Types of Securities Trading Accounts
Cash Account
- Customers are required to deposit at least 20% of the intended investment value as collateral, eliminating the need to deposit the full investment amount.
- The broker sets a trading limit based on the customer’s payment ability and financial status. Transactions are limited to this set threshold.
- Payment for securities is deducted from the bank account two working days after the transaction date, using the Automatic Transfer System (ATS).
Cash Balance Account
- This account requiring customers to deposit 100% of the investment amount in advance as collateral.
- Deposited collateral earns interest from the company.
Credit Balance Account
- Ideal for investors seeking to enhance their purchasing power, this account allows borrowing funds from the company.
- Investors must provide funds or securities as collateral, which is used to calculate their available purchasing power.
- Payments are managed automatically: the customer’s available cash is used first, and the company will lend the balance if there is insufficient purchasing power.