NAITO Forex Broker

Naito Securities Review SummaryFounded1933Registered Country/RegionJapanRegulationJapan Securities Dealers Association(FSA)Market InstrumentsForex, Commodities, Indices, Shares, Bonds, ETFs, REITsDemo Account×Trading PlatformProprietary trading platform, available for online tradingCustomer SupportPhone: 0120-7110-76 (Toll-free) 06-4803-6617 (Mobile)24/5 customer support: YesNaito Securities Information Naito Securities is a well-known Japanese brokerage company that deals in stocks, bonds, exchange-traded funds (ETFs), and real estate investment trusts (REITs). It gives market information on stocks from all over the world, including Japan, China, and the US.Pros and ConsProsConsEstablished company with a long history(1933)No demo account availableOffers a huge range of financial products(across fx to ETFs, China to U.S)Too complicated fee structureRegulated by FSAIs Naito Securities Legit?Regulatory StatusRegulated (Retail Forex License)Regulated ByJapanLicensed InstitutionNaito Securities Co., Ltd.License NumberKinki Finance Bureau Director (Kinsho) No. 24Effective Date2007-09-30Address of Licensed Institution3-3-23 Nakanoshima, Kita-ku, Osaka, JapanPhone Number of Licensed Institution06-4803-6501What Can I Trade on Naito Securities? Naito Securities offers many financial products across different markets and types, including Japan, China, and the US.Assets include forex to REITS.Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Shares✔ETFs✔REITs✔Bonds✔Cryptocurrencies❌Account Types Naito Securities offers 3 types of accounts. It does not offer a demo account.Account NameFeesKey FeaturesSuitable forBranch TransactionsStarting at JPY 2,750 for trades under JPY 500,000In-person consultations, comprehensive advice on asset management.Investors seeking personalized, face-to-face service.Call Center TransactionsStarting at JPY 3,300 for trades under JPY 500,000Trading by phone, reduced fees compared to branch transactions.Traders prefer phone-based consultations with lower fees.Online TradingStarting at JPY 419 for trades under JPY 500,000Trading via computer, smartphone, or tablet with the lowest fees and 24/7 access to market orders.Self-directed traders who want low fees and convenience.Naito Securities Fees Naito Securities' fees are complicated, can be roughly divide to 3 typs:Consignment trading fees, Online trading fees and Branch transaction fees.Consignment Trading Fees The consignment trading fee for domestic listed stocks through Naito Securities' call center varies based on the contract price, ranging from JPY 2,750 to JPY 33,550 for spot trading and JPY 3,300 to JPY 34,100 for margin trading. These fees also apply to ETFs and J-REITs. Listing stock Discount system for the number of consignment fees for physical stocks Foreign stock commission Trading fees for convertible bonds and warrant bonds Other bond trading feesOnline Trading Fees Naito Securities' online trading fees offer two plans: the “Per-Execution Plan” charges JPY 272 to JPY 492 per order based on the contract price, while the “1-Day Flat-Rate Plan” starts at JPY 178 and increases with the total daily contract price. Domestic Equity Fees Cost of margin trading Chinese stock U.S Stock Domestic feesBranch Transactions Fees Naito Securities branch transactions fees for domestic stocks range from 1.265% for contract prices up to 1 million yen, with decreasing percentages and additional fixed fees for higher amounts. The minimum fee is JPY 2,750, and fractional share sales are calculated based on unit share prices, with a minimum of JPY 2,750 applied. Consignment trading fees(stocks) Administrative fees and procedure feesTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable forProprietary Platform✔Desktop, MobileBoth beginner and experienced tradersOnline Trading✔Desktop, MobileInvestors who prefer digital trading solutionsDeposit and Withdrawal Naito Securities does not mention clear things on deposit and withdrawal options.