Required Minimums

TO OPEN AN ACCOUNT

The following minimums are required to open an account :

Category Required Deposit
Individual Accounts (unless listed below) USD 3,000 (or non-USD equivalent)
Trading Group Masters USD 10,000 (or non-USD equivalent)
Broker Masters USD 10,000 (or non-USD equivalent)
IRAs  USD 5,000 (or non-USD equivalent)
Advisor and Broker Clients USD 5,000 (or non-USD equivalent)

Notes:

  1. To Trade a margin account you must maintain at least USD 2,000 or non-USD equivalent. For details on margin requirements, see the Margin page.
  2. Accounts that show no balance will be closed. To reactivate an account that has been closed for having no balance, a new account deposit of USD 3,000 or non-USD equivalent is required

MONTHLY ACCOUNT MINIMUMS FOR CLIENTS USING AMID PRO & WEB

The following are monthly account minimums:

The minimum as stated below in any given month will be assessed the difference as a monthly activity fee (Activity Fee = Minimum Required Monthly Commission – Actual Monthly Commission). Please note that the monthly activity fee is based on commissions only, and does not include fees related to third-party assessments such as market data subscriptions or order modification/cancellation fees.

In addition to monthly fee minimums, we pass through market data fees from the exchanges for any real-time market data service in which a client subscribes. Clients choosing to subscribe to US non-professional real-time market data will have the USD 10 (or non-USD equivalent).


Account Structure Monthly Activity Fee 1
Single Accounts, Individuals and Small Businesses There are no monthly account minimums at this time.
Monthly commissions are equal to at least USD 5.
If monthly commissions are less than USD 5,
Standard Activity Fee= USD 5 – commissions.
Example:
Monthly commissions = USD 6
Standard Activity Fee = USD 5 – USD 4
Standard Activity Fee = USD 1
Brokers Monthly Activity Fee = 0 if
Consolidated monthly commissions are equal to at least USD 2,000.
If monthly commissions are less than USD 2,000,
Activity Fee = USD 2,000 – commissions.
*We require an initial deposit of 10,000 USD to be applied against your first five months’ minimum commissions. At the end of the five month period, your total commissions are subtracted from the 10,000 deposit to reach the required commission’s minimum.
Example: Your total commissions over the first five months = USD 6,400. Minimum commissions required for months 1 – 5 are:
10,000 – 6,400 = USD 3,600

RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in trading financial instruments can be substantial, and you should carefully consider the inherent risks of such an investment in light of your financial condition. Day trading on margin or short selling may result in losses beyond your initial investment. Options trading is highly speculative and contains a high degree of risk and is not suitable for all investors.