Global Broker Regulation Inquiry App
WikiFX
Solotim 
1-2 years
What drawbacks should I consider when using Naito Securities?
Broker Issues
Regulation
07-26
United States
WikiFX
Reply
While Naito Securities is regulated by the FSA, it does have a couple of drawbacks. The most significant disadvantage is the complicated fee structure, which makes it difficult to estimate the full cost of trading. The consignment trading fees, in particular, can vary greatly based on the contract price, ranging from JPY 2,750 to JPY 33,550. Additionally, the broker does not offer a demo account, which could deter beginners from using the platform. For naito account holders, the absence of a demo account is a notable limitation, especially for new traders who need to practice before risking real money.
Similar Questions
Does MetaGold have any cons?
Дмитрий
08-06
Is Ganesh Stock regulated by any authority?
Vahid
05-21
Are there any drawbacks when trading with Himawari?
webgalaxy
07-22
What are the cons of OFM?
Rojas
05-27
Can you outline the particular advantages of a VPS when it comes to its available trading instruments and how its fee structure works?
kennis2244
07-26