Abstract:Chibagin is a Japanese stock brokerage company headquartered in Chiba City, Japan. Chibagin was first established in 1883 and was granted full membership in the Osaka Stock Exchange in 1987 with a capital of over 2,028,830,000 yen.Chibagin is a Japanese stock brokerage company headquartered in Chiba City, Japan. Chibagin was first established in 1883 and was granted full membership in the Osaka Stock Exchange in 1987 with a capital of over 2,028,830,000 yen.
General Information of Chibagin Securities
Chibagin is a Japanese stock brokerage company headquartered in Chiba City, Japan. Chibagin was first established in 1883 and was granted full membership in the Osaka Stock Exchange in 1987 with a capital of over 2,028,830,000 yen. In 1988, it owned a capital of over 30.7383 yen and became a general securities company due to the revision of Securities laws in 1998. On January 1st, 2011, the company changed its name to Chibagin Securities Co. and moved its headquarters to Chiba City, Japan, becoming a wholly-owned subsidiary of Chiba Bank through a share swap in October. Chibagin Securities currently has a capital of 4,374,330,750 yen and 20 offices throughout Japan. Chibagin Securities has 20 offices throughout Japan, 300 employees as of March 2020, and is a member of the Japan Securities Dealers Association. Chibagin is currently regulated by the Japan Financial Services Agency and holds its authorized retail foreign exchange license, regulatory number: 4040001034601.
Products & Services
Chibagin provides financial products and services, including domestic stocks, foreign stocks, exchange-traded funds, exchange-traded bonds, bonds, investment trusts, etc.
Minimum Deposit of Chibagin
Investors who wish to open an account with Chibagin Securities can do so in one of three ways: in-store, online, or by phone. There is no minimum deposit requirements to start an account. However, as announced on Chibagin website, the maximum contract volume is 50 million jen or below, under 10,000 units.
Leverage of Chibagin
Chibagin webdite does not show any leverage related information, so it is unsure whether trading leverage can be applied on securities trading.
Spreads of Chibagin
No speads information is mentioned on Chibagin website, for it is a stockbroker.
Online trading of Chibagin Securities
Chibagin Securities offers online trading for investors from 6:00 a.m. to 2:00 a.m. on Saturdays, Sundays, and holidays, with the advantage of cheaper fees for cash stocks and domestic investment trusts and a 35% discount on physical stock commissions for branch trading.
Fees of Chibagin Securities
Chibagin Securities has set clear fees for exchange-traded funds, stocks, bonds, index futures, etc. If the contract price is less than 1 million yen, then the transaction fee is 1.10%, 0.8250% + 2,750 yen for 1 million yen to less than 5 million yen, 0.6050% + 13,750 for 5 million yen to 1,000 yen, 0.4675% + 27,500 yen for contracts above 10 million yen and below 30 million yen. Stock brokerage fees for less than one share are calculated on a per-share basis proportional to the number of shares. For more details on fees, see the Chibagin Securities website.
Deposit and Withdrawal of Chibagin Securities
Chibagin Securities supports traders to deposit funds to their investment accounts via real-time transfer. Chibagin Securities' partner banks are Chiba Bank and Musashino Bank, which can transfer 300 million yen per day for Chiba Bank and less than 100 million yen per day for Musashino Bank, with no fees charged for the transfer.
Pros & Cons of Chibagin Securities
Pros | Cons |
FSA-regulated | Average brokerage fee |
Diversified range of trading instruments | Conservative leverage |
No minimum deposit requirements | |
Clear fee structure | |
Three trading channels to choose from | |
A discount on physical stock commissions |