Overview of NEWS
NEWS, founded in 2001 and headquartered in Japan, is a well-established financial institution known for its commitment to providing comprehensive investment services. Regulated by Japan's Financial Services Agency (FSA), NEWS operates under a secure and reputable framework, offering traders confidence in its services.
The company's diverse range of investment products and services caters to the needs of a wide array of clients. Whether it's domestic equities, foreign equities from various countries including Vietnam, Russia, Thailand, Dubai/Abu Dhabi, Brazil, or foreign currency-denominated bonds, NEWS has a robust selection. Additionally, they offer investment trusts managed by respected companies, further expanding the options available to investors.
With a flexible fee structure that adjusts based on transaction types and amounts, NEWS ensures that clients have choices that suit their preferences and investment goals. To support clients in their financial endeavors, NEWS provides customer support through phone and email, making assistance readily accessible. Furthermore, their educational resources, including market reports and stock information from diverse global markets, empower clients to make informed investment decisions. Overall, NEWS is a reputable institution that combines regulatory security, a broad spectrum of offerings, and client-focused support to serve the investment needs of its clientele.
Is NEWS Legit？
NEWS is regulated by the Financial Services Agency in Japan. It holds a Retail Forex License, with License No. 関東財務局長（金商）第138号. This regulatory oversight ensures that NEWS complies with the financial regulations and standards set by the Japanese authorities, providing a level of confidence and security for traders using its services.
Pros and Cons
NEWS is regulated by the FSA, providing a level of oversight. They offer a diverse range of investment products and a flexible fee structure. However, keep in mind that fees may vary, and there's limited information available about the company. Additionally, NEWS does not provide an online account setup option, which may inconvenience some users.
Products and Services
NEWS provides a range of products and services to cater to the investment needs of its clients. These offerings include:
1. Domestic Equities:
- NEWS offers trading in domestic equities through in-person transactions, aiming to provide clients with optimal service.
- Services include spot trading, margin trading (system margin trading), futures trading, and options trading.
2. Foreign Equities:
- NEWS provides access to foreign equities, with specific tradable instruments available upon inquiry.
- The brokerage covers equities from various countries, including Vietnam, Russia, Thailand, Dubai/Abu Dhabi, Brazil, the United States, Europe, China, Singapore, and more.
3. Foreign Currency-denominated Bonds:
- Clients can inquire about foreign currency-denominated bonds, and NEWS accommodates specific needs related to currency and redemption periods.
- NEWS offers bonds denominated in currencies like the Australian Dollar, New Zealand Dollar, Brazilian Real, South African Rand, Turkish Lira, Mexican Peso, among others.
4. Investment Trusts (Mutual Funds):
- NEWS offers a selection of investment trusts; however, the specific products available can be obtained through inquiries.
- These investment trusts are managed by various investment trust companies, including Okasan Asset Management, Mitsubishi UFJ Kokusai Asset Management, Eastspring Investments, and others.
NEWS' range of investment options spans domestic and foreign equities, foreign currency-denominated bonds, and investment trusts managed by reputable companies. Clients interested in the specifics of these offerings are encouraged to inquire directly with NEWS for more details.
Here is a comparison table of products and services offered by different companies:
How to Open an Account？
To open an account with NEWS, follow these steps:
Step 1: Request Account Opening Form
- You can request the account opening form online through their website, by calling their toll-free number, or by sending an email with your contact information and investment country.
Step 2: Receive and Complete Account Opening Form
- NEWS will send you the account opening form to your provided address.
- Fill out the form, sign it, and include the required identification documents.
- For individuals, acceptable documents may include a driver's license, health insurance card, passport copy, resident certificate, or seal registration certificate.
- For corporate customers, relevant documents may include company registration records and confirmation of the representative's identity.
Step 3: Account Setup
- NEWS will review your documents and set up your account.
- Expect a brief phone interview during this process.
- Once your account is ready, you can start using it for your investments.
These steps ensure a smooth account opening process with NEWS.
Fees
NEWS charges various fees for different types of transactions. Here's a breakdown of their fees:
Domestic Stocks Fees
- For stock trading, the basic commission fee is determined by the transaction amount.
- The commission fee starts at 1.15% for transactions up to ¥1 million and gradually decreases as the transaction amount increases.
- The minimum commission fee is ¥2,750 (including consumption tax).
Bonds Fees
- NEWS charges a commission fee for convertible bonds and bonds with stock acquisition rights.
- The fee is based on the transaction amount, starting at 1.0% for amounts up to ¥1 million.
- There's a minimum commission fee of ¥1,000 (including consumption tax).
Foreign Stocks Fees
- Fees for foreign stocks vary by country.
