What is a Brokerage Account?
A brokerage account is an arrangement between an investor and a licensed
brokerage firm that allows the investor to deposit funds with the firm and
place investment orders through the broker. The broker carries out the
transaction on the investor’s behalf and places the securities in the investor's brokerage account.
These accounts allow the
investor to purchase stocks, bonds, mutual funds, term deposits and other
securities. FG Capital Markets offers competitive brokerage account
fees and trade commissions, prompt and efficient trade execution services and
expert analysis and advice on locally traded companies and offerings.
Advantages of a Brokerage Account
By opening a brokerage account with FG Capital Markets, you will be
taking advantage of the following features and benefits:
Swift and smooth completion of trades
Access to securities that would ordinarily be restricted
Maintainance of all of your securities in one place
Easy and centralized collection of dividends and interest
Clear and comprehensive quarterly statements of your account
Professional advice on securities trading
Online access to your account 24hrs a day
A brokerage account also allows you to use your securities as collateral to
borrow from FG Capital (Margin Loans). These funds can then be used to buy more investments or
meet other personal needs. Our margin loans come with hassle free processing,
competitive fees and flexible repayment terms.
Brokerage Account Opening Procedures
Complete the attached form and submit it to our office at the Corporate Centre, East Bay and Shirley Streets, along with a valid passport or
driver’s license, National Insurance card and address verification (either a
voter’s card or utility bill showing your street address).
Brokerage Account Application – Individual (pdf)
Complete the attached form and submit it to our office at the Family Guardian
Corporate Centre, East Bay and Shirley Streets, along with valid passports,
voter's cards or utility bills per signatory, officer, director and beneficial
owner, Corporate Mandate, certified copies of the Memorandum and Articles of
Association, Certificate of Incorporation, Latest Annual Return, Secretary’s
Certification of Officers and Directors and Certificate of Good Standing.
Brokerage Account Application – Corporate (pdf)