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KTG offers various types of trading accounts to cater to different trading needs. The primary account types include:
Individual Account: Suitable for individual traders, this account allows users to trade in stocks and futures. Required documents include an identity card or passport, proof of address, and proof of income for margin accounts.
Joint Account: This account can be opened by two or more individuals. The documentation requirements are similar to those of an individual account, with all account holders needing to provide their identification and address proof.
Corporate Account: Designed for businesses, this account requires a certificate of incorporation, business registration certificate, and identification documents for all directors and beneficial owners. Corporate accounts have specific documentation needs, including audited accounts for the past two years.
Margin Account: This account allows traders to borrow funds for trading, increasing their purchasing power. It requires additional documentation to prove income or assets.
Futures Account: Specifically for futures trading, this account requires a separate application and documentation to comply with regulatory standards.
Opening an account with KTG involves a straightforward process. Here are the steps to follow:
Appointment: Call KTG to make an appointment for account opening.
Documentation: Gather the required documents based on the account type:
Visit KTG Office: Bring the documents to KTG's office for submission.
Account Verification: KTG will verify the submitted documents and may request additional information if necessary.
Account Activation: Once approved, the account will be activated, and the client will receive login credentials to access the trading platform.
Deposit Funds: Clients can deposit funds using bank transfers, remittances, or cheque deposits to start trading.
By following these steps, traders can successfully open an account with KTG and begin their trading journey in the Hong Kong financial markets.
Explore broker markets account types: forex/trading accounts with demo access.