SagaTrade Account Types
SagaTrade offers a variety of account types to cater to different trading needs. The available accounts include:
- Bronze Account: Minimum deposit of €10,000.
- Silver Account: Minimum deposit of €25,000.
- Gold Account: Minimum deposit of €50,000.
- Platinum Account: Minimum deposit of €100,000.
- Diamond Account: Minimum deposit of €250,000.
- Premium Account: Minimum deposit of €500,000.
- VIP Account: Minimum deposit of €1,000,000.
Each account type provides varying features and benefits, allowing traders to choose based on their investment capacity and trading goals. The leverage offered by SagaTrade is capped at 1:100, which is slightly higher than the standard set by EU regulators.
SagaTrade Broker Account Opening Process
Opening an account with SagaTrade involves the following steps:
- Visit the Official Website: Go to SagaTrade's website.
- Select Account Type: Choose the account type that suits your trading needs (e.g., Bronze, Silver, Gold, etc.).
- Fill Out the Application Form: Complete the account opening form with your personal details.
- Submit Identification Documents: Provide the necessary KYC documents for verification.
- Deposit Minimum Amount: Fund your account with the required minimum deposit for your selected account type.
- Start Trading: Once your account is verified and funded, you can begin trading on the platform.
It is important to note that the minimum deposit requirements are significantly high, which may not be suitable for all retail traders.
SAGA accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .