What Account Types and Fees Does Okasan Asset 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 |
High leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, competitive rates |
Requires corporate documentation |
| Islamic Account |
Traders requiring swap-free accounts |
Compliant with Sharia law, no overnight interest |
Available upon request |
| Demo Account |
New traders |
Practice trading without risk, real-time market conditions |
No capital required |
Account Opening Process
To open an account with Okasan Asset, you will need to follow a structured process. First, you will submit your personal information, including your name, date of birth, and contact details. Next, you will provide employment details, such as your job title and employer information, along with your financial information, including your income and net worth. Identity verification is a crucial step; you will need to submit a valid ID and proof of address. Once your identity is verified, you can proceed with the account setup. Okasan Asset also offers flexibility; you can upgrade to a professional account in the future if you meet the necessary criteria.
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) |
0.2 |
$5 |
Varies by stock |
| CFDs (Indices) |
1.5 |
$3 |
Market standard |
| CFDs (Commodities) |
2.0 |
$4 |
Depends on commodity type |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, Okasan Asset imposes several other costs. Deposit and withdrawal fees may apply, depending on the payment method chosen. There is typically an inactivity fee for accounts that remain dormant for an extended period. While there are no platform usage fees, traders should be aware of overnight interest charges (swap rates) applicable to certain accounts. Lastly, currency conversion fees may apply when trading in different currencies.
