Verdict up front: Shogun Markets (shogun-markets.com) is a Japanese-language site promising “Trade the world, rule the market” with leverage up to 1:500 on 60+ currency pairs. It is listed on the BrokersView (FastBull) scam broker list. The domain was registered on 9 July 2025 — about 1 year 3 months ago.
| Website | shogun-markets.com |
|---|---|
| Name used | Shogun Markets |
| Language | Japanese |
| Leverage | Up to 1:500 |
| Licence shown | None |
| Listed | BrokersView (FastBull) scam broker list |
| Domain registered | 9 July 2025 — about 1 year 3 months old |
Japan caps leverage at 25
Japan’s Financial Services Agency limits retail forex leverage to 25:1, and firms that solicit Japanese residents must be registered. Shogun Markets offers twenty times that limit and shows no FSA registration.
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Contacted by someone from Shogun Markets?
✎ FILE A COMPLAINT ABOUT SHOGUN MARKETS
Or write to support@ettran.com — Include the website, what you paid and any screenshots. Never send passwords or seed phrases.
Counters stuck on zero
The statistics for forex, commodities and indices all show “0”. It is a template whose numbers never loaded — a sign nobody maintains the site seriously.
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A guarantee in the headline
The site says it is “a place where fast trading guarantees reliable results”. No legitimate broker guarantees results. In Japan, promising guaranteed outcomes for forex is itself prohibited.
New and nameless
The domain was registered in July 2025. There is no company name, number or address on the homepage.
⚠ Verified evidence
- Listed on the BrokersView (FastBull) scam broker list.
- Offers 1:500 to Japanese clients; no FSA registration.
- Statistic counters all show 0.
- Domain registered 9 July 2025.
How to check
Search the firm’s exact name and web address on the register of the regulator in your own country, and on IOSCO’s I-SCAN list. A real broker shows a licence number you can look up in under a minute — and the regulator’s own register links back to the broker’s real website.
What to do if you paid Shogun Markets
- Stop sending money — no “tax”, “release fee” or “upgrade” will unlock a withdrawal.
- Keep every record: receipts, wallet addresses, emails and chat screenshots.
- Call your bank or card issuer today and ask about a chargeback or recall.
- Report it to the regulator that issued the warning and to your local police.
- Ignore anyone who offers to recover the money for an upfront fee.
The verdict: Shogun Markets breaks Japan’s own leverage rules and shows no licence. Do not deposit.
Tell us what happened with Shogun Markets
✎ FILE A COMPLAINT ABOUT SHOGUN MARKETS
Or write to support@ettran.com — Include the website, what you paid and any screenshots. Never send passwords or seed phrases.
Sources, checked 5 October 2026: BrokersView (FastBull) scam broker list · RDAP registration record for shogun-markets.com · the live page at shogun-markets.com, read in full. A regulator warning is not a court ruling. Educational content — not financial advice.
