The Kanto finance bureau of Japan’s Ministry of Finance (MoF) has updated its warning list to caution potential investors against trading with several Forex and binary options brokers, including some firms authorized by well-known regulators in other jurisdictions.

The London Summit 2017 is coming, get involved!

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The new blacklisted companies include some famous brands such as FXDD, XM.COM, TRADEVIEW MARKETS, among many others.

The firms on Kanto’s list may have Regulation in other jurisdictions, but this is not sufficient as no such passports are recognised and firms need to also obtain JFSA authorization in order to do business in Japan.

Additionally, Kanto added additional binary options brokers to the list as part of the agency’s ongoing attempts to clamp down on unauthorised trading. OptionBit, OptionRally, Speed ​​Option and ROYAL OPTION are the latest binary options brands to be added to Kanto’s caution list.

The firms cited have either made solicitations or offered services online in Japan and/or in Japanese while not being permitted to do so. Japanese customers of these firms are not afforded the protections available to customers of firms properly licensed and regulated in the country.

The Japanese watchdog confirmed that registration under the Financial Instruments and Exchange Act is required in principle, even for overseas operators, for offering financial instruments for Japanese residents or for transacting with them as counterparties.

The agency noted that the information used in the warnings was obtained from solicitation materials, and therefore may be inaccurate. In addition, investors are able to check on the Japanese Financial Services Authority (JFSA) website to confirm if a company is registered and regulated in the country.

The latest warning, dated June 9, includes the following names:

Trader name Service name
PLT Company Limited FOREX HEART, FX-Heart
NC Ltd. ROYAL OPTION, ROYAL OPTION
Future Trust Co., Ltd. FutureTrust, Future Trust
Focus trade management secretariat Focus Trade, Focus Trade
TOSE CORPORATION Stock trend, KABUSHIKITREND
Wall Street Club Japan Branch
Infin Markets Limited Infinmarkets
DREAM FOR A LIVING LTD BinaryKing 13
Investment coffee business administration, Inc. Investment cafe
Market link Corporation Business Leader Market, Business Leader Market, BLM
Big Boss Financial Limited Big Boss Financial, Big Boss
Wilfort Corporation
White Corporation FIVESTAR TRADE, FIVE STAR TRADE
Hikari Co., Ltd. Stock hotline
Redream Corporation STOCK EDUCATION
Nexus Trade Management Office Nexus trade, Nexustrade
VISTA Management Office VISTA
FineStock administration office Fine Stock, FineStock
AQUARIUS Ltd FX Noah
Pivot Markets International Inc. Pivot Markets, Pivot Market
Fukumi Corporation
Pinnacle Wealth Management Limited
Ariana Co., Ltd. Site, SITE, Stock Site
Hope Corporation Stock Yomi
Tradeview Ltd TRADEVIEW MARKETS, TRADEVIEW, TRADE VIEW
FX Globe Ltd FXGLOBE, FX glove
IVA Gold ltd. Banco Capital, Banco Capital
New Life Co., Ltd.
Avic Corporation
Lotus Corporation UP, RANK (Rank)
Co., Ltd. Item MG, MEDIA (media)
VOLtd OPTION COLOR
Winwin International Marketing Limited CONNECT (connect, connect)
ZION Corporation Compass (COMPASS)
Million traders management office Million Traders (Million traders)
Flyer Corporation Stock Time
ASSET MANAGEMENT
Light Co., Ltd. Stock channel
Classy Capital Management Co., Ltd.
Intelligence Corporation NEXT (NEXT)
Up Chance Holdings Limited Final stock project (FINAL STOCK PROJECT)
Pacific Investments Private Limited High Trade FX
Stock CINEMA Management Office Stock CINEMA (Cinema)
ALC Corporation Stock VISION
FUTUREMAKE LTD. FUTURE MAKE FX
Trading Point (Seychelles) Limited XM.COM (XM)
TO 88 LTD. Trend Option (Trend option)
Star Material Asset Management.LTD I Trader FX
Gallop Sea Limited GALAXY Markets
Chemmi Holdings Limited BinaryTilt
Brilliant Stage Limited Brilliant One Forex
BINEXT SOLUTIONS SRL LTD Gbinarys
Carolina Partners LLC (CAROLINA PARTNERS LLC)
Yamamoto Extension
F - Support Corporation
Cheshire Capital Ltd. TR Binary Options
Neo Climb Co., Ltd. Stock Fest A (Cub Festa)
Global Management Co., Ltd.
Sumo Forex Limited BinaryTilt
Louis Private Advisory Salon
ABF Fund Management Company Limited

The Kanto finance bureau of Japan’s Ministry of Finance (MoF) has updated its warning list to caution potential investors against trading with several Forex and binary options brokers, including some firms authorized by well-known regulators in other jurisdictions.

