CFX Broker Account Types

CFX Broker offers various account types to cater to different trading needs. As an introducing broker for Saxo Bank Denmark, the specific account types and their features are determined by Saxo Bank. Currently, CFX Broker requires a minimum deposit of €2,000 to open an account. The trading accounts allow access to a wide range of financial instruments, including:

• Stocks: More than 19,000 shares on over 36 international stock exchanges.
• CFDs: More than 9,000 CFDs available for trading.
• Futures: Over 200 futures on 23 international futures exchanges.
• Forex: More than 180 currency pairs for forex trading.
• Stock Options: More than 1,000 options in European, American, and APAC markets.
• Contract Options: Over 75 options available.
• ETFs: More than 3,000 ETFs for trading.
• Bonds: More than 5,000 bonds of various types.

CFX Broker Account Opening Process

Opening an account with CFX Broker involves a straightforward process:

• Account Registration: Visit the CFX Broker website and fill out the required account registration form. Ensure to provide accurate information, as this will be used for verification.

• Know Your Customer (KYC): After submitting the form, you will undergo a KYC process. This involves providing identification documents to verify your identity and ensure the safety of your funds.

• Documentation Submission: Send the completed account documents via post to the brokerage. It is important to note that you will not be opening a trading account directly with CFX Broker but with Saxo Bank.

• Initial Deposit: Once your account is created, you will need to fund your trading account with a minimum deposit of €2,000.

• Account Activation: The account activation process generally takes around 24 hours after the deposit is made.

• Trading Access: After your account is activated, you can start trading using the CFX Trader Pro platform, Trader Go Web, or the Trader Go app, compatible with web, iOS, and Android devices.