Global Broker Regulation Inquiry App
WikiFX
helpneeded 
1-2 years
Are there any disadvantages to trading with Naito Securities?
Broker Issues
Regulation
06-25
United States
WikiFX
Reply
One significant drawback is the complex fee structure at Naito Securities. Fees vary depending on the type of account and trading method, with consignment trading fees ranging from JPY 2,750 to JPY 33,550 for domestic stocks. While the broker offers a variety of financial products, the lack of clarity around the fees can make it difficult for traders to estimate costs in advance. Additionally, there is no demo account available for beginners to practice on. For Naito Securities trading, these factors could deter new traders who prefer transparency and the ability to practice before investing real capital.
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