- For the first time, TDB is offering margin trade to its customers. Margin trade allows TDB customers to participate in the international financial market.
- To start with margin trade customers should make the margin trade contract with the bank collateralizing by their margin account.
- The Margin Account is a current account, demand deposit and other special accounts opened by the customer in the bank only for the trade purpose. The minimum account balance for a Margin Account for individuals is USD 50,000, for legal entities USD 100,000.
- A customer chooses his/her own leverage, and trade is done according to the contract conditions. Commercial leverages are between 1 and 20 and the total amount of the customers position should not exceed … of the collateral by leverage.
- Customers are able to choose the currencies for margin trade from convertible currencies in the international financial market, such as USD, EUR, JPY, GBP, CHF, AUD, CAD. Moreover it is possible to use gold or silver accounts, and other financial instruments for margin trade.
- In the margin trade a customer closes the position, which was opened only for the commercial purpose. Payments are done non-cash. Spot, forward, swap and option trades are available through margin trade. Trade ordering in international financial market is also available.
- As well as being able to participate in the international financial market, customers are welcome to trade beyond their worth.
- Required materials:
- For individuals
1. Margin trading application form /issued by the bank/
2. One passport sized photo
3. Copy of personal ID /notarized/
4. Brief CV of the person /issued by the bank/
- For legal entity
1. Margin trading application form
2. State registration certificate of legal body
3. Margin trading agreement and decision of the authority
4. Name, surname, signature and stamp of the authorized person to make margin trading
5. Other documents if they are needed
- For the first time, TDB is offering margin trade to its customers. Margin trade allows TDB customers to participate in the international financial market.
- To start with margin trade customers should make the margin trade contract with the bank collateralizing by their margin account.
- The Margin Account is a current account, demand deposit and other special accounts opened by the customer in the bank only for the trade purpose. The minimum account balance for a Margin Account for individuals is USD 50,000, for legal entities USD 100,000.
- A customer chooses his/her own leverage, and trade is done according to the contract conditions. Commercial leverages are between 1 and 20 and the total amount of the customers position should not exceed … of the collateral by leverage.
- Customers are able to choose the currencies for margin trade from convertible currencies in the international financial market, such as USD, EUR, JPY, GBP, CHF, AUD, CAD. Moreover it is possible to use gold or silver accounts, and other financial instruments for margin trade.
- In the margin trade a customer closes the position, which was opened only for the commercial purpose. Payments are done non-cash. Spot, forward, swap and option trades are available through margin trade. Trade ordering in international financial market is also available.
- As well as being able to participate in the international financial market, customers are welcome to trade beyond their worth.
- Required materials:
- For individuals
1. Margin trading application form /issued by the bank/
2. One passport sized photo
3. Copy of personal ID /notarized/
4. Brief CV of the person /issued by the bank/
- For legal entity
1. Margin trading application form
2. State registration certificate of legal body
3. Margin trading agreement and decision of the authority
4. Name, surname, signature and stamp of the authorized person to make margin trading
5. Other documents if they are needed