Compare brokers side by side before you choose.

Compare trust, fees, platforms, and withdrawals. See the trade-offs and details worth checking before you choose.

Choose brokers

Pick 2-4 brokers to compare

The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

Broker 1

Broker 2

VS field	SBI Securities Japan sbisec.co.jp Stock BrokerETF BrokerETF	Charles Schwab schwab.com Stock BrokerETF BrokerMutual Fund
Decision summary

Trust score	82	100

Cost score	88	92

Platform score	86	94

Withdrawal score	83	89

Best for	Japan residents investing in domestic stocks, NISA, investment trusts and bonds · Active traders who want HYPER SBI 2 and multiple mobile apps · Investors who value broad product…	Best suited for U.S.-centric investors and active traders who want a large, bank-affiliated multi-asset brokerage with $0 online listed stock/ETF commissions, strong platform dept…

Watch out	Needs verification	Needs verification

Trust & regulation
Regulators	Regulated under Japan FSA framework; registered with Kanto Regional Finance Bureau. Source	SEC; FINRA; SIPC; CFTC; NFA; FDIC Source
License numbers	Kanto Regional Finance Bureau(FIBO) No.44 / 関東財務局長（金商）第44号. Source	Charles Schwab & Co., Inc. CRD 5393; SEC 801-29938 and 8-16514 Source
Regulated entities	SBI SECURITIES Co., LTD. — Kanto Regional Finance Bureau(FIBO) No.44. Source	Charles Schwab & Co., Inc.; Charles Schwab Futures and Forex LLC; Charles Schwab Bank, SSB; Charles Schwab Premier Bank, SSB Source
Negative balance protection	No universal negative-balance protection; losses can exceed margin for FX, futures/options, commodity futures and CFDs. Source	Not disclosed as retail brokerage negative balance protection; futures/forex are leveraged and losses may exceed initial investment. Source
Investor compensation	Japanese investor protection fund coverage up to 10 million yen per eligible customer; customer assets are segregated under FIEA. Source	SIPC protection up to $500,000 including a $250,000 cash limit for brokerage account assets; futures accounts are not protected by SIPC. Source
Restricted countries	Japan resident-only account opening; non-residents/overseas residents not accepted. Source	Not all products, services, or investments are available in all countries; Schwab is not registered outside the United States and products/services may not be registered in a user's jurisdiction. Source

Trust & regulation

Regulators

Regulated under Japan FSA framework; registered with Kanto Regional Finance Bureau.

Source

SEC; FINRA; SIPC; CFTC; NFA; FDIC

Source

License numbers

Kanto Regional Finance Bureau(FIBO) No.44 / 関東財務局長（金商）第44号.

Source

Charles Schwab & Co., Inc. CRD 5393; SEC 801-29938 and 8-16514

Source

Regulated entities

SBI SECURITIES Co., LTD. — Kanto Regional Finance Bureau(FIBO) No.44.

Source

Charles Schwab & Co., Inc.; Charles Schwab Futures and Forex LLC; Charles Schwab Bank, SSB; Charles Schwab Premier Bank, SSB

Source

Negative balance protection

No universal negative-balance protection; losses can exceed margin for FX, futures/options, commodity futures and CFDs.

Source

Not disclosed as retail brokerage negative balance protection; futures/forex are leveraged and losses may exceed initial investment.

Source

Investor compensation

Japanese investor protection fund coverage up to 10 million yen per eligible customer; customer assets are segregated under FIEA.

Source

SIPC protection up to $500,000 including a $250,000 cash limit for brokerage account assets; futures accounts are not protected by SIPC.

Source

Restricted countries

Japan resident-only account opening; non-residents/overseas residents not accepted.

Source

Not all products, services, or investments are available in all countries; Schwab is not registered outside the United States and products/services may not be registered in a user's jurisdiction.

