Score
Japan
|
15-20 years
| http://www.miki-sec.co.jp/
Website
Rating Index
Influence
C
Influence index NO.1
Japan 2.91
LicensesLicensed Entity：三木証券株式会社
License No. 関東財務局長（金商）第172号
Single Core
1G
40G
1M*ADSL
Japan
VIP is not activated.
| MIKI Review Summary | |
| Founded | 1936 |
| Registered Country/Region | Japan |
| Regulation | Regulated by FSA |
| Market Instruments | Securities, stocks, insurance, commodities and gold, and real estate |
| Demo Account | ❌ |
| Trading Platform | / |
| Minimum Deposit | / |
| Customer Support | Contact form |
| 03-3278-1111 | |
MIKI is a securities company based in Japan with several sale branches across the country. It provides traders with access to a range of trading products and financial services. It is now under FSA.
Here is the home page of this brokers official site:
| Pros | Cons |
| Regulated by FSA | Brokerage and trading fees charged |
| Long-history established | Non-English page |
| Wide range of products and services |
MIKI has been regulated by the Financial Services Agency (FSA), holding Retail Forex License with 関東財務局長（金商）第172号.
| Regulatory Status | Regulated |
| Regulated by | Japan |
| Licensed Institution | 三木証券株式会社 |
| Licensed Type | 関東財務局長（金商）第172号 |
| Licensed Number | Retail Forex License |
MIKI offers trading in securities, stocks, insurance, commodities and gold, and real estate. Besides, they also offers many financial services including securities - related brokerage services, investment - related contracts and advisory, and business consultation and intermediary services.
| Trading Instruments | Supported |
| Securities | ✔ |
| Stocks | ✔ |
| Insurance | ✔ |
| Commodities | ✔ |
| Gold | ✔ |
| Real estate | ✔ |
| Forex | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
MIKI charged fees for trading in domestic and foreign stocks:
Domestic Stock Trading Fees:
| Contract Price Range | Trading Fee Calculation Formula |
| 1,000,000 yen or less | [Contract price × 1.09%] × 110% |
| Over 1,000,000 yen ~ under 3,000,000 yen | [Contract price × 0.78% + 3,100 yen] × 110% |
| Over 3,000,000 yen ~ under 5,000,000 yen | [Contract price × 0.73% + 4,600 yen] × 110% |
| Over 5,000,000 yen ~ 10,000,000 yen | [Contract price × 0.62% + 10,100 yen] × 110% |
| Over 10,000,000 yen ~ Less than 30,000,000 yen | [Contract price × 0.51% + 21,100 yen] × 110% |
| Over 30,000,000 yen ~ 50,000,000 yen | [Contract price × 0.22% + 108,100 yen] × 110% |
| Over 50,000,000 yen | [Flat rate 218,100 yen] × 110% |
Foreign Securities (Consignment) Brokerage Fees:
| Contract Price Range | Trading Fee Calculation Formula |
| 500,000 yen or less | [Flat rate 7,500 yen] × 110% |
| Over 500,000 yen ~ under 1,000,000 yen | [Contract price × 1.00% + 2,500 yen] × 110% |
| Over 1,000,000 yen ~ under 3,000,000 yen | [Contract price × 0.90% + 3,500 yen] × 110% |
| Over 3,000,000 yen ~ under 5,000,000 yen | [Contract price × 0.80% + 6,500 yen] × 110% |
| Over 5,000,000 yen ~ 10,000,000 yen | [Contract price × 0.70% + 11,500 yen] × 110% |
| Over 10,000,000 yen ~ Less than 30,000,000 yen | [Contract price × 0.60% + 21,500 yen] × 110% |
| Over 30,000,000 yen ~ 50,000,000 yen | [Contract price × 0.50% + 51,500 yen] × 110% |
| Over 50,000,000 yen ~ 100,000,000,000 yen | [Contract price × 0.40% + 101,500 yen] × 110% |
| Over 100 million yen | [Contract price × 0.30% + 201,500 yen] × 110% |
Besides, it also charges various fees according to different products. You can browse their official website to learn the specific fee structures.
The main disadvantage of trading with MIKI is its lack of an English-language interface, which could be a significant barrier for non-Japanese speakers. Furthermore, MIKI charges brokerage fees for both domestic and foreign stock trading, which can be high, particularly for smaller trades. The fee structure is also somewhat complex, with fees based on contract price ranges, making it potentially difficult for new traders to fully understand. If you're considering a MIKI login, it's essential to consider these potential drawbacks before proceeding.
One of the key benefits of trading with MIKI is its long history, having been established in 1936. It offers a diverse range of financial products, including securities, stocks, commodities, gold, insurance, and real estate, allowing traders to diversify their portfolios. MIKI is also regulated by the Financial Services Agency (FSA), which provides confidence in its legitimacy and adherence to industry regulations. However, despite these advantages, non-English speakers may find navigating the platform challenging, and their trading fees could be a concern. For MIKI trading, these advantages make it a solid option for those familiar with the Japanese financial market.
Yes, MIKI is regulated by the Financial Services Agency (FSA) in Japan under the Retail Forex License, with the registration number 関東財務局長（金商）第172号. This regulation ensures that MIKI complies with industry standards, providing a level of protection to investors. The FSA regulates financial institutions in Japan, ensuring that they operate transparently and responsibly. If you’re considering a MIKI login for trading, this regulatory oversight is an important factor that adds legitimacy and security to MIKI's operations. However, it’s still important to verify if their services align with your trading goals.
MIKI does not offer a demo account, which could be a drawback for traders who want to practice before committing real money. A demo account is a useful tool for beginners to test strategies without risking capital. If you are new to trading, the lack of a demo account might make it harder to familiarize yourself with MIKI’s platform. Before proceeding with MIKI trading, I suggest ensuring you're comfortable with this limitation.
Please enter...
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
