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How to Get Started

Step 1.  Open a Stockbroking account. This require that you submit the under listed account opening documents:

Individual Account Opening Requirements

  • Completed Account Opening Form (download)
  • Photocopy of Driver’s License/National ID/International Passport/Permanent Voter’s Card (PVC)
  • Passport Photograph of Signatories
  • Photocopy of PHCN bill/Lawma bill/Water Rate

Corporate Account Opening Requirements

  • Completed Account Opening Form (download)
  • Photocopy of International Passport / Driver’s License/PVC/National ID (of signatories)
  • Passport Photograph of Signatories
  • Photocopy of PHCN bill/Lawma bill/Water Rate (of signatories)
  • CTC of Form CO2 (i.e. particulars of Shareholders)
  • CTC of Form CO7 (i.e. particulars of Directors)
  • Copy of Certificate of Incorporation
  • CTC of Memorandum & Articles of Association
  • Board Resolution

Step 2. Payment should be by cheque or funds transfer into our bank account.  For foreign inflows, a Certificate of Capital Importation would be issued.

Step 3. Two accounts will be opened on your behalf:

  • FMAML Stockbroking Account.
  • Central Securities Clearing System (CSCS) account

Step 4. An online code that will enable you access your account will be given to you. You can among others:

  • Place purchase and sale orders through our Order Management System (OMS) online
  • View you stockbroking account and Contract notes for the trades executed.
  • View the status of share certificates and dividend warrant deposited for verification and revalidation respectively.