ACML Capital Markets Account Type

ACML Capital Markets offers various types of brokerage accounts to cater to different investor needs. The primary account types include:

• Cash Account: This account allows investors to buy and sell securities using the cash available in the account. It is suitable for those who prefer a straightforward trading approach without borrowing funds.

• Margin Account: This account enables investors to borrow funds from the broker to purchase more securities than they could with just their cash balance. It allows for more advanced trading strategies, including short selling, but comes with additional risks.

• Demat Account: Essential for holding securities in electronic form, a Demat account allows for easy transfer and management of shares, bonds, and mutual funds.

• Sub Broker/Franchise Account: This option is available for individuals looking to operate as sub-brokers under ACML, allowing them to earn commissions on trades executed through their platform.

ACML Capital Markets Broker Account Opening Process

Opening a brokerage account with ACML Capital Markets involves a straightforward process:

• Choose the Account Type: Determine which type of account suits your investment needs—Cash, Margin, or Demat.

• Provide Personal Information: Fill out the application form with required personal details, including:

• Name
• Address
• Contact information
• Social Security Number or Tax Identification Number
• Employment details
• Submit Required Documents: Prepare and submit necessary documents, which may include:
• Proof of identity (e.g., government-issued ID)
• Address proof
• PAN card
• Bank details for funding the account

• Complete KYC Process: The Know Your Customer (KYC) process is mandatory. Ensure all information is accurate and complete to avoid delays.

• Account Verification: After submitting your application, ACML will verify your details. This process may take a few days.

• Fund Your Account: Once your account is approved, you can fund it through electronic transfer or by depositing a check.

• Start Trading: After funding your account, you can begin trading using ACMLs trading platform.

For more information, visit ACML's official website.