What are Global-American Investments account requirements?
There are two requirements to open Global-American Investment’s account. 1. Financial Suitability: Global-American Investment’s clients must be able to withstand the risks associated with active trading. Therefore, you must be able to certify that you meet or exceed the following: U.S. $35,000 annual income AND U.S. $50,000 liquid net worth*. ( * Liquid net worth is exclusive of primary residence or farm. It may also not include real estate, collectibles, or other items that may be of value but cannot be readily converted to cash.) 2. Minimum Equity: Initial funding requirements for non-day trading accounts is a minimum of $10,000 cash or net equity in freely transferable securities or a combination of both. An initial funding and maintenance requirement for pattern day trading accounts is US$25,000 per regulatory requirements. We recommend a higher initial deposit for more flexibility in trading activities.