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How much do you need to deposit at a minimum to start a live trading account with Shikoku?

Broker Issues
Shikoku
Deposit
Withdrawal
08-10
United States
WikiFX
Reply

In my time exploring and evaluating different brokers, I’ve learned that transparency around minimum deposit requirements is crucial for making informed decisions and managing risk. With Shikoku, what stands out to me is the absence of a clearly stated minimum deposit amount. Based on the information provided, there isn’t a specified figure for a minimum deposit—only that bank transfer fees range from JPY 0 to JPY 4,000, and that the processing time is typically under 24 hours. While this might suggest flexibility, I view it as a point to approach cautiously. A lack of explicit guidance on the minimum amount needed to fund an account can be inconvenient for planning, especially for traders like myself who prefer to start small or set strict allocation limits. Over the years, I’ve learned to be especially careful with any broker that isn’t fully straightforward on basic account conditions. Although Shikoku is regulated by Japan’s FSA and has been in operation for over a decade—factors that do add a level of security—the absence of clearly published minimum deposit details makes me hesitant to proceed without first contacting customer support directly for clarification. That, in my experience, is the safest and most responsible approach before committing any funds.

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