High Risk
Reported as a scam / unregulated
SF-707078registry entry
Why Shogun Markets is on the register
Shogun Markets’ website offers no verifiable regulatory information, and our thorough search of the official register maintained by Japan’s Financial Services Agency (FSA) returned no listing for Shogun Markets or any related entity. The complete absence of fundamental corporate and regulatory disclosures strongly indicates that Shogun Markets is operating without legal authorization in its claimed jurisdiction. This is a serious red flag commonly associated with scam operations designed to mislead investors. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.