In the fast-paced world of online trading, setting up your live account efficiently is crucial. Equiity, a leading brokerage platform, simplifies the process with a user-friendly registration system. Let’s walk through the step-by-step guide to opening your live trading account on Equiity.
Step 1: Personal Information
The journey begins on Equiity’s homepage, where the ‘Open Account’ icon signals you to click on it to initiate the process. Now, provide your personal information in the application form as required. It can include basic details like your full name, date of birth, address, email, and phone number.
As part of this setup, you might be prompted to create a unique username and password – your gateway to accessing your account securely. Take your time to ensure accuracy in your details.
Step 2: Questionnaire Part
Once your personal information is in, Equiity cares about your trading journey. Now you must fill out a questionnaire that gauges your past trading experience, knowledge, and investment goals to assess your suitability for trading and understand your risk tolerance level.Â
Don’t rush through this section; provide thoughtful responses to ensure Equiity tailors its services to your needs.
Step 3: Document Verification
As a responsible broker, Equiity ensures the security and legitimacy of its user base; therefore, you’ll be asked to verify your identity and address by submitting certain documents to achieve this. Typically, these include a government-issued ID like a passport or driver’s license and a utility bill or bank statement reflecting your name and address.
Additional documents, such as proof of income or a tax return, may be required in some cases for extra verification for ensuring user protection and safety.Â
Step 4: Deposit
With your identity verified, it’s time to fuel your trading journey. Navigate to the deposit section and choose your preferred payment option. Equiity supports various methods for depositing funds into your account, it should not be less than the minimum deposit of $250.Â
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This seamless process allows you to get started with trading quickly. But if you wish to trade with a broker with less minimum deposit then Vault Markets is the optimum choice.Â
Step 5: Account Activation and Verification
Once you’ve completed the previous steps, Equiity initiates the account activation and verification procedures. This typically takes 1-2 business days. During this period, Equiity ensures that all the provided information is accurate and aligns with regulatory standards.
Upon successful verification, your live trading account is activated, and you’re ready to dive into the exciting world of online trading with Equiity.
Pros of Trading with EquiityÂ
Understand the advantages of trading with Equiity and choose the broker wisely.Â
Underlying AssetsÂ
Equiity stands out with a diverse range of 300+ underlying assets, spanning major financial markets. With the good selection of underlying assets offered by the Equiity broker, traders can enjoy a wide range of opportunities across various asset classes.
Read also: Understanding Inverted Hammer Candlestick
24×5 Professional Customer Support
Equiity’s commitment to customer service is evident in its 24×5 professional support. Traders can access assistance whenever needed, contributing to a seamless trading experience however the platform lacks 24/7 customer support.Â
High Leverage & Tightest Spreads
Traders benefit from high leverage ratios and tight spreads, enhancing their potential for profitability. Equiity’s competitive pricing structure is designed to provide favorable trading conditions allowing you to trade efficiently and effectively.Â
Simple Yet Powerful Trading Platforms
Equiity offers user-friendly yet powerful trading platforms, facilitating a smooth and efficient trading experience. These platforms allow users to navigate it and enjoy a wide range of features for effective trading.Â
No Hidden Fees
Transparency is a hallmark of Equiity, with no hidden fees where traders can confidently engage in transactions without worrying about additional charges.Â
Qualified Support
Equiity’s support team comprises qualified professionals equipped to address traders’ queries and concerns, ensuring that traders receive knowledgeable assistance, contributing to a positive trading environment.
Wide Variety of CFD Assets
Equiity provides various CFD assets, allowing traders to diversify their portfolios.
From commodities and forex to indices, stocks, metals, and cryptocurrencies, the platform caters to diverse trading preferences.
CustomizationÂ
Apart from offering a wide range of account types like Silver, Gold and Platinum, that caters to different requirements of different traders, the option for customization is also available allowing traders to align their accounts with their specific goals.
Trading Terminals
Another perk of trading with Equiity is access to efficient trading terminals that empower traders with the tools they need for effective analysis and decision-making. You can use these terminals to contribute to experience a seamless trading experience.
Cons of Trading with Equiity
Learn the disadvantages of trading with Equiity:
Unavailability of MT4 & MT5 Platforms
One notable drawback is the absence of the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Traders accustomed to these platforms may find Equiity’s alternative platforms an adjustment.
ConclusionÂ
In the world of online trading, Equiity makes setting up your account easy and offers various assets and good customer support. However, keep in mind it doesn’t have 24/7 support, and it doesn’t use the MT4 & MT5 platforms that many traders are used to.Â
Equiity is transparent and gives personalized services, making it a good choice for your trading journey but remember to choose your broker wisely after thorough research and understanding your trading goals. If your goals match with the broker’s offering then you can enjoy your trading experience with Equiity!
