PayPay Securities Account Type

PayPay Securities offers a range of account types tailored to meet different investment needs. The primary account types include:

• Standard Trading Account: This allows users to trade Japanese and U.S. stocks, investment trusts, and CFDs (Contracts for Difference). The minimum deposit requirement starts at 1,000 yen.
• Point Investment Account: Users can utilize PayPay points to invest in stocks, providing a unique opportunity to leverage accumulated points for potential gains.
• Tsumitate Investment Account: This account allows for systematic investments by enabling users to regularly purchase financial products at predetermined amounts and times.
• CFD Trading Account: This account type provides access to Japan stocks CFDs and 10x CFDs, allowing users to trade with leverage, which can amplify both gains and losses.

PayPay Securities Broker Account Opening Process

Opening an account with PayPay Securities is a streamlined process, especially for users who have completed identity verification (eKYC) with PayPay. Heres a step-by-step guide:

• Download the PayPay App: Ensure you have the latest version of the PayPay app installed on your mobile device.
• Access the Securities Mini App: Within the PayPay app, navigate to the "Invest" mini app.
• Identity Verification: If you have already completed eKYC, you can skip some steps. For new users, you will need to provide identification documents and complete a selfie verification.
• Fill Out the Application: Complete the account application form, providing necessary personal information.
• Deposit Funds: After your account is approved, you can deposit funds starting from 100 yen.
• Start Trading: Once your account is funded, you can begin trading various financial products offered by PayPay Securities.

This process is designed to be quick and efficient, allowing users to open a trading account in as little as 2-3 minutes if eKYC has been completed.