What Account Types and Fees Does Tachibana Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low spreads, user-friendly interface |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
High leverage, advanced trading tools |
Requires trading experience and volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, dedicated support |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
No overnight interest charges |
Must comply with Islamic finance principles |
| Demo Account |
New traders and those testing strategies |
Practice trading without risk |
Available for all potential users |
Account Opening Process
To open an account with Tachibana, prospective traders must follow a structured process. First, they need to submit personal, employment, and financial information. This includes providing identity verification documents such as an ID and proof of address. Following the initial submission, the account will undergo a verification process. After approval, users can start trading, and there is flexibility to upgrade to a professional account later if desired, depending on trading activity and experience.
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) |
1.2 |
$0 (ECN: $3.5/lot) |
Competitive spreads |
| CFDs (Nikkei 225) |
2.0 |
$5 per lot |
Standard fee structure |
| CFDs (Commodities) |
3.0 |
$7 per lot |
Varies by commodity |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, Tachibana imposes several other costs. There may be deposit and withdrawal fees, although withdrawals are typically free. The platform may charge inactivity fees if an account remains dormant for an extended period. Overnight interest or swap rates may apply for positions held overnight. Additionally, currency conversion fees may be incurred for trading in different currencies.
