GAIN Securities opens all types of accounts, including:

  • Individual
  • Joint Tenants
  • Custodianship
  • Corporations
  • Investment Clubs
  • Partnerships
  • Trusts and Estates
  • DVP (delivery versus payment)
  • Employee Stock Option Program
  • IRAs (Traditional, Roth, Rollover, Education, Simple, SEP)
  • Pension Plan Accounts

Personal Accounts

Individual Account
  • Access and transactional approval are limited to one individual.
  • Account holders may be eligible for options trading and margin capability.
Joint Account
  • Access and transactional approval are granted to two or more individuals.
  • The account type is common in households where assets are shared.
Custodial Account
  • The account is managed by an adult for a minor (under the age of 18 or 21, depending on state laws).
  • Minors can be granted read-only rights to the account.

Retirement Accounts

Traditional IRA
  • Year-to-year contributions are generally tax deductible.
  • Contributions and interest are generally tax-deferred until retirement.
Roth IRA
  • Year-to-year contributions are subject to taxation at your current tax rate, and contributions are made with post-tax dollars.
  • Disbursements from an IRA account may be exempt from taxation at retirement.
Rollover IRA
  • An account allowing for the holdings of one retirement plan to be transferred to another without tax consequences.