Mitsubishi UFJ eSmart Securities combines a Japanese securities account with several distinct trading services. Its OTC FX account, exchange FX account and exchange CFD account have separate cash movements and operating rules. Choosing the service determines which contract sizes, collateral and deadlines apply.[7][24][28]
Identity and access
Sections ↑At a glance01
Company and account context
| Item | Current position |
|---|---|
| Legal business | Tokyo securities company established 19 November 1999. The 1 October 2026 overview names a shareholder translated from Japanese as MU Digital Asset Formation Services Preparation Co.Source 2 |
| Former name | Previously au Kabucom Securities; the FX service and applications adopted eSmart branding from 1 February 2025. The kabu.com domain continued.Source 3 |
| Residence | The securities application excludes nonresidents and short-term visitors. Foreign nationals and corporate applicants use the postal route.Source 4Source 5 |
| FX opening | A securities account is required first or concurrently. Individuals must be at least 18; applicants aged 80 or older may face additional restrictions and review. Corporate FX applicants need at least JPY 1 million net assets.Source 9 |
| US tax status | FATCA declarations apply where relevant; eligibility for the separate US-share service has additional restrictions.Source 6 |
At a glance02
Application routes
| Route | What it involves |
|---|---|
| Smartphone identity check | Eligible applicants photograph their face and supported identity documents. The broker advertises completion from the next business day, subject to review.Source 4 |
| Document upload / post | Upload applicants receive credentials by nonforwardable registered mail, dispatched from the fourth business day. Postal applications require signed documents and identity evidence.Source 4 |
| Tax identification | My Number evidence accompanies identification; corporate accounts require the corresponding corporate information.Source 5 |
The account and product map
Sections ↑At a glance03
Which service performs which job?
| Service | Access and practical distinction |
|---|---|
| eSmart OTC FX | Thirty currency pairs; Mini, standard and Large dealing sizes. Eligible Japanese securities can support margin.Source 7 |
| Click 365 | Exchange FX through Tokyo Financial Exchange, with its own cash margin, pricing and margin-call timetable.Source 24 |
| Click Kabu 365 | Exchange contracts on equity indices and commodity ETFs. Contracts have scheduled resets; they do not provide ownership of the underlying ETF.Source 28 |
| Securities | Japanese shares, US shares and investment trusts use securities permissions and settlement arrangements. Their assets and cash are not automatically interchangeable with every derivatives ledger.Source 32Source 35Source 36 |
OTC FX order sizes and spreads
Sections ↑At a glance04
OTC FX quantity tiers — base-currency units
| Tier | Minimum / increment | Maximum opening order | Maximum closing order |
|---|---|---|---|
| Mini | 1,000 | 100,000 | 1,000,000Source 8 |
| Standard | 10,000 | 1,000,000 | 1,000,000Source 8 |
| Large | 100,000 | 3,000,000 | 3,000,000Source 8 |
| ZAR/JPY and HUF/JPY Mini | 10,000 | 1,000,000 | 1,000,000Source 8 |
| ZAR/JPY and HUF/JPY standard | 100,000 | 3,000,000 | 3,000,000Source 8 |
At a glance05
Selected published OTC FX spreads
| Pair / tier | 09:00–03:00 JST | Outside that window |
|---|---|---|
| USD/JPY Mini | 0.2 sen | 0.2–8.0 senSource 10 |
| USD/JPY standard | 0.2–3.0 sen | 0.2–8.0 senSource 10 |
| USD/JPY Large | 0.8–3.6 sen | 0.8–8.6 senSource 10 |
| EUR/JPY Mini / standard | 0.5 sen | 0.5–15.5 senSource 10 |
| GBP/JPY Mini / standard | 1.0 sen | 1.0–25.0 senSource 10 |
| EUR/USD Mini / standard | 0.4 pips | 0.4 pipsSource 10 |
The tier choice matters even on the same currency pair: a small USD/JPY Mini order and a Large order do not have the same published spread. Compare the actual ticket size and trading time before using a headline rate.[10]
Collateral, cash obligations and margin deadlines
Sections ↑At a glance06
Using securities as OTC FX margin
| Question | Rule and consequence |
|---|---|
| Eligible assets | Specified Japanese stocks, ETFs, ETNs, REITs and distribution-paying general-type investment trusts. Collateral value is 70% of the previous business day’s price or NAV.Source 11 |
| Excluded holdings | NISA assets, foreign shares and reinvesting-type investment trusts are excluded from this collateral service.Source 11 |
| Selling collateral | Return assets to ordinary custody before selling. A return that creates a margin shortfall is restricted; assets already supporting securities margin need an intervening transfer.Source 11 |
| Combined exposure | A fall in collateral value can reduce FX headroom while the FX position itself is losing money.Source 11 |
At a glance07
OTC FX margin mechanics
| Item | Retail rule |
|---|---|
| Initial margin | 4% of opening position value, corresponding to approximately 25:1 maximum leverage.Source 12 |
