Paradigm Capital Account Types

Paradigm Capital offers various account types tailored to meet the needs of different investors. These include:

• Cash Account: In this account type, investors must pay the full amount for securities purchased. No borrowing is allowed.
• Margin Account: This account allows investors to borrow funds from the brokerage to purchase securities, using the securities in the account as collateral. This increases purchasing power but also exposes investors to higher risks.

Each account type is designed to cater to different investment strategies and risk tolerances, ensuring that clients can choose the option that best fits their financial goals.

Paradigm Capital Broker Account Opening Process

Opening a broker account with Paradigm Capital is a straightforward process that can typically be completed in about 15 minutes. Heres a step-by-step guide:

• Select Account Type: Choose between a cash account and a margin account based on your investment needs and risk tolerance.
• Provide Personal Information: Fill out the application with necessary personal details, including your name, address, Social Security number, and financial information.
• Fund Your Account: After your account is approved, you will need to deposit funds. This can often be done through electronic transfer from your bank account.
• Review and Confirm: Ensure all details are accurate and confirm your account setup. You may also choose how you want to receive statements and confirmations (paper or electronic).

By following these steps, you can efficiently set up your trading account and begin your investment journey with Paradigm Capital.