Himawari Account Types

Himawari offers two main account types for traders:

• Himawari FX Regular Account: This account allows users to trade various currency pairs, stocks, and commodity ETFs. It offers fee-free trading, which includes transactions and account-related fees. The minimum deposit for this account is 10,000 currency units, and it provides leverage up to 25 times the deposit amount with a margin requirement of 4%.

• Loop If Dan Account: This account is designed for automated trading using a "repeat strategy" approach with predetermined trading rules. The minimum deposit for this account is lower at 1,000 currency units. A demo account is also available for users to test the automated trading system.

Himawari Broker Account Opening Process

To open an account with Himawari, follow these steps:

• Visit the Website: Go to Himawari's official website.

• Choose Account Type: Select either the Himawari FX Regular Account or the Loop If Dan Account.

• Fill Out Registration Form: Provide necessary personal information, including:

• Legal name
• Current address
• Social security number (or other tax ID)
• Employment details
• Submit Required Documents: Upload the necessary documents for identity and residency verification, such as:
• A copy of your identification (passport, national ID, or driver's license)
• A recent utility bill or bank statement for proof of residency

• Complete KYC Process: Go through the Know Your Customer (KYC) verification process, which may include answering questions about your trading experience and investment objectives.

• Fund Your Account: After approval, fund your account using one of the deposit methods:

• Quick deposit via internet banking
• Regular deposit at bank windows or ATMs
• Start Trading: Once your account is funded, you can begin trading on the platform.

The entire process typically takes about 24 hours for account activation after all documents are verified.