The full risk disclosure aligned with Japan's Financial Instruments and Exchange Act and related regulation. Please read before trading.
Trading financial instruments can cause you to lose your principal. Past performance is not indicative of future results. KiShisanMyaku does not provide investment, tax or legal advice.
Financial instrument prices can move for many reasons — economic, political, company-specific, and market sentiment. The value of your positions can change substantially, sometimes rapidly.
Margin trading and futures amplify both returns and risk. If you cannot maintain adequate margin, we may close positions without a margin call and you may lose more than you deposited.
Some markets — small-cap equities, illiquid ETFs, non-major FX pairs — may not permit you to exit at a favourable price immediately. This can worsen during periods of market stress.
The JPY equivalent of foreign-currency-denominated assets moves with the FX rate — even when the underlying asset itself does not.
Crypto assets exhibit higher volatility than the broader market, direct dependence on identifiable primary information sources, and an evolving regulatory framework. Even FSA-registered venues remain exposed to operational risk.
Despite our client-fund segregation and JIPF membership, residual risk exists from our insolvency or the insolvency of any of our venues.
Tax laws and their application change. We do not provide tax advice — please consult a qualified professional about your tax status and the implications in your situation.