Stryk Account Type

Stryk offers various types of accounts tailored to different trading needs and experiences. The primary account types include:

• Retail Client Account: Designed for individual investors, offering access to a variety of financial instruments such as CFDs, forex, and commodities. The maximum leverage for retail clients is typically limited to 1-5 for CFD stocks, 1-20 for CFD indices, and 1-30 for CFD currencies.

• Professional Client Account: For experienced traders who meet specific criteria, such as having a portfolio of €500,000 or more or having worked in the financial sector for at least one year. Professional clients can access higher leverage, with multipliers of up to 1-10 for CFD stocks and 1-100 for CFD currencies.

• Demo Account: A risk-free account for beginners to practice trading strategies without using real money. This account simulates real market conditions and helps users familiarize themselves with the trading platform.

Stryk Broker Account Opening Process

Opening an account with Stryk involves a straightforward process:

• Choose Account Type: Determine which account type suits your trading needs—Retail, Professional, or Demo.

• Registration: Visit the Stryk website and complete the online registration form. You will need to provide personal information, including your name, email address, and phone number.

• Verification: Upload necessary documents for identity verification, such as a government-issued ID and proof of address. For professional clients, additional documentation may be required to prove eligibility.

• Fund Your Account: Once your account is approved, deposit funds using various payment methods, including bank transfers or credit/debit cards.

• Start Trading: After funding your account, you can begin trading by accessing the trading platform and placing your orders.

By following these steps, you can efficiently set up your Stryk trading account and start your trading journey.