juroku bank Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: juroku bank Account Types Overview
juroku bank Account Types Explained
Juroku Bank offers a variety of account types tailored to different trading needs. Below is a detailed overview of the available account types:
- 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: User-friendly interface, suitable for beginners
- Target User Profile: Beginners and casual traders
- Trading Instruments Available: Forex, commodities, indices
- ECN Account
- Minimum Deposit Requirement: ¥50,000
- Spread/Commission Structure: Low spreads starting from 0.1 pips + commission
- Leverage Options: Up to 1:200
- Key Features: Direct market access, faster execution
- Target User Profile: Experienced traders and scalpers
- Trading Instruments Available: Forex, commodities, cryptocurrencies
- Pro Account
- Minimum Deposit Requirement: ¥100,000
- Spread/Commission Structure: Fixed spreads with lower commission rates
- Leverage Options: Up to 1:300
- Key Features: Advanced trading tools, priority customer support
- Target User Profile: Professional traders and institutions
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
- Islamic Account
- Minimum Deposit Requirement: ¥10,000
- Spread/Commission Structure: Similar to Standard Account
- Leverage Options: Up to 1:100
- Key Features: Swap-free trading in compliance with Sharia law
- Target User Profile: Muslim traders
- Trading Instruments Available: Forex, commodities, indices
- Demo Account
- Minimum Deposit Requirement: Virtual balance (typically ¥1,000,000)
- Spread/Commission Structure: Same as Standard Account
- Leverage Options: Up to 1:100
- Key Features: Risk-free environment to practice trading
- Target User Profile: Beginners and traders testing strategies
- 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
- Testing Strategies: Demo Account
Part 2: juroku bank Account Features Comparison
Detailed juroku bank Account Features
Heres a comparison of features across different account types:
Minimum Deposit:
Standard: ¥10,000
ECN: ¥50,000
Pro: ¥100,000
Islamic: ¥10,000
Demo: Virtual balance
Maximum Leverage:
Standard: 1:100
ECN: 1:200
Pro: 1:300
Islamic: 1:100
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.1 pips
Pro: Fixed spreads
Islamic: Similar to Standard
Commission Fees:
Standard: None
ECN: Low commission
Pro: Lower commission rates
Islamic: None
Lot Size:
Standard: Micro
ECN: Mini/Standard
Pro: Standard
Islamic: Micro
Available Trading Platforms:
All accounts: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Islamic Account Availability: Yes for Islamic Account
Swap-Free Options: Available for Islamic Account
Demo Account Features: Available for all account types
Advantages of Each Account Type
-
Standard Account:
Easy to use
No commission fees
Suitable for beginners
Access to various trading instruments
ECN Account:
Low spreads
Fast execution
Ideal for scalping
Direct market access
Pro Account:
Advanced trading tools
Lower commission rates
Priority support
Suitable for professional trading
Islamic Account:
Complies with Sharia law
No swap fees
Suitable for Muslim traders
Access to same instruments as Standard
Demo Account:
Risk-free trading
Practice strategies
Virtual funds
No time limit for use
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Requires higher minimum deposit
Commission fees may apply
Pro Account:
High minimum deposit
More complex for beginners
Islamic Account:
Limited availability of some features
May have higher spreads
Demo Account:
No real money involved
Limited to virtual trading experience
Part 3: juroku bank Account Opening Requirements
juroku bank Account Registration Requirements
Eligibility Criteria:
- Age Requirements: Must be at least 18 years old
- Geographic Restrictions: Available to residents of Japan and select countries
- Prohibited Countries: Specific countries may be restricted (check with the bank)
- Identity Verification Documents Needed:
- Valid passport
- Residence card (for foreign residents)
- Proof of Residence Requirements: Utility bill or bank statement with your name and address
- Additional Documentation for Professional Accounts: Financial statements may be required
KYC/AML Compliance Procedures
- Juroku Bank adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and source of funds.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Part 4: juroku bank Account Opening Process
Step-by-Step juroku bank Account Opening Guide
- Visit Website and Click Registration: Go to the Juroku Bank website and find the account registration section.
- Personal Information Entry: Fill in your personal details, including name, address, and contact information.
- Choose Account Type: Select the account type that best fits your trading needs.
- Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
- Document Upload: Upload the required identification and proof of residence documents.
- Account Verification: Wait for the bank to verify your documents.
- Fund Your Account: Once verified, deposit funds into your account to start trading.
- Start Trading: Access the trading platform and begin your trading activities.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, though mobile may offer a more streamlined experience.
Common Registration Issues and Solutions
- Issue: Document rejection due to poor quality.
- Solution: Ensure all documents are clear and legible before uploading.
- Issue: Delays in verification.
- Solution: Contact customer support for updates.
Average Account Approval Time
- Typically, account approval takes 1-3 business days, depending on the completeness of the application.
How to Upgrade/Downgrade Account Types
- To change account types, contact customer support for guidance on the process and any additional requirements.
juroku bank Demo Account Guide
Demo Account Features and Benefits
- Provides a risk-free environment to practice trading strategies.
- Access to the same trading platforms and instruments as live accounts.
How to Open a Demo Account
- Visit the Juroku Bank website and select the demo account option. Fill out the registration form to create your demo account.
Demo Account Limitations
- Limited to virtual funds and does not involve real money trading.
Virtual Balance Amount
- Typically set at ¥1,000,000 for practice purposes.
Demo vs Live Account Differences
- Demo accounts use virtual funds, while live accounts involve real money and actual trading conditions.
Duration/Expiry of Demo Accounts
- Demo accounts may have a set duration or remain active as long as there is activity within a specified period.
Part 6: juroku bank Islamic Account Details
juroku bank Islamic Account Details
Swap-Free/Islamic Account Availability
- Juroku Bank offers Islamic accounts that comply with Sharia law, allowing for swap-free trading.
Eligibility Requirements
- Must be a Muslim trader seeking compliance with Islamic finance principles.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees and have similar features to standard accounts.
How to Apply for Islamic Account
- Select the Islamic account option during the registration process and provide necessary documentation.
Restrictions or Special Conditions
- Islamic accounts may have specific terms regarding trading conditions; check with the bank for details.
FAQs – juroku bank Account Types & Opening
- What account types does juroku bank offer?
- Juroku Bank offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: ¥10,000, ECN: ¥50,000, Pro: ¥100,000, Islamic: ¥10,000, Demo: Virtual balance.
- How long does juroku bank account verification take?
- Verification typically takes 1-3 business days.
- Does juroku bank offer demo accounts?
- Yes, Juroku Bank offers demo accounts for practice trading.
- Can I have multiple account types with juroku bank?
- Yes, you can hold multiple account types.
- Does juroku bank offer Islamic/swap-free accounts?
- Yes, Islamic accounts are available for Muslim traders.
- What documents do I need to open a juroku bank account?
- Required documents include a valid passport, residence card, and proof of residence.
- Can I change my account type after registration?
- Yes, you can contact customer support to change your account type.
Juroku Bank accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .