AGG Account Type

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

• 　　Cash Account: This account allows you to purchase investments using the cash available in your account. You can only buy securities with the funds you have deposited.

• 　　Margin Account: A margin account enables you to borrow funds from the broker to purchase additional securities. This type of account allows for greater buying power but comes with increased risk due to the potential for margin calls if the value of your investments declines.

• 　　Portfolio Margin Account: This account type is designed for more experienced investors who engage in options trading. It requires a minimum net liquidation value of at least USD 110,000 and offers more flexible margin requirements compared to standard margin accounts.

  　　

　　

AGG Broker Account Opening Process

　　Opening a brokerage account with AGG involves a straightforward process that can typically be completed in a few steps:

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

• 　　Complete Application: Fill out the online application form, providing necessary personal information such as your name, address, social security number, and employment details.

• 　　Eligibility Requirements: For margin and portfolio margin accounts, ensure you meet the eligibility requirements, including any minimum balance requirements.

• 　　Submit Documentation: You may need to provide identification and financial information to verify your identity and financial status.

• 　　Fund Your Account: Once your application is approved, you can fund your account through electronic transfer from your bank account or by mailing a check.

• 　　Trading Permissions: If you are upgrading to a margin account, select the trading permissions you wish to enable during the setup process.

• 　　Confirmation: After funding your account, you will receive confirmation of your account setup, and you can begin trading.

　　For more detailed instructions and specific eligibility criteria, you can visit the AGG website.