Augur Capital Account Type

Augur Capital offers various types of accounts to cater to different trading needs. The primary account types include:

• Cash Account: This account type requires you to pay the full amount for securities purchased. You cannot borrow funds to make purchases.
• Margin Account: With a margin account, you can borrow funds from the brokerage to purchase securities. This account allows for greater purchasing power but comes with increased risk due to the potential for margin calls.
• Full License Accounts: Augur Capital provides accounts with full licenses for trading on platforms like MetaTrader 4 and 5, allowing for a more comprehensive trading experience.

Augur Capital Broker Account Opening Process

Opening a broker account with Augur Capital involves a straightforward process:

• Select Account Type: Determine whether you want a cash account or a margin account based on your trading goals and risk tolerance.
• Complete Application: Fill out the new account application online. You will need to provide personal information, including your name, address, social security number, and employment details.
• Submit Identification: You may be required to submit identification documents such as a drivers license or passport.
• Fund Your Account: After your account is approved, you can fund it using various methods, such as electronic funds transfer (EFT), wire transfer, or checks. Ensure you meet any minimum funding requirements.
• Start Trading: Once your account is funded, you can begin trading on the Augur Capital platform.

For more details, visit Augur Capital.