What Account Types and Fees Does HACHIJUNI Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Suitable for small-capital practice, no prior trading experience required |
| Professional Account |
Experienced traders and investors |
High leverage, advanced trading tools |
Requires trading volume qualifications, suitable for active trading |
| Corporate Account |
Institutional and corporate clients |
Custom solutions, dedicated account management |
Requires corporate documentation, suitable for businesses |
| Islamic Account |
Traders seeking swap-free solutions |
No overnight interest, compliant with Sharia law |
Requires verification of Islamic compliance |
| Demo Account |
New traders and those testing strategies |
Practice trading with virtual funds, full platform access |
No minimum deposit, ideal for learning |
Account Opening Process
To open an account with HACHIJUNI, follow these steps:
1. Submit personal information, including your full name, date of birth, and contact details.
2. Provide employment information, such as your occupation and employer details.
3. Share your financial information, including income and investment experience.
4. Complete identity verification by providing a government-issued ID and proof of address (like a utility bill).
5. Once your account is approved, you can start trading. Remember, you can upgrade from a retail to a professional account later if you meet the necessary requirements.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/JPY) |
1.2 |
$0 (ECN: $3.5/lot) |
Competitive spreads for minors |
| CFDs (Stocks) |
0.5% |
$5 per lot |
Standard commissions apply |
| CFDs (Indices) |
1.0% |
$2 per lot |
Varies by index |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
HACHIJUNI does not impose deposit or withdrawal fees, ensuring cost-effective transactions for clients. However, users should be aware of the following potential costs:
– Inactivity fees may apply after a certain period of account dormancy.
– Platform usage fees are not applicable, as the trading platform is free to use.
– Overnight interest (swap rates) may incur for positions held overnight, depending on the account type.
– Currency conversion fees may apply for trades involving different currencies.
