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Brokerage Accounts

Get closer to your financial goals with a Grandwood general investing brokerage account. Learn about the different account types and features available, then open an account today.

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What is a general investing account?

A general investing brokerage account is a flexible investment account that allows you to buy and sell a variety of investments, such as stocks, ETFs, options, mutual funds and other securities. The Grandwood brokerage account has no fees to open and maintain, so you’re in control. Whether you’re saving for retirement, or want to use funds for short-term goals, start building your personal investment portfolio today with a Grandwood brokerage account.

What are the different types of account ownership?

There are two types of brokerage account ownership:
  • Individual brokerage account

    An individual account is a standard brokerage account with only one owner.

  • Joint brokerage account

    A joint brokerage account is held by two or more owners, most commonly spouses, but can also be opened between family members or two individuals with mutual financial goals.

    1. Joint Tenants with Rights of Survivorship (JTWROS): A joint account that has two or more account owners, with each person having an undivided interest in the entire property.
    2. Tenants in Common: A joint account that has two or more account owners, with each person owning a specified percentage of the entire property.

What brokerage account features are available?

Once you open a brokerage account with Grandwood, you can deposit funds and start buying investments. Take advantage of the features you can add to your account, such as:
  • Options Trading

    Apply for options trading to your brokerage account. Generate income on your stock/ETF portfolio, take directional views with leverage and limited risk, and hedge your portfolio with risk-reduction strategies. Grandwood offers value investing with $0 commissions and $0 contract fees for options trades. Approval is required before you can take advantage of this account feature. 

  • Margin Trading

    A margin loan is a flexible line of credit that allows you to borrow against the value of securities you already own. Whether you want to increase your borrowing power to purchase more securities or looking for a source of flexible borrowing for short-term financing needs, a margin loan from Grandwood can help you gain access to funds.

  • Extended Hours Trading

    React to market news during pre-market and after-market-hours sessions with extended hours trading from 8am – 8pm EST. We offer stock market after-hours & pre-market trading with securities listed on the NYSE, NASDAQ, or AMEX exchanges.

  • Dividend Reinvestment Plan

    Automatically accumulate your positions every time you receive a dividend with Grandwood’s free dividend reinvestment plan. You can enrol either a single eligible stock or all eligible stocks in your portfolio. Enjoy the benefits of compounding returns on your investment. 

  • Securities Lending Income Program

    The Securities Lending Income Program provides you with the opportunity to earn extra income on fully-paid shares of stock held in your cash account. While your shares are on loan, you will be paid an income that is accrued daily and credited to your account on a monthly basis. 

The Grandwood Advantage

$0 Commission Online Trades, $0 Options Contract Fees
No Deposit Minimum, No Inactivity Fees

Full Suite of Investment Products

Stocks/ETFs, Options, Fixed Income & 11,000+ Mutual Funds. Earn extra income from our DRIP and Securities Lending Program.

Powerful Apps

Seize opportunity no matter where you are with our intuitive desktop, Android, iPhone and iPad Apps.

Trade Ideas

Discover potential trade ideas with free access to premium research provided by Morningstar, Briefing.com, Zacks & Benzinga.

Account Protection

We secure your accounts with strong encryption, firewalls, and two-factor authentication.

Education Resources

Free education resources & live webinars for investors of varying levels of experience.

Extended-Hours Trading

React to market news during pre-market and after-market-hours sessions with extended hours trading from 8am - 8pm EST.

OPEN AN ACCOUNT TODAY

Get Up to $250 in Transfer Fee Rebates

Need Help? U.S. Toll Free 1.800.869.8800 Outside the US 1.718.961.6600

Brokerage Products and Services offered by Grandwood Limited.

Review Grandwood’s brokerage services with FINRA BrokerCheck.

Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. An investor should understand these and additional risks before trading. Carefully consider the investment objectives, risks, charges and expenses before investing. All investments involve risk and losses may exceed the principal invested. Past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Grandwood is a discount broker that provides self-directed investors with brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice.

Options trading involves risk and is not suitable for all investors. Options trading privileges are subject to Grandwood review and approval. Please review the Characteristics and Risks of Standardized Options brochure before you begin trading options.

ETF trading involves risks. Before investing in an ETF, be sure to carefully consider the fund’s objectives, risks, charges, and expenses. Please read the prospectus carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. ETF Information and Disclosure.

Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A mutual fund or ETF prospectus contains this and other information and can be obtained by emailing service@grandwood.io.

Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Before using margin, customers must determine whether this type of trading strategy is right for them given their specific investment objectives, experience, risk tolerance, and financial situation. For more information please see Margin Disclosure Statement, Margin Agreement, and FINRA Investor Information. These disclosures contain information on our lending policies, interest charges, and the risks associated with margin accounts.

Online trades are $0 for stocks, ETFs, options and mutual funds. See our Pricing page for detailed pricing of all security types offered at Grandwood. All prices listed are subject to change without notice.

Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.

This is not an offer or solicitation in any jurisdiction where Grandwood is not authorized to conduct securities transaction.

System response and access times may vary due to market conditions, system performance, and other factors.

©2024 Grandwood Limited Inc. All rights reserved. Member FINRA/SIPC.