BSL Account Type

　　Business Securities Limited (BSL) offers various account types to cater to different trading needs. The primary account types include:

• 　　Cash Account: This account requires traders to pay for their securities in full at the time of purchase. It is suitable for those who prefer to manage their investments without borrowing funds.

• 　　Margin Account: This account allows traders to borrow funds from BSL to purchase more securities than they could with just their cash balance. This type of account is beneficial for experienced traders looking to leverage their investments.

• 　　Portfolio Margin Account: To upgrade to this account type, clients must be approved for options trading and maintain a net liquidation value of at least USD 110,000. This account provides more flexibility in margin requirements compared to standard margin accounts.

  　　

　　

BSL Broker Account Opening Process

　　Opening an account with Business Securities Limited (BSL) involves several straightforward steps:

• 　　Phone Verification: Enter your phone number, including the Hong Kong country code (+852). You will receive a verification code via SMS.

• 　　Verification Code: Input the verification code received on your phone.

• 　　Submission: After entering the verification code, click on the “submit” button.

• 　　Prepare Required Documents: Gather the following documents for the account opening process:

• Identity Card: Ensure you have a valid resident identity card (within its expiration date).
• Address Proof: Prepare a document that includes your name and detailed address information as proof of residence.
• Contact Customer Service: If you have any questions or need assistance during the account opening process, you can contact the customer service team at +852 2866 8888.

　　Please note that specific requirements and procedures for opening an account may vary, so it is advisable to verify the latest information directly with BSL or visit their website for guidance.