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.