RetireJapan

Do any of the Japanese online brokers have 2 factor authentification in their logins?

I've noticed that Monex and Rakuten Securities have "secret questions" as part of their login, but I wonder whether any broker has an app or token based 2FA or passkey security like US brokers like Firstrade.

I have a pretty strong password of course, but just wondering whether any brokers allow use of 2FA. Thanks.

ChapInTokyo wrote: ↑Thu Apr 11, 2024 6:36 am Do any of the Japanese online brokers have 2 factor authentification in their logins?

I've noticed that Monex and Rakuten Securities have "secret questions" as part of their login, but I wonder whether any broker has an app or token based 2FA or passkey security like US brokers like Firstrade.

I have a pretty strong password of course, but just wondering whether any brokers allow use of 2FA. Thanks.

You can turn on 2FA login with Rakuten and they will send two pictures to your email that you need to select to login.

Thanks! I’ve just filled in my details on the Rakuten securities site so hopefully I’ll have the paperwork next week to get me on there.

SBI securities have a whole 2FA app but it is not enforced for the main site

Oh I see. Is there a way to set it up so that the app can be used as 2FA for logon to the main site?

Turns out Monex also has 2FA using either an authenticator (eg. Google authenticator and Microsoft authenticator) or SMS. I just set it up to use Authy as the authenticator and I feel _much_ more secure about using Monex as my main online broker going forward.

I've also got the 2FA turned on at my Rakuten account (two pictures sent to email address which act as your 2FA passpix!), and also the 2FA for withdrawals at SBI so it does seem that all the major Japanese online brokers have 2FA functionality. It's just that they seem to have made it super obscure so you need to go hunting around to find out how 2FA authentication can be activated. A pity.