How to buy Japanese stocks and trading fees for beginners
What is Moomoo Securities
Moomoo (Moomoo) Securities is a group company of “Futu Holdings Limited,” which is an American NASDAQ listed company. The number of downloads worldwide has surpassed 21 million. It landed in Japan in October 2022, began handling actual US stocks in 2023/9, began trading new NISA accounts in 2024/1, and began handling Japanese stocks in 2024/3.
In addition to excellent UI/UX related to transactions, there are various contents that can satisfy everyone from beginners to advanced investors. Through the “Moo Community,” it is possible to share information with other users within the moomoo app and learn and adopt helpful influencer trading methods. Let's have a new investment experience through the investment app “moomoo.”
How to buy Japanese stocks
① Go to the chart screen for the stock you want to buy.
② Tap the “Buy” or “Sell” button.
③ On the order screen, enter the order method (market price or limit price, etc.) and quantity, then tap the “buy” or “sell” button.
④ After that, enter the transaction password to go to the confirmation screen and confirm the order.
The way to order Japanese stocks is basically the same as US stocks.
I also want to read:How to buy US stocks · Overtime trading methods · Transaction fees
However, in order to trade Japanese stocks, it is necessary to check and agree to each document relating to Japanese stocks.
The operation method is “tap “trade” for Japanese stocks” → “account opening list” → tap “Japanese stocks”, tap “open” → confirm and agree to pre-execution issuance documents and transaction instructions, etc., check the check box and tap “Next” → when the “Application has been accepted” screen is displayed, then tap “Complete” to complete the procedure. You will usually receive a notification that the procedure has been completed in about a few minutes.
If the app does not display the Japanese stock trading screen, it is likely that the app you are using is an old version. The Japanese stock trading screen is only compatible with the new version, so please update the app to the latest version.
Japan Stock Trading Fees
At Moomoo Securities, “anyone without conditions” can use a transaction fee of 0 yen for Japanese stock trading. (If it is an NISA account, the transaction fee for not only Japanese stocks but also US stocks is 0 yen)
Types of Japanese Stock Orders
Below is a table of the types of Japanese stock orders.
Order types | rubrics |
Normal (limit price) | Order at a predetermined price (limit price). Aim for a contract at a specified price or better terms. |
Normal (market) | Order without specifying a price. We aim for an immediate contract at the best price. |
Stop loss price (limit price) | When the stock price reaches the specified reference price, an order is placed at the specified price (target price). |
Stop loss price (market price) | When the stock price reaches the specified reference price, an order is placed at the market. |
Trigger (limit price) | When specific conditions are satisfied, an order is placed at a specified price (limit price). |
Trigger (market) | When specific conditions are satisfied, an order is placed on the market. |
Trail stop (limit price) | When the stock price moves in the opposite direction from the set fluctuation range, an order is placed at the specified price (limit price). |
Trail stop (market) | When the stock price moves in the opposite direction from the set fluctuation range, an order is placed at the market. |
※ Stop loss, trigger, and trail stop orders are order methods that specify a reference price and order price. Reference price means “the point at which the stock price of the stock to be ordered reaches the price specified in advance.” The order price can be specified as either the limit price or the market price.
* As a general rule, orders other than market orders can be cancelled until they have been agreed upon or expired. However, if transaction restrictions are applied in the market after the order has been received, the order may remain “on order” in an irrevocable state until trading is resumed.
* In market orders, there is a possibility that a contract will be made at a price different from the current price at the time of order. Also, market orders before donation are not always settled at the opening price, and we have adopted a system that automatically selects and executes the market that presents the best probable price.
Service: Japan Stock Trading Commencement Commemorative Program
● New account opening completed (2024/4/1-)
Transaction fees for US stocks will be free for 2 months for all those who have completed opening a Moomoo securities account.
● New payment completed (2024/4/1-)
As for the benefits, as shown in the table above, Japanese stocks and US stocks are all stocks that everyone knows. The benefits you can get for deposits of 10,000 yen or more and deposits of 300,000 yen or more are different, so detailsCampaign pagePlease check it out.
