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Equitrade Capital offers several types of accounts to cater to different investor needs. The main account types include:
Personal Account: Designed for individuals looking to invest part of their savings in financial markets. This account allows for both long-term and short-term investment strategies.
Joint Account: Ideal for partners wishing to trade together, this account can be opened in joint names for up to four individuals.
Corporate Account: Tailored for corporate clients, this account provides a complete trading solution with access to a wide range of markets and dedicated support.
The minimum deposit for these accounts has not been disclosed on their website.
Opening an account with Equitrade Capital involves a straightforward process:
Selection of Account Type: Choose the type of account (Personal, Joint, or Corporate) that best suits your investment goals.
Application Submission: Complete the application form with your personal information, including your name, address, date of birth, and contact details.
Verification: Provide necessary documentation for identity verification, which may include identification and proof of address.
Funding Your Account: After the application is approved, you will need to fund your account. The specific funding methods are not detailed on the website, but typically involve linking a bank account for electronic transfers.
Start Trading: Once your account is funded, you can begin trading on the Equitrade Capital platform.
It is important to note that leverage-related information is not displayed on Equitrade Capital's website, so it is unclear whether leverage can be applied when trading with this broker.
Explore broker markets account types: forex/trading accounts with demo access.