Hokkaido broker Accounts

hokkaido Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

hokkaido Account Types Explained

Hokkaido offers various account types tailored to meet the needs of different traders. Heres a breakdown of the available account types:

1. Standard Account

• Minimum Deposit Requirement: ¥10,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:100
• Key Features: Ideal for beginners; access to a wide range of trading instruments.
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: ¥50,000
• Spread/Commission Structure: Low spreads starting from 0.0 pips with a commission of ¥500 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access; suitable for high-frequency trading.
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices

3. Pro Account

• Minimum Deposit Requirement: ¥100,000
• Spread/Commission Structure: Fixed spreads starting from 0.5 pips with a lower commission rate
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions; priority customer service.
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: ¥10,000
• Spread/Commission Structure: Similar to Standard Account but swap-free
• Leverage Options: Up to 1:100
• Key Features: Complies with Sharia law; no swap fees.
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of ¥1,000,000
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:100
• Key Features: Risk-free trading environment; practice trading strategies.
• Target User Profile: All levels
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Detailed hokkaido Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:
• Easy to set up
• Low minimum deposit
• Suitable for beginners
• Access to a variety of instruments
• ECN Account:
• Tight spreads
• Direct market access
• Ideal for scalping
• High leverage options
• Pro Account:
• Enhanced trading conditions
• Lower commission rates
• Priority customer support
• Access to advanced trading tools
• Islamic Account:
• Complies with Sharia law
• No swap fees
• Suitable for Muslim traders
• Similar features to Standard Account
• Demo Account:
• Risk-free environment
• Ideal for practice
• Access to all trading instruments
• Helps in strategy development

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN
• Limited features for advanced traders
• ECN Account:
• Higher minimum deposit
• Commission fees may add up
• Pro Account:
• High minimum deposit requirement
• Not suitable for beginners
• Islamic Account:
• Limited to Muslim traders
• Similar features to Standard Account but no swaps
• Demo Account:
• Virtual funds only
• No real market experience

hokkaido Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: No restrictions mentioned.
• Prohibited Countries: Not specified.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of residence (utility bill or lease agreement)
• Proof of Residence Requirements: Must provide a document showing your current address in Japan.
• Additional Documentation for Professional Accounts: Proof of trading experience may be required.

KYC/AML Compliance Procedures

• All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks as per regulatory requirements.

Verification Time Frames

• Account verification typically takes 1-3 business days.

Step-by-Step hokkaido Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the official hokkaido website.
2. Personal Information Entry: Fill in your personal details including name, address, and contact information.
3. Choose Account Type: Select the type of account you wish to open.
4. Set Trading Preferences: Specify your trading preferences and risk tolerance.
5. Document Upload: Upload the required identity verification and proof of residence documents.
6. Account Verification: Wait for the account to be verified by the hokkaido team.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile registration may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload errors
• Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
• Issue: Verification delays
• Solution: Contact customer support for updates.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Users can request an upgrade or downgrade through their account management portal or by contacting customer support.

hokkaido Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading.
• Access to the same trading platforms and instruments as live accounts.

How to Open a Demo Account

• Visit the hokkaido website and select the demo account option.
• Fill in the required information and submit.

Demo Account Limitations

• Virtual funds only; cannot be used for real trading.

Virtual Balance Amount

• Typically set at ¥1,000,000 for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for 30 days unless extended.

hokkaido Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, hokkaido offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a Muslim trader.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• Islamic accounts may have similar trading conditions to standard accounts but are specifically designed for Muslim traders.

FAQs – hokkaido Account Types & Opening

1. What account types does hokkaido offer？

• Hokkaido offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: ¥10,000, ECN: ¥50,000, Pro: ¥100,000, Islamic: ¥10,000, Demo: ¥1,000,000 (virtual).

1. How long does hokkaido account verification take？

• Verification typically takes 1-3 business days.

1. Does hokkaido offer demo accounts？

• Yes, hokkaido offers demo accounts for practice.

1. Can I have multiple account types with hokkaido？

• Yes, users can hold multiple account types.

1. Does hokkaido offer Islamic/swap-free accounts？

• Yes, hokkaido provides Islamic accounts that are swap-free.

1. What documents do I need to open a hokkaido account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type.