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Pros

Regulated by the Financial Services Agency (FSA) of Japan, providing a sense of security and compliance with industry standards.
Offers a wide range of investment options, including forex, CFDs, commodities, and indices, catering to diverse trading preferences.
Responsive customer support available via phone and email, enhancing the overall user experience.

Cons

Limited payment methods for deposits and withdrawals, which may inconvenience some users.
High commission fees on transactions, potentially impacting overall returns for frequent traders.
Lack of comprehensive educational resources, which could hinder less experienced traders from making informed decisions.

MARUSAN broker Accounts

Marusan Account Type

Marusan offers two main types of accounts for its clients: Securities General Account and Specific Account.

  • Securities General Account: This account allows for comprehensive management of funds allocated for purchasing stocks and investment trusts. The funds are managed within a Money Reserve Fund (MRF), primarily consisting of short-term bonds and highly-rated public bonds. While this account provides a secure investment option, it is important to note that the principal amount is not guaranteed.

  • Specific Account: This account offers additional features tailored to meet specific user needs, such as simplified tax procedures with an annual transaction report. Marusan manages trading records and calculates profits and losses for specific accounts, presenting the results in the annual transaction report, which simplifies the tax filing process for account holders.

  • Marusan Broker Account Opening Process

    To open an account with Marusan, follow these steps:

    • Prepare Necessary Documents:
      • Gather required documents, including the My Number (individual number) confirmation document and identity verification documents (e.g., driver's license or passport).
      • Fill Out Application Form:
        • Complete the comprehensive transaction application form with personal details, including name and address. You can also apply for additional services like a Specific Account or Marusan-net at this stage.
        • Submission of Application:
          • Submit the completed application form along with the required documents either by mail or in person at the nearest Marusan Securities branch. Be prepared for a review process, which may take several days. Note that the company reserves the right to refuse account opening after the review.
          • Account Opening Confirmation:
            • Once the account opening process is complete, you will receive a “notification of account opening” at your registered address. Verify the information provided and proceed with your transactions as desired.

            For more detailed information, you can visit Marusan's official website at Marusan Securities.

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