Senshu Ikeda Bank broker Accounts

senshu ikeda bank Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: senshu ikeda bank Account Types Overview

senshu ikeda bank Account Types Explained

Senshu Ikeda Bank offers a variety of account types tailored to meet the needs of different users. Below are the main account types available:

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: Basic trading features, suitable for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: ¥50,000
• Spread/Commission Structure: Raw spreads with a commission of ¥500 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads
• Target User Profile: Experienced traders
• Trading Instruments Available: Forex, cryptocurrencies, commodities

1. Pro Account

• Minimum Deposit Requirement: ¥100,000
• Spread/Commission Structure: Fixed spreads starting from 0.5 pips
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: ¥50,000
• Spread/Commission Structure: Similar to Standard Account but swap-free
• Leverage Options: Up to 1:100
• Key Features: Compliant with Sharia law, no swap fees
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:100
• Key Features: Practice trading with virtual funds
• Target User Profile: Beginners and experienced traders
• 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

Part 2: senshu ikeda bank Account Features Comparison

Detailed senshu ikeda bank Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: ¥10,000

• ECN: ¥50,000

• Pro: ¥100,000

• Islamic: ¥50,000

• Demo: N/A

• Maximum Leverage:

• Standard: 1:100

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:100

• Demo: 1:100

• Spreads:

• Standard: Variable from 1.0 pips

• ECN: Raw spreads

• Pro: Fixed from 0.5 pips

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: ¥500 per lot

• Pro: None

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4

• ECN: MT4, MT5

• Pro: MT5

• Islamic: MT4

• Demo: MT4

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual funds for practice, access to trading instruments, same spreads as Standard Account.

Advantages and Disadvantages of Each Account Type

• Standard Account:

• Advantages: Low minimum deposit, user-friendly for beginners.

• Disadvantages: Higher spreads, limited features compared to Pro and ECN accounts.

• ECN Account:

• Advantages: Lower spreads, direct market access.

• Disadvantages: Higher minimum deposit, commission fees apply.

• Pro Account:

• Advantages: Fixed spreads, advanced trading tools.

• Disadvantages: High minimum deposit, not suitable for beginners.

• Islamic Account:

• Advantages: Compliant with Sharia law, no swap fees.

• Disadvantages: Limited to Muslim traders, similar features to Standard Account.

• Demo Account:

• Advantages: Risk-free practice, access to all trading instruments.

• Disadvantages: Virtual funds only, no real profits.

Part 3: senshu ikeda bank Account Opening Requirements

senshu ikeda bank Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Open to residents of Japan and select international locations.
• Prohibited Countries: Specific countries may be restricted based on local regulations.
• Identity Verification Documents Needed:
• Valid passport
• Residence card (Zairyu)
• Certificate of residence (Juminhyo)
• Proof of Residence Requirements: Utility bills or bank statements showing the current address.
• Additional Documentation for Professional Accounts: Business registration documents for corporate accounts.

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, depending on the completeness of submitted documents.

Part 4: senshu ikeda bank Account Opening Process

Step-by-Step senshu ikeda bank Account Opening Guide

1. Visit Website and Click Registration: Go to the Senshu Ikeda Bank official website.
2. Personal Information Entry: Fill in the required personal details.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate trading preferences and settings.
5. Document Upload: Upload necessary identification and proof of residence documents.
6. Account Verification: Wait for the bank to verify the submitted documents.
7. Fund Your Account: Deposit the minimum required amount to activate the account.
8. Start Trading: Access the trading platform and begin trading.

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 on the verification status.

Average Account Approval Time

• The average time for account approval is 1-3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• Contact customer support or access the account management section on the website to request changes in account type.

Part 5: senshu ikeda bank Demo Account Information

senshu ikeda bank Demo Account Guide

Demo Account Features and Benefits

• The demo account allows users to practice trading without financial risk, using virtual funds.

How to Open a Demo Account

• Users can register for a demo account directly on the Senshu Ikeda Bank website by selecting the demo option during the account registration process.

Demo Account Limitations

• The demo account is limited to virtual funds and does not allow for real trading profits.

Virtual Balance Amount

• The demo account typically starts with a virtual balance of ¥1,000,000.

Demo vs Live Account Differences

• The demo account uses virtual funds, while the live account requires real money deposits and allows for actual trading profits.

Duration/Expiry of Demo Accounts

• Demo accounts generally remain active for 30 days, after which users may need to reapply for a new demo account.

Part 6: senshu ikeda bank Islamic Account Details

senshu ikeda bank Islamic Account Details

Swap-Free/Islamic Account Availability

• Senshu Ikeda Bank offers an Islamic account that is compliant with Sharia law, allowing Muslim traders to trade without incurring swap fees.

Eligibility Requirements

• Applicants must be Muslim and provide documentation to verify their eligibility for an Islamic account.

Differences from Standard Accounts

• The Islamic account does not incur swap fees, making it suitable for long-term trading strategies.

How to Apply for Islamic Account

• Interested users can select the Islamic account option during the registration process on the Senshu Ikeda Bank website.

Restrictions or Special Conditions

• Islamic accounts may have specific conditions regarding trading instruments and leverage, which users should review before applying.

FAQs – senshu ikeda bank Account Types & Opening

1. What account types does senshu ikeda bank offer？

• Senshu Ikeda Bank 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: ¥50,000, Demo: N/A.

1. How long does senshu ikeda bank account verification take？

• Verification typically takes 1-3 business days.

1. Does senshu ikeda bank offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with senshu ikeda bank？

• Yes, users can open multiple account types.

1. Does senshu ikeda bank offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for Muslim traders.

1. What documents do I need to open a senshu ikeda bank account？

• Required documents include a valid passport, residence card, and proof of residence.

1. Can I change my account type after registration？

• Yes, account types can be changed by contacting customer support.