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Getting Started | Trader Service |

Account Types

Dear Trader,

Please note that all the relevant documentation for the opening of a live account can be found by applying here.

You can open the following type of accounts with us:

1. Individual Account

   You can open three different types of individual accounts.
   
   

   1. Standard Individual Account

   2. Joint Account

   3. Trust Account
      
      

2. Partnership Account (including a Limited Liability Company or Limited Liability Partnership)
   
   

3. Corporate Account

An Overview of the Application Process

After filling out an application and submitting the information you will need to do the following:

	Prepare an Initial Deposit A minimum initial deposit of at least $2500 for a standard self directed account and $250 for a mini account,  and $20,000 for managed accounts is necessary to open an account.
	Download and install the trading software on your computer.
	Receive Notification of the status of your account Within 7 business days from the time that we receive complete documents and funds, live IDs are emailed to new clients.

Important Information About Procedures for Opening a New Account.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

If you have any questions please contact us.

© Copyright Frannor Trading 102 (Pty) Ltd 2002