StocksTrader offers three main account types for trading:
1. Margin Account – Enables trading with leverage. Supports access to over 12,000 instruments, including stocks and CFDs.
2. Cash Account – Allows trading real U.S. stocks with 1:1 leverage. Suitable for portfolio management and long-term investments. The following parameters are available for this account type: My portfolio, Investments, and Available to invest. As for the general term, a cash account is a type of brokerage account that requires all transactions to be paid in full with the available cash in the account at the time of the transaction. In a cash account, you cannot borrow funds to purchase securities, meaning you must have sufficient cash to cover the entire cost of any trades you make. This type of account is generally considered less risky compared to a margin account, as it does not involve borrowing money. Transactions in a cash account are settled on a T+2 basis, meaning that the cash must be available for two business days after the trade date.
3. Investment Savings Account (ISK) – A special account type for clients based in Sweden, offering access to U.S. stocks and ETFs under a tax-efficient scheme. Leverage is also 1:1.
All these accounts come with zero commission.
Please note that the availability of certain account types may depend on the broker’s specific conditions. If you have any questions or need assistance with opening an account, feel free to reach out.