| Hedged positions | Within each pair, required margin follows the larger of total long-side and short-side margin. Both positions remain economically exposed to their respective trading costs.Source 12 |
| Securities-only opening | Permitted. However, realised dealing losses or negative swaps that exceed FX cash require a cash deposit; collateral does not eliminate the cash obligation.Source 12 |
| Intraday liquidation | Retail: below 75% maintenance. Corporate: below 100%. Checks run at intervals of several seconds; all pending orders are cancelled and positions closed.Source 9 |
| Daily margin call | The retail end-of-session check is at 06:50 JST, or 05:50 during US daylight saving. A shortfall must be cured by 15:00 on the applicable Japanese business day.Source 9 |
| Unmet call | New positions are restricted; forced closure can follow the deadline. Gaps can leave a debt beyond deposited assets.Source 9 |
At a glance08
Swaps and realisation
| Feature | Operational detail |
|---|---|
| Daily carry | Swap points reflect the two currencies and can change, including from a receipt to a payment. Check the relevant date and position direction in the published schedule.Source 15 |
| Withdraw swaps without closing | The smartphone app supports transferring all or part of a position’s accrued swap. The PC application does not provide this function.Source 14 |
| When cash becomes available | Swap transfer settles on the second business day, subject to currency holidays. A negative transfer cannot exceed available cash.Source 14 |
| Position remains open | Transferring a swap realises that carry amount; it does not close the underlying FX exposure.Source 14 |
Getting cash into the correct account
Sections ↑At a glance09
Yen deposit methods
| Method | Broker fee / timing | Important condition |
|---|---|---|
| Internet immediate deposit | Free; advertised immediate credit | Thirteen supported banks; bank and broker maintenance can interrupt posting.Source 20 |
| Pre-registered Smooth deposit | Free; advertised immediate credit | MUFG, SMBC, au Jibun and Mizuho.Source 20 |
| Bank debit | Free; generally 2–5 business days | Timing depends on the bank and service.Source 20 |
| Ordinary bank transfer | Remitting-bank charges may apply | Credit follows receipt and identification.Source 20 |
| Securities cash to OTC FX | Internal transfer, normally immediate | New simultaneous securities/FX applications default to automatic FX funding; the setting can be changed.Source 13 |
A bank deposit and an FX-margin transfer are separate steps. Check the actual FX balance before placing an order, especially when changing automatic funding settings or moving collateral between services.[13]
Yen withdrawals and settlement holds
Sections ↑At a glance10
Withdrawal limits and release conditions
| Item | Published rule |
|---|---|
| Broker withdrawal charge | Zero; payment goes to a registered bank account in the same name.Source 21 |
| Ordinary minimum / maximum | JPY 1,000 minimum in JPY 1 increments; amount must be below JPY 10 billion. Smaller residual balances require support assistance.Source 22 |
| au Jibun Smooth exception | JPY 1 minimum in JPY 1 increments; amount must be below JPY 100 million.Source 21 |
| Securities sale proceeds | Available for withdrawal on settlement, not immediately after execution. Derivatives margin must first return to securities cash.Source 21 |
| Destination changes | An already-submitted withdrawal can still go to the previously registered bank; complete destination changes before relying on a new instruction.Source 22 |
At a glance11
Selected ordinary bank payment targets — JST
| Destination | Instruction cutoff | Broker’s stated target |
|---|---|---|
| Japan Post Bank | Before 16:00 | Next business day; later instructions take a further business day.Source 22 |
| Other banks category | Before 13:30 | Same business day; later instructions target the next business day.Source 22 |
The automatic-withdrawal pages differ on securities margin accounts: the May 2026 overview describes an 18:00 calculation and 19:30 payment route, while the February rules still exclude those accounts. Confirm the live account setting with support before depending on that facility.[21][22]
Foreign-currency banking is a separate facility
Sections ↑At a glance12
Foreign-currency deposits and withdrawals
| Item | Scope / cost |
|---|---|
| Currencies | USD, EUR, AUD, NZD, ZAR and MXN. Overseas-origin transfers are not accepted.Source 23 |
| Use of funds | Foreign bonds and, after the relevant transfer, US-share purchases. This service is not foreign-currency funding of OTC FX margin.Source 23 |
| Incoming transfer | Broker fee zero; remitting and intermediary bank charges may apply. Identity and purpose checks can delay posting.Source 23 |
| Outgoing broker fee | MUFG Nihonbashi Chuo branch: JPY 0; other MUFG branches: JPY 2,200; other banks: JPY 3,850. Receiving-bank charges may be additional.Source 23 |
| Timing / delivery | Allow several days. Physical notes and travellers’ cheques are not withdrawal methods.Source 23 |
