Trustful Account Type

Trustful offers a variety of account types designed to cater to different trading needs and risk appetites. The primary account types include:

• Brokerage Trust Account: Used for funds belonging to clients related to real estate sales transactions. Property management funds cannot be placed in this account.
• Property Management Trust Account: Designed for managing funds related to property management services, allowing for tracking of management commissions and fees.
• Special Trust Account: Established upon mutual agreement for interest-bearing accounts, with specific written agreements detailing trusteeship, interest accrual, and fund disposition.
• Custodial Account: Holds funds that must first be placed in a brokerage or property management trust account before being transferred to the custodial account of the owner.

Trustful Broker Account Opening Process

Opening an account with Trustful is straightforward and can be done online. Heres a step-by-step guide:

• Visit the Trustful Website: Navigate to Trustful Finance.
• Select Account Type: Choose the appropriate account type that fits your trading needs.
• Fill Out Application: Complete the online application form with personal details, including your name, email address, and residency.
• Provide Identification: Submit necessary identification documents, such as a government-issued ID and proof of address.
• Choose Commission Structure: Select between the two commission structures available: Lite or Pro.
• Fund Your Account: Transfer funds from your bank account to your new trading account. Trustful allows various funding methods for your convenience.
• Start Trading: Once your account is funded and activated, you can begin trading across more than 17,000 global markets.

Trustful aims to provide a seamless trading experience with robust support and educational resources for all account holders.