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Sagot

From my own experience as a trader navigating regulated Japanese brokers like MITO, the initial withdrawal process is typically thorough due to strict compliance with Financial Services Agency (FSA) rules. MITO is a legitimate, FSA-regulated broker. In practice, what this means for me is that I’m almost always required to provide personal identification and supporting documentation before I can withdraw funds for the first time. This is both to satisfy anti-money laundering requirements and to verify account ownership. Usually, I need to submit a government-issued photo ID (such as a passport or driver’s license) and a recent proof of address—like a utility bill or bank statement—that matches my account registration details. Sometimes, brokers in Japan will also request a bank statement to confirm the source and destination of funds. The exact requirements can change based on the account structure and regulatory updates, and since MITO appears to operate with a relatively conservative risk management profile, I personally would double-check the latest withdrawal guidance on their website or through customer service before initiating the process. For me, being prepared with these documents in advance can help ensure any withdrawal isn’t delayed. I avoid assuming that “less is more” when it comes to documentation where regulated Japanese brokers are concerned.