New Account Form Walkthrough
The New Account Form can be a little confusing. This is a brief explanation of each field in the form in case you have any trouble.
You are also welcome to contact us directly at firstname.lastname@example.org to speak to one of our representatives if you need further assistance.
- Account Type
- Customer Type
- Account Information
- Suitability Information
- Investment Profile
- Additional Account Information
|CASH||Recommended for first-time investors. This is the most basic method of trading in which you only use your deposited funds.|
|MARGIN||Trade using leverage and borrowed funds from Folionet. Visit Folionet Fees for additional information.|
|OPTION||Not supported at this time. Please do not select this option.|
Currently we only support INDIVIDUAL accounts. Please select this option.
* Set to YES if you are a broker or dealer.
|ACCOUNT NAME||Your full name as it appears on your government-issued ID|
|DATE OF BIRTH||Date of birth in the following format MM/DD/YYYY|
|SOCIAL SECURITY/TAX ID #||Social Security Number for U.S. citizens or residents, or the respective Tax Identification Number from your country of citizenship. |
Click here to see your country’s corresponding Tax ID Number.
|U.S CITIZEN||Please confirm that you are a U.S. Citizen, even if you live in a different country or have dual-citizenship.|
|IF NO, WHAT COUNTRY?||If you selected NO in the previous question, please enter the name of your country of citizenship.|
|HOME ADDRESS||Please enter your home address with as much information as possible including street address, apartment/unit #, house name, etc. plus city, state, postal code and country.|
|EMAIL ADDRESS||Please enter the best email address where we can reach you, if necessary.|
|MAILING ADDRESS||If you would like any documents to be mailed to a different address other than your home, please enter a mailing address in the same format as your home address. |
Note: If you are a non-U.S. resident and your mailing address is in the U.S., please submit a letter explaining your reasons to choose that address.
|JOINT APPLICANT’S NAME||Please leave blank since we don’t support Joint Accounts at this time.|
|NUMBER OF DEPENDENTS||Number of individuals whom you support financially|
|HOME TELEPHONE NO.||Your home phone number. Please be sure to include the country code such as +1, +58, +57, etc.|
|BUSINESS TELEPHONE NO.||Your work phone number. Please be sure to include the country code such as +1, +58, +57, etc.|
|EMPLOYER||The name of your Employer. If you are self-employed, please enter the name of your company. |
If you are currently not employed, please enter whether you are UNEMPLOYED, RETIRED or STUDENT.
|YEARS EMPLOYED||The number of years you have been employed in your line of work|
|POSITION||Your current job title|
|BUSINESS ADDRESS||Work address with as much information as possible including street address, apartment/unit #, house name, etc.|
|CITY | STATE | ZIP CODE||City, State, Zip Code (if applicable) of your work address|
|HAVE YOU GRANTED TRADING AUTHORIZATION TO ANOTHER PARTY?||Confirm if you have granted any authorization to any individual or company to use your trading account on your behalf. If YES, please include the company name and stock symbol.|
|IS THE ACCOUNT HOLDER A CONTROL PERSON OR A STOCKHOLDER OF A PUBLICLY TRADED COMPANY?||You are considered a control person if you hold a managing position or own 10% of a company. If either of these is true, please select YES and include the company’s name and stock symbol.|
|ARE YOU, OR ANYONE AUTHORIZED TO TRADE IN YOUR ACCOUNT, AFFILIATED WITH OR WORK FOR A MEMBER FIRM OF A STOCK EXCHANGE OR F.I.N.R.A?||If either of these is true, please select YES and provide the name of the firm.|
|TIME HORIZON||The number of years planned to achieve your financial goal. Please choose one.|
|LIQUIDITY NEEDS||How important is it to be able to quickly and easily sell your stocks with minimum loss? Securities with a higher trading volume are easiest to convert into cash. Please choose one.|
|INVESTMENT OBJECTIVE||IncomeEarn income from investments through interest, dividends, etc.GrowthInvest in stocks with intent to sell at a higher price.SpeculationTake a risk to make a quick profit by investing in fluctuating stocks.OtherIf different from above, please specify.|
|INVESTMENT EXPERIENCE||How much experience you have investing in the financial markets|
|ANNUAL INCOME||An estimate of your yearly income|
|LIQUID NET WORTH||The part of your net worth that can easily be converted into cash, not including real estate or cars|
|TOTAL NET WORTH||The total value of your assets minus any debts such as mortgage, loans, credit card balance, etc.|
|RISK TOLERANCE||LowI don’t mind taking a lower gain for a piece of mind.MediumI can handle some loss if there is a chance for a decent gain.HighI’m willing to take a high risk to try to get maximum gains.|
Additional Account Information
|IS THE ACCOUNT MAINTAINED FOR A CURRENT OR FORMER POLITICALLY EXPOSED PERSON OR PUBLIC OFFICIAL?||If you are of have previously been an elected official, please select YES and answer the next two questions.|