FSA — Australia
丸三証券株式会社
Regulated · No. 関東財務局長（金商）第167号
MARUSAN Review — Overview
Regulation
Tier-1 regulated
Licence
FSA · No. 関東財務局長（金商）第167号
Licence status
Regulated
Instruments
Investment trusts, stocks, and bonds
Typical spread
Varies with different currencies
Operating
Est. 1996
Main market
JP
Entity
丸三証券株式会社
Website
Unknown
MARUSAN is a forex & CFD broker based in Japan, established in 1996. On Trust Broker Hub it holds a Trust Score of 6.5 out of 10, which we rate as Fair — above the 5.3/10 average for brokers that hold a verified licence. Mixed profile — check regulation and conditions before depositing.
Crucially, MARUSAN is regulated by FSA, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
MARUSAN provides access to Investment trusts, stocks, and bonds. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, MARUSAN has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?
Weighted total
8.10
Data completeness
6 of 10 facts verified
60% ×0.80
Trust Score
6.5 / 10
Trust Score history
MARUSAN currently scores 6.5/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Investment trusts, stocks, and bonds |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Varies with different currencies |
| Platforms | Not disclosed |
| Demo account | ❌ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on MARUSAN
Our analysis · editorial
6.5/10
Tier-1 regulated, solid profile
MARUSAN holds a tier-1 regulatory licence (FSA). Based in Japan, it has been operating for about 30 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 6.5/10 — a reasonable profile.
Strengths
- Authorised by a tier-1 regulator (FSA)
- Long 30-year operating track record
- No complaints on record with us
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: A reasonable option, but confirm the entity you open an account with is the regulated one.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
MARUSAN — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag MARUSAN here if that changes.
Full specifications
Regulated region
Japan
Operating period
15-20 years
Main market
JP
Licensed entity
丸三証券株式会社
License status
Regulated
Instruments
Investment trusts, stocks, and bonds
Year founded
1996
Frequently asked
Is MARUSAN a safe broker?
MARUSAN scores 6.5 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the MARUSAN trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from MARUSAN?
MARUSAN doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.