Agora Direct Account Type

Agora Direct offers various types of accounts tailored to meet the needs of different clients. You can choose from individual accounts, joint accounts, or accounts for firms or trading clubs. There are two main types of trading accounts available:

• Cash Account:
• Allows trading in shares, options certificates, bonds, and funds based on the cash you have.
• No minimum deposit is required.
• Available for individuals aged 18 and above.
• Margin Account:
• A multi-currency account that enables trading beyond your cash credit by providing securities or an overdraft.
• Requires a minimum deposit of EUR 2,000 to enable margin trading.
• Allows trading in different currencies without prior exchange, facilitating quick responses to market conditions.

Additionally, there are no monthly minimum turnover requirements or account/deposit fees, making it accessible for all types of investors.

Agora Direct Broker Account Opening Process

Opening an account with Agora Direct is straightforward and can be completed in a few steps:

• Eligibility:
• You must be at least 18 years old to open a trading account. Cash accounts can only be opened once you are 21.
• Required Documents:
• Completed and signed account opening documents.
• Proof of identity (e.g., ID card or passport).
• Proof of current address (e.g., utility bill, not older than 6 months).
• Application Steps:
• Complete the online account opening form with your details.
• Save and print the application along with a checklist of required documents.
• Send the signed documents via post or mail.
• Account Activation:
• Upon receipt of all necessary documents, Agora Direct will open your trading account within one week.
• Depositing Funds:
• No minimum deposit is required to open an account, allowing you to manage it as a savings account or stock portfolio.

For more information, you can visit Agora Direct's account opening page.