zero and they are very rude. When I could not withdraw my profits, I complained to the customer support team and I was assured that it was being reviewed. Weeks after and still nothing to that effect. I wasn't comfortable so i decided to move all my investments out this time around to somewhere better but they quickly suspended my account. I was left helpless till fintrack/org assisted with the release of my stuck funds from Chugin Securities. If you ask my advice, Stay away from this platform.
Exposure
FX1658861402
Hong Kong
Unable to withdraw and require to pay tax. After that, it requires to pay margin and still cannot pass after that. It ask you to keep depositing and deny the withdrawal by various reason.
Exposure
G7
Hong Kong
I hope that relevant department can handle this matter. I follow the requirement step by step so why can't I make withdrawal. I hope an mediation and a reasonble explaination.
Exposure
FOOL
Hong Kong
Chugin does not allow to withdraw and the customer service is pretty cocky. I had report the case. Please solve it ASAP
Exposure
FOOL
Hong Kong
Unable to withdraw. I have been deiceived for 100000RMB. I just want my principle back, but the customer service blocked me.
Exposure
FOOL
Hong Kong
The customer service makes an appointment for a new person to deposit 200,000. If it is not fully deposited, it will not be up to the requirement and will not allow to withdraw. I ask customer service if I can withdraw when I do not meet the requirements. The customer service ignored me and blocked me.
Exposure
lLl38718
Hong Kong
Keep saying that my account has many problems and ask me to pay. They promise many times to withdraw instantly, but it is never implemented. Suspect of fraud.
Exposure
飞鱼63895
Hong Kong
Suspected to be fraud. Unable to withdraw. Withdrawal was rejected by customer service and the customer service does not respond.
Exposure
弥17516
Hong Kong
The money in BOC Securities cannot be withdrawn, customer service is locked, suspected fraud
Exposure
弥17516
Hong Kong
The money in the account cannot be withdrawn, the customer service is locked and cannot be contacted, suspected fraud,
Exposure