SECURITY ACCOUNT
through Belize Bank International Limited
AT GLENDALE SECURITIES, INC.

SERVICES and GENERAL INFORMATION

  • Online Trading with state of the Art Technology through a web interface named Execute Direct and a software program named GTPro
  • Trading can be done online or by the phone
  • Trade in Equities, Options and Mutual Funds
  • Trade through Pension Financial Services Inc. and North American Clearing, Inc.
  • Glendale account is protected by the Security Investor Protection Corporation (SIPC) up to $500,000 (Coverage available up to $35  million)
  • Check writing privileges provided free of cost
  • Privacy and confidentiality (accounts are set up as a sub account under Belize Bank International Limited)
  • Discounted rates available for high volume trades

DOCUMENTS and OTHER REQUIREMENTS

  • Information on your Income, Net worth and Liquid Net Worth
  • International Business Company (IBC)
  • US Dollar Account at Belize Bank International Ltd.
  • Initial deposit of US $2,000 for the brokerage account

Requested documents to Set-up the US Dollar Bank Account

  • Certificate of Incorporation for IBC (Certified)
  • Memorandum & Articles of Association for IBC
  • Resolution of Director for IBC
  • Share Certificate for IBC
  • Passport Copy (Notarized)
  • Utility Bill
  • Original Bank Reference
  • Original Professional Reference (from an Attorney, Accountant, etc.)
  • Minimum deposit of US $1,000
  • Our processing fee to Set up the US Bank Account is US $450.
  • Credit Cards and Debit Cards available

Note: Request requirements to set up an IBC.

FORMS REQUIRED

  • New Account Approval Form
  • Customer Account Agreement
  • Corporate Account (Authorizing Trading in Securities Futures and Commodities)
  • W-8BEN Certificate of Foreign Status (IRS Form) – to be updated every 2 years
  • Referral Fee Agreement

COST & FEES

Cost of Processing and Opening Account
US  $500.
Administrative Expenses
$100.
TOTAL
US $ 600.

Optional: Annual Fees to buy and sell stocks (plus expenses) US  $500.
  Our Fee per transaction to buy and sell stocks (plus expenses) US  $150.
  Annual Fee for Quarterly T-Accounts, Deposits & Transfer US  $250.

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