京銀証券

　　Kyogin Securities is a financial services firm regulated by the FSA. It specializes in a wide range of investment products including stocks, bonds, funds, ETFs, and REITs. Their online platform provides convenient access for clients to manage their accounts and execute transactions around the clock. However, clients should be aware of the language barrier and any limitations in contact channels for customer support.

• Pros & Cons of Kyogin Securities

Pros	Cons
Regulated by FSA	Language Barrier
Wide Range of Products
Online Platform Provided

Pros

　　Regulated by FSA: Being regulated by the Financial Services Agency (FSA) ensures that Kyogin Securities adheres to strict financial regulations and standards, providing a high level of investor protection and trust.

　　Wide Range of Products: Kyogin Securities offers a diverse array of financial products, including stocks, bonds, mutual funds, ETFs, and REITs.

　　Online Platform Provided: The online platform allows clients to manage their accounts, execute trades, and access financial information from anywhere.

Cons

　　Language Barrier: As Kyogin Securities primarily operates in Japanese, non-Japanese-speaking clients will face difficulties accessing services, understanding information, or receiving support in other languages.

• Is Kyogin Securities Safe？

　　Kyogin Securities operates under the regulatory oversight of the Financial Services Agency (FSA), specifically licensed as License No. 近畿財務局長（金商）第392号 by the Kinki Local Finance Bureau. This regulatory framework ensures that Kyogin Securities conducts its operations in compliance with financial regulations and guidelines established by the FSA.

　　The license signifies that Kyogin Securities has met the necessary standards and requirements set forth by the regulatory authority, providing assurance to clients and stakeholders regarding the firm's adherence to legal and operational standards in the financial services industry.



• What are Securities to Trade with Kyogin Securities？

　　Kyogin Securities offers stock, bond, fund warp, investment trust, ETF and REIT.

　　Stocks:

　　Kyogin Securities deals in stocks listed on the Tokyo Stock Exchange (Prime, Standard, and Growth markets). Other domestic financial exchange-listed stocks, foreign stocks, margin trading, and futures trading are not handled.

　　- Bonds:

　　Foreign Bonds: These are bonds issued by foreign governments, international organizations, or corporations in currencies such as US Dollars, Australian Dollars, Brazilian Reals, and Indian Rupees.

　　Fund Wrap:

　　A fund wrap is a discretionary investment service where Kyogin Securities proposes an investment course (asset allocation) based on the clients investment preferences and objectives. The company then makes investment decisions and transactions on behalf of the client, providing regular performance reports.

　　- Investment Trusts:

　　Investment trusts involve pooling money from multiple investors to purchase a diversified portfolio of securities, managed by professional fund managers.

　　- Exchange-Traded Funds (ETFs):

　　The company deals in ETFs listed on the Tokyo Stock Exchange. ETFs track specific indices, such as the Nikkei 225 or TOPIX, and are traded on stock exchanges like individual stocks.

　　- Real Estate Investment Trusts (REITs):

　　Kyogin Securities offers REITs, which are investment funds that primarily invest in real estate properties like office buildings and apartments. REITs generate income from rental payments and property sales, which are then distributed to investors.



• Kyogin Securities Fees Review

　　Kyogin Securities charges various fees for their services according to different financial activities:

• Domestic Stock Trading and CB Brokerage Commission:

　　Fees vary based on the transaction amount, ranging from a minimum fee of ¥2,750 to maximum depending on the transaction size. Percentages range from 1.21% for amounts up to ¥1 million to 0.11% for amounts over ¥50 million, with additional fixed fees for larger transactions.

• Trading Fractional Shares:

　　Fees are proportional to the standard trading unit fee, calculated based on the number of shares traded relative to the standard unit.

• Securities Transfer Fees:

　　For transferring securities to other financial institutions via the Securities Depository Center, fees start at ¥1,100 for up to 1 unit, increasing with additional units and capped at ¥11,000 for over 19 units. Theres also a fee of ¥1,100 per investment trust or foreign security transferred.

