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Rating Index
Pros
Regulated brokerage under the Financial Services Agency (FSA) of Japan, enhancing trader confidence.
Multiple account types available, catering to different trading preferences and minimum deposit requirements.
Access to a range of tradable assets, including forex, stocks, indices, commodities, and cryptocurrencies.
Cons
Website and services are exclusively in Japanese, limiting accessibility for non-Japanese speaking traders.
Limited leverage for cryptocurrencies, which may restrict trading opportunities for crypto enthusiasts.
Withdrawal fees apply for certain methods, potentially affecting the cost-effectiveness of transactions.
MONEY PARTNERS broker Accounts
MONEY PARTNERS Account Type
MONEY PARTNERS offers a variety of account types tailored to meet the needs of different traders. The available accounts include:
- Standard Account
- Minimum Deposit: ¥10,000
- Spreads: Starting from 1.5 pips or higher
- Leverage: Up to 1:400 for forex trading
- Raw ECN Account
- Minimum Deposit: ¥100,000
- Spreads: Starting from 0 pips
- Leverage: Up to 1:400 for forex trading
- MT4 ECN Account
- Minimum Deposit: ¥10,000
- Spreads: Starting from 0 pips
- Leverage: Up to 1:400 for forex trading
- Islamic Account
- Minimum Deposit: ¥10,000
- Spreads: Starting from 1.5 pips or higher
- Leverage: Up to 1:400 for forex trading
- Features: Swap-free option for Muslim traders
- Visit the Website
- Navigate to the official MONEY PARTNERS website.
- Click on "Open Checking Account"
- Locate the red “Open Checking Account” button on the top right side of the homepage.
- Provide Personal Information
- Fill out the application form with your personal and contact information.
- Verification
- Verify your phone number or email as part of the registration process.
- Japanese ID Requirement
- To complete the account creation process, a Japanese ID is required. This means that services are primarily available to domestic customers.
- Account Creation Completion
- Once your information is verified, the account creation is completed, and you can start trading.
These account types provide flexibility for both beginner and experienced traders, allowing them to choose an account that aligns with their trading goals and financial capacity.
MONEY PARTNERS Broker Account Opening Process
Opening an account with MONEY PARTNERS involves a straightforward process:
By following these steps, traders can easily set up their accounts and begin participating in the financial markets offered by MONEY PARTNERS.
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