Global Broker Regulation Inquiry App
WikiFX
J Forex Trader 
1-2 years
What are the disadvantages of trading with Kyogin Securities?
Broker Issues
Regulation
05-30
United States
WikiFX
Reply
While Kyogin Securities is regulated and offers a variety of investment products, the primary disadvantage is its trading fees. The fees can be relatively high, especially for smaller trades. For example, for trades up to ¥1,000,000, the commission is 1.21%, which may not be cost-effective for smaller traders. Additionally, the minimum commission charge of ¥2,750 could be a deterrent for those with smaller portfolios. From my experience, these fees could be an issue for retail traders who trade in smaller volumes.
Similar Questions
What are the pros and cons of Easy Trading Online?
Serious74
08-09
What are the pros and cons of KCB?
mohdfazlan
08-02
Is Esperio a safe and legit broker?
Yousef47
07-16
Is ActivTrades legit for me to trade with, especially considering its mixed regulatory status?
Ibgentle
07-15
Does CPY have any cons?
Shoofar
06-24