Forex Broker Johnan Shinkin Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

Johnan Shinkin Trading Conditions

Registered Region Japan

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email N/A

Contact Number N/A

Website www.jsbank.co.jp

Balanced Review

Pros & Cons

Pros

Established financial institution since 1945
Diverse range of financial services including internet banking and loans
Multiple trading instruments across various asset categories
Accessible minimum deposit requirement of 50 JPY
Available trading platforms: MT4, MT5, and web version

Cons

No regulatory oversight or license
Multiple fees may increase overall trading costs
Limited educational resources and market analysis
Withdrawal and deposit fees depending on methods
Potential difficulties in resolving disputes

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Johnan Shinkin	FXTF	Phillip	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Japan	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Johnan Shinkin Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Access to a wide range of trading instruments	Suitable for those with limited capital
Professional Account	Experienced traders	Potential for higher leverage and enhanced trading conditions	Requires proof of trading experience
Corporate Account	Business entities	Tailored services for corporate clients	Requires corporate documentation
Demo Account	All levels of traders	Practice trading without real capital	Ideal for testing strategies and the platform

Account Opening Process

To open an account with Johnan Shinkin, prospective clients need to complete the following steps: First, submit personal information, including name, contact details, and date of birth. Next, provide employment details, such as employer name and job title, alongside financial information regarding income and net worth. Identity verification is necessary, requiring an official ID and proof of address. Once the account is set up, clients may have the flexibility to upgrade to a professional account later, depending on their trading experience and needs.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	0.8	$0	Tight spreads for major currency pairs
CFDs (Stocks, Indices)	1.0	$5 per lot	Standard spreads apply
Cryptocurrencies (BTC/USD)	1.0%	0.1%	Variable depending on market conditions

Other Fees

Johnan Shinkin applies several additional fees that customers should be aware of. These include deposit and withdrawal fees, which may vary depending on the method used. Inactivity fees could be charged if an account remains dormant for an extended period. Additionally, platform usage fees might be applicable, along with overnight interest (swap rates) for positions held beyond the trading day. Currency conversion fees may also apply when trading in different currencies or withdrawing funds in a different currency than the account’s base currency.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Johnan Shinkin User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Akira Tanaka

Tokyo

★ ★ ★ ★ ★

I was really excited to start trading with Johnan Shinkin, but I’ve had multiple issues with withdrawals. It took much longer than expected, and customer support was not very helpful in resolving my concerns. I wouldn’t recommend this broker if you need quick access to your funds.

Yuki Sato

Osaka

★ ★ ★ ★ ★

Overall, I have had a good experience with Johnan Shinkin. The trading platform is user-friendly, and I found the execution speed to be quite fast. While there are some fees, the variety of instruments available for trading compensates for that. I appreciate the accessible minimum deposit requirement too.

Hiroshi Yamamoto

Nagoya

★ ★ ★ ★ ★

I am very disappointed with my experience at Johnan Shinkin. The lack of regulatory oversight makes me feel uneasy about the safety of my funds. Customer support was unresponsive when I reached out for help with my account. I don’t think I’ll be trading here any longer.

Megumi Suzuki

Fukuoka

★ ★ ★ ★ ★

Johnan Shinkin has been a great broker for me! I love the MT4 platform, which provides all the tools I need for my trading strategy. The deposit process was smooth, and I’ve enjoyed exploring different trading instruments. I appreciate the flexibility of trading on their mobile app as well.

Japan Market