Veles Capital Account Type

Veles Capital offers various types of brokerage accounts tailored to meet the needs of different investors. The account types include:

• Universal +: This account provides exchange transactions with a commission of up to 0.05% for shares and up to 0.034% in the precious metals and currency markets.
• It's Simple: A straightforward account with a fee for exchange transactions with shares, metals, and currencies set at 0.35%, regardless of turnover.
• Stock Advisor: Designed for legal entities, this account charges a commission for exchange transactions of up to 0.45%, which includes consultation fees.
• Stock Advisor: Support: Similar to the Stock Advisor, but includes a monthly maintenance fee of 1% of the asset value, along with a commission of up to 0.45%.
• Stock Advisor: Growth: This account charges a commission of up to 0.45% and deducts 15% of the profit quarterly for the services of an individual investment advisor.
• Expert: This account features a commission for transactions with exchange assets of up to 0.45%, including consultation fees.
• Active: Available for clients with a turnover of at least ₽100 million per month, with a monthly fee of ₽1 million, although the cost of exchange transactions is not specified.

Veles Capital Broker Account Opening Process

To open a brokerage account with Veles Capital, follow these steps:

• Visit the Veles Capital homepage.
• Click on the button labeled "Open a Brokerage Account."
• Select "Register using the State Services website."
• Complete the on-screen instructions by entering your personal and contact details.
• Read and agree to the terms and conditions and any other required policies.
• Click on the "Further" option to finalize your registration.

The minimum initial deposit required to open an account is $0, making it accessible for investors of all levels.