What Account Types and Fees Does MITSUI Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and retail traders |
Low minimum deposit, user-friendly interface, educational resources |
Suitable for small-scale trading, no prior experience required |
| Professional Account |
Experienced traders |
Higher leverage, low spreads, access to advanced trading tools |
Requires proof of trading experience and minimum trading volume |
| Corporate Account |
Corporate clients |
Custom solutions, dedicated account management, tailored services |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking swap-free options |
No overnight interest fees, compliant with Islamic finance principles |
Requires verification of eligibility |
| Demo Account |
New and practicing traders |
Access to real market conditions without financial risk, practice trading |
Available for a limited time; no real funds involved |
Account Opening Process
To open an account with MITSUI, follow these steps:
1. Complete the application form with your personal, employment, and financial information.
2. Submit identity verification documents such as a government-issued ID and proof of address.
3. Wait for the verification process, which may take a few business days.
4. Once approved, you can start trading. Keep in mind that you have the flexibility to upgrade to a professional account later if you meet the required 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 spreads |
| CFDs (Stocks) |
0.1% |
$1 per lot |
Varies based on stock volatility |
| CFDs (Indices) |
0.5% |
$1 per lot |
Standard market conditions apply |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
MITSUI charges the following additional fees:
– Deposit/withdrawal fees may apply depending on the payment method used.
– Inactivity fees may be charged if the account remains dormant for an extended period.
– Platform usage fees are applicable for specific trading tools or features.
– Overnight interest (swap rates) will be applicable for positions held overnight, depending on market conditions.
– Currency conversion fees may apply for transactions involving different currencies.
