FREQUENTLY ASKED QUESTIONS
Q1: I have some money, how do I open an account?
Q2: Do I need to have an account with you before you can trade on my behalf?
Q3: What are your requirements to open an account?
Q4: How do I credit my account?
Q5: How long will it take for an account to be opened on my behalf?
Q6: Can I open stockbroking accounts for my children, what is used as signature?
Q7: Do I get log-in details to enable me view my account details online?
Q8: I already have an account with another stockbroking firm, could I open another with LeadCapital
Q9: Can one have 2 CSCS account numbers?
Q10: Do I get log-in details to enable me view my account details online?
Q11: If yes, how do I make payments from outside Nigeria?
Q12: What are your commission rates?
Q13: What are your commission rates?
Q14: How long does it take to verify a certificate?
Q15: Do you do Margin trading?
Q16: What is Margin trading?
Q17: What are the requirements for opening a margin trading account?
Q18: To qualify for margin, what stocks can be used as collateral / security?
Q19: What are the rates and charges on a Margin account?
Q20: How do I get market research materials?
Q21: What stocks should I buy, why?
A: Download and fill out account opening forms from our website www.leadcapitalng.com ,we have a GTB account where payments are made.
A: Yes, you need to open account with CSCS through us to be able to trade on your behalf.
A: You need a photocopy of either your Driver's Licence or Passport, Utility bill and a passport photograph, N50, 000 in cash and or shares.
A: You need to make payment into our Guaranty Trust Bank, Account No. 205-133937-110, Oyin Jolayemi Branch, Victoria Island using the name of the beneficiary and contact us.
A: Accounts are opened within 48 hours of submission to CSCS and you will be notified by our customer service unit.
A: Yes you can open stockbroking accounts for your children which is called ITF (In Trust For), you could either use your signature or your surname
and their initials, passport photographs are usually required.
A: Yes, the log in configuration enables you to view your account details online and equally transact business with us with ease.
A: Yes, the law allows an individual to have more than one stockbroker
A: Yes, it is possible but there will be certain characteristics that must differentiate them such as clearing house number(CHN)
A; Yes, we have a large number of clientele base outside the country.
A: Payments are made into our GTB domiciliary accounts.
A: For Buying: 1.5% of consideration For Selling: 1.5% of consideration
A: Yes we can.
A: This is dependent on registrars but certificates leaves our office within 24hrs of arrival.
A: Yes we do.
A: Margin Trading is a brokerage account that permits a brokerage client to buy securities by borrowing a portion of the purchase amount from LeadCapital. i.e accessing a third party fund.
A: N1,000,000, cash or stocks equivalent ,2 passport photographs, N25,000 in cheque payable to Central Securities Clearing System (CSCS) to open a special account.
A; We have a list of stocks called marginable stocks they are strictly blue-chip stocks.
A: The rates and charges are dependent on the cost of funds as such reviewed quarterly.
A:The moment you become our client you'll have access to our daily and weekly market report via electronic mails.
A: We forward a daily market report to our clients, this report will put your question right.
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