What Account Types and Fees Does MARUSAN Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| General Account |
Retail investors |
Comprehensive platform for managing funds, access to investment trusts, and stock trading. |
Suitable for individuals looking to invest in stocks and trusts, funds managed within Money Reserve Fund. |
| Specific Account |
Experienced investors |
Tailored features with simplified tax reporting and annual transaction summary. |
Recommended for users needing specific investment tracking and tax benefits. |
Account Opening Process
To open an account with MARUSAN, users must follow a straightforward process. Initially, applicants need to submit personal details, including their full name, contact information, and date of birth. Next, employment information, such as job title, employer details, and income sources, must be provided. Additionally, financial information is required to understand the applicant’s trading objectives and risk tolerance. Identity verification is essential, requiring a government-issued ID and proof of address, such as a utility bill or bank statement. Once the account is set up, users have the flexibility to upgrade to a professional account as their trading experience and volume increase.
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 for minor pairs. |
| CFDs (Stocks) |
1.5 |
$5 per lot |
Varies based on stock volatility. |
| CFDs (Indices) |
2.0 |
$10 per lot |
Standard fees for index trades. |
| CFDs (Commodities) |
3.0 |
$8 per lot |
Fees depend on commodity type. |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable fees based on market conditions. |
Other Fees
MARUSAN also imposes several other fees that traders should consider. There may be deposit and withdrawal fees depending on the chosen payment method. Additionally, an inactivity fee may apply to accounts that remain dormant for an extended period. If applicable, platform usage fees could be charged, particularly for advanced trading tools. Traders should also be aware of overnight interest charges, known as swap rates, that apply to positions held overnight. Finally, currency conversion fees may be incurred when trading in different currencies.
