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Are there any inactivity fees imposed by KOSEI SECURITIES, and under what circumstances do they apply?

Broker Issues
KOSEI SECURITIES
Fees and Spreads
06-08
United States
WikiFX
Reply

As someone who prioritizes careful management of trading costs and account transparency, I pay particular attention to any potential inactivity or maintenance fees imposed by brokers. In the case of KOSEI SECURITIES, I found no mention of a specific “inactivity fee” for dormant accounts. Instead, what stood out in my review of their fee structure is the presence of a standard annual account maintenance fee—set at ¥2,200 per year. This fee is not explicitly tied to inactivity, but rather applies broadly to the ownership of an account. There’s an exemption for those who hold 100 or more shares of KOSEI SECURITIES’ own stock, which I interpret as a means to incentivize client investment in the company itself. From my experience, the lack of a separate inactivity fee is a positive signal, but the annual maintenance charge is a real cost that all account holders—regardless of trading frequency—should factor into their overall calculations. Importantly, this fee is clearly stated and not concealed in the small print, which I appreciate from a transparency standpoint. However, those who intend to keep their account open without frequent trading activity should recognize this ongoing expense. Overall, while KOSEI SECURITIES does not penalize inactivity specifically, the mandatory maintenance fee functions similarly for those who are inactive, and should be considered part of the long-term cost of holding an account with this broker.

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