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GEMFOREX account type

At GEMFOREX where account opening is instant, there are two types of trading account offered, All-In-One account and No Spread account. Please choose the one that fits your trading style after checking the below table. In any case, we advise you to experience the Demo account first, before you start trading. All-in-one accounts have unlimited access to MT4 (MetaTrader 4) and EA (Expert Advisor).

Live Trading Account comparison table

All-in-One Account
No spread Account
Dedicated Mirror Trading Account
Demo Account
Wallet Account
All-in-One Account
  • Base CurrencyUSD/JPY
  • Number of Lot0.01Lot～
  • Initial Deposit$50(5,000JPY)～
  • Leverage1,000 times
    （200x for XPTUSD only）
  • Major Currency Spread1.1pip〜
  • Transaction feeFree
  • Order TypesLimit Order,At Market, Stop Loss
  • Max Trade Size - In Lots MT4：30Lot *1
    MT5：50Lot *2
  • Number of positions held of account unitMT4：30
    MT5：Unlimited*3 (including new limit orders)
  • HedgingYes
  • LimitationsThere is no limit to the number of accounts you can use, from discretionary trading to EA.
    Mirror trading service is not available.
    Please use a dedicated account for mirror trading.
No spread Account
  • Base CurrencyUSD/JPY
  • Number of Lot0.01Lot～
  • Initial Deposit$3,000(300,000JPY)～
  • Leverage1,000 times
    （200x for XPTUSDfx only）
  • Major Currency Spread0.0pip～
  • Transaction feeFree
  • Order TypesLimit Order,At Market, Stop Loss
  • Max Trade Size - In Lots 30Lot ※1
  • Number of positions held of account unit30 (including new limit orders)
  • HedgingYes
  • LimitationsThis account is for discretionary trading only, so EA and mirror trading are not available, and indicators are allowed.
    Not eligible for bonus.

※As for no-spread accounts, we have stopped accepting new applications due to preparations for renewal.

Dedicated Mirror Trading Account
  • Base CurrencyJPY
  • Number of Lot0.01Lot〜
  • Minimum amount requiredMore than 50,000 yen
  • Leverage1,000 times
    （200x for XPTUSD only）
  • Major Currency Spread1.1pip〜
  • Transaction feeFree
  • Order TypesNot available
  • Max Trade Size - In Lots 30Lot

    *Orders that exceed 30 lots per ticket will not be executed.

  • Number of positions held of account unitUnlimited*3

    *May be limited to 30 in the future.

  • Hedging-
  • LimitationsDiscretionary trading is not available as this is a mirror trading account.
    Manual settlement is available. In addition, multiple accounts cannot be opened.
    Please click here for detailed instructions.
    ※Click here.
Demo Account
  • Base CurrencyUSD/JPY
  • Number of Lot0.01Lot～
  • Initial DepositProvides a virtual balance of ＄10,000 or 1,000,000JPY
  • Leverage1,000 times
    （200x for XPTUSD only）
  • Major Currency Spread1.1pip〜
  • Transaction feeFree
  • Order TypesLimit Order, At Market, Stop Loss
  • Max Trade Size - In Lots 100Lot
  • Number of positions held of account unit30 (including new limit orders)
  • HedgingYes
  • LimitationsPractically no limitations.。
wallet account
  • Features of this accountA wallet account is a deposit account that can be used to make an emergency deposit.
    It is a deposit account for deposits (fund transfers) and withdrawals only.
    This account will be granted automatically when you log in for the first time after opening a new account.
    For more details, please click here.

* 1：Orders exceeding 30 lots may not be accepted. Once you have adjusted the quantity to less than 30 lots, it will be automatically released in approximately 20 minutes (it may take longer than the estimated time), so please adjust the quantity and wait.

* 2：Orders of 50 lots or more will not be accepted, and the maximum number of lots held in an account is basically unlimited, but orders exceeding 200 lots may not be accepted.

* 3：Orders exceeding 200 positions may not be accepted.

Instant Account Opening

GEMFOREX has adopted a Quick Account Opening process, which does not require submission of documents such as identification documents upon account opening. By entering only your name and email address from the account opening form, the account opening will be completed in as short as 30 seconds.
* Required documents must be submitted and approved to start trading.

Account Maintenance fee

Account maintenance fee of $15 (\1,500) will be applied for live accounts if there is no trading activity at all for a consecutive 3 months’ long period (90 days) by the time of January 1st, April 1st, and October 1st. However, if there’s no balance in your account, the maintenance fee will not be deducted.

Negative balance protection

In the unlikely event that the balance in your account becomes negative, the system ensures that you don’t end up with a negative balance. In the case you have made a deposit, after the balance is corrected, your initial deposit will be reflected.

・The above mentioned is to be considered as the basic guidance.
Deposits that are not made in US dollars will automatically be converted. GEMFOREX offers free and unlimited Copy trading and automated trading software for you to choose from as many as 1,500 different strategies. All you need to do is open a live account here (All-In-One account), or you can also try the same features with a Demo account.

If you have any questions, please feel free to contact the GEMFOREX Support team.