EuTradex Account Type

　　EuTradex offers various types of trading accounts designed to cater to different trading needs and preferences. The specific account types available include:

• Agent Account: This account is used for trades entered on behalf of clients. All trades are recorded in the agent accounts (A1 to A9) and are kept on a gross basis.
• Proprietary Accounts (P1/P2): These accounts are available for trades made for the participant's own account, offering full discretion in managing positions.
• Market Maker Accounts (M1/M2): These accounts are utilized for trades made for the participant's own account, with quotes automatically booked on the M1 account and kept on a net basis.

　　Each account type serves distinct purposes, allowing traders to choose based on their trading strategies and requirements.

　　

EuTradex Broker Account Opening Process

　　Opening an account with EuTradex involves several steps to ensure compliance and proper account setup:

• Choose Account Type: Decide on the appropriate account type based on your trading needs (Agent, Proprietary, or Market Maker).
• Complete Application: Fill out the application form with required personal details, including identification and financial information.
• Verification: Submit necessary documents for identity verification as part of the KYC (Know Your Customer) process.
• Funding the Account: Once approved, fund your account by transferring money from your bank or other financial institutions.
• Start Trading: After the account is funded, you can start trading using the platform provided by EuTradex.

　　Each step is crucial for ensuring a smooth account setup and compliance with regulatory requirements.