- For example, for Russian stocks, the fee is 2.2% of the transaction amount (minimum 1,200 RUB).
- Vietnamese stocks have a fee of 2.2% of the transaction amount (minimum 800,000 VND).
- Other foreign stocks, such as those from the US, UK, China, and Singapore, have tiered fees based on transaction amounts.
Financial Futures Fees
- Fees for financial futures are determined by the transaction amount.
- For index futures, the fee starts at 0.08% for amounts up to ¥100 million.
- There's a minimum fee of ¥2,750 (including consumption tax).
Options Fees
- Fees for index options are based on the transaction amount.
- The fee starts at 4.0% for transactions up to ¥1 million.
- There's a minimum fee of ¥2,750 (including consumption tax).
Please note that these fees are subject to change and may vary based on specific circumstances. It's essential to check NEWS's official website or contact them directly for the most up-to-date fee information.
Customer Support
NEWS provides customer support through various channels to assist clients with their inquiries and concerns. Clients can reach out to NEWS via telephone at 0120-411-965 for prompt assistance. Additionally, clients can contact the company through email at info@news-sec.co.jp, allowing for written communication and documentation of inquiries.
For those who prefer in-person interactions or need to visit the company's office, NEWS's physical address is 〒150-0011 東京都渋谷区東3－11－10 恵比寿ビル１F in Tokyo, Japan.
This multi-channel approach to customer support aims to ensure that clients have easy access to assistance and can choose the method that best suits their needs, whether it's through direct communication over the phone, written communication via email, or face-to-face interactions at the company's office.
Educational Resources
NEWS offers a range of educational resources to help its clients stay informed and make well-informed investment decisions. These resources include regular reports and announcements that cover various financial topics and market updates. For example, clients can access reports related to the Nikkei Average Index, which provide insights into the performance of the Japanese stock market.
Moreover, NEWS provides valuable information on stocks from different countries, such as Vietnam, Thailand, Russia, Brazil, and Dubai-Abu Dhabi, helping clients diversify their investment portfolios. They offer reports and updates on specific stocks and indices, allowing clients to track and analyze the performance of these assets.
In addition to stock-related resources, NEWS also offers information on financial events and activities, such as ex-dividend dates and closing prices for Vietnamese stocks. These resources help clients stay up-to-date with important events that may impact their investment decisions.
Overall, NEWS's educational resources serve as a valuable tool for clients looking to enhance their financial knowledge and make informed investment choices in various markets.
Cooperative Banks
The main banks that News Securities cooperates with are Bank of Tokyo-Mitsubishi UFJ(MUFG), Sumitomo Mitsui Banking Corporation(SMBC), Resona Holdings Inc., and Mizuho Bank. MUFG handles stock business in Japan as well as in Vietnam, Russia, Thailand, Dubai & Abu Dhabi and Brazil, and transfer fees are borne by the bank.
Accepted Countries
In addition to domestic stocks in Japan, the countries that News Securities accepts for overseas stock business include Vietnam, Russia, Thailand, Dubai & Abu Dhabi, Brazil, the United States, Europe, China, Singapore, etc.
Conclusion
In conclusion, NEWS is a regulated brokerage based in Japan, offering a diverse range of investment products and a flexible fee structure. This regulatory oversight by the FSA provides a sense of security for traders. However, potential drawbacks include varying fees, limited available information about the company, and the absence of an online account setup option, which may not align with the preferences of all potential clients. As with any investment service, individuals should carefully consider their specific needs and preferences when deciding whether NEWS is the right choice for their financial endeavors.
FAQs
Q: Is NEWS a regulated brokerage？
A: Yes, NEWS is regulated by the Financial Services Agency (FSA) in Japan, providing a level of oversight and compliance with financial regulations.
Q: What types of investment products does NEWS offer？
A: NEWS offers a variety of investment products, including domestic and foreign equities, foreign currency-denominated bonds, and investment trusts. Specific details can be obtained through inquiries.
Q: What fees does NEWS charge for its services？
A: NEWS charges fees based on the type and amount of transactions. Fees can vary, such as commission fees for stock trading or foreign stock trading. It's essential to check NEWS's official website or contact them directly for the most up-to-date fee information.
Q: How can I contact NEWS for customer support？
A: You can reach NEWS's customer support through various channels, including telephone at 0120-411-965, email at info@news-sec.co.jp, or by visiting their physical office in Tokyo, Japan.
Q: Does NEWS provide educational resources？
A: Yes, NEWS offers educational resources, including regular reports and updates on financial topics, market insights, and information on stocks from various countries. These resources help clients make informed investment decisions.
