Prime Standard Markets Account Types

At Prime Standard Markets, we offer several types of brokerage accounts to cater to the diverse needs of our clients. The available account types include:

• Individual Account: This account is owned by a single individual and grants them direct access to manage their investments independently.

• Joint Account: A joint brokerage account is shared by two or more individuals, typically spouses or family members who wish to invest together. All account holders have equal access and rights to the account.

• Company Account: Designed for companies engaging in proprietary trading, this account allows businesses to trade using their own capital.

• Trust Account: This account is ideal for trustees managing pooled funds from multiple individuals. Note that this account type is only available to licensed or registered providers.

Prime Standard Markets Broker Account Opening Process

To open a brokerage account with Prime Standard Markets, clients need to follow these steps:

• Determine Account Type: Choose the appropriate account type based on your needs (Individual, Joint, Company, or Trust).

• Gather Required Documents:

• Individual Account: Provide a copy of identification (passport, ID card, or driver's license) and proof of residency (utility bill or bank statement).
• Joint Account: All individuals must submit identification and proof of residency documents.
• Company Account: Required documents include a certificate of incorporation, articles of organization, director list, and proof of residence for directors.
• Trust Account: Similar to the company account, submit a certificate of incorporation, articles of organization, and identification documents for the director(s).

• Submit Documents: All documents must be in English or accompanied by a certified translation.

• Account Application: Complete the online application form on the Prime Standard Markets website.

• Verification: Prime Standard Markets reserves the right to request additional information or certified copies of documents.

• Fund Your Account: Once approved, you can fund your account through various methods, including electronic funds transfer or wire transfer.

By following these steps, you can successfully open a brokerage account and start your investment journey with Prime Standard Markets.