Trading Stocks Is Finally Free in Japan, If You’re Under 25
- Brokerages still face a battle to overcome market crash legacy
- Most wealth held in cash despite decades of sub 1% rates
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Japanese brokerages are amping up the speed on the free stock-trading revolution - though only the young need apply.
Two of the country’s major online brokerages recently announced they would virtually eliminate commission fees for stock trading regardless of account balance for users between 20 and 25 years old.