What Account Types and Fees Does HIROGIN SECURITIES Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Multi-channel Trading |
All traders, including beginners and experienced |
Combines online and traditional trading methods |
Ideal for those who prefer personal interaction and support |
| Face-to-Face Transactions |
Corporate clients and high-net-worth individuals |
Dedicated asset management support |
Requires meeting specific investment thresholds |
| Internet Trading |
Retail traders |
Accessible on PCs, tablets, and smartphones |
Suitable for tech-savvy traders looking for convenience |
Account Opening Process
To open an account with HIROGIN SECURITIES, follow these steps:
1. Submit personal information including your name, date of birth, and contact details.
2. Provide employment information to verify your financial background.
3. Complete the financial information section to assess your trading experience.
4. Upload necessary documents for identity verification, such as a government-issued ID and proof of address.
5. Expect flexibility in account types, allowing you to upgrade to a professional account later if your trading volume increases.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (USD/JPY) |
0.9 |
$0 (ECN: $3.5/lot) |
Competitive rates for USD pairs |
| CFDs (Stocks) |
0.5% of trade value |
$6.0 per lot |
Varied fees based on stock volatility |
| CFDs (Indices) |
0.3% |
$5.0 per lot |
Stable spreads for major indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
HIROGIN SECURITIES also has various other fees that traders should be aware of:
– Deposit/Withdrawal Fees: Deposits to Hirogin banks are free; however, withdrawals to external banks incur fees of ￥880 for yen and between ￥2,200 to ￥5,500 for foreign currency.
– Inactivity Fees: An inactivity fee may be charged if the account remains dormant for an extended period.
– Platform Usage Fees: There are no specific platform usage fees, but trading costs apply as detailed above.
– Overnight Interest (Swap Rates): Charged on positions held overnight, rates vary by instrument.
– Currency Conversion Fees: Applicable when converting currencies for trading or withdrawal purposes.