The London Summit 2017 is coming, get involved!

[gptAdvertisement]

The new blacklisted companies include some famous brands such as FXDD, XM.COM, TRADEVIEW MARKETS, among many others.

The firms on Kanto’s list may have Regulation in other jurisdictions, but this is not sufficient as no such passports are recognised and firms need to also obtain JFSA authorization in order to do business in Japan.

Additionally, Kanto added additional binary options brokers to the list as part of the agency’s ongoing attempts to clamp down on unauthorised trading. OptionBit, OptionRally, Speed ​​Option and ROYAL OPTION are the latest binary options brands to be added to Kanto’s caution list.

The firms cited have either made solicitations or offered services online in Japan and/or in Japanese while not being permitted to do so. Japanese customers of these firms are not afforded the protections available to customers of firms properly licensed and regulated in the country.

The Japanese watchdog confirmed that registration under the Financial Instruments and Exchange Act is required in principle, even for overseas operators, for offering financial instruments for Japanese residents or for transacting with them as counterparties.

The agency noted that the information used in the warnings was obtained from solicitation materials, and therefore may be inaccurate. In addition, investors are able to check on the Japanese Financial Services Authority (JFSA) website to confirm if a company is registered and regulated in the country.

The latest warning, dated June 9, includes the following names:

Trader name Service name
PLT Company Limited FOREX HEART, FX-Heart
NC Ltd. ROYAL OPTION, ROYAL OPTION
Future Trust Co., Ltd. FutureTrust, Future Trust
Focus trade management secretariat Focus Trade, Focus Trade
TOSE CORPORATION Stock trend, KABUSHIKITREND
Wall Street Club Japan Branch
Infin Markets Limited Infinmarkets
DREAM FOR A LIVING LTD BinaryKing 13
Investment coffee business administration, Inc. Investment cafe
Market link Corporation Business Leader Market, Business Leader Market, BLM
Big Boss Financial Limited Big Boss Financial, Big Boss
Wilfort Corporation
White Corporation FIVESTAR TRADE, FIVE STAR TRADE
Hikari Co., Ltd. Stock hotline
Redream Corporation STOCK EDUCATION
Nexus Trade Management Office Nexus trade, Nexustrade
VISTA Management Office VISTA
FineStock administration office Fine Stock, FineStock
AQUARIUS Ltd FX Noah
Pivot Markets International Inc. Pivot Markets, Pivot Market
Fukumi Corporation
Pinnacle Wealth Management Limited
Ariana Co., Ltd. Site, SITE, Stock Site
Hope Corporation Stock Yomi
Tradeview Ltd TRADEVIEW MARKETS, TRADEVIEW, TRADE VIEW
FX Globe Ltd FXGLOBE, FX glove
IVA Gold ltd. Banco Capital, Banco Capital
New Life Co., Ltd.
Avic Corporation
Lotus Corporation UP, RANK (Rank)
Co., Ltd. Item MG, MEDIA (media)
VOLtd OPTION COLOR
Winwin International Marketing Limited CONNECT (connect, connect)
ZION Corporation Compass (COMPASS)
Million traders management office Million Traders (Million traders)
Flyer Corporation Stock Time
ASSET MANAGEMENT
Light Co., Ltd. Stock channel
Classy Capital Management Co., Ltd.
Intelligence Corporation NEXT (NEXT)
Up Chance Holdings Limited Final stock project (FINAL STOCK PROJECT)
Pacific Investments Private Limited High Trade FX
Stock CINEMA Management Office Stock CINEMA (Cinema)
ALC Corporation Stock VISION
FUTUREMAKE LTD. FUTURE MAKE FX
Trading Point (Seychelles) Limited XM.COM (XM)
TO 88 LTD. Trend Option (Trend option)
Star Material Asset Management.LTD I Trader FX
Gallop Sea Limited GALAXY Markets
Chemmi Holdings Limited BinaryTilt
Brilliant Stage Limited Brilliant One Forex
BINEXT SOLUTIONS SRL LTD Gbinarys
Carolina Partners LLC (CAROLINA PARTNERS LLC)
Yamamoto Extension
F - Support Corporation
Cheshire Capital Ltd. TR Binary Options
Neo Climb Co., Ltd. Stock Fest A (Cub Festa)
Global Management Co., Ltd.
Sumo Forex Limited BinaryTilt
Louis Private Advisory Salon
ABF Fund Management Company Limited