Getting started with EasyEquities
Are you a new investor considering opening a brokerage account at EasyEquities but don't know how to do it? Are you wondering how long the process takes and how difficult it is?
Opening a brokerage account can seem daunting. Unfortunately, account opening is indeed not a great experience at EasyEquities, so if that keeps you from getting started, check some more user-friendly alternatives.
Together with my brokerage analyst colleagues, I have thoroughly tested the services of EasyEquities by opening a real-money account. Here’s what you need to know about account opening if you want to start investing with EasyEquities:
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Account opening at EasyEquities is fully online and takes >3 days.
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You will need to prove your identity and residency with documents.
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Choose an account type that suits your needs.
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You can choose from multiple base currencies.
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The minimum deposit at EasyEquities is $0.
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Browse the best brokers for beginners for some great alternatives.
Before we start, let's check if EasyEquities is available in your country:
Account opening at EasyEquities vs other competitors
Account opening at EasyEquities is fully online, meaning you can do it from the comfort of your chair. In fact, you don't even need a chair: you can simply do it on the go on your mobile phone.
See how we rated the account opening experience and how long it takes to get started at EasyEquities compared with its main competitors:
Account opening score
|
3.8 stars | 5.0 stars | 3.1 stars |
---|---|---|---|
Account opening fully online
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Yes | Yes | Yes |
Time to open account
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>3 days | 1 day | 1-3 days |
Opening an account is always free of charge, but the time it takes differs from broker to broker. At some brokers, it's as quick as signing up for a new Gmail account. At others, it might take a couple of days as they run a background check on your data. At EasyEquities, it usually takes >3 days to have your account up and running.
Navigating the complexities of trading can be challenging. If you're a new investor, you'll need a broker with a user-friendly trading interface and robust educational materials. So where to find such brokers? Start with our toplist of brokers we rated as good for beginners.
How to get a verified trading account at EasyEquities?
First, you need to go to EasyEquities's website and fill a registration form to apply for an account. It takes the broker a bit of time to review and verify your application - usually >3 days - after which you can make your first deposit and start trading.

Opening a brokerage account is not unlike opening a bank account. As you go through the steps, you’ll find that it is a simple and familiar process. Once your brokerage account is set up, you’ll find that the experience is similar to what you get with a bank account that you use for savings and transactions. See, it’s just another way of managing your money!
The sign-up procedure is usually self-evident; just follow the instructions carefully. Here's what awaits you at EasyEquities:
Account opening at EasyEquities is easy and fully online. However, it took more than a week before our account was approved.
When you open an account with EasyEquities, you must follow these steps:
- Choose your country of citizenship and residence.
- Select the account type.
- Add some personal information (e.g. date of birth).
- Enter your residence address.
- Answer a few questions about your wealth and employment status.
- Verify your identity by uploading your passport, national ID or driver's license. You need to also provide proof of residency, such as a bank statement.
During the verification process, we encountered a few minor issues. For example, you can upload only PNG files but not PDFs. Also, any documents you upload must be in color; black and white copies are not accepted.

The following steps are typical toward the end of the application process or after verifying your identity:
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You'll have to fill out a trading experience survey. It might seem scary at first, but it is nothing to worry about. This is standard procedure, as brokers need to make sure that you have some basic financial knowledge and are aware of the risks of trading.
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Next, you'll have to choose an account type and a base currency.
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As a final step, you'll need to fund your account before you can start trading.
Which EasyEquities account to choose?
Brokers usually provide multiple account types. When choosing an account, consider how experienced you are in trading, and pick an account that suits your needs. Some factors to take into account: your investment goals, risk tolerance, trading frequency, and any associated fees or account balance minimums.
If you're a beginner, we recommend selecting the most basic account offered by the broker, which is the standard account.
The above apply to retail accounts opened by private individuals. If you're looking to open a brokerage account for your company, see our overview of whether you can open a business investment account at EasyEquities and under what conditions.
Alternatively, find out more about EasyEquities's specific account types in our comprehensive EasyEquities review for 2025.
Which base currency should you choose?
At EasyEquities, you can choose from the following base currencies: USD, ZAR, AUD,GBP,EUR. If possible, try to deposit money to your brokerage account in your account's base currency. Better yet, choose a base currency in the first place that you plan to most often use for depositing.
Why is all this important? If you fund your trading account in the same currency as your bank account, you won't have to pay a conversion fee. Conversion fees apply if:
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You make a deposit in a different currency than the currency of your brokerage account.
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You trade assets denominated in a different currency than your brokerage account's base currency.
A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank.
Fund your account and start trading at EasyEquities
Once you have filled out the registration form, uploaded your documents, finished the trading survey and selected your account type and base currency, EasyEquities will verify your account shortly. After successful verification, you need to fund your account to be able to begin trading.

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Choose your funding method.
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Enter the amount to be deposited and other necessary details for the transaction.
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Double-check if payment details are correct.
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If all looks OK, click to submit your deposit request.
At EasyEquities, the minimum deposit is $0. This means that you can deposit as little money as you wish.
Brokers that don't require a minimum deposit do so to encourage people to try their services without requiring a large initial commitment. Many brokers no longer require a minimum deposit nowadays; so if you want to compare EasyEquities and its rivals along other criteria, you can do so using our broker comparison tool.
At EasyEquities, you have multiple funding methods to choose from when you want to deposit money to your account. Check these options in the following table; and choose the one that's most convenient for you.
Broker | Minimum deposit | Bank transfer |
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EasyEquities | $0 | |
Saxo | $0 | |
Interactive Brokers | $0 |
After successfully funding your account, you're all set to start trading.
To explore EasyEquities’s top competitors, head over to our top list of the best brokers for beginners, whose low fees and user-friendly features benefit new investors like you.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.