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/10
The WikiFX Score of this broker is reduced because of too many complaints!

PWM Japan Securities

Japan | 15-20 years |
Regulated in Japan | Retail Forex License | High potential risk

https://www.pwm.co.jp/about/bizmodel_en

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Japan 6.46
Surpassed 68.20% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+81 03-6809-2410
utagai@pwm.co.jp
https://www.pwm.co.jp/about/bizmodel_en
〒105-0001 東京都港区虎ノ門4丁目1番28号 虎ノ門タワーズオフィス6階
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Entity:PWM日本証券株式会社

License No. 関東財務局長(金商)第50号

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-09-13
  • WikiFX has received a total of 12 user complaints against this broker, please be aware of the risks and do not be scammed!
3

Basic Information

Registered Region
Japan
Operating Period
15-20 years
Company Name
PWM JAPAN SECURITIES CO., LTD
Abbreviation
PWM Japan Securities
Company employee
--
Type of License
T
Contact Number
+810368092410
Company address
〒105-0001 東京都港区虎ノ門4丁目1番28号 虎ノ門タワーズオフィス6階

慧46668

Unverified

Hong Kong

Can't withdraw funds at all. The high profit is a lie

Exposure

2021-01-05

___Mr. Lonely"

Unverified

Hong Kong

You frauds will come to no good end. People who have the same experience as me should call the police. Don’ feel awkward or troublesome. It will help us catch these frauds early and get our hard-earned money back asap

Exposure

2020-12-30

霞23898

Unverified

Hong Kong

The customer service said the bank card info was wrong and asked me to pay 15% security fund to modify the info, or I can’t withdraw funds. Fraud company, a scam

Exposure

2020-12-23

___Mr. Lonely"

Unverified

Hong Kong

Lose 100,000. Don't let me withdraw fuds with varied reasons. Besides, I have to pay security fund to withdraw my money. Now my account is frozen. I called the police but there has been no result yet. I call people who experienced the same thing call the police. The matter can be more focused, if the amount of the money is bigger. We should make the relevant depatments attach great importance to it and bring the frauds to justice. Our money is not easy to earn.

Exposure

2020-12-22

___Mr. Lonely"

Unverified

Hong Kong

Fraud. Ask me to pay margin and risk fund with varied reasons

Exposure

2020-12-15

FX2812005723

Unverified

Hong Kong

When I applied for withdrawal. The customer service asked me to pay margin cuz my bank card info was wrong. Then I was prevented from withdrawing for low credit score. Then they wold me I could withdraw funds at the end of November. But since then the customer service hasn’t replied to me, let alone my application for withdrawal. The whole thing is a sham. I hope more departments can focus on this matter and more people can expose fraud platforms like this one

Exposure

2020-12-14

___Mr. Lonely"

Unverified

Hong Kong

The customer service said there was a risk of the account, so I have to pay margin to withdraw. And they said they were not afraid of the police. Ok, we'll wait and see. I already called the police

Exposure

2020-12-13

___Mr. Lonely"

Unverified

Hong Kong

I knew forex exchanges via a guy's WeChat moments. They said their company could help me profit with one-to-one guidance. I wanna take chances so I invested while the analyst said my invest amount was too little to operate. So I added 75,000 in total. Afer all the operation, he said I had some orders left so I should add 162,700 to operate another two rounds. I felt like being cheated. And later I deposited 25,000 which can not be withdrawn, eitehr. The broker said I operated abnormally and asked me to pay risk fund, 10% of the total amount of 483,622.4 in total, that is 48,362.24. I thought it was a scam and I called the police and filed the case

Exposure

2020-12-13

FX2812005723

Unverified

Hong Kong

I've traded here since November 1, 2020. I wanna withdraw when I profited. But the customer service rejected my application on grounds of wrong bank card number. And I was asked to pay margin. They promised the margin would be returned. Then I applied for the withdrawal again after I paid the margin and offered photos of bank card and ID card. But the customer service decresed my credit score and rejected my application for a low credit score. Later, he told me I can't withdraw funds until the end of the month after the settlement. I contacted the customer service after a period of time, but they didn'y reply to me anymore, let alone approve my application. I was cheated of over 170,000 and I hope the relevant departments can investigate and ask them to return my hard-earned money!

