Is Shinsei Corporate Management Scam or Legit Broker?

No, Shinsei Corporate Management is not safe to trade with itBesides the fact that unregulated and offshore companies are considered to be risky businesses and are not advised as trustable brokers, Shinsei Corporate Management also gained a negative reputation on internet sources and among traders.

 

About Shinsei Corporate Management
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is Shinsei Corporate Management safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is Shinsei Corporate Management?

The broker Shinsei Corporate Management offers vast trading opportunities with complete resources and investment services with advanced offerings to retail, institutional clients, and wealth management. The company states its address in Japan with 17 years of experience and over 7 thousand clients engaged with them.

  • Besides the allegedly attractive offering, the facts reveal that the company does not hold a proper license to deliver its investment service within or beyond its location. This means, that there is no implemented set of rules that confirms company sustainability and ability to maintain obligations towards the clients.
  • It is also worth mentioning, that at the moment of our investigation, the broker's website is partly disfunctional. We recommend traders to make their own research and decide whether it is worth signing in with the broker. 
  • In addition, the firm’s offering caught the attention of international authorities, as their non-licensed operation was delivered to jurisdictions that strictly monitor market offerings. The alerts were issued by the Austrian FMA, while other partner regulators within and far the EU followed the issue.

“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 Shinsei Corporate Management is not entitled to carry out certain investment services. Provided that said person has given cause for such action and informing the general public is deemed necessary and reasonable with regard to possible disadvantages of the person concerned.”

FMA, Austria. September 2018.

Shinsei Corporate Management Review

Overall Shinsei Corporate Management Ranking 

Because of the regulation and safety issues we revealed during our research of Shinsei Corporate Managementwe do not rank positively Shinsei Corporate Management, based on our Expert Opinion with over 10 Years of experience in Forex Trading.

  • Shinsei Corporate Management Overall Ranking is 2 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.

RankingShinsei Corporate ManagementFP MarketsPepperstone
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
Is Broker safe? NoYesYes
AdvantagesNoneTrading Environment Trading Platforms

Shinsei Corporate Management Alternative Brokers

We revealed that Shinsei Corporate Management has a lot of issues, mainly in respect of its safety and registration. Thus, here are much better Alternatives to Shinsei Corporate Management with tight regulations and great trading conditions. We select Good Brokers and reliable options for your comparison below: 

  • HFM – Good for Currency trading
  • FP Markets – Good for CopyTrading
  • XM – Good for Beginners

Shinsei Corporate Management Review Conclusion

Generally, investment and financial services require a high level of caution while dealing with and choosing the company to engage with. We advise choosing among regulated brokers only. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FBS and BlackBull Markets.

  • Overall ranking and experience for Shinsei Corporate Management is Negative

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