What Account Types and Fees Does Toho Securities Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage and advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients and institutions |
Customized services and reporting |
Requires corporate documentation |
| Islamic Account |
Traders adhering to Islamic finance principles |
Swap-free trading options |
Available upon request |
| Demo Account |
All traders |
Practice trading without real money |
No capital requirement, time-limited access |
Account Opening Process
To open an account with Toho Securities, prospective clients must follow several steps. Initially, you will need to provide personal information, including your name, contact details, and date of birth. Employment details, such as your job title and employer, are also required. Additionally, financial information regarding your trading experience and investment goals will be necessary. After submitting these details, you must complete identity verification by providing a government-issued ID and proof of address, such as a utility bill. Toho Securities offers account flexibility, allowing clients to upgrade to a professional account later if their trading volume increases or if they meet other eligibility criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive for major pairs |
| CFDs (Stocks) |
0.5 |
$5 per lot |
Varied based on stock |
| CFDs (Indices) |
1.2 |
$3 per lot |
Standard index fees apply |
| CFDs (Commodities) |
1.5 |
$4 per lot |
Includes major commodities |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Additional costs associated with Toho Securities include deposit and withdrawal fees, which may vary based on the payment method chosen. Inactivity fees apply if the account remains dormant for an extended period. Platform usage fees may be applicable, depending on the services utilized. Clients should also be aware of overnight interest charges (swap rates) on leveraged positions and currency conversion fees when trading in different currencies. It is essential for traders to review these potential costs to fully understand their trading expenses.
