# How to Create a New Trading Account

## Introduction

From time to time traders need to create a new trading account to test a new strategy or reset their current trading account. A new trading account will have an initial deposit, no orders and no positions, thereby enabling the trader to start anew.

{% hint style="info" %}
Autoshares Web Trader enables traders to own several trading accounts.
{% endhint %}

## Creating a New Trading Account

To create a new trading account, navigate to Autoshares Web Trader. In the header, expand the drop-down menu containing the list of your trading accounts and click **Edit**.

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In the appeared pop-up window, open the Trading Accounts sub-tab and then click **Add Account**.

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This will take you to a new tab where you can configure the new trading account. Select the required account type (Margin, Cash, or Day Trader), specify the initial deposit and then click **Complete**.

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Next, go back to the web terminal and select the newly created trading account in the same drop-down menu.

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Now you can proceed to use the new trading account to open new positions, deposit and withdraw funds, etc.

## Switching the Account in Mobile Apps

After switching trading accounts in Autoshares Web Trader, perform the same operation in the mobile app. Go the **Account** tab and then tap on the number of the current trading account.

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Identify the new trading account and then tap on it.

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