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

INDIVIDUAL ACCOUNT

DESCRIPTION

For a Foreign Individual Account, the account ownership falls under one individual who is not a U.S. citizen or resident alien.

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
W-8 BEN
Copy of unexpired passport

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. 
Complete information for Primary Account Holder only.  Otherwise, additional forms will be required.
Deposits from a Non-US Domestic bank must be completed by wire transfer.
For pattern day-trading accounts, please visit our Active Traders section for additional information.