Naito-Some Detailed Information about This Broker

Naito 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 Cons

Is Naito Securities Legit?

What 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.

Account Types

Naito Securities offers 3 types of accounts. It does not offer a demo account.

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 fees

Online 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 fees

Branch 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 fees

Trading Platform

Deposit and Withdrawal

Naito Securities does not mention clear things on deposit and withdrawal options.