Review summary
Shogun Markets is a relatively new broker, established within the last 1–2 years and registered in Japan. The broker offers a tiered account structure with minimum deposits ranging from $5,000 for the Bronze account to $250,000 for the Diamond account, and leverage up to 1:400 on most account types. It supports scalping, hedging, and Expert Advisors. According to WikiFX data, Shogun Markets holds no valid authoritative forex trading licenses and operates without regulatory oversight from any known financial authority. This absence of a formal regulatory framework means there is no external supervision to safeguard client funds or ensure operational transparency. The broker’s overall WikiFX score is a low 1.20 out of 10, reflecting the lack of regulatory licensing. Potential traders should carefully consider the absence of financial oversight before engaging with this entity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-10)
