Rating Index
Pros
Regulated by Japan's Financial Services Agency, ensuring a secure trading environment.
Zero minimum deposit requirement, making it accessible for new traders.
Diverse range of financial instruments including forex, CFDs, commodities, and indices.
Cons
Lacks support for popular trading platforms like MT4 and MT5, which may deter some traders.
Limited payment methods, primarily supporting bank transfers and credit card deposits.
No insurance for client funds, which may raise concerns about fund safety.
Hibiki broker Accounts
Hibiki Account Type
Hibiki offers two main types of accounts for its clients: Cash Account and Margin Account.
- Cash Account
- Minimum Deposit: $0
- Leverage: None
- Spreads: Variable spreads starting from 0 pips
- Products Available: Stocks, ETFs, Options, Futures
- Margin Account
- Minimum Deposit: $2,000
- Leverage: Up to 1:25
- Spreads: Variable spreads starting from 0.4 pips
- Products Available: Expanded products including IPOs, Leveraged ETFs, and Fixed Income
- Provide Personal Information: Fill out an online form with details such as name, contact information, and employment status.
- Verify Identity: Upload identification documents like a passport or driver's license for verification.
- Fund Account: Make the initial deposit through bank transfer or card payment. The minimum deposit is $0 for the Cash Account and $2,000 for the Margin Account.
- Review Agreements: Read and consent to client agreements, terms of service, and disclosures.
- Access Account: Download trading platforms and log in to access your new account.
Hibiki Broker Account Opening Process
To open an account with Hibiki, follow these key steps:
The account opening process typically takes 1-2 business days if all information and funding are readily available.
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