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OTT broker Accounts

  

OTT Account Types

  OTT offers a variety of brokerage accounts to cater to different investor needs. The types of accounts available include:

  • Personal Accounts:
    • Individual Account: Designed for single account holders, offering flexibility for deposits and withdrawals.
    • Joint Account: Suitable for multiple account holders, providing similar features to individual accounts.
    • RRSP (Registered Retirement Savings Plan): Specifically for retirement savings, contributions may be tax-deductible.
    • Spousal RRSP: Allows couples to create tax efficiency in retirement savings.
    • TFSA (Tax-Free Savings Account): Suitable for saving for short- or long-term goals with tax-free withdrawals.
    • Non-Personal Accounts:
      • Corporate Account: Tailored for business entities to manage their assets.
      • Trust Account: Used when securities are registered in the name of a trust, managed by a trustee on behalf of beneficiaries.

        OTT allows trading in 23 types of foreign currencies and offers six order types: market, limit, stop, stop-limit, trailing stop, and trailing stop limit.

        

      OTT Broker Account Opening Process

        To open an account with OTT, follow these steps:

      • Visit the Official Website: Go to OTT's official website and navigate to the account registration section.
      • Contact Information: Fill out your contact information or call their customer service at +1 416-499-2258 to discuss account options.
      • Provide Required Documents: Prepare and submit necessary documents, including identification and proof of address.
      • Sign the Contract: Review and sign the account agreement.
      • Account Verification: Wait for verification of your application; this process may take a few hours.
      • Fund Your Account: Once verified, deposit funds into your account through available methods such as wire transfer or electronic funds transfer.
      •   Follow these steps to successfully open your brokerage account with OTT and start trading.

OTT accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
OTT Account