Trading and investing newbies

[Ken]

Hi good morning to you all. Im currently planning to open an account for investing and trading in japan. I have basic knowledge of japanese and im struggling to choose a broker i read sbi and rakuten is on top but what are their differences?which platform and software is great to begin with for novice traders or investors in japan any thoughts? . Also im wandering if i do trading here in japan does the broker do the taxes for me? Any information will be appreciated. Looking forward hearing from this community soon thanks a lot.
Ken

P.s. what do you think is the differrence of trading in us and in japan.

[RetireJapan]

If you are a US citizen please read this: https://www.retirejapan.com/us-citizens ... d-holders/

[Ken]

Thanks for the information though, I was a foreign citizen before but i just change my nationality to japanese citizen recently. My apologies for not mentioning.

[RetireJapan]

Thanks for the information though, I was a foreign citizen before but i just change my nationality to japanese citizen recently. My apologies for not mentioning.

Oh, congratulations! In that case you will have no issues investing in Japan. I mentioned the US thing because you asked about the difference between Japan and the US.

We generally recommend using an online broker (Rakuten/SBI/Monex). They are all fairly similar.
If you can you should use tax-advantaged accounts (NISA/iDeCo).
Your broker will do your taxes if you choose a tax-deducting account (特定口座源泉徴収あり）