Source

Costs & account conditions
Minimum deposit	0 JPY account-opening/management fee; investment trust accumulation from 100 JPY; no universal cash-deposit minimum found. Source	$0 minimum for standard U.S. brokerage and IRA accounts; Schwab One International accounts require a minimum deposit but amount is not disclosed in checked official pages. Source
Spread from	Not disclosed in reviewed official sources; risk notice says FX costs are the buy/sell spread. Source	Not applicable to this stock/ETF investment broker profile; no CFD/FX spread schedule identified as a core product in reviewed sources. Source
Commission	Conditional 0 JPY domestic stock commission and conditional 0 JPY NISA US stock/overseas ETF commission; product-specific fees may apply. Source	stock_commission: $0 online commission for listed stocks and ETFs; OTC equities $6.95; broker-assisted service charge $25; etf_commission: $0 online commission for listed U.S.-exchange ETFs; options_commission: $0 online base commission plus $0.65 per options contract; futures_commission: $2.25 per contract, per side, for futures and futures options; exchange, regulatory, overnight, NFA, and market-data fees may apply; mutual_fund_commission: $0 on thousands of Schwab Mutual Fund OneSource funds; all other mutual funds up to $74.95 per purchase; bond_commission: New-issue bonds/CDs: $0 online/selling concession included; Treasuries online $0; most other secondary bonds $1 per bond with $10 minimum and $250 maximum; forex_commission: $0 commission; forex trade costs are reflected in the bid/ask spread Source
Maximum leverage	SBI FX retail customers initially use the 25x course; courses up to 25x are available, with certain pairs capped lower. Source	Not disclosed as a single broker-level maximum; leverage/margin depends on product, account approval, and regulatory/product requirements. Source
Deposit fee	Instant, Japan Post Bank transfer, real-time, direct debit, foreign-currency deposit and USD recurring automatic deposits are free; bank transfer deposit is customer-borne. Source	$0 for funds entering a standard brokerage account; banking deposit services generally no monthly/account minimum fees, but certain services can have fees Source
Withdrawal fee	Withdrawal fees: free for listed yen, real-time and foreign-currency withdrawals. Source	No fee for routine withdrawals from standard brokerage per FAQ; full outbound ACAT $50 and outgoing wire $25; Schwab Bank Investor Checking has unlimited ATM fee rebates for cash withdrawals worldwide, subject to conditions. Source
Inactivity fee	No inactivity fee disclosed; account opening/management fee free. Source	$0 annual maintenance/inactivity fee for standard brokerage accounts Source

Costs & account conditions

Minimum deposit

0 JPY account-opening/management fee; investment trust accumulation from 100 JPY; no universal cash-deposit minimum found.

Source

$0 minimum for standard U.S. brokerage and IRA accounts; Schwab One International accounts require a minimum deposit but amount is not disclosed in checked official pages.

Source

Spread from

Not disclosed in reviewed official sources; risk notice says FX costs are the buy/sell spread.

Source

Not applicable to this stock/ETF investment broker profile; no CFD/FX spread schedule identified as a core product in reviewed sources.

Source

Commission

Conditional 0 JPY domestic stock commission and conditional 0 JPY NISA US stock/overseas ETF commission; product-specific fees may apply.

Source

stock_commission: $0 online commission for listed stocks and ETFs; OTC equities $6.95; broker-assisted service charge $25; etf_commission: $0 online commission for listed U.S.-exchange ETFs; options_commission: $0 online base commission plus $0.65 per options contract; futures_commission: $2.25 per contract, per side, for futures and futures options; exchange, regulatory, overnight, NFA, and market-data fees may apply; mutual_fund_commission: $0 on thousands of Schwab Mutual Fund OneSource funds; all other mutual funds up to $74.95 per purchase; bond_commission: New-issue bonds/CDs: $0 online/selling concession included; Treasuries online $0; most other secondary bonds $1 per bond with $10 minimum and $250 maximum; forex_commission: $0 commission; forex trade costs are reflected in the bid/ask spread

Source

Maximum leverage

SBI FX retail customers initially use the 25x course; courses up to 25x are available, with certain pairs capped lower.

Source

Not disclosed as a single broker-level maximum; leverage/margin depends on product, account approval, and regulatory/product requirements.

Source

Deposit fee

Instant, Japan Post Bank transfer, real-time, direct debit, foreign-currency deposit and USD recurring automatic deposits are free; bank transfer deposit is customer-borne.

Source

$0 for funds entering a standard brokerage account; banking deposit services generally no monthly/account minimum fees, but certain services can have fees

Source

Withdrawal fee

Withdrawal fees: free for listed yen, real-time and foreign-currency withdrawals.

Source

No fee for routine withdrawals from standard brokerage per FAQ; full outbound ACAT $50 and outgoing wire $25; Schwab Bank Investor Checking has unlimited ATM fee rebates for cash withdrawals worldwide, subject to conditions.

Source

Inactivity fee

No inactivity fee disclosed; account opening/management fee free.

