Saxo Bank Securities Ltd. — Foreign Multi-Asset Securities Firm (JVCEA Type 2 Associate Member)
ConfidenceLikelyUpdated2026-07-29Review by2027-01-29Sources4Machine-translatedOriginal (JA)
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This entry sits under exchanges index. Read it with FSA crypto-asset exchange registration system — number system / Local Finance Bureau jurisdiction / registration requirements for adjacent context and Japan Financial Regulation — Legal Framework for Tokens, Crypto Assets, and Payments for the broader system boundary.
FSA registration: Kanto Local Finance Bureau Director (Kinsho) 第239号 (Type I Financial Instruments Business Operator) and Type II Financial Instruments Business Operator · JVCEA Type 2 Associate Member #2027 · FSA Crypto Asset Exchange Business Registration: None
1. Legal Entity and Shareholders
- Trade name: Saxo Bank Securities Ltd. (Saksobanku Shoken Kabushiki Kaisha)
- English name: Saxo Bank Securities Ltd.
- Incorporation: 平成18年4月（2006年4月）
- Registered office: 106-6036 , Roppongi 1-6-1 , Minato-ku, Tokyo, Izumi Garden Tower 36F (JVCEA registered address: Toranomon 1-2-8 , Toranomon Kotohira Tower 22F)
- Capital: 8億9千万 JPY (after capital increase in 令和5年5月 / 2023年5月)
- Parent company: Saxo Bank A/S (Copenhagen, Denmark) 100% stake
- Listing status: Unlisted (parent Saxo Bank A/S is also an unlisted online bank)
A wholly owned Japanese subsidiary of Saxo Bank A/S, an online bank headquartered in Denmark. The group was founded in 1992.
2. Licenses and Registration
- Type I Financial Instruments Business Operator: Kanto Local Finance Bureau Director (Kinsho) 第239号
- Type II Financial Instruments Business Operator: Registered 平成30年6月 (2018年6月)
- Commodity Futures Trading Business Operator: Ministry of Economy, Trade and Industry license No. ２０２２１２０６商第２号; Ministry of Agriculture, Forestry and Fisheries license No. 指令４新食第２０８７号
- FSA Crypto Asset Exchange Business: Not registered (the firm is not a crypto asset exchange business operator)
- JVCEA membership category: Type 2 Associate Member #2027
What is a JVCEA Type 2 Associate Member
JVCEA Type 2 membership covers firms applying or planning to apply for crypto-asset exchange or crypto-asset derivatives registration. Membership alone does not establish whether an individual filing has been submitted, its review stage, or an expected approval date; this entry does not infer Saxo Bank Securities’ application status.
Industry memberships (excluding crypto): Japan Securities Dealers Association, Japan Financial Futures Association, Japan Investor Protection Fund, Japan Commodity Futures Industry Association.
3. Traded Assets
The Japanese entity’s official product list retrieved on 2026-05-18 did not list crypto-asset spot trading or crypto-asset CFDs. This entry does not infer global products or future availability.
4. Business Scope
As a multi-asset securities firm, the company handles the following:
The following is a summary of the categories displayed in the Japanese entity’s official product catalog. Instrument counts and fees can change and are therefore not used as fixed evidence in this table. ^[Source: https://www.home.saxo/ja-jp/products.]
| Product category | Description |
|---|---|
| FX | OTC FX including major and minor currencies and precious metals |
| Foreign equities | Foreign equities listed on overseas exchanges |
| CFDs | CFDs referencing equity indices, single stocks, ETFs, and commodities |
| Foreign equity and index options | Options on US equities and major indices (S&P, VIX, etc.) |
| FX and precious-metal options | Options on FX and precious metals |
| Futures | Equity index, energy, precious metals, interest rates |
| ETFs | ETFs for diversified exposure to global markets |
- Leveraged (margin) trading: Available for FX and CFDs
- Account types: Omnibus account (equities + derivatives), overseas commodity futures, NDF (Non-Deliverable Forward)
- Fiat deposits: Bank transfer (primary banking partner: Sumitomo Mitsui Banking Corporation); JPY and USD accounts supported simultaneously
5. Market Share and Volumes
- The Japanese entity’s official corporate and product materials reviewed on 2026-07-29 contain no customer-account or trading-volume figures comparable across firms. This entry does not infer a market rank or scale.
