Advantis Broker Account Types

Advantis Broker offers several types of accounts to cater to different investment needs. The primary account types include:

• Cash Account: This account requires you to pay the full amount for securities purchased. You cannot borrow funds to pay for transactions, ensuring that you only invest what you have.

• Margin Account: This account allows you to borrow funds from the brokerage to purchase securities. It offers greater purchasing power but also increases the risk of larger losses.

• Investment Advisory Account: This account typically involves a financial advisor managing your portfolio based on your investment goals and risk tolerance.

Advantis Broker Account Opening Process

Opening an account with Advantis Broker is a straightforward process that involves the following steps:

• Select the Account Type: Decide whether you want a cash account or a margin account based on your investment strategy and risk tolerance.

• Provide Personal Information: You will need to supply personal details such as your name, address, social security number, employment status, annual income, and net worth.

• Complete the Application: Fill out the application form online or in person, ensuring all required information is accurately provided.

• Fund Your Account: After your application is approved, you will need to deposit funds into your account. This can typically be done through electronic transfer from your bank account.

• Start Trading: Once your account is funded, you can begin buying and selling securities according to your investment plan.

For more detailed information, you can visit Advantis Broker.