Note: Regrettably, the official website of KOSEI SECURITIES, namely https://www.kosei.co.jp/, is currently experiencing functionality issues.
What is KOSEI SECURITIES？
KOSEI Securities Co., Ltd., established in April 1961, is a securities company primarily engaged in trading, brokerage, underwriting business, sales, and other related services. The company is regulated by the FSA. With a focus on market instruments such as stocks, bonds, investment trusts, ETFs/REITs, futures/options, insurance products, and iDeCo pension plans. However, concerns have been raised about the reliability of their trading platform due to the inaccessibility of their official website.
If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.
Pros & Cons
Pros:
- Established History: KOSEI Securities has been in operation since 1961, showcasing a long history and experience in the securities industry.
- Regulated by FSA: The company is regulated by the Japan Securities Dealers Association and the Financial Services Agency of Japan, ensuring compliance with industry standards and regulations.
- Diversified Product Offering: KOSEI Securities offers a wide range of market instruments including stocks, bonds, investment trusts, ETFs/REITs, futures/options, insurance products, and iDeCo pension plans.
- Technology Infrastructure: KOSEI Securities utilizes advanced internal systems like “KICS/i5” and a 24/7 monitoring system “Kics Manager” to support their trading operations.
Cons:
- Website Inaccessibility: The inaccessibility of their official website raises concerns about the reliability and transparency of their trading platform, potentially impacting account management and trading execution.
- Commission Fees: KOSEI Securities charges customers a commission fee for their products and services during the trading process, which might affect the overall cost for clients.
- Limited Information: Despite offering online services like “KOSEI Club” for account holders, there may be limitations in the availability and depth of information provided to clients for making informed investment decisions.
- Platform Limitations: The reliance on internal systems like “KICS/i5” and concerns about website accessibility could suggest potential limitations in the technology infrastructure supporting the company's trading operations.
- Uncertain Trading Experience: The lack of transparency and accessibility issues will create uncertainty for investors, impacting their overall trading experience with KOSEI Securities.
Is KOSEI SECURITIES Legit or a Scam？
KOSEI SECURITIES is a financial institution regulated by the Financial Services Agency (FSA) with a Retail Forex License (License No. 近畿財務局長（金商）第14号). This licensing ensures that the company operates within the legal framework set by the regulatory authority, providing a level of safety and security for investors.
However, the inaccessibility of their official website raises concerns about the reliability of their trading platform. An inaccessible website can lead to issues with account management, trading execution, and accessing important information. This lack of transparency can create uncertainty and potentially impact the overall trading experience for investors.
Products & Services
KOSEI SECURITIES offers stocks, bonds, investment trusts, ETFs/REITs, futures/options, insurance agents and iDeCo pension plans.
- Stocks: KOSEI SECURITIES offers trading in stocks, allowing investors to buy and sell shares of publicly traded companies.
- Bonds: KOSEI SECURITIES provides access to the bond market, allowing investors to trade in government, municipal, corporate, and other types of bonds.
- Investment Trusts: KOSEI SECURITIES offers investment trusts, which are professionally managed funds that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, and other securities.
- ETFs/REITs: KOSEI SECURITIES allows investors to trade in Exchange-Traded Funds (ETFs) and Real Estate Investment Trusts (REITs), which are types of investment funds that are traded on stock exchanges.
- Futures/Options: KOSEI SECURITIES provides access to trading in futures and options, which are derivative financial instruments that allow investors to speculate on the future price movements of underlying assets such as stocks, commodities, or indices.
- Insurance Agents: KOSEI SECURITIES offers insurance products through licensed insurance agents, allowing investors to protect their investments and manage risk.
- iDeCo Pension Plans: KOSEI SECURITIES provides Individual Defined Contribution (iDeCo) pension plans, which are retirement savings plans that allow individuals to accumulate funds for retirement through investments in stocks, bonds, and other securities.
Accounts
KOSEI SECURITIES offers both personal and corporate accounts. The following table introduce how to open accounts of KOSEI SECURITIES:
Fees & Commissions
KOSEI Securities charges customers a commission fee for providing products and services necessary during the trading process. For online trading in a securities trading account, the commission fee to be paid is calculated based on the contract price. For contracts up to 1,000,000 yen, the commission fee is 0.601% of the contract price, including taxes. For contracts exceeding 1,000,000 yen, a fixed commission fee of 1,100 yen is charged.
Internal System
KOSEI Securities utilizes their internal system “KICS/i5”, a 24/7 monitoring system known as “Kics Manager”, and a backup system that follows their Business Continuity Plan (BCP). The “KICS/i5” system serves as a Securities front/back office system based on IBM's “System i” platform.rket based on this platform's limitations and questionable appearance.
KOSEI Club
“KOSEI Club” is an internet service provided by KOSEI Securities for clients with an account, offering access to account information, stock trading, and online trading for cash stocks, futures, and options from home computers. This service is accessible 24/7, with the exception of data update periods.
Additionally, “Trading Support J-GX” is an information tool available to KOSEI Club members, allowing access to real-time price information and news, as well as functions like portfolio management, chart analysis, and order placement for stock ownership from computers, tablets, or smartphones.
Customer Service
Customers can get in touch with customer service line using the information provided below:
Telephone: +81 06 6209 0821
Conclusion
In conclusion, KOSEI Securities Co., Ltd. is an established securities company with a long history in the industry and a diverse range of market instruments. However, concerns about website accessibility, commission fees, limited information, platform limitations, and potential uncertainties in the trading experience raise questions about the overall reliability and transparency of KOSEI Securities.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
