Regal Discount Securities Account Type

Regal Discount Securities offers a variety of account types to cater to different trading needs. The primary account types include:

• Brokerage Accounts: These are standard accounts for trading stocks, options, and ETFs.
• Individual or Joint Accounts: Suitable for individual investors or two individuals who wish to share an account.
• Corporate Accounts: Designed for businesses looking to manage their investments.
• Partnership Accounts: For partnerships that require joint management of investment funds.
• Limited Liability Company (LLC) Accounts: Tailored for LLCs to manage their investment activities.
• Trust Accounts: For managing assets held in trust for beneficiaries.
• IRAs (Individual Retirement Accounts): Available in various forms, including Traditional, Roth, SEP, and SIMPLE IRAs.

Each account type has specific requirements and benefits, making it essential for investors to choose the one that best fits their financial goals.

Regal Discount Securities Broker Account Opening Process

Opening an account with Regal Discount Securities is straightforward and can typically be completed within 24-48 hours upon receipt of the required paperwork. Here are the steps involved in the account opening process:

• Complete the Application: Fill out the appropriate account application form based on the account type you wish to open (individual, joint, corporate, etc.).
• Provide Required Information: You will need to provide personal information, including:
• Name, address, and date of birth
• Social Security Number or Individual Tax ID
• Employer's name, address, and phone number
• Beneficiary's Social Security Number and date of birth
• Submit Documentation: Mail the completed and signed account paperwork to:

Regal Discount Securities

Attn: New Accounts

950 Milwaukee Ave., Ste. 102

Glenview, IL 60025

• Funding the Account: There is no minimum to open a standard account, but a minimum of $25,000 equity is required for international accounts. Accounts must be funded within 60 days of opening, or they may be closed.
• Verification Process: After submission, Regal will verify your information, and you will receive confirmation once your account is approved.

For more detailed information, you can visit Regal Discount Securities.