What Account Types and Fees Does OKAYASU SHOJI Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and retail traders |
Low spreads, user-friendly platform |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
High leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, dedicated support |
Requires corporate documentation |
| Islamic Account |
Traders adhering to Islamic finance principles |
Swap-free trading |
Available upon request |
| Demo Account |
New traders |
Practice trading without real capital |
Temporary access for skill development |
Account Opening Process
To open an account with OKAYASU SHOJI, follow these steps: first, submit your personal information, including name, date of birth, and contact details. Next, provide employment details, such as your occupation and employer. Then, submit financial information, including your income and net worth. Identity verification is crucial; you will need to upload a government-issued ID and proof of address, such as a utility bill. After your application is reviewed and approved, you can start trading. Additionally, account flexibility allows you to upgrade to a professional account later 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 majors |
| Forex (USD/JPY) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive rates for JPY pairs |
| CFDs (Stocks) |
Variable |
From $5 per lot |
Depends on the stock |
| CFDs (Commodities) |
2.0 |
$0 |
Fixed commission structure |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
OKAYASU SHOJI may charge the following additional fees: there are generally no deposit or withdrawal fees, but check for specific charges based on payment methods. An inactivity fee applies if there has been no trading activity for a certain period. Platform usage fees are not applicable, as the trading platform is provided at no extra cost. Overnight interest charges (swap rates) may apply based on your positions. Lastly, currency conversion fees may be incurred when trading in different currencies.
