An individual account is a standard brokerage account with only one owner.
- Cash, Cash and Margin, Cash and Option, Cash, Margin and Option
Account Minimums and Fees:
- There is no minimum funding required to open an account. However, special promotional offers may have requirements.
- Electronic funding minimum is $50.
- Margin or option privileges on the account require a minimum of $2,000.
The account owner can assign a beneficiary, and upon death all assets in the brokerage account are passed to the beneficiary.