• Forex Spread:

　　Fees vary by currency and transaction amount for foreign exchange transactions, such as USD, EUR, AUD, and NZD, ranging from 10 sen to 1 yen per unit depending on the amount traded.

• Transfer Fees:

　　Fees for deposits and withdrawals to/from securities accounts vary:

　　Yen deposits and withdrawals via Kyoto Bank branches are covered by Kyogin Securities.

　　Deposits and withdrawals to/from other financial institutions and foreign currency transactions incur specified fees borne by the client.

Service	Fee Structure
Domestic Stock Trading and Domestic CB Brokerage Commission
Minimum Fee	¥2,750
Up to ¥1 million	1.21%
Over ¥1 million up to ¥3 million	0.88% + ¥3,300
Over ¥3 million up to ¥5 million	0.77% + ¥6,600
Over ¥5 million up to ¥10 million	0.66% + ¥12,100
Over ¥10 million up to ¥30 million	0.55% + ¥23,100
Over ¥30 million up to ¥50 million	0.22% + ¥122,100
Over ¥50 million	0.11% + ¥177,100
Maximum Fee	¥275,000
Trading Fractional Shares	Proportional to standard trading unit fee
Securities Transfer Fees	/
Securities Depository Center (Transferring to other financial institutions)
Up to 1 unit	¥1,100
Each additional unit	¥550
Over 19 units	¥11,000
Transferring investment trusts and other securities	¥1,100 per investment trust or foreign security
Forex Spread	Varies by currency and amount traded
Transfer Fees
Deposits to securities accounts from banks	/
Yen deposits via Kyoto Bank branches	Covered by Kyogin Securities
Other financial institutions	Covered by the client
Foreign currency deposits	Client bears specified fees



• Kyogin Securities Online Services Review

　　Kyogin Securities offers Online Service for clients who have securities trading accounts. This service allows users to conduct various transactions and access their financial information through computers, tablets, and smartphones. It is available from 6:00 AM to 2:00 AM the next day, providing flexibility for users to access their accounts and perform transactions at their convenience.

　　Purchasing domestic investment trusts through the online service incurs a 20% discount on purchase fees compared to transactions conducted at the branch. Additionally, the service includes electronic document delivery, allowing users to view transaction reports and other important documents electronically on their devices.



• Deposits & Withdrawals Review

　　Kyogin Securities facilitates deposits and withdrawals through specific procedures.

• Deposits:

　　To deposit funds into your securities account, use a bank transfer to the account number provided. Ensure the transfer includes the client's name matching that on the securities account. Payments received by Kyogin Securities before 11 a.m. are processed on the same day; after 11 a.m., they are processed the next business day.

• Withdrawals:

　　For withdrawals, instructions can be given through Kyogin Securities Online Service after registration. Withdrawals typically transfer funds to the registered deposit account, generally processed on the next business day upon instruction confirmation. For comprehensive guidance, consult the “Operation Manual” on Kyogin Securities' website.



• Research & Education

　　Kyogin Securities delivers market and store information through their research services, catering to clients' investment needs with detailed analyses and insights. Their research encompasses a broad spectrum, including thorough examinations of financial markets, specific stock evaluations, and comprehensive forecasts.



• Conclusion

　　Kyogin Securities presents itself as a well-regulated firm under the oversight of the FSA, ensuring compliance and security for investors. With a wide array of investment products and a convenient online platform, it offers many choice to clients managing their portfolios.

　　However, clients should consider the language barrier and limitations in contact channels. Overall, Kyogin Securities provides robust financial services with a focus on regulatory compliance and diverse investment options, suitable for clients seeking a reputable and versatile brokerage experience.

Frequently Asked Questions (FAQs)

　　Is Kyogin Securities regulated？

　　Yes. It is regulated by FSA.

　　How can I contact Kyogin Securities？

　　You can contact via telephone: 0120-113-372/ 075-361-2220.

　　What types of financial services does Kyogin Securities offer？

　　Stocks, bonds, mutual funds, ETFs (Exchange-Traded Funds), and REITs (Real Estate Investment Trusts).

Risk Warning

　　The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.