Foresight Unlimited Account Type

Foresight Unlimited offers a fully automated trading platform that provides various investment services. However, the specific types of accounts available are not clearly defined in the provided information. Generally, trading platforms may offer cash accounts and margin accounts. In a cash account, you must pay the full amount for securities purchased, whereas a margin account allows you to borrow funds from the broker to buy securities, increasing your purchasing power but also your risk.

Foresight Unlimited Broker Account Opening Process

Opening an account with Foresight Unlimited involves several steps:

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

• Provide Personal Information: You will need to submit personal details such as your name, address, social security number (or taxpayer identification number), and employment status.

• Application Submission: Complete the online application form provided on their website. You may need to sign additional forms if you are requesting margin privileges.

• Funding Your Account: After your application is approved, you can fund your account via electronic transfer from a bank account, wire transfer, or by mailing a check.

• Start Trading: Once your account is funded, you can begin trading and investing in various assets offered by Foresight Unlimited.

Please note that Foresight Unlimited has been flagged as a potentially risky broker with no valid regulatory information, so it is crucial to be aware of the risks involved before proceeding.