Click 365: exchange FX has its own clock
Sections ↑At a glance13
Exchange FX account rules
| Item | Click 365 |
|---|---|
| Pair coverage | Twenty-eight currency pairs.Source 25 |
| Dealing commission | JPY 0 on both opening and closing. Spreads follow Tokyo Financial Exchange prices.Source 27 |
| Margin | JPY cash only. Exchange margin is reviewed weekly; the retail framework applies a 25:1 leverage cap.Source 25 |
| Position / order limits | 5,000 contracts per pair held; each order is capped at 500 contracts for eight specified major pairs and 300 for the others.Source 25 |
| Closeout / call | Liquidation below 75% maintenance. An end-of-session shortfall must be funded by 17:30 JST on the relevant business day; Saturday/holiday calls roll to the next business day.Source 25 |
| Getting margin back | Requests accepted by 05:45 generally reach securities cash around 09:30 on the next trading day. This is not an immediate internal withdrawal.Source 26 |
Exchange CFDs: contract value, reset dates and fees
Sections ↑At a glance14
Click Kabu 365 selected contract multipliers
At a glance15
Exchange CFD commission per contract, per side
| Contract | Charge including tax |
|---|---|
| Nikkei 225 | JPY 156Source 30Source 28 |
| Nikkei 225 Micro | JPY 50Source 30Source 28 |
| Dow; Nasdaq-100 | JPY 16Source 30Source 28 |
| Russell 2000 | JPY 50Source 30Source 28 |
| DAX; FTSE 100 | JPY 156Source 30Source 28 |
| Gold, silver, platinum and oil ETF contracts | JPY 156Source 30Source 28 |
At a glance16
Exchange CFD account mechanics
| Issue | Consequence |
|---|---|
| Contract life | Reset contracts have a 15-month trading cycle and final settlement. The applicable December reset date depends on the contract.Source 29 |
| Margin and closeout | Exchange cash margin changes weekly. Liquidation occurs below 75%; the daily margin-call funding deadline is 17:30 JST on the applicable business day.Source 29 |
| Cash release | Closed-trade profits cannot return to securities cash before settlement two business days later. Separate margin-return instructions apply.Source 31 |
Securities, funds and futures
Sections ↑At a glance17
Japanese shares and margin trading
| Service | Costs and conditions |
|---|---|
| Cash shares | Eligible SOR orders have zero dealing commission. Regional-market orders routed directly to Nagoya, Fukuoka or Sapporo are outside that zero-fee scope; telephone orders add JPY 2,200.Source 32 |
| Standard margin purchases | Published annual interest: 2.80% for standardised margin and 2.79% for general long-term margin. Eligibility-based preferential rates differ.Source 33 |
| Ordinary margin stock borrowing | Published annual stock-borrowing charge: 1.10%; special borrowing charges and other position costs can apply.Source 33 |
| Same-day margin | Interest and stock-borrowing charges are zero for the qualifying same-day service. Failure to close can cause forced execution fees and carry charges; premium shorts have separate charges.Source 33 |
At a glance18
US shares and currency conversion
| Item | Published terms |
|---|---|
| Share dealing | 0.495% including tax per order, capped at USD 22. The stated USD 0 minimum reflects rounding; it is not a general commission waiver.Source 35 |
| NISA | Eligible NISA US-share trades have zero broker dealing commission. The service supports the growth-investment allocation; platform and order-type restrictions apply.Source 35 |
| US-person restriction | Individuals with US citizenship, a green card or a US taxpayer number cannot use this share service. Corporate restrictions also apply.Source 35 |
| JPY settlement conversion | JPY 0.20 per USD embedded in the conversion rate on each buy or sell; the rate is fixed at 09:00 JST on the next domestic business day after the US execution date.Source 34 |
| Market session | Regular US session only: 23:30–06:00 JST, or 22:30–05:00 during US daylight saving. Orders start from one share.Source 35 |
| Transfers in | Accepted from Japanese financial institutions for supported US shares and ETFs. The receiving broker charges zero; the sending institution can charge.Source 34 |
At a glance19
Additional investment products
| Product | Practical access point |
|---|---|
| Investment trusts | Eligible funds can be purchased from JPY 100 in JPY 1 increments, with recurring investment and Ponta-related services. Fund operating costs depend on the selected fund.Source 36 |
| Exchange futures and options | The published overview lists Nikkei 225 mini futures at JPY 38.5 per executed contract, micro futures at JPY 11 and mini options at JPY 19.8. J-NET has a separate tariff.Source 37 |
Applications, automation and support
Sections ↑At a glance20
Tools by function
| Tool | What is actually available |
|---|---|
| FX smartphone app | iPhone/Android trading, chart ordering, four-panel charts, technical indicators and market-event push notifications.Source 16 |
| FX PC app | Windows and Mac; charting, order entry and system trading based on configured technical conditions.Source 17 |
