OANDA Japan Account Types

OANDA Japan offers two main types of trading accounts designed to cater to different trading needs: the FX CFD Account and the Pro Account.

• FX CFD Account
• Minimum Deposit: ¥100,000
• Leverage: Up to 1:25
• Spread: Floating spreads starting from 0.5 pips for EUR/USD
• Trading Platforms: MetaTrader 4, MetaTrader 5, TradingView, FXTrade
• Trading Assets: Forex, indices, precious metals, energy carriers, and soft commodities
• Pro Account
• Minimum Deposit: ¥200,000
• Leverage: Up to 1:500 for professional traders
• Spread: Competitive spreads with lower trading costs
• Trading Platforms: Supports automated trading through MetaTrader platforms

While the FX CFD Account is suitable for beginners, the Pro Account is designed for experienced traders looking for advanced features and higher leverage.

OANDA Japan Broker Account Opening Process

Opening an account with OANDA Japan is a straightforward process that can be completed online. Here are the steps:

• Application:
• Visit OANDA Japan's official website and click on the "Create Account" option.
• Confirm your residency and read the terms before proceeding.
• Identity Verification:
• You will need to provide proof of identity and proof of residence. Acceptable documents include:
• Proof of Identity: Valid passport, driver's license, or government-issued ID.
• Proof of Residence: Utility bills, bank statements, or any document showing your name and address.
• Funding Your Account:
• After your identity is verified, you can fund your account using various methods such as bank transfers or credit/debit cards. The minimum deposit for the FX CFD Account is ¥100,000, while the Pro Account requires ¥200,000.
• Start Trading:
• Once your account is funded, you can start trading on your chosen platform. OANDA Japan provides access to a demo account for practice before committing real funds.

This process ensures compliance with regulatory standards while providing a user-friendly experience for traders.