What Account Types and Fees Does MARUCHIKA Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly interface |
Suitable for small-capital practice |
| Professional Account |
Experienced traders and high-volume investors |
Higher leverage, access to advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients and institutional investors |
Customized services, dedicated account management |
Requires corporate documentation and verification |
| Islamic Account |
Traders adhering to Islamic finance principles |
Swap-free trading conditions |
Requires proof of eligibility for Islamic compliance |
| Demo Account |
New traders looking to practice |
Risk-free environment to test strategies |
Limited availability; check for current offerings |
Account Opening Process
To open an account with MARUCHIKA, potential clients must follow these steps:
1. Personal Information Submission: Provide basic personal information, including name, date of birth, and contact details.
2. Employment Information: Fill in details regarding current employment status, occupation, and income level.
3. Financial Information: Disclose financial background, including trading experience and investment objectives.
4. Identity Verification: Submit identity verification documents such as a government-issued ID and proof of address (e.g., utility bill).
5. Account Flexibility: Once the account is opened, clients can later upgrade to a professional account if they meet the required trading volume qualifications.
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 minor pairs |
| CFDs (Stocks) |
1.5 |
$5 per lot |
Varied spreads based on stock volatility |
| CFDs (Commodities) |
2.0 |
$5 per lot |
Includes oil and gold |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
In addition to trading fees, MARUCHIKA may impose the following costs:
– Deposit/Withdrawal Fees: Fees may apply for fund transfers, depending on the payment method chosen.
– Inactivity Fees: Accounts that remain inactive for an extended period may incur inactivity fees.
– Platform Usage Fees: If applicable, fees for using specific trading platforms may be charged.
– Overnight Interest (Swap Rates): Charges for holding positions overnight, applicable for certain accounts.
– Currency Conversion Fees: Fees may apply when converting funds between different currencies.
