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
How does the regulation of Concord Securities Group ensure my safety as a trader?
Darren Ross
06-25
Is TAEBANK a legitimate broker for forex trading?
helpneeded
07-18
Is DuraMarkets a legitimate broker?
Imranali Khatri
04-03
What are the pros and cons of Trading.com?
Mohammed Mazhar
06-16
Is DBG Markets a legit broker?
Wahab
03-26