What Account Types and Fees Does Retela Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners, casual traders |
Competitive spreads from 0.1 pips, no commissions on forex trading |
Minimum deposit of $1,000, suitable for small-capital practice |
| Premium Account |
Experienced traders, high-volume traders |
Similar spreads as Standard Account, small commission per trade |
Minimum deposit of $10,000, ideal for active trading |
| Corporate Account |
Corporate clients |
Customized trading solutions, higher leverage options |
Requires corporate documentation, tailored services available |
| Islamic Account |
Traders seeking swap-free options |
Complies with Islamic finance principles, no overnight swap fees |
Available to eligible clients; documentation required |
| Demo Account |
New traders, those testing strategies |
Practice trading without risk, access to all features |
No minimum deposit; valid for a limited time |
Account Opening Process
To open an account with Retela, follow these steps:
1. Contact Retela: Reach out to Retela Crea Securities via phone at +81 03-6385-0611 to start the account opening process.
2. Prepare Documents: Gather necessary identity verification documents such as a driver’s license, passport, or resident card. Ensure these documents contain your name, address, and date of birth.
3. My Number: Have your My Number ready, which is found on documents like the individual number card.
4. Contact Sales Staff: Connect with Retela’s sales staff to schedule a visit, visit a branch in person, or send your application by mail.
5. Complete Application: Depending on your preference, finalize the application process face-to-face with their staff or by mail. They will guide you through paperwork and answer any questions.
Account flexibility is available, allowing for upgrading to a professional account later if necessary.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.1 |
$0 (for Standard Account; Premium Account: $5/lot) |
Tight spreads for major currency pairs |
| CFDs (Stocks) |
0.5 |
$3/lot |
Competitive commission rates |
| CFDs (Indices) |
1.0 |
$2/lot |
Varies by index |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, Retela may charge:
– Deposit/Withdrawal Fees: Typically, there are no fees, but methods may vary.
– Inactivity Fees: Accounts that remain inactive for an extended period may incur fees.
– Platform Usage Fees: No specific fees for using the trading platform.
– Overnight Interest (Swap Rates): Applicable for positions held overnight.
– Currency Conversion Fees: May apply when trading in different currencies.
