Renta 4 Banco Account Type

Renta 4 Banco offers a single type of online trading account that allows investors to trade in both domestic and foreign markets through its mobile app and web platform. The account supports various instruments, including stocks, ETFs, bonds, derivatives, and CFDs. Key features of the Renta 4 trading account include:

• No Minimum Deposit: There are no minimum deposit requirements for active trading, making it accessible for all investors.
• Multi-Currency Accounts: Clients can open multi-currency accounts in major currencies, enabling trading on international exchanges without currency conversion fees.
• Trading Fees: Fees for trading Spanish stocks start from €2 per order, with varying fees based on trading volumes.
• Investment Solutions: Renta 4 offers ready-made portfolios, allowing investors to start with as little as €10 for certain options, while the minimum investment for fund and stock portfolios is €20,000.

Renta 4 Banco Broker Account Opening Process

Opening an account with Renta 4 Banco is a straightforward process that can be completed online. Here are the steps involved:

• Visit the Website: Go to the Renta 4 Banco official website.
• Account Registration: Click on the "Abre una cuenta" (Open an Account) button. You will need to choose the type of account (individual or joint) and enter your personal details.
• Identity Verification: You will be required to verify your identity. This can be done through video identification via the Renta 4 ID app or by providing necessary documentation in your user account.
• Funding Your Account: Once your account is opened, you can fund it through SEPA bank transfers or worldwide currency transfers.
• Start Trading: After funding, you can begin trading using the Renta 4 mobile app or web platform, where you can access real-time quotes, analytics, and various trading tools.

For more information, visit the official site: Renta 4 Banco