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Hoxsin Bussan operates with a tiered fee structure for its futures and options trading. In my experience, the standard transaction fee is 172.5 yen (including tax) per trade. However, the fee is reduced to 40.5 yen (including tax) for smaller contracts or those nearing expiration. For me, this tiered pricing system works well as it allows me to trade smaller contracts at a more affordable rate. The complexity of the fee structure does require me to pay attention to contract sizes and expiration dates, but overall, it is a fair system. I also appreciate that the broker does not charge hidden fees or add extra charges for standard transactions. Overall, the fee structure is competitive, especially for smaller traders like me who want to minimize trading costs.