Definition of 'Brokerage Account'
An arrangement between an investor and a licensed brokerage firm that allows the investor to deposit funds with the firm and place investment orders through the brokerage, which then carries out the transactions on the investor's behalf. The investor owns the assets contained in the brokerage account and must usually claim as income any capital gains he or she incurs from the account.
'Brokerage Account' There are several different types of brokerage accounts and brokerage firms; investors are able to choose the type of brokerage account and broker that best suits their financial requirements. Some full-service brokers provide extensive investment advice, charging high fees for their efforts, while most online brokers simply provide a secure interface through which investors can place trade orders and, therefore, charge relatively low fees for their services. Brokerage accounts can also differ in terms of order execution speed, analysis tools used, scope of tradable assets, and the extent to which investors can trade on margin.
Non-U.S. Residents and interested in Global Trading?Apply for a U.S. Brokerage Account
U.S. Brokerage account allows you to trade U.S. Equities, U.S. Options, ETFs, ADRs, U.S. Bonds and Fixed income. Applying for a U.S. Brokerage account is simple and straightforward. It will take you 10-15 minutes to complete the PDF form.
U.S. Brokerage account allows you to trade U.S. Equities, U.S. Options, ETFs, ADRs, U.S. Bonds and Fixed income. Applying for a U.S. Brokerage account is simple and straightforward. It will take you 10-15 minutes to complete the PDF form.
It is very easy to open an account and start trading:
- Select your country of residence
- Download the application form and W8-BEN form
- Prepare what you need to hand to be able tocomplete the two forms (application and W8-BEN)
- Prepare the documentary evidence required
- Send the two forms (application and W8-BEN) via post with the documentary evidence required
- Your application will be processed and you will receive your log in details in the post
- Fund your account
That`s all !! Happy trading!