Company Profile
Company Profile
Review summary
| Phillip Securities Review Summary | |
| Founded | 1920 |
| Registered Country/Region | Japan |
| Regulation | FSA |
| Market Instruments | Securities, ETFs |
| Demo Account | ❌ |
| Leverage | / |
| Trading Platform | / |
| Min Deposit | / |
| Customer Support | Contact form |
| Tel: +81-3-4589-3303 | |
| Address: 4-3, Nihonbashi Kabuto-cho, Chuo-ku, Tokyo,103-0026 Japan | |
Phillip Securities, operating under the umbrella of the Phillip Capital Group, has a rich history that dates back to 1920. The securities brokerage house became a part of the Phillip Capital Group in 2002. It is regulated by the Japan FSA. Their product offerings allow clients to trade on three domestic exchanges: TSE, OSE, and TOCOM.
Pros and Cons
| Pros | Cons |
| Long-history operation | No demo accounts |
| Global presence with three offices | Lack of transparency |
| Regulated by FSA |
Is Phillip Securities Legit?
Yes, Phillip Securities is regulated by the Financial Services Agency (FSA). It holds Retail Forex License with No. 関東財務局長（金商）第127号.
| Regulatory Status | Regulated |
| Regulated by | Financial Services Agency (FSA) |
| Licensed Institution | フィリップ証券株式会社 |
| Licensed Type | Retail Forex License |
| Licensed Number | 関東財務局長（金商）第127号 |
Products and Services
Phillip Securities offers three Domestic exchanges (TSE, OSE, and TOCOM) and Overseas exchanges(CME, ICE and SGX), ETF, and margin trading.
Besides, it also offers related services including investment consultation, custodian proxy services, outside connectivity options, low latency options, and settlement options.
Account
To open an account of Phillip Securities, you can fill in the account application forms. They claims that they accept account opening applications from most jurisdictions around the world including Singapore, Hong Kong, Australia, the United States, United Kingdom, and Cayman Islands.
FX2478212096
Japan
A woman I met on Facebook led me to LINE and solicited a financial transaction. The trading platform is mt5.prafili.com. ID251 was issued for private use and the woman (ID198) puts $ 2000 in my account and told me to put the same amount of money instead. So, first I sent 30,000 yen to open an account, then 70,000 yen, then 100,000 yen to the designated Sumitomo Bank's personal account, and the transaction started with a transaction, so it was 5340 dollars, so withdrawal When I applied, I was suspected of money laundering and paid a fine of $ 3000. After that, I requested to pay $ 1000 because there was a delay in my withdrawal application, and I paid each time. Still not paid and I was asked for $ 1500. I haven't received any money yet.
Exposure
79699
Japan
I’m impressed with the technological infrastructure. Their electronic trading systems are reliable and offer advanced features that help me manage my trades effectively.
Positive
Abel Gert
Netherlands
3 months into my Phillip Securities experience, I'm thoroughly impressed! They've got speedy withdrawals, low commissions, and the best part - 5-star customer service.👍👍👍
Positive
FX1383707667
Colombia
It's a reliable broker what else is there to say? I managed to work with different brokers for 3 years of trading. But judging by the terms and benefits for the traders, Phillip Securities is great. Money is indeed withdrawn in 48 hours from the moment you requested, but it's better to wait than to run into scammers for the sake of the safety and security of money.
Positive