Every cost is in the contract, in the pre-trade preview, and on the monthly statement. Our marketing copy never conceals a fee.
| Market | Commission | Minimum |
|---|---|---|
| TSE (JP) | 0.05% of notional | ¥55 |
| Nasdaq / NYSE (US) | $0.005 /share | $1.00 |
| LSE (UK) | 0.06% of notional | £3.00 |
| Xetra (DE) | 0.06% of notional | €3.00 |
| SGX (SG) | 0.08% of notional | S$5.00 |
Interbank spreads via direct prime-bank aggregation. No mark-up on fill.
| Pair | Median spread | Commission |
|---|---|---|
| USD/JPY | 0.4 pip | 0.002% |
| EUR/JPY | 0.6 pip | 0.002% |
| GBP/USD | 0.7 pip | 0.002% |
| EUR/USD | 0.3 pip | 0.002% |
| AUD/JPY | 0.8 pip | 0.002% |
Direct routing to FSA-registered venues. Taker fee 0.12% of notional, maker fee 0.06%.
On-margin and overnight positions: TIBOR (JPY) or SOFR (USD) +1.8%. Estimate is displayed daily before entry.
Japanese residents: On Tokutei Kouza (withholding-elected) accounts, KiShisanMyaku withholds 15.315% income tax and 5% resident tax and remits to the National Tax Agency (NTA). Annual tax statements are auto-generated.
Non-residents: Withholding follows U.S. W-8BEN, the Japan–UK double-tax treaty or the equivalent for your jurisdiction.
Competitors advertising "zero commission" typically earn through payment-for-order-flow (PFOF), widened spreads or hidden funding mark-ups. We charge explicitly and keep it transparent.