Equity CFDs Account Type

Equity CFDs offers multiple account types designed to cater to different trading needs and preferences. The account types are typically differentiated by their features, fees, spreads, and the level of service provided. Below are the main types of accounts available:

• Basic Account
• Minimum Deposit: $250
• Features: Limited access to features, only one free withdrawal per month, standard spreads.
• Market Reviews: None provided for this account type.
• Professional Account
• Minimum Deposit: $25,000
• Features: Enhanced features compared to the Basic Account, includes one free monthly withdrawal and monthly market reviews.
• Spreads: Cheaper by 10% compared to the Basic Account.
• Higher Account Types
• Minimum Deposit: $250,000
• Features: Increased frequency of free withdrawals, daily market reviews, and additional benefits.
• Spreads: Further reduced compared to the Professional Account.

Equity CFDs Broker Account Opening Process

Opening an account with Equity CFDs involves a straightforward process, akin to that of opening a bank account. Here are the steps to follow:

• Choose Your Account Type: Decide which account type suits your trading needs (Basic, Professional, or Higher Account).

• Complete the Application Form: Visit the Equity CFDs website and fill out the application form with your personal details.

• Provide Required Documentation: Submit the necessary documents for verification, including:

• A certified copy of your passport or ID.
• A certified proof of address (e.g., utility bill).
• Proof of banking details (recent bank statement).
• Proof of income tax number (if applicable).

• Account Processing: Once your application and documents are submitted, the broker will process your account.

• Receive Trading Account Number: After approval, you will receive your trading account number.

• Deposit Funds: Transfer funds into your new trading account using the broker's provided banking details, ensuring to use your trading account number as a reference for the transfer.

• Start Trading: With your account funded, you are ready to begin trading CFDs.