| FX demo | Available without a live broker account through the smartphone app; JPY 10 million virtual funds and all supported FX pairs. Social-account login is used.Source 18 |
| kabu Station API | A separate API service tied to the kabu Station Professional plan. Only one simultaneous API connection is permitted; check supported instruments before designing automation.Source 19 |
At a glance21
Protection and problem resolution
| Topic | Scope |
|---|---|
| Segregated custody | The broker describes separation of customer securities and cash from its own assets.Source 38 |
| Investor protection fund | Eligible securities claims can receive up to JPY 10 million if segregated assets cannot be returned. OTC FX is expressly outside this compensation arrangement; market losses are not insured.Source 38 |
| Support | Customer service: 0120-390-390 or 03-4221-1224; weekdays 08:00–17:00 JST. Authenticated enquiry routes and online forms are also provided.Source 39 |
For an FX user, the decisive choices are whether to pledge securities, which quantity tier to trade and how much cash must remain immediately available. The strongest operational distinction is between OTC FX’s cash-transfer workflow and the separate settlement timetable of exchange products.[13][26]
Company background & evidence
Sections ↑- Headquarters
- Tokyo, Japan
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Mitsubishi UFJ eSmart Securities Co., Ltd.
JapanSource 2
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Services AgencyKanto Local Finance Bureau (Financial Instruments) No. 61 | Authorised | Checked 10 Oct 2026Named entry in the current FSA list.Source 1 |
Sources & further reading
- Financial instruments business operators — 31 August 2026 Financial Services Agency · Accessed 10 Oct 2026
- Company overview — 1 October 2026 Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Service renaming and app changes — 20 January 2025 Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Account application routes and eligibility Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Opening a securities account Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- FATCA declarations Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- OTC FX service Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- OTC FX product specifications Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- OTC FX trading rules Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- OTC FX commissions and spread schedule Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Stocks and funds as FX collateral Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- OTC FX account, cash and margin FAQs Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Transferring cash into and out of OTC FX Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Swap transfer without closing positions Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- OTC FX swap points Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- FX smartphone application Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- FX PC application Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- FX demonstration trading Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- kabu Station API Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Yen deposit methods Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Yen withdrawal service — May 2026 page Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Yen withdrawal rules — February 2026 page Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Foreign-currency deposits and withdrawals Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Click 365 exchange FX Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Click 365 product specifications Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Click 365 trading and cash-transfer rules Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Click 365 dealing costs Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Click Kabu 365 exchange CFD service Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Exchange CFD contract sizes, resets and margin Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Exchange CFD fee schedule Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Exchange CFD trading rules Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Domestic share dealing charges Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Japanese margin trading charges Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- US share commissions, FX conversion and transfers Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- US share account and trading rules Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Investment trusts Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Exchange futures and options Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Segregation and investor protection Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
- Customer support contacts Mitsubishi UFJ eSmart Securities · Accessed 10 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.