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Involved in roughly half of all listings, and you can enter its online lottery with no money deposited.
Open an account (free)77/100
The one to open first
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.
💰Upfront deposit
Not required. The money is needed when you confirm the purchase after winning.
🎯How the lottery works
At least 10% of the retail allocation is drawn mechanically online, one ticket per person.
🆓Fees
You pay only for the shares. No commission.
💻How to apply
Through Net Club, the online service.
Log in to Mizuho Securities Net Club and open the electronically delivered prospectus.
Apply online within the window. No deposit is needed.
A computer draw runs once the offer price is set. You can opt in to email notification.
If you won or are in reserve, complete the purchase step within the window. The money is needed at this point.
Once the purchase is settled, there is nothing left to do.
This is a major house that often acts as lead underwriter on large listings, and its overall involvement in the IPO market ranks near the top of the industry. Yet applying through its online service requires no deposit at all. The combination of a major firm's coverage and no money down is rare.
At least 10% of the shares set aside for individuals goes to the online lottery, drawn mechanically. It is one ticket per person regardless of how many shares you applied for, so a larger balance does not improve your odds.
You only need the cash once you have won and are confirming the purchase. That means applying here does not tie up money you might want to use at another broker in the same week.
The securities arm of the Mizuho Financial Group. It has a strong underwriting business serving corporate and institutional clients, and handles a large number of major new listings.
Start applying for IPOs at みずほ証券
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 みずほ証券and can change. Confirm the current terms on the broker's own site before applying. Nothing here is investment advice.
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