Score

7.82 /10
Good

Kyogin Securities

Regulated in Japan

Retail Forex License

Medium potential risk

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Score

Regulatory Index7.83

Business Index7.59

Risk Management Index8.90

Software Index7.05

License Index7.85

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VPS Standard
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Kyogin Securities · Company summary

General Information & Regulation of Kyogin Securities

Kyogin Securities Co., Ltd. is a Japanese stock brokerage company founded in 2016, headquartered in Kyodo, with a registered capital of 3 billion yen, and its parent company is Kyoto Bank Ltd. Kyogin Securities holds a retail foreign exchange license from the Japan Financial Services Agency, regulatory number 5130001058417.

Products & Services

Kyogin Securities offers products and services in stocks, bonds, new issue bonds, structured bonds, investment trusts, exchange-traded funds, and real estate investment trusts.

Fees and Charges of Kyogin Securities

Kyogin Securities has set detailed fees for different products, such as a minimum transaction fee of 2,750 yen and a maximum fee of 275,000 yen for domestic stocks. For contracts of less than 1 million yen, the basic fee is 1.21%; for contracts of more than 1 million yen and less than 3 million yen, the transaction fee is 0.88% + 3,300 yen. For more than 3 million yen and less than 5 million yen, the transaction fee is 0.77% + 6,600 yen (see the website for more information on fees). Currency spreads: USD exchange rate spread is 50 cents (less than 100,000), EUR 75 cents (less than 100,000), AUD 80 cents (less than 100,000), GBP 1.00 yen (less than 100,000), NZD 1.00 yen (less than 100,000), for more information, please refer to Kyogin Securities official website.

Trading Process of Kyogin Securities

Investors trading with Kyogin Kyobank Securities first need to open a “Kyoto Bank” account, it takes about a week to open an account, and if an investor does not meet the criteria to open an account, Kyogin Securities will refuse to open an account. Next, Kyogin Securities will confirm the contents and risks of the product, and the investor will deposit the purchase amount into a special account for the client, which will be sent by mail after the account is opened. After the transaction is executed, Kyogin Securities will send a “Transaction Report” for the investor to check the contents.

Trading Platform Available of Kyogin Securities

“Kyogin Securities Online Service” is an Internet service that allows customers with securities trading accounts to use computers, tablets, or smartphones to trade investment trusts and make various inquiries. In addition to opening a securities trading account with the company, it is necessary to apply for the “Kyoto Bank Online Service” in order to use the “Kyoto Bank Online Service.”

Deposit and Withdrawal of Kyogin Securities

Traders depositing funds to their Kyogin Securities accounts must use the “Bank Future Transfer” procedure, which requires a special customer account (provided by Kyogin Securities in written form and informing that the account opening procedure has been completed), and transfers made before 11:00 a.m. will be credited on the same day.

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