Shizuoka broker Accounts

shizuoka Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

shizuoka Account Types Explained

Shizuoka offers various account types tailored to meet the needs of different traders, including beginners, advanced users, and institutional clients. Below is a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: ¥10,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission on trades.
• Leverage Options: Up to 1:100.
• Key Features: User-friendly interface, access to basic trading tools.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex pairs, commodities, and indices.

2. ECN Account

• Minimum Deposit Requirement: ¥50,000
• Spread/Commission Structure: Spreads from 0.0 pips; commission of ¥500 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex pairs, commodities, and cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: ¥100,000
• Spread/Commission Structure: Spreads from 0.5 pips; commission of ¥300 per lot.
• 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 pairs, commodities, indices, and CFDs.

4. Islamic Account

• Minimum Deposit Requirement: ¥10,000
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:100.
• Key Features: Compliant with Sharia law; no interest on overnight positions.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex pairs and commodities.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of ¥1,000,000.
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:100.
• Key Features: Risk-free trading environment to practice strategies.
• Target User Profile: New traders and those testing strategies.
• Trading Instruments Available: All instruments available in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Detailed shizuoka Account Features

Comparison of Features Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners.

• No commission fees.

• Access to a wide range of instruments.

• ECN Account:

• Lower spreads for high-frequency trading.

• Direct market access.

• Suitable for scalping strategies.

• Pro Account:

• Advanced tools and features.

• Lower commission fees for high-volume traders.

• Priority customer support.

• Islamic Account:

• Complies with Sharia law.

• No overnight interest fees.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free environment to practice.

• Access to all trading instruments.

• Ideal for testing strategies before live trading.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN accounts.

• Limited advanced features.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees can add up for frequent traders.

• Pro Account:

• High minimum deposit requirement.

• May not be suitable for casual traders.

• Islamic Account:

• Limited to specific trading instruments.

• Not available for all account types.

• Demo Account:

• No real profit or loss.

• Limited duration for practice.

shizuoka Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: No specific restrictions mentioned; however, some countries may be prohibited.
• Prohibited Countries: Not specified in the sources.
• Identity Verification Documents Needed:
• Valid government-issued ID (passport or national ID).
• Proof of residence (utility bill or lease agreement).
• Proof of Residence Requirements: Must provide a document showing your current address in Japan.
• Additional Documentation for Professional Accounts: Employment verification or financial statements may be required.

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 the submitted documents.

Step-by-Step shizuoka Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Navigate to the official Shizuoka website and find the account registration section.
2. Personal Information Entry: Fill out the required personal details, including name, email, and phone number.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your preferred trading settings and leverage options.
5. Document Upload: Upload the necessary identity verification and proof of residence documents.
6. Account Verification: Wait for the verification team to review your application and documents.
7. Fund Your Account: Once approved, deposit the minimum required amount to activate your account.
8. Start Trading: Access the trading platform and begin your trading journey.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, although mobile applications 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 your application status.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can request to upgrade or downgrade their account type through the customer support portal or by contacting their account manager.

shizuoka Demo Account Guide

Demo Account Features and Benefits

• Provides a virtual trading environment with a balance of ¥1,000,000.
• Allows users to practice trading strategies without financial risk.
• Access to all trading instruments available in live accounts.

How to Open a Demo Account

• Visit the Shizuoka website and navigate to the demo account section.
• Fill out the registration form and provide the required information.
• Receive login credentials to access the demo trading platform.

Demo Account Limitations

• The demo account is typically available for a limited time (e.g., 30 days).
• No real profits or losses are incurred during demo trading.

Virtual Balance Amount

• The demo account comes with a virtual balance of ¥1,000,000 for practice trading.

Demo vs Live Account Differences

• The demo account does not involve real money; therefore, it cannot be used for actual trading.
• Live accounts involve real financial transactions and market exposure.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days, but this may vary depending on the broker's policies.

shizuoka Islamic Account Details

Swap-Free/Islamic Account Availability

• Shizuoka offers Islamic accounts that comply with Sharia law, ensuring no interest is charged on overnight positions.

Eligibility Requirements

• Applicants must declare their need for an Islamic account during the registration process.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

• Select the Islamic account option during the account registration process and provide any necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have limitations on certain trading instruments, and users should confirm these details during registration.

FAQs – shizuoka Account Types & Opening

1. What account types does shizuoka offer？

• Shizuoka 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: ¥10,000; Demo: ¥1,000,000 (virtual).

1. How long does shizuoka account verification take？

• Verification typically takes 1-3 business days.

1. Does shizuoka offer demo accounts？

• Yes, Shizuoka offers demo accounts for practice trading.

1. Can I have multiple account types with shizuoka？

• Yes, users can open multiple account types as needed.

1. Does shizuoka offer Islamic/swap-free accounts？

• Yes, Shizuoka provides Islamic accounts that comply with Sharia law.

1. What documents do I need to open a shizuoka account？

• Required documents include a valid ID, proof of residence, and any additional documentation for professional accounts.

1. Can I change my account type after registration？

• Yes, users can request to upgrade or downgrade their account type through customer support.