EMM Account Type

EMM offers various types of trading accounts for clients, including Cash Accounts and Margin Accounts.

• Cash Accounts:
• No money is leveraged.
• Requires full payment for each security purchase.
• Typically has a three-day settlement period following each trade.
• Some asset types may be limited.
• Margin Accounts:
• Allows clients to borrow money from the broker to invest.
• Can buy a larger number of shares than in a cash account.
• Interest is paid on any amount used over the account's equity balance.
• Same-day settlement is allowed.

EMM Broker Account Opening Process

To open a trading account with EMM, follow these steps:

• Sign Up:
• Visit the EMM website or download the mobile app.
• Complete the online application form with personal information.
• Provide Documentation:
• Submit identification documents such as a government-issued ID and tax information.
• Account Verification:
• EMM will review your application and may contact you for additional information.
• This process typically takes a few hours.
• Fund Your Account:
• Transfer funds from your bank account to your EMM trading account.
• You can link your bank account or use wire transfer options.
• Start Trading:
• Once your account is funded, you can begin trading by selecting the securities you wish to invest in.

By following these steps, you can successfully open an account with EMM and start your trading journey.