6. History and Material Events
The table below is based on Saxo Bank Securities’ official company profile and history. That page does not establish the date of JVCEA membership, so the June 2018 Type II financial-instruments registration is not treated as the JVCEA admission date. ^[Source: https://www.home.saxo/ja-jp/about-us/company.]
| Period | Event |
|---|---|
| 平成18年4月 (2006年4月) | Incorporated as a direct affiliate of Mitsui & Co. with capital of 5千万 JPY under the name “Mitsui & Co. Futures FX Co., Ltd.” |
| 平成18年10月 (2006年10月) | Completed registration as a financial futures trading business operator with the FSA |
| 平成19年6月 (2007年6月) | Became a 100% subsidiary of Astmax Co., Ltd.; trade name changed to “Astmax FX Co., Ltd.” |
| 平成21年6月 (2009年6月) | Became a 100% subsidiary of Saxo Bank A/S (Denmark); trade name changed to “Saxo Bank FX Co., Ltd.” |
| 平成22年7月 (2010年7月) | Launched equity index CFD and commodity CFD services |
| 平成22年12月 (2010年12月) | Trade name changed to “Saxo Bank FX Securities Co., Ltd.”; launched single-stock CFDs |
| 平成25年1月 (2013年1月) | Succeeded the OTC derivatives business of Kakaku.com Financial Inc. (kakakuFX, KakakuKin) via corporate split |
| 平成28年2月 (2016年2月) | Trade name changed to “Saxo Bank Securities Ltd.” (current name) |
| 平成28年3月 (2016年3月) | Launched omnibus account, overseas commodity futures, and NDF services |
| June 2018 (Heisei 30) | Registered as a Type II Financial Instruments Business Operator with the FSA |
| 令和2年5月 (2020年5月) | Capital increase to 4億9千万 JPY |
| 令和5年5月 (2023年5月) | Capital increase to 8億9千万 JPY (current) |
Within the official company history reviewed above, this review did not identify a statement showing an administrative action or security breach. This is not an assertion that no such event exists.
7. Strategic Developments
- 2026年4月~ (limited period): Campaign offering up to 10万円 cashback on currency conversion costs (0.25%) when transferring funds from JPY to USD accounts, aimed at boosting US equity trading in USD-denominated accounts
- 2026年5月: Comeback campaign for clients with no recent activity (1 executed trades in equities, ETFs, or options required to earn 1,500円 in Saxo Coupons)
- The global Saxo Bank group is strengthening its brand as a “trading tools company,” emphasizing connectivity with external tools including TradingView, OpenAI, and FIX API
- The Japanese entity’s crypto-related position should be checked separately through its JVCEA Type 2 membership and its live official product list.
8. Key Persons
- Representative Director, President: Rawal Siddharth (as stated on the official corporate website, as of 2026年5月)
- Representative Director: Hansen Kyu Thomas (same source)
- Group founder: Lars Seier Christensen (founded in 1992年 in Denmark; currently Chairman of the Board of Saxo Bank A/S)
- Ownership: Saxo Bank A/S (Denmark) 100%. Details of group shareholders available in English-language IR materials
Related
- japan-financial-regulation — Japan financial regulation overview
- japan-bittrade-listing-process — Token listing process (general, separate from individual firm listing activity)
- japan-stablecoin-regulatory-landscape — Related stablecoin regime
- jp-trust-type-sc-architecture — Related SC regime
- jvcea-type2-associate-membership-system — JVCEA Type 2 associate membership system
- jp-vasp-parent-company-map — JP VASP parent company map
- jp-vasp-derivative-license-system — JP VASP derivatives license regime
Sources
- Saxo Bank Securities — Company Overview and History (retrieved 2026-05-18)
- Saxo Bank Securities — Product List (retrieved 2026-05-18)
- Saxo Bank Securities — CFDs (retrieved 2026-05-18)
- About Saxo Bank Group (retrieved 2026-05-18)
- JVCEA Member List (retrieved 2026-05-18)
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