InnovestX Securities Account Type

InnovestX Securities offers several account types to accommodate different trading strategies and investment needs. The available account types include:

• Cash Balance Account:
• A prepaid account where the capital available for trading equals the deposited amount.
• No minimum deposit requirements.
• Allows trading in securities listed on the Stock Exchange of Thailand (SET).
• Cash Account:
• An account with a credit limit for trading on the SET.
• Traders can deposit 20% of the asset's value as collateral and settle the full cost within two days.
• Requires a portfolio or bank account balance exceeding THB 300,000.
• Credit Balance Account:
• A margin account that allows trading Thai securities with leverage using funds provided by the broker.
• Minimum deposit requirement is THB 500,000.
• TFEX Futures Account:
• Designed for trading futures contracts and options on the SET50 index.
• Can be requested after opening one of the basic securities accounts.
• Offshore Account:
• Available for trading international stocks.
• Access granted after opening one of the basic securities accounts.

InnovestX Securities Broker Account Opening Process

To open an account with InnovestX Securities, follow these steps:

• Download the InnovestX App:
• Available on the official website or through app stores.
• Sign Up:
• Click on the "Sign Up" button in the app.
• Agree to the terms of service.
• Enter your email, phone number, and ID card details.
• Verify Your Identity:
• Enter the OTP code received via SMS.
• Verification can be done through SCB Easy (Siam Commercial Bank app) or using the NDID digital identification system.
• Create a PIN Code:
• This PIN will protect your account.
• Link Your Bank Account:
• Connect your personal bank account to the Automatic Transfer System (ATS).
• Access Account Features:
• Once your account is set up, you can manage funds, create reports on trading activity, and receive personalized recommendations based on your investor profile.

By following these steps, you can successfully open an account with InnovestX Securities and begin trading across various markets.

For further details, visit their official website: InnovestX Securities