What Account Types and Fees Does Tokai Tokyo Securities Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and retail traders |
Accessible with low initial deposits, provides educational resources |
Best for small-capital practice; requires personal documentation |
| Professional Account |
Experienced traders |
Higher leverage options, lower spreads, advanced trading tools |
Requires trading volume qualifications and experience verification |
| Corporate Account |
Corporate clients and institutions |
Customized services, dedicated account management, and reporting |
Requires corporate documentation and compliance with local regulations |
| Demo Account |
New traders |
No-risk environment to practice trading strategies |
Available for a limited time; no initial deposit required |
Account Opening Process
To open an account with Tokai Tokyo Securities, prospective clients must follow several steps. The process begins with submitting personal information, which includes details like name, address, and contact information. Following this, employment and financial information must be provided, detailing the applicant’s income and trading experience. Identity verification is a crucial step, requiring valid ID and proof of address, such as a utility bill or bank statement. After all information is submitted, the application will be reviewed, and upon approval, the account will be activated. It is important to note that there is flexibility within the account types, allowing clients to upgrade to a professional account if their trading volume meets the necessary qualifications in the future.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (USD/JPY) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing for active traders |
| CFDs (Stock Indices) |
1.5 |
$5 per lot |
Varies based on index |
| CFDs (Commodities) |
2.0 |
$5 per lot |
Standard rates apply |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
When trading with Tokai Tokyo Securities, clients should be aware of additional fees that may apply. Deposit and withdrawal fees may vary, particularly depending on the method used; bank transfers are generally free, while ATM withdrawals using the Tokai Tokyo Card may incur small charges. Inactivity fees apply if the account remains dormant for a specified period, which can affect account balance over time. While there are no platform usage fees, clients should be mindful of potential overnight interest rates (swap rates) applied to positions held overnight. Furthermore, currency conversion fees may be incurred when trading instruments that require currency exchanges.
