Zions Direct Account Type

　　Zions Direct offers several types of brokerage accounts to cater to different investment needs and risk tolerances. The main account types include:

• 　　Cash Account: This is a basic account where the investor must pay for all securities in full at the time of purchase. It is suitable for those who prefer to avoid leveraging their investments.

• 　　Margin Account: This account allows investors to borrow funds from the broker to purchase securities, thereby leveraging their investments. This type of account is ideal for more experienced investors willing to take on higher risk for potentially greater returns.

• 　　Roth IRA: A retirement account where contributions are made on an after-tax basis, allowing for tax-free withdrawals in retirement.

• 　　Traditional IRA: A retirement account where contributions are made on a pre-tax basis, meaning withdrawals in retirement are taxable.

• 　　Options Account: This account type allows investors to trade options, which can be more complex and involve higher risks.

  　　

　　

Zions Direct Broker Account Opening Process

　　Opening a brokerage account with Zions Direct involves several straightforward steps:

• 　　Apply Online: Begin the application process by visiting the Zions Direct website. You will need to provide personal information, including your Social Security number, investment experience, risk tolerance, and investment preferences. This process typically takes about 15 to 20 minutes.

• 　　Set Up a Bank Transfer: After your application is approved, you need to set up banking instructions to fund your account. This may require providing physical evidence of your bank account.

• 　　Fund Your Account: Ensure that you have the minimum required cash in your account to place your investment orders.

• 　　Start Investing: Once your funds are transferred, you can begin investing. Utilize the tools and resources available on the Zions Direct platform to make informed investment decisions.

　　For detailed information and assistance during the account opening process, you can contact Zions Direct customer support at 1-800-524-8875.