Exposure

2020-12-10

FX2812005723

Unverified

Hong Kong

Deposit on October 31, 2020 and begin operating on October 31 in PWM. Then I wanna withdraw funds, but the customer service asked me to pay margin and offer the photos of ID card and bank card on grounds of wrong bank card number so that he could help me change the info. But I failed again, then the customer service prevented me from withdrawing for insufficient credit score. I asked for the solution to my withdrawal issue. However, the customer service asked me to wait until the end of November. Then, he just disappeared. No response. My capital of over 170,000 is gone. I thought I could improve my quality of life. But now, it’s even worse. I hope you can help me forward this exposure to help others avoid being cheated. And I want the relevant departments can help me check on PWN and bring justice. Let them pay back our hard-earned money and keep us from being cheated!

Exposure

2020-12-08

摸一下

Unverified

Hong Kong

Don't believe high profits in case of being fooled. The net is virtual, If you wanna make money, it's be better to make money in real life.

Exposure

2020-12-08

杨芳30591

Unverified

Hong Kong

Scam. The analyst guides me to operate. And he said I have to add positions to continue operating.

Exposure

2020-11-27

12
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Relevant Enterprises

PWM日本証券株式会社(Japan)
Active
Japan
Registration No. 3010001063926
Established --
Related sources Website Announcement

Company Summary

PWM Japan Securities Review Summary
Founded1999
Registered Country/RegionJapan
RegulationRegulated by FSA
Market InstrumentsInvestment products, foreign bonds
Demo Account/
Trading Platform/
Customer SupportContact form
Phone: 03-6809-2388, 03-6809-2410

PWM Japan Securities Information

PWM Japan Securities is a Japanese financial institution established in 1999 and regulated by the Financial Services Agency (FSA). It offers a wide range of investment products, including investment trusts, foreign bonds, and pension plans. However, fee details are not clear.

PWM Japan Securities Information

Pros and Cons

Pros Cons
Regulated by FSALack of fee information
Long operation timeOnly one type of account mentioned

Is PWM Japan Securities Legit?

PWM Japan Securities is regulated by the Japan Financial Services Agency (FSA) with a Retail Forex License, license number 関東財務局長(金商)第50号.

PWM Japan Securities license

What Can I Trade on PWM Japan Securities?

PWM Japan Securities offers a variety of investment products, including investment trusts that cover a wide range of categories such as domestic and international stocks, bonds, real estate investment trusts, balanced funds, and commodity funds.

They also offer an Asset Accelerator program that supports international diversified investments starting from 10,000 yen per month. In addition, PWM provides foreign bonds as well as corporate defined contribution pension plans.

products
products

Account Type

PWM Japan Securities supports NISA accounts, allowing investors to open tax-exempt accounts and trade with tax-free profits.

Account Type

Keywords

  • 15-20 years
  • Regulated in Japan
  • Retail Forex License
  • High potential risk

Wiki Q&A

PitBull
Within 1 year

Can you tell me the highest leverage PWM Japan Securities provides for major forex pairs, and how their leverage differs for other types of assets?

WikiFX Reply
Based on my close review of PWM Japan Securities, I have not been able to locate transparent or precise information regarding their maximum leverage for major forex pairs or how their leverage offerings might change across other asset classes. As an experienced trader, I consider the clarity and public availability of such crucial trading parameters to be a fundamental component of trust and operational transparency. For me, leverage levels greatly impact risk management and position sizing, so the absence of this information is a notable concern. In my due diligence, I also noticed PWM Japan Securities primarily advertises a variety of investment products, such as foreign bonds, investment trusts, and pension plans, rather than detailing specific forex trading conditions. Furthermore, neither their public materials nor third-party overviews provide explicit leverage figures. This lack of disclosure stands out, especially since reputable brokers usually present this information up front to allow clients to make fully informed decisions about their potential exposure. Given the importance of leverage in both risk and reward, and mindful of my responsibility to safeguard my own capital, I would proceed with considerable caution when key variables like leverage are not openly detailed. If clear leverage terms are not provided directly and publicly, I believe it is prudent to avoid committing significant funds with such a provider until further verified details are available.
Broker Issues
PWM Japan Securities
Platform
Leverage
Instruments
Account
In a week
United States
S jonas
Within 1 year

Is it possible to trade particular assets such as Gold (XAU/USD) and Crude Oil through PWM Japan Securities?

