Kiyo Account Type

Kiyo offers various types of trading accounts to cater to different trader needs. The main account types are:

• Standard Account:
• Allows trading with standard lots, typically worth $100,000.
• Suitable for experienced traders with adequate capital.
• Requires a minimum balance of at least $2,000.
• Mini Account:
• Trades in mini lots, each worth $10,000.
• Ideal for beginners or risk-averse traders.
• Can be opened with a minimum deposit of $250 to $500.
• Managed Account:
• For those who prefer a professional manager to handle trades.
• Requires a minimum investment of $2,000 for pooled accounts and $10,000 for individual accounts.
• Comes with management fees.
• Micro Account:
• Trades in micro lots of $1,000.
• Suitable for beginners with very limited capital, can be opened with as little as $25.

Kiyo Broker Account Opening Process

Opening an account with Kiyo involves several steps:

• Choose Account Type:
• Decide which account type (Standard, Mini, Managed, or Micro) best suits your trading style and capital.
• Complete Application:
• Fill out the online application form. You will need to provide personal information, such as your name, address, and identification.
• Submit Required Documents:
• Provide necessary documents for identity verification, such as a government-issued ID and proof of address.
• Fund Your Account:
• After approval, deposit the required minimum balance for the selected account type to activate your trading account.
• Start Trading:
• Once your account is funded, you can begin trading various financial instruments offered by Kiyo.

For more detailed information, visit Kiyo's official site.