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Monex to Reduce Margin Trading Commissions

Source: David

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Fazzaco learned that Monex, a Japanese online trading company, announced that per-trade commissions for Japanese equity margin trades of ¥1,000,000 or more will be reduced by up to 65%, effective August 23, 2021.

Monex will lower per-trade margin trading commissions for orders of more than ¥1,000,000 to ¥385, which will make it easier for customers to trade domestic equities with smaller cost burden.

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Earlier in July, Fazzaco reported that Monex has partnered with 360TGTX, a global leading trading platform for Foreign Exchange, to launch the first local credit hub in Mexico for facilitating FX trading. Additionally, the company has launched zero commissions for buying odd-lot Shares​.
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