Jasper Account Type

Jasper offers several account types tailored to meet the needs of different investors. The primary account types include:

• Cash Account
• A basic account type allowing you to trade using your deposited funds without the ability to borrow.
• Ideal for beginners who want to manage their investments without leverage.
• Margin Account
• Allows you to borrow funds to trade, providing greater purchasing power.
• Requires meeting specific eligibility criteria before upgrading from a cash account.
• Portfolio Margin Account
• For advanced traders who can take on more risk, this account type allows for greater flexibility in margin requirements.
• Requires approval to trade options and a minimum net liquidation value of USD 110,000.

Each account type has its own set of features, such as leverage options, margin calls, and trading permissions, catering to the varying needs of investors.

Jasper Broker Account Opening Process

Opening an account with Jasper is a straightforward process that can be completed in just a few steps:

• Visit the Jasper Website
• Navigate to the official Jasper website to access the account registration page.
• Select Account Type
• Choose the type of account you wish to open (Cash, Margin, or Portfolio Margin).
• Provide Basic Information
• Enter your personal details, including your name, address, and contact information.
• Verify Identity and Address
• Submit necessary documents such as a valid passport or drivers license, proof of address, and tax identification number.
• Add an Investing Entity
• If applicable, include details about your investment entity (company, trust, or partnership).
• Link a Bank Account
• Provide information about your bank account to facilitate fund transfers.
• Review Notifications
• Check the notifications tab on your dashboard to track the status of your account setup.

By following these steps, you can quickly set up your Jasper account and start exploring investment opportunities.