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CapTrader offers a variety of account types to cater to different trading needs. The main account types are:
Private Account: Designed for individual investors, this account allows trading in over 1.4 million securities across more than 150 global exchanges. There are no ongoing account fees, and clients benefit from low and transparent order fees.
Joint Account: This account allows two individuals to trade together, sharing the investment and management responsibilities.
Family Account: Aimed at managing the accounts of family members, this account allows one head of family (HOF) to manage up to 15 sub-accounts for family members.
Company Account: Specifically designed for businesses looking to invest company assets in securities.
Managed Account: For those who prefer to have their portfolio managed by professional traders, this account type offers access to managed investment strategies.
Cash Account: This account type allows investors to trade without leveraging, meaning they can only invest the funds they have deposited.
Margin Account: Suitable for experienced traders, this account allows for leveraged trading, enabling investors to trade beyond their deposited balance.
Opening an account with CapTrader is a straightforward process that involves the following steps:
Visit the CapTrader Website: Navigate to the CapTrader homepage and click on "Open Account."
Choose Account Type: Select the type of account you wish to open (Private, Joint, Family, Company, or Managed Account).
Fill Out Application: Complete the online application form with your personal information, including your email, username, and password.
Upload Required Documents: Provide valid proof of identity (passport, ID card, or driver's license) and proof of address (bank statement or utility bill) directly in the online application.
Initial Deposit: The minimum initial deposit required to activate your account is €2,000 or the equivalent in other currencies. Alternatively, you can transfer securities valued at €2,000.
Account Verification: Once your application and documents are submitted, CapTrader will verify your information. This process typically takes a short period.
Start Trading: After approval, you can log into your client portal and start trading on the CapTrader platforms.
For more detailed information, you can refer to the CapTrader website: CapTrader.