Theo Account Type

　　Theo offers two types of trading accounts to cater to different trading needs:

• Standard Account:
• Pricing: Markup of 1 pip added to the raw inter-bank rate.
• Commission: None.
• Leverage: Up to 1:300.
• Best for: Casual traders who prefer no commission and a simple fee structure.
• Raw Spread Account:
• Pricing: Raw inter-bank spreads from liquidity providers.
• Commission: $7 per standard lot round turn.
• Leverage: Up to 1:300.
• Best for: Experienced or high-volume traders looking for narrow spreads, despite the commission.

　　Both accounts offer fast order execution and deep liquidity, allowing traders to choose based on their trading volume and preference for fee structure.

　　

Theo Broker Account Opening Process

　　Opening an account with Theo is a straightforward and completely digital process. Here are the steps to follow:

• Prepare Required Information:
• Your social security number.
• Your employer's name and address (if applicable).
• Your bank account and routing numbers.
• Account Setup:
• Click on the link provided to access the Theo account opening page.
• Choose the type of account you wish to open (Standard or Raw Spread).
• Fill out the appropriate application for the selected account type.
• Complete your investment profile.
• Funding Your Account:
• Fund your account with the minimum required deposit, which varies based on the account type.
• For the Standard Account, the minimum deposit requirement is not specified, while the Raw Spread Account may have specific funding criteria.
• Confirmation:
• Once your account is opened and funded, you may need to wait for confirmation from Theo, which can take up to a week.

　　By following these steps, you can successfully open an account with Theo and start trading.