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Pushpender Sharma
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Does KOSEI SECURITIES charge any undisclosed fees when making deposits or withdrawals?

Broker Issues
KOSEI SECURITIES
Fees and Spreads
04-10
United States
WikiFX
Reply

From my careful review of KOSEI SECURITIES' available documentation and public disclosures, I did not encounter any mention of undisclosed fees specifically related to deposits or withdrawals. As someone who values transparency and security, especially with Japanese brokers, I pay close attention to the fee structures and fine print. KOSEI SECURITIES stands out for listing their core trading commissions and account maintenance costs quite clearly, which aligns with expectations from a firm under Japan’s Financial Services Agency oversight. Their reputation for fund safety and regulatory compliance does offer some reassurance. However, I approach any broker with a degree of caution, as even well-regulated firms can have nuances in operational costs. In my experience, Japanese brokers tend to publish ancillary fees — if they exist — due to strict financial regulations. While I have not found evidence of hidden deposit or withdrawal fees, I recommend confirming specifics directly with their customer support, especially since detailed fee schedules or disclosures about payment method costs (if any) may only be available in Japanese. It's always prudent to verify these points before funding your account. Personally, I would not proceed with any significant transfers until I had this clarity, to avoid any unexpected charges.

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