FOREIGN ACCOUNTS (for Non-US citizens and/or residents)

CORPORATE ACCOUNT

DESCRIPTION

For a Foreign Corporate Account, the account ownership falls the name of a non-U.S. incorporated business and managed by its officers or authorized traders.  

CASH ACCOUNT

All securities in a cash account must be paid in full. 

MARGIN ACCOUNT

A margin account allows the investor to borrow money for investing purposes by using the account's existing equity as collateral.  A minimum of $2,000 and a signed Margin Agreement is required.

REQUIRED DOCUMENTS

New Account Form
Corporate Account Agreement
W-8 BEN (each signing officer must complete an individual form)
Certificate of Incorporation
Articles of Incorporation
Copy of unexpired passport for each signing officer listed on the Corporate Account Agreement

OPTIONAL FORMS

Margin Agreement
Options Agreement
Account Transfer Form
Foreign VISA CheckCard Application

NOTES & RESTRICTIONS

Account holder(s) must be at least 18 years of age
Country of Residence stated on the W-8 BEN cannot be abbreviated.  The name of the country must be entirely spelled out. 
Deposits from a Non-US Domestic bank must be completed by wire transfer.
Must have at least 2 authorized officers; otherwise a Corporate Account Agreement stating the authorized signature as the Sole Officer must be completed.