RF Brokerage Account Types

RF offers three types of brokerage accounts to cater to different investor needs:

• Advantage Brokerage Account
• Target Audience: Individuals comfortable making their own investment decisions.
• Minimum Investment Required: $5,000 in cash or securities.
• Account Benefits:
• Discount on trading commissions.
• Free custody of shares and bonds.
• Free depositing of dividends & interest.
• Free digital statements.
• No fee $5,000 line of credit.
• Margin loans.
• Instant trading.
• Priority on all trades.
• Daily market updates.
• Advantage Plus Brokerage Account
• Target Audience: Individuals who lack the time for research and decision-making.
• Minimum Investment Required: $25,000 in cash or securities.
• Account Benefits:
• Lowest trading commissions.
• Free custody of shares and bonds.
• Free depositing of dividends & interest.
• Free digital statements.
• No fee $10,000 line of credit.
• Preferential rates on margin loans.
• Instant trading.
• Priority on all trades.
• Daily market updates.
• Priority access to RF security offerings.
• Investment advice on all publicly traded Bahamian companies.
• Semi-annual portfolio reviews.
• Zero Fee Brokerage Account
• Target Audience: Entry-level investors.
• Minimum Investment Required: $100 in cash or securities; maximum investment is $5,000.
• Account Benefits:
• No annual fee.
• Free custody of shares and bonds.
• Free depositing of dividends & interest.
• Free digital statements.
• Margin loans.
• Instant trading.
• Priority on all trades.

RF Broker Account Opening Process

To open an RF brokerage account, follow these steps:

• Choose Your Account Type: Determine which of the three account types suits your investment style and financial goals.

• Gather Required Information: Be prepared to provide personal information, including:

• Full name.
• Social security number or taxpayer identification number.
• Address and contact information.
• Employment status and annual income.
• Investment objectives and risk tolerance.

• Complete the Application: You can apply online through RF's official website or visit a branch office. The application process is similar to opening a bank account.

• Fund Your Account: Once your application is approved, you will need to fund your account using one of the following methods:

• Transfer funds from another bank or brokerage account.
• Deposit a check.
• Wire transfer.

• Review and Confirm: After funding your account, review your account details and confirm that all information is accurate.

• Start Trading: Once your account is funded, you can begin trading and managing your investments.