In my experience assessing brokerage services, fee transparency is absolutely crucial, especially when it comes to commissions, spreads, and related trading costs. With Ichiyoshi Securities, I found that publicly available information on their exact fee structure remains unclear. According to their profile, they are regulated by Japan’s Financial Services Agency (FSA), which generally enforces a degree of oversight, helping ensure that costs are neither arbitrary nor predatory. However, despite being well-established and focusing on trustworthy, “less complex” investment products, Ichiyoshi Securities does not provide explicit details on spreads, commissions, or additional charges on readily accessible platforms. This lack of detail is notable—especially from a risk management perspective—because as a trader, I consider upfront cost structure among my highest priorities. Without clear fee schedules, there is some uncertainty when planning position sizes or anticipating overall trading costs. That said, their conservative approach to product offerings (avoiding complex and higher-risk instruments) could potentially extend to their pricing, but as a prudent trader, I would not make assumptions about cost-effectiveness or competitiveness without first seeking clarification directly from the broker. Ultimately, while Ichiyoshi Securities’ regulatory standing and reputation in Japan give me some confidence in their operational integrity, the absence of clear, public information on fees means I would proceed cautiously. Before opening an account or executing trades, I would contact their support directly and request a comprehensive breakdown of commissions, spreads, and any hidden costs, ensuring I fully understand the financial implications of trading with them.