IwaiCosmo Securities: Japan-focused brokerage and three online charging plans

IwaiCosmo is a Japanese securities company with both personal-service brokerage and a distinct online proposition, Cosmo Netre. This profile concentrates on the domestic online route rather than treating its branch, telephone and internet prices as interchangeable. Its own corporate disclosure identifies the securities entity, not the listed holding company, as the provider of financial-instruments business.[1]

The monthly allowance is not unlimited dealing. After its specified count is reached, Active pricing applies from the following business day through month-end; cash trades under a margin-only monthly plan also use Active pricing. Foreign stocks, futures/options, funds, retail government bonds, convertible bonds and forced margin liquidation sit outside these three domestic-share plans.[2]

Online account eligibility is tied to Japan: the published rules distinguish Japan-resident individuals from corporations registered in Japan and require appropriate contact and bank details. A securities account does not automatically confer margin or derivatives permissions. Futures/options screening additionally requires an existing Netre securities account, Japan residence, direct contactability and the published 18–75 age range; an FX/CFD-only relationship is insufficient.[9][5]

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For illustration, an online USD 8,000 US share purchase reaches the USD 22 brokerage cap: 8,000 × 0.44% is USD 35.20 before the cap. Currency conversion, market movement and other applicable charges are excluded.[3]

NISA online dealing in eligible Japanese and US shares is commission-free under the published scope, including the specified USD-settlement route. Telephone orders, including Japanese odd lots placed by phone, are excluded. NISA turnover is excluded from the relevant Monthly count and Active aggregate; that prevents a nominally free NISA trade consuming those pricing allowances.[4]

Request a plan change by 16:00 Japan time on the preceding month’s last business day. Unused Monthly trades do not roll over. An order partly filled on one day and completed on another counts separately on each execution day. Margin-only Monthly tiers also require margin approval and electronic delivery.[4]

The online service provides web access, a smartphone app and the installed Trader NEXT platform. An account remains product-scoped across these channels: the mere presence of a derivatives screen does not replace the approval described above. Current security notices also identify a passkey rollout for login and withdrawals beginning on 27 September 2026.[12]

Electronic contract documents are normally available from 11:00 on the next business day. The account rules distinguish displayed cash from amounts affected by specified-account tax recalculation: an intraday sequence can produce a different average acquisition cost from the apparent chronological purchase price. The later recalculation can therefore change the yen amount available, even when the security traded was dollar-denominated.[5]

The cash-account timetable is not the Click Kabu 365 timetable. Its separate CFD funding page specifies its own transfer arrangements and a second-following-business-day withdrawal route. Moving cash between product accounts therefore requires attention to the product cash balance, not simply the total relationship value.[11]

IwaiCosmo appears on the Japan Investor Protection Fund membership list. The fund addresses eligible failures to return customer assets when a securities firm cannot do so; its limit is JPY 10 million per customer, not a promise to refund a losing investment. Membership does not itself establish the terms of every derivatives account or replace checking the contracting entity.[14][13]

For Click 365, the broker describes exchange clearing and margin custody through the Tokyo Financial Exchange. That product-specific margin arrangement should be read on its own terms, rather than attaching the cash-securities compensation headline to every leveraged position.[10]

The Net Support Centre handles the online relationship at 0120-318-611 during the weekday service window. The outage policy separates accepted orders affected by the firm’s system from an opportunity to trade that was never accepted. It describes correction of qualifying affected executions, but not compensation for all missed opportunities or a guaranteed connection during a surge of calls.[7]

The contracting company is IwaiCosmo Securities Co., Ltd., headquartered in Osaka and wholly owned by IwaiCosmo Holdings. The company discloses Kinki Local Finance Bureau registration number 15 for its financial-instruments business and identifies both Type I and Type II activities, alongside investment advisory/agency business. These are the firm’s published particulars; the research did not capture a separate current regulator permissions extract.[1]

Headquarters

Osaka, Japan