Senta Account Type

　　Senta offers various types of accounts to cater to different client needs. The main account types include:

• 　　General Accounts: These are the least regulated and provide access to a broad range of investment products. Investors are responsible for all tax calculations and declarations related to capital gains.

• 　　Designated Accounts (特定口座): These accounts automate tax calculations and come in two varieties:

  　　

• No-Withholding Accounts (源泉徴収なし): The brokerage calculates the annual taxable gains/losses and sends a transaction report, but the account holder must declare their gains.
• Withholding Accounts (源泉徴収あり): The brokerage not only calculates the gains/losses but also withholds tax on any taxable event, allowing the investor not to declare income generated within the account.
• Margin Accounts: These accounts allow investors to borrow money from the brokerage to purchase securities, increasing their buying power but also introducing higher risk.

　　

Senta Broker Account Opening Process

　　Opening a brokerage account with Senta involves the following steps:

• 　　Choose the Account Type: Decide whether you want a general account, designated account, or margin account based on your investment goals and risk tolerance.

• 　　Complete the Application: Fill out the application form with necessary personal information, including your name, address, social security number, and financial details.

• 　　Review the Agreement: Carefully read through the new account agreement, which outlines your rights and responsibilities. Ensure you understand the terms before signing.

• 　　Fund Your Account: After your application is approved, you will need to fund your account. This can typically be done through an electronic transfer from your bank account.

• 　　Start Trading: Once your account is funded, you can begin trading securities according to the terms of your chosen account type.

　　For more detailed instructions on opening accounts and the specific features of each account type, please refer to Senta's official documentation.