Tokyo Metal is a forex broker whose official website domain was registered on June 19, 2023. It primarily offers investors trading services in financial derivatives such as foreign exchange, stocks, futures, energy, precious metals, and cryptocurrencies. The company is headquartered in London. This broker does not provide services to jurisdictions where it might violate local laws or regulations.
Corporate Registration Information and Regulatory Status:
According to public information on the official Tokyo Metal website, the full name of the broker is Tokyo Metal GROUP LIMITED, registered with the United States Financial Crimes Enforcement Network (FinCEN), with an MSB number of 31000234126807.
Upon verification, this broker's registration information could not be found on the Companies House (U.K.) official website. Additionally, a FinCEN search revealed that the MSB number 31000234126807 corresponds to an entity named SSJTCF GROUP LIMITED, not Tokyo Metal GROUP LIMITED.
Moreover, the design and content of the broker's official website bear a striking resemblance to those of brokers PU Markets Ltd, LOXLEY FX, HCJT GROUP, KFCP, XZDL GLOBAL, and Ylehub FX, among others.
Account Opening:
Tokyo Metal: To open an account with this broker, visit the official website and click on “Register” either on the homepage or at the top right corner of the page. Follow the instructions to enter your email address and set a login password, then submit. Once the application is submitted, the account is successfully registered.
Trading Account Information:
The official Tokyo Metal website does not disclose information regarding spreads, trading leverage, margin call/stop-out levels, account types, trading commissions, minimum/maximum trading volume, maximum open/order positions, or minimum price precision.
Trading Platform:
Tokyo Metal offers a proprietary trading platform to its users.
Deposits and Withdrawals:
Tokyo Metal has not clearly disclosed on its official website the supported methods for deposits and withdrawals, the fees involved, or the minimum deposit and withdrawal amounts.
Conclusion:
Traderknows reminds investors that Tokyo Metal is a financial derivatives trading brokerage website with unclear corporate registration information and lacks effective regulation. The website can only be contacted via email, with extremely limited contact options. Its official website design and content are identical to those of PU Markets Ltd, LOXLEY FX, HCJT GROUP, KFCP, XZDL GLOBAL, Ylehub FX, and other brokerage websites, using the same template. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this brokerage is marked as "suspected of fraud" on Traderknows.
