What Account Types and Fees Does SHIZUGIN TM Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and retail traders |
Low minimum deposit, user-friendly platform |
Ideal for those starting in Forex trading |
| Professional Account |
Experienced traders |
Higher leverage, tighter spreads |
Requires proof of trading experience |
| Corporate Account |
Corporate clients and institutions |
Customizable services, dedicated account manager |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking Sharia-compliant options |
Swap-free trading conditions |
Available upon request and verification |
| Demo Account |
All traders |
Practice trading with virtual funds |
No financial risk, suitable for strategy testing |
Account Opening Process
To open an account with SHIZUGIN TM, prospective traders must follow a straightforward process:
1. Submit Personal Information: Provide necessary details such as your name, contact information, and date of birth.
2. Employment Information: Fill in your employment details to help assess your trading profile.
3. Financial Information: Disclose your financial background to determine suitable account options.
4. Identity Verification: Upload identification documents such as a government-issued ID and proof of address to confirm your identity.
5. Account Flexibility: After opening a basic account, you may have the option to upgrade to a professional account later, depending on your trading activity and experience.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive rates for popular pairs |
| CFDs (Stocks) |
1.5 |
$5 per lot |
Fees may vary by stock |
| CFDs (Indices) |
1.0 |
$5 per lot |
Includes major global indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
Traders should be aware of additional costs associated with their accounts:
– Deposit/Withdrawal Fees: Some methods may incur fees; check specific terms per method.
– Inactivity Fees: Accounts that remain inactive for a specified period may face charges.
– Platform Usage Fees: If applicable, some platforms may charge for premium features.
– Overnight Interest (Swap Rates): Fees apply for positions held overnight, which can vary.
– Currency Conversion Fees: Applicable when trading in a currency other than the account’s base currency.
