2026 · Evidence audit

MUFG FX — institutional liquidity provider

MUFG FX operates as a Tier-1 bank liquidity provider for corporate and institutional clients. It is licensed by regulatory bodies in the UK, US, and Japan, with a history dating back to 1880. Self-measured claims regarding market position and risk advisory quality require independent verification.

Mitsubishi UFJ Financial Group, Inc. (FX via MUFG Bank, Ltd.; MUFG Securities EMEA plc, UK; MUFG Securities Americas Inc., US) · Tokyo, Japan · last re-checked 2026-09 · evidence score 98/100

Licence, read on the register

Regulator	Licence number	Jurisdiction	Tier	Source
FCA (MUFG Securities EMEA plc)	124512	UK	tier-1	open source ↗
SEC/FINRA (BrokerCheck, MUFG Securities Americas Inc.)	8-43026	US	tier-1	open source ↗
JFSA (Japan Financial Services Agency)	not verified	Japan	tier-1	open source ↗

Tier classification follows the same scale as the retail register: tier-1 = FCA/ASIC/CFTC-class supervision, tier-2 = CySEC/FSC-Mauritius/MFSA-class, tier-3 = offshore registration. A tier-2 licence is genuine supervision without an investor compensation scheme — never misread it as tier-1 protection.

What the firm commits to

Claims specific enough to be falsified — and the ones that remain the venue's own measurement.

Testable claims

MUFG EMEA offers spot, forward and global options trading with electronic trading including 360T, FXall, Currenex, Bloomberg and Integral (mufgemea.com foreign-exchange page)
FX services are provided to corporate, institutional, central bank and government clients (mufgemea.com foreign-exchange page)
Mitsubishi Exchange House was established in 1880 by Yataro Iwasaki — one of the precursors of Mitsubishi Bank (mufg.jp English history pages)
24-hour FX trading services provided through a worldwide network (tr.mufg.jp markets page)

Claims we cannot verify from outside

FX market-position claims (self-measured)
Risk-advisory quality claims (self-measured)

Perimeter and coverage

Asset classes	Venues	Connectivity	Clients accepted	Explicitly refused
FX spot, FX forwards, FX options, FX swaps	360T, FXall, Currenex, Bloomberg, Integral	FIX, 360T, FXall, Currenex, Bloomberg, Integral	Corporates, Institutional clients, Central banks, Governments	Retail clients

A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as a disclosure, not a defect.