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Pros

User-friendly online interface that is easy to navigate.
Offers services for non-Japanese citizens, including loans without permanent residency.
Positive customer service experiences reported by some users, highlighting helpful staff.

Cons

Lacks a robust regulatory framework, raising concerns about trustworthiness and fund security.
Numerous complaints regarding withdrawal issues and unresponsive customer support.
Limited information available about trading conditions and asset classes, leading to uncertainty for potential traders.

Tokyo Star broker Accounts

Tokyo Star Bank Account Types

Tokyo Star Bank offers various account types for non-residents, primarily focusing on Taiwanese nationals. The main account types available include:

  • Non-Resident JPY Ordinary Deposit Account: This account allows non-residents to hold Japanese yen and perform standard banking transactions.
  • Non-Resident Foreign Currency Savings Account (USD): This account enables non-residents to save in US dollars, providing flexibility for international transactions.
  • These accounts do not come with a passbook, and monthly statements will be mailed to the registered address in Japanese, with explanatory materials available in Chinese or English.

    Tokyo Star Bank Broker Account Opening Process

    To open an account with Tokyo Star Bank, follow these steps:

    • Eligibility: Ensure you qualify as a non-resident, particularly if you hold a passport from the Republic of China (Taiwan) or can provide official proof of residency as a tax resident of Taiwan.

    • Contact: Reach out via email to make an appointment at the banks head office. Walk-in customers without a reservation will not be accommodated. The inquiry email is: service_info@tokyo-star-bank.co.jp.

    • Required Documents: Prepare the necessary identification documents, which may include:

      • Passport (Republic of China)
      • Proof of residency (official certification)
      • Additional documents as requested during the application process.
      • In-Person Appointment: Attend the appointment at the bank's head office financial lounge, where you will fill out required documents, sign, and affix your seal.

      • Account Maintenance: Note that bank cards are issued only upon request, and there is no access to telephone banking or internet banking.

      • By following these steps, you can successfully open a broker account with Tokyo Star Bank and access its services tailored for non-residents.

Tokyo Star accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Tokyo Star Account