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Monex to Cut Cash Stock Trading Fees for Japanese Stocks

Source: Youmans

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Monex, Inc., a wholly owned subsidiary of Monex Group, Inc., announced that it will lower per trade cash equity trading fees applied to Japanese stocks as of settlement on Tuesday, March 22, 2022.

The minimum commission is ¥55, and the larger the settlement amount, the greater the reduction.

Since its foundation, Monex has been offering a range of services in a way to offer a better investment environment for individual investors. Since fiscal year 2020, Monex has been committed to the Asset Management Model vision, i.e. to help customers increase their assets.

To this end, Monex is striving to provide an even better trading environment for its customers as they manage and build their assets, for example, by expanding services related to US stocks and mutual funds as well as lowering fees for Japanese stock margin trading.

Monex has differentiated itself primarily through its unique services that are well received by customers, including Monex Scouter which offers investment information, a series of tools called Monex Trader, and Odd-lot trading which allows customers to buy odd-lot shares with no purchase fee.

Building on these efforts, Monex has decided to lower our per trade cash equity trading fees applied to Japanese stocks for almost all settlement amounts, hoping many more customers will enjoy stock trading services in a low-cost environment. This is the first time since May 2011 that the company will revise its cash equity trading fees. 

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