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GMO CLICK Securities

GMOクリック証券

Every share it is allocated goes into the draw. It handles few listings, but when it does, the odds are unusually good.

Open an account (free)

How accessible its lottery is

35/100

Fine once you understand the conditions

Lottery method
35 / 35
Upfront deposit
0 / 25
Number of IPOs handled
0 / 20
Losses accumulate
0 / 10
Record as lead underwriter
0 / 10

This score is this site's own. It measures how accessible the lottery is without a large balance — not the chance that you will win. The same calculation is used on the Japanese pages.

The rules here

🎯How the allocation works

All of the shares allocated to the broker are distributed by lottery (per its published IPO allocation policy).

🎲How the draw is run

A random number is assigned to each application and the draw is made on those numbers.

💰Upfront deposit

Required. The cash must be in the account by 15:00 on the last day of the purchase window.

📊Application limit

Up to 5 units (500 shares) per customer.

📅Number of listings handled

Few. Mostly listings within the GMO group.

From applying to owning

  1. Book building

    During the application window you register demand and separately apply for an allocation.

  2. Fund the account

    Have the cash for the shares you applied for in the account by 15:00 on the last day of the purchase window.

  3. The draw

    The lottery is run after 15:00 on the last day of the purchase window.

  4. Listing day

    Trading opens and you can sell at the opening price if you want to.

Worth knowing before you apply

  • The money is needed before the draw, not after it. If the balance is short at 15:00 on the final day, that part of the allocation is cancelled.
  • It handles few listings. Applying only here gives you very few chances, so it is a broker to use alongside one that underwrites a lot of deals.

Who this suits

  • People who already use several brokers and want to add one with good odds
  • People who want to be sure of taking part when a GMO group company lists
  • People who would rather compete on luck than on the size of their account

Why this one

Its published allocation policy says that all of the shares it is allocated are distributed by lottery, with a random number assigned to each application. Nothing about your balance or your trading record changes the outcome. Many brokers place a large part of their allocation by hand with existing clients, so having the whole allocation in the draw is a real advantage.

The catch is the number of opportunities. This broker underwrites very few listings — mostly companies within its own GMO group. Good odds on a deal that rarely happens is still a small number of chances per year.

So it is best understood as a broker you keep open alongside a main one, and check whenever a new listing is announced.

About the company

An online broker in the GMO internet group, known for low trading commissions and for its FX business. Its IPO activity is small relative to its size.

Who this suits

People who already apply through several brokers and want to add one where the draw is genuinely open to everyone.

Start applying for IPOs at GMOクリック証券

Opening an account is free. You need to be resident in Japan — what that requires is on the account opening page.

Open an account (free)

Conditions are those published by GMOクリック証券and can change. Confirm the current terms on the broker's own site before applying. Nothing here is investment advice.

Read about GMO CLICK Securities in Japanese →