ActTrader Account Types

ActTrader offers a variety of account types to cater to different trading needs and preferences. Here are the primary account types available:

• Standard Account
• Minimum Deposit: $500
• Leverage: Up to 1:400
• Margin Requirement: 1% or less on most products
• Lot Size:
• 100 shares
• 10,000 currency units
• Trading Instruments: CFDs, ETFs, Forex, Equities, Forwards, Options
• Professional Account
• Minimum Deposit: Varies by broker
• Leverage: Higher leverage options available
• Margin Requirement: Generally lower than standard accounts
• Lot Size: Varies based on the broker's offerings
• Trading Instruments: Similar to standard accounts with more advanced trading tools
• Islamic Account
• Minimum Deposit: $500 (similar to standard account)
• Leverage: Up to 1:400
• Margin Requirement: 1% or less on most products
• Special Features: No swap fees as per Sharia law

ActTrader Broker Account Opening Process

Opening an account with ActTrader is a straightforward process that typically involves the following steps:

• Visit the Broker's Website
• Navigate to the website of the broker offering ActTrader.
• Choose the Account Type
• Select the account type that suits your trading needs (Standard, Professional, or Islamic).
• Fill Out the Registration Form
• Provide personal information including your name, email address, and phone number.
• Verify Your Identity
• Upload necessary documents such as:
• ID or passport
• Proof of address (e.g., utility bill or bank statement)
• Complete a Trading Experience Survey
• Answer questions regarding your trading experience and financial knowledge.
• Fund Your Account
• Deposit the minimum required amount to activate your account.
• Start Trading
• Once your account is verified and funded, you can begin trading on the ActTrader platform.

The entire process can typically be completed within 1 day, depending on the broker's verification speed.