Company profile
Marukuni Review SummaryFounded1938Registered CountryJapanRegulationFSAProducts and ServicesDomestic and foreign stocks, ETFs, ETNs, REITsDemo Account/Trading Platform/Minimum Deposit/Customer SupportEmail: info@marukuni.co.jpMarukuni Information The Financial Services Agency regulates Marukuni, a licensed securities firm that started in Japan in 1938. It mostly helps people trade stocks on the US stock market and buy exchange-traded funds (ETFs), exchange-traded notes (ETNs), and real estate investment trusts (REITs). Compared to other companies in the same field, the company's fees are thought to be exorbitant and complicated.Pros and ConsProsConsLong-established (since 1938)Higher than average feesRegulated by FSALimited information about trading platformsOffers a wide range of listed productsLimited information about deposit and withdrawalIs Marukuni Legit? Yes, Marukuni is regulated. It holds a Retail Forex License issued by the Financial Services Agency (FSA) of Japan. The specific license number is 関東財務局長(金商)第166号, and it has been effective since September 30, 2007.What Can I Trade on Marukuni? Marukuni offers a range of domestic stock-related products and exchange-listed investment instruments.Trading ProductsSupportedStocks✔ETFs (Exchange Traded Funds)✔ETNs (Exchange Traded Notes)✔REITs (Real Estate Investment Trusts)✔Forex×Commodities×Indices×Cryptocurrencies×Bonds×Options×Marukuni Fees Most people think that Marukuni's prices are more than average for the industry, notably for stock brokerage commissions, which are based on a complicated tiered system.Trading Fees (Stock Brokerage)Amount<4,000 yen55% of contract price4,000–218,000 yen2,750 yen218,000–1 million yen~1.26% of contract price1–5 million yen~0.95–0.99% + fixed fee5–10 million yen~0.71–0.77% + fixed fee10–30 million yen~0.53–0.63% + fixed fee30–50 million yen~0.33–0.41% + fixed feeOver 50 million yenFixed, over ~264,000–299,750 yen Non-Trading FeesNon-Trading Fees AmountDeposit Fee0Withdrawal Fee0Inactivity Fee0Protected Account Management Fee0Transfer of Ownership Fee550 yen (≤10,000 shares) + 55 yen per extra 1,000 sharesOdd Lot Purchase Request Fee550 yen per stockTransfer Fee3,300 yen (≤5 units), 6,600 yen (>5 units)Documentation Request Fee1,100 yen per request