Kiraboshi offers several account types tailored to different trading needs and user profiles. Below is an overview of the available account types, including their features and requirements.
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments |
|---|---|---|---|---|---|---|
| Standard Account | ¥10,000 | Variable spreads from 1.0 pips | Up to 1:100 | Basic trading features, suitable for beginners | Beginners | Forex, CFDs |
| ECN Account | ¥50,000 | Commission-based, spreads from 0.1 pips | Up to 1:200 | Direct market access, lower spreads | Advanced traders | Forex, commodities |
| Pro Account | ¥100,000 | Fixed spreads, lower commissions | Up to 1:100 | Advanced tools and analytics | Professional traders | Forex, indices |
| Islamic Account | ¥10,000 | Variable spreads, no swap fees | Up to 1:100 | Swap-free trading | Muslim traders | Forex, CFDs |
| Demo Account | N/A | N/A | N/A | Practice trading with virtual funds | All levels | Forex, CFDs |
Heres a detailed comparison of the features across different kiraboshi account types:
| Feature | Standard Account | ECN Account | Pro Account | Islamic Account | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | ¥10,000 | ¥50,000 | ¥100,000 | ¥10,000 | N/A |
| Maximum Leverage | 1:100 | 1:200 | 1:100 | 1:100 | N/A |
| Spreads | From 1.0 pips | From 0.1 pips | Fixed | Variable | N/A |
| Commission Fees | None | ¥1,000 per lot | Lower than Standard | None | N/A |
| Lot Size | Standard | Mini | Standard | Standard | N/A |
| Trading Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 |
| Execution Type | Market | ECN | Market | Market | N/A |
| Islamic Account Availability | No | No | No | Yes | No |
| Swap-Free Options | No | No | No | Yes | No |
| Demo Account Features | N/A | N/A | N/A | N/A | Virtual funds, practice trading |
| Advantages | Easy to use, low deposit | Lower spreads, direct access | Advanced tools | Complies with Islamic law | Risk-free practice |
| Disadvantages | Higher spreads | Requires higher deposit | Higher minimum deposit | Limited features | Limited to virtual trading |
To open a kiraboshi account, the following eligibility criteria and documentation are required:
Eligibility Criteria:
Minimum age of 18 years.
Must be a resident of Japan or a country where kiraboshi operates.
Prohibited countries include those under international sanctions.
Identity Verification Documents Needed:
Government-issued ID (passport or driver's license).
Proof of residence (utility bill or bank statement).
Additional Documentation for Professional Accounts:
Financial statements or proof of income may be required for Pro Accounts.
KYC/AML Compliance Procedures:
All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames:
Account verification typically takes 1-3 business days.
Follow these steps to successfully open a kiraboshi account:
Demo Account Features and Benefits:
Practice trading without financial risk.
Access to the same trading platforms as live accounts.
How to Open a Demo Account:
Visit the kiraboshi website and select the demo account option.
Fill in the required information and submit.
Demo Account Limitations:
Limited to virtual funds and a set duration (usually 30 days).
Virtual Balance Amount:
Typically starts with a virtual balance of ¥1,000,000.
Demo vs Live Account Differences:
Demo accounts do not involve real money and may have limited features compared to live accounts.
Duration/Expiry of Demo Accounts:
Demo accounts usually expire after 30 days of inactivity.
Swap-Free/Islamic Account Availability:
kiraboshi offers an Islamic account that complies with Sharia law.
Eligibility Requirements:
Must provide a declaration of eligibility for an Islamic account.
Differences from Standard Accounts:
Islamic accounts do not incur swap fees on overnight positions.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process.
Restrictions or Special Conditions:
Islamic accounts may have specific trading conditions and limitations.
Explore broker markets account types: forex/trading accounts with demo access.