Source

$0 annual maintenance/inactivity fee for standard brokerage accounts

Source

Markets, platforms & payments
Tradable assets	Domestic/foreign stocks, ETFs, investment trusts, bonds, FX, futures/options, CFDs, precious metals, NISA, iDeCo and SBI Wrap. Source	Stocks; fractional shares; ETFs; mutual funds; bonds/CDs/fixed income; money market funds; options; futures; futures options; forex; international stocks/ADRs/foreign ordinaries; cash products; annuities; alternatives; crypto ETPs/securities/futures. Source
Trading platforms	Web trading site, mobile apps and HYPER SBI 2 desktop platform. Source	Schwab.com; Schwab Mobile; thinkorswim desktop; thinkorswim web; thinkorswim mobile; paperMoney Source
Account types	General securities, NISA, iDeCo, minor, corporate, foreign stock, FX, futures/options and wrap/managed-service account capabilities. Source	Individual Brokerage; Joint Brokerage; Schwab One Brokerage; Investor Checking-linked brokerage; Futures Account; Global Account; IRAs; custodial, education, trust, estate, organization, and business retirement accounts; Schwab Intelligent Portfolios. Source
Deposit methods	Instant deposit, bank transfer, Japan Post Bank transfer, real-time deposit, bank direct debit, foreign-currency deposit and USD recurring automatic deposit. Source	ACH/electronic transfer/MoneyLink; wire transfer; check/mail check; Schwab Mobile Deposit for checking; direct deposit for checking; account transfer/ACAT; branch/in-person deposit where available. Source
Withdrawal methods	Yen withdrawal, real-time withdrawal and foreign-currency withdrawal service. Source	Transfer to linked bank/checking; wire transfer; check; ATM/debit card for Schwab Bank Investor Checking; ACAT outbound account transfer. Source
Withdrawal processing time	Standard withdrawal: before 16:00 -> next bank business day; after 16:00 -> second following bank business day; real-time withdrawal available for eligible setup. Source	Cash moved from brokerage to linked Investor Checking is generally available in seconds, but weekend/after-hours transfers may not be available until the next business day; other withdrawal methods vary/not fully disclosed on checked pages. Source

Markets, platforms & payments

Tradable assets

Domestic/foreign stocks, ETFs, investment trusts, bonds, FX, futures/options, CFDs, precious metals, NISA, iDeCo and SBI Wrap.

Source

Stocks; fractional shares; ETFs; mutual funds; bonds/CDs/fixed income; money market funds; options; futures; futures options; forex; international stocks/ADRs/foreign ordinaries; cash products; annuities; alternatives; crypto ETPs/securities/futures.

Source

Trading platforms

Web trading site, mobile apps and HYPER SBI 2 desktop platform.

Source

Schwab.com; Schwab Mobile; thinkorswim desktop; thinkorswim web; thinkorswim mobile; paperMoney

Source

Account types

General securities, NISA, iDeCo, minor, corporate, foreign stock, FX, futures/options and wrap/managed-service account capabilities.

Source

Individual Brokerage; Joint Brokerage; Schwab One Brokerage; Investor Checking-linked brokerage; Futures Account; Global Account; IRAs; custodial, education, trust, estate, organization, and business retirement accounts; Schwab Intelligent Portfolios.

Source

Deposit methods

Instant deposit, bank transfer, Japan Post Bank transfer, real-time deposit, bank direct debit, foreign-currency deposit and USD recurring automatic deposit.

Source

ACH/electronic transfer/MoneyLink; wire transfer; check/mail check; Schwab Mobile Deposit for checking; direct deposit for checking; account transfer/ACAT; branch/in-person deposit where available.

Source

Withdrawal methods

Yen withdrawal, real-time withdrawal and foreign-currency withdrawal service.

Source

Transfer to linked bank/checking; wire transfer; check; ATM/debit card for Schwab Bank Investor Checking; ACAT outbound account transfer.

Source

Withdrawal processing time

Standard withdrawal: before 16:00 -> next bank business day; after 16:00 -> second following bank business day; real-time withdrawal available for eligible setup.

Source

Cash moved from brokerage to linked Investor Checking is generally available in seconds, but weekend/after-hours transfers may not be available until the next business day; other withdrawal methods vary/not fully disclosed on checked pages.

Source

Loading broker comparison

Compare brokers side by side before you choose.

Pick 2-4 brokers to compare