Sophie Capital Account Type

Sophie Capital offers two main types of trading accounts for its clients:

• Standard Account: This account is designed for new traders or those who trade in smaller volumes. Specific details regarding the minimum deposit and trading conditions are not provided, which raises concerns about transparency.

• Professional Account: This account is aimed at experienced traders and requires a minimum deposit of $500. It allows for larger trading volumes, with the capability to trade up to 1000 lots. However, further details about spreads, commissions, and other trading conditions are unclear.

Sophie Capital Broker Account Opening Process

Opening an account with Sophie Capital involves the following steps:

• Visit the Website: Navigate to the official Sophie Capital website (http://tha-sc.com/) to begin the account registration process.

• Fill Out the Registration Form: Provide the necessary personal information, which typically includes your name, address, contact details, and financial information.

• Account Verification: After submitting the registration form, you may need to verify your identity by providing additional documentation. However, information regarding the specific requirements for verification is not clearly stated.

• Deposit Funds: Once your account is approved, you will be required to fund your account. The minimum deposit for a Professional Account is $500, but details regarding the Standard Account's minimum deposit are not specified.

• Start Trading: After funding your account, you can begin trading. However, it is important to note that there is no demo account available for practice, which may limit the ability to familiarize yourself with the trading platform before committing real funds.

Please exercise caution, as Sophie Capital has been flagged as an unregulated broker with numerous complaints regarding withdrawal issues and lack of transparency.