Nagaharu Global review

Is Nagaharu Global Scam or Legit Broker?

It is not safe to trade with Nagaharu Global. This is an offshore broker registered in Seychelles. The address provided on the website indicates the company is located in Tokyo, Japan. However, the broker is not regulated by the local regulator - the Japan Financial Services Authority.

• We do not recommend signing with offshore brokers, as they do not provide sufficient safety and might operate however they wish. The unregulated nature of the companies may put the traders' investments at risk. 

What is Nagaharu Global?

Nagaharu Global is an independent investment management firm that offers to trade and manages portfolios offering across a range of small, mid, and large-cap Asia Pacific equity strategies on behalf of institutions and clients globally. While the company states its address in Tokyo, Japan the research shows that the domain and the registration of the platform are located in Seychelles.

• In addition, there is no any mentioning of regulation or registration, which means that the firm is not a regulated one. As we always warn clients about trading with non-regulated entities, it’s the highest risk trusting the provider's words only, without the necessary implementation of protective tools. Therefore we do not advise investing with Nagaharu Global and to choose among reliable companies, authorized by reputable world agencies like ASIC (Australia) (Check ASIC regulated forex broker MEX Exchange) or by the MAS (Singapore) Regulated Brokers.
• Besides that, the company Nagaharu Global was detected offering its services in jurisdictions it got no legal permission to do so. For that reason, numerous European and beyond regulators issued warning to international clients against Nagaharu Global.

“The Financial Services and Markets Authority (FSMA) warns the public against the activities of Nagaharu Global, a company that offers investment services. Nagaharu Global is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or from Belgium.”

FSMA, Belgium. September 2017.

“The Austrian Financial Market Authority (FMA) may disclose to the general public by publication on the Internet, or in any other newspaper with nationwide circulation, that a particular natural or legal person is not entitled to carry out certain investment services”

FMA, Austria. May 2018.

Nagaharu Global Review Conclusion

We strongly advise traders to avoid unregulated and offshore brokers, especially when there are warnings against them. It is always safer to deal with companies licensed by reputable financial watchdogs such as UK’s FCA or Australia’s ASIC. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FBS and BlackBull Markets.

Nagaharu Global Update

We found the Nagaharu Global website inactive and unavailable to reach. This means the broker no longer operates. However, it is best to avoid and stay alert if any proposals come.