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PayPay Securities

Japan|5-10 years|
Regulated in Japan|Retail Forex License|Medium potential risk|

https://www.paypay-sec.co.jp/

Website

Rating Index

Influence

Influence

A

Influence index NO.1

Japan 8.54

Surpassed 96.28% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

https://www.paypay-sec.co.jp/
東京都千代田区内幸町2-1-6 日比谷パークフロント
https://www.facebook.com/paypaysec/
https://twitter.com/paypay_sec

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

PayPay Securities Corporation

Company Abbreviation

PayPay Securities

Platform registered country and region

Japan

Company website
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WikiFX Risk Alerts
Previous Detection : 2023-12-09
  • The current information shows that this broker does not have a trading software. Please be aware!

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PayPay Securities · Company Summary

General Information & Regulation of PayPay Securities

PayPay Securities was established in 2013 under the name of My Banker and changed its name to One Tap BUY Co., Ltd in 2015 and registered its financial instruments business in December of the same year. In 2017, the Marugoto Japan Stock (Japan ETF) service was launched, and on March 21, the company applied for a “stock” investment service, and on July 24, it began processing individual Japanese stocks. On December 6, the Marugoto US ETF service was launched, and in 2019, the service for CFDs on Japanese stocks was launched, and in 2021, the company name was changed to PayPay Securities Co. PayPay Securities currently holds a retail foreign exchange license from the Japan Financial Services Agency under license number 3010001156746.

Products & Services

PayPay Securities offers stock products mainly in U.S. stocks (individual stocks, BDC stocks, and exchange-traded funds) and Japanese stocks (individual stocks, exchange-traded funds, REITs).

Minimum Deposit of PayPay Securities

The minimum deposit part is not fully disclosed on the PayPay Securities website. Traders are advised to contact PayPay Securities customer support staff to get it clear.

Leverage of PayPay Securities

Still, leverage related information is not mentioned on the PayPay Securities website, So it is unknown whether leverage can be applied for trading on this platform.

Spreads of PayPay Securities

According to what accounced on the PayPay Securities, the spread is around 0.5% for forex trading. The exchange rate is set by PayPay Securities as per Forex market trend, 35 Jen added to 1USD when buying and exchange rates substracted when selling.

Account Opening of PayPay Securities

To open an account with PayPay Securities, investors (who must be 19 years of age or older) can complete an account opening the application by installing the company's smartphone application (Japanese and U.S. stock app) on their smartphones, which generally takes 2-3 weeks to successfully open an account, and cannot open multiple accounts.

Fees of PayPay Securities

Each time a contract is signed, PayPay Securities will charge the investor the amount of the prescribed transaction fees publicly. The price of trading from 9:30-16:00 local time and 23:30-6:00 Japan time (summertime: 22:30-5:00) is the “base price” multiplied by 0.7%. (See PayPay Securities website for details).

Deposit & withdrawal of PayPay Securities

Investors can transfer funds directly to their securities trading account with PayPay Securities via bank transfer. In addition to bank transfers, investors who have deposit accounts and savings accounts with financial institutions such as Mizuho Bank, Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Bank, Japan Post Bank, and Nantou Bank also settle their purchases of stocks via automatic transfer. Withdrawal requests made before 14:30 on a bank business day are processed the same day, and withdrawals after 14:30 are processed the next day. Withdrawals from the sale of shares are not available immediately and take 3-4 business days to be processed.

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Hugo Feng
more than one year
I have been dealing with this company for 3 months and I am very satisfied. I mainly trade US stocks on paypay. But I think that the speed of withdrawal of money is not very ideal.
2022-11-22 17:46
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꧁余生都是你꧂
more than one year
Easy to open an account, customer support is pretty good as well.
2022-11-15 17:20
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