WikiFX Reply
As someone who takes broker due diligence very seriously, I always start by verifying not only regulation but also the actual offering of tradable products. With PWM Japan Securities, my experience was shaped by a careful examination of their official disclosures, rather than any marketing promises. What stood out to me is that, despite their FSA regulation in Japan and their apparent longevity, PWM Japan Securities is primarily focused on investment trusts, foreign bonds, and pension plans. Their website mentions diversified investment products, but in my direct review, I did not find explicit support for leveraged trading in popular commodities such as gold (XAU/USD) or crude oil. In the forex space, it's typical for brokers to list these assets clearly if they are available, especially given global trader demand. However, PWM Japan Securities’ asset list, based on my research, seems squarely tilted toward traditional investment products and not spot or CFD commodities. Considering the lack of clear information and the feedback indicating unresolved withdrawal issues and customer dissatisfaction, I cannot confirm the reliable availability of gold or oil trading here. For me, the absence of transparency around fees and product specifics heightens my caution. Unless this broker updates its public information to clearly state the inclusion of assets like XAU/USD or crude oil, I personally would not count on being able to trade those instruments with PWM Japan Securities. As always, I advise seeking clarity and documented evidence of asset availability before ever depositing funds.
Broker Issues
PWM Japan Securities
Platform
Leverage
Account
Instruments
08-23
United States
Vladimir
Within 1 year

Does PWM Japan Securities charge a commission per lot on their ECN or raw spread accounts?

WikiFX Reply
Speaking as an experienced trader, I have carefully reviewed all available information regarding PWM Japan Securities. Based on my assessment, I was unable to find any clear, transparent details about their commission structure, particularly concerning ECN or raw spread accounts. In fact, PWM Japan Securities appears to have limited public information on typical trading account types used by active forex traders, such as ECN or raw spread accounts, and there is no specific clarity about per-lot commission fees. What stands out for me is the absence of key details that I generally rely on for decision-making—namely, a comprehensive fee schedule and clear information about spreads and account structures. For traders who, like me, prioritize understanding total trading costs before making any commitments, this lack of transparency is concerning. Furthermore, the platform primarily emphasizes investment trusts, foreign bonds, and pension products rather than standard spot forex trading. Additionally, my due diligence revealed significant and recurring complaints regarding withdrawal difficulties and demands for extra payments under various pretexts. From a risk management perspective, even if the firm is under Japanese FSA oversight, these unresolved exposure reports signal enough potential risk that I personally would avoid depositing funds or trading without much more detailed, verifiable information on all applicable fees and commission structures. For me, trust, clarity, and the ability to independently verify terms and withdrawal policies are non-negotiable.
Broker Issues
PWM Japan Securities
Fees and Spreads
08-22
United States
Vahid
Within 1 year

Which payment options are available for making deposits and withdrawals with PWM Japan Securities, such as credit cards, PayPal, Skrill, or cryptocurrencies?

WikiFX Reply
From my in-depth research and personal due diligence on PWM Japan Securities, I was unable to locate concrete, transparent information regarding specific payment options for deposits and withdrawals—such as credit cards, PayPal, Skrill, or cryptocurrencies. This absence of clear, published details on their funding and withdrawal methods is concerning for me as someone who values both operational transparency and straightforward processes when managing trading capital. What truly stood out, however, were the serious and consistent reports from other users highlighting extreme difficulty—or even impossibility—when attempting to withdraw funds. Many described being asked to pay additional fees, such as security funds or margins, or having their withdrawals delayed under various pretexts. Based on these dissatisfied user disclosures and my own standards for evaluating broker reliability, I have to emphasize that the actual ease and legitimacy of depositing or especially withdrawing funds from PWM Japan Securities appears very questionable. Given that PWM Japan Securities does not openly state which deposit and withdrawal options are officially accepted, and, more importantly, considering the number of unresolved complaints about withheld funds, I would urge prospective clients to be exceptionally cautious before sending any money to this platform. In my experience, full clarity on payment methods and a track record of honoring withdrawals are foundational for trust, and unfortunately, PWM Japan Securities does not inspire confidence in these regards.
Broker Issues
PWM Japan Securities
Deposit
Withdrawal
07-22
United States
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