Global Broker Regulation Inquiry App
WikiFX
Five8
1-2 years

Can you use Expert Advisors (EAs) for automated trading on Utsumiya’s platforms?

Broker Issues
Utsumiya
Leverage
Instruments
Platform
Account
08-11
United States
WikiFX
Reply

Based on my analysis and thorough risk assessment, I must highlight that Utsumiya operates with a revoked retail forex license from Japan’s Financial Services Agency, and there is a distinct lack of transparency regarding critical trading details, including which trading platforms (if any) are available. As someone who has spent years navigating forex brokers and understanding the significance of both transparent disclosures and regulatory oversight, I am particularly cautious when reviewing brokers like Utsumiya. The absence of clear information about trading platforms means I cannot verify whether the broker supports Expert Advisors (EAs) for automated trading. Usually, EAs require platforms like MetaTrader 4 or 5, but Utsumiya does not specify if these platforms are offered. In my experience, trustworthy brokers make their supported platforms and automated trading options very clear, along with regulatory assurances. Because Utsumiya currently lacks an active regulation and fails to provide even the basics about trading conditions or tools, I would strongly recommend against assuming EA availability. If automated trading is essential for your strategy, I would personally seek out a well-regulated broker that explicitly supports EAs and is transparent about all platform features and trading conditions.

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com