Kaiju Account Types

Kaiju offers various types of brokerage accounts tailored to different investor needs. The primary account types include:

• Standard Account: This is the most common type, allowing investors to trade a wide range of securities without high initial capital requirements. Typically, a minimum deposit of $2,000 is required to open this account.

• Mini Account: Designed for beginners or risk-averse traders, this account allows trading in smaller increments, starting from $250. It provides a lower risk exposure while still allowing access to the forex market.

• Managed Account: In this account type, a professional portfolio manager makes trading decisions on behalf of the investor. A minimum investment of $2,000 is typically required for pooled funds.

• Portfolio Margin Account: For advanced traders with a minimum of $100,000, this account type offers enhanced leverage and risk-based margin calculations, allowing for greater trading flexibility.

Kaiju Broker Account Opening Process

Opening a brokerage account with Kaiju involves a straightforward process:

• Choose Account Type: Determine which account type suits your trading style and capital. Consider factors such as risk tolerance and investment goals.

• Provide Personal Information: Fill out an application form with your personal details, including your name, address, Social Security number, and bank account information.

• Submit Identification: You may need to provide a government-issued ID and proof of income or assets, depending on the account type.

• Funding the Account: After your application is approved, fund your account through electronic transfer or check. The minimum deposit varies by account type.

• Start Trading: Once your account is funded, you can begin trading. Kaiju also offers simulated trading options for practice before committing real funds.

For more detailed information on account types and the opening process, please visit Kaiju's official website.