Account types for Traders

Conti individuali, cointestati, fiduciari, IRA e UGMA / UTMA

	Individuale	Cointestato	Trust
Profilo del cliente	Un titolare di conto individuale.	Due titolari di conto. Può essere una delle seguenti tipologie: comproprietà con diritti di accrescimento per coniuge superstite, proprietà in comune, comunione dei beni e proprietà indivisa.	Un’entità legalmente costituita in cui gli attivi sono detenuti da una controparte a beneficio di un’altra.
Descrizione del conto	Attivi detenuti in un unico conto di proprietà di un unico titolare.	Attivi detenuti in un unico conto di proprietà di due titolari.	Un conto unico controllato da un fiduciario con disponenti e concessori.
Accesso al trading e Gestione Conto	Il titolare del conto ha accesso a tutte le funzioni. È possibile aggiungere ulteriori utenti con procura legale.	Entrambi i titolari del conto hanno accesso a tutte le funzioni. È possibile aggiungere ulteriori utenti con procura legale.	Uno o più fiduciari hanno accesso a tutte le funzioni.
Marginazione	Disponibili tipologie cash, Reg T e margine di portafoglio.	Come previsto per i conti individuali.	Come previsto per i conti individuali.

Conto Family Office

Customer Description	An Advisor who is free from registration and has 15 or less clients.
Account Description	A master account joined to individual client accounts. The master account is used for trade allocations and fee collecting. The advisor can open a single client account for his or her own trading.
Client Markups	% of flat fee, % of P&L, % of equity, fee per trade, and manual billing. Note that client markups vary for advisors under MEXEM UK administration.
Trading Access & Account Management	The advisor has access to trading and most Account management services. Clients do not have access to trading but have access to all account management services.
Margin	Cash, Reg T and Portfolio Margin are available. Each client account is separately placed in margin.

Conto Gruppi Famigliari e amici

Profilo del cliente	Un consulente esente da registrazione con un massimo di 15 clienti.
Descrizione del conto	Un conto master collegato a conti clienti individuali. Il conto master è usato per la riscossione delle commissioni e l’allocazione delle transazioni. Il consulente può aprire un unico conto cliente per la propria attività di trading.
Maggiorazione per i clienti	% sulla liquidità, commissione forfettaria, % dei profitti e delle perdite, commissione per trade e fatturazione manuale. Si noti che le maggiorazioni previste per i clienti sono differenti in caso di consulenti sotto la giurisdizione di MEXEM UK.
Accessi ti Trading e gesione conto	Il consulente ha accesso al trading e alla maggior parte delle funzioni di Gestione conto. I clienti non hanno accesso al trading, ma possono accedere a tutte le funzioni relative alla gestione del conto.
Marginazione	Disponibili tipologie cash, Reg T e margine di portafoglio. Ciascun conto cliente è soggetto a una marginazione separata.

Conto per piccole imprese

Profilo del cliente	Una società di persone, società a responsabilità limitata, strutture giuridiche non incorporate, società di piccole dimensioni.
Descrizione del conto	Un conto unico che detiene attivi di proprietà del titolare del conto dell’entità.
Accesso al trading e Gestione conto	Configurabile per conferire agli utenti alcune o tutte le funzioni relative al trading e alla gestione del conto.
Marginazione	Disponibili tipologie cash, Reg T e margine di portafoglio.

Strutture di conto destinati alle istituzioni

Advisor Account

Customer Description	An individual or Organization Registered Advisor that maintains both client administration (Wealth management) and the client’s money (Money Management).
Account Description	A master account joined to individual or corporation client accounts. The master account is used for trade allocations and fee collecting. The advisor can open a single client account for his or her own trading. The account can be white branded with the corporate identity of the advisor.
Client Markups	% of P&L, % flat fee, % of equity, fee per trade, and manual billing.
Account management & Trading Access	The advisor has access to trading and most Account management features. Corporation Advisors can have numerous users, each with access to different features and authority over various client accounts. By default, clients do not have access to trading, but client trading can be allowed. Clients have access to all Account Management features.
Margin	Reg T, Cash and Portfolio Margin are available. Each client account is separately placed in margin.
Pre-Trade Allocations	Advisor(s) can pre-trade allocate cleared trades by %equity, %positions, or account %.
Multiple Levels	Advisors have the potential to add an Advisor account with clients, a Separate Trading Limit account (STL) under the master account, or a Multiple Hedge Fund account.

Funding Manager Account

Customer Description	An individual or Corporation Registered Advisor that is hired on account of another advisor (Wealth Manager) to maintain some or all their clients money.
Account Description	A new discrete client account is opened for any client for whom a Fund Manager maintains money. Fund Managers maintain money across numerous advisors (Wealth Managers) and their clients.
Client Markups	% of P&L, % of flat fee, % or equity, fee per trade, and manual billing, placed by the advisor (Wealth Manager).
Account management & Trading Access	The Money manager has access to trading only. Investments are moved to the Money Manager client account by the Advisor (Wealth Manager). Corporation Money Managers can have numerous trading users, each with control over different client accounts.
Margin	The money managing client account takes over the margin type from the client’s Wealth Manager client account. The Money Manager and Wealth Manager client accounts are separately margined.
Pre-Trade Allocations	Same as Advisors
Multiple Tiers	Not available.

Copyright Trading Group Accounts

	Pool	Separate Trading Limit
Customer Description	A partnership, corporation, unincorporated legal structure or limited liability company.	Same as Pool.
Account Description	Single account which holds investments owned by the entity account holder.	Numerous, linked accounts all in the name of a single entity. Investments in all accounts belong to the entity account holder. Every account has its own trading limits and can have its own trading approach.
Account management & Trading Access	One or more users can have some or all trading and Account management services.	Master user(s) are designated and can be configured to have some or all trading and Account Management services. Sub account users can only access their single account services.
Margin	Reg T, Cash and Portfolio Margin are available.	Reg T, Cash and Portfolio Margin are available. At trade launch, each sub account is margined individually. For liquidation and maintenance purposes, all accounts are consolidated.

Securities & Mutual Fund Accounts

	Single	Multiple	Allocation (Give-Up)
Customer Description	A single investment managed by an investment manager.	Multiple funds maintained by an investment manager	Multiple co-mingled funds managed by an investment manager. Investment manager maintains individual fund activity function seperately or gives up to a third-party prime broker.
Account Description	A single account with one or more users. Arranging authorized trader sub accounts adds the capacity to manage numerous sub accounts for various strategies.	A single allocation account for trade executions that allows the end of day give-up of trades to accounts at third-party prime brokers.
Client Markups	Soft Dollars for five different commission tiers available.	Same as Single Fund.	Same as Single Fund.
Trading Access & Account Management	Users can be configured to have some or all trading and Account Management functions.	Master fund administrator users have access to some or all funds or services. Each fund can have its own set of users with access to some or all Account Management services.	Fund investment manager(s) has access to some or all functions.
Margin	Cash, Reg T and Portfolio Margin are available.	Reg T, Cash and Portfolio Margin are available. Each fund account is separately margined.	Cash, Reg T and Portfolio Margin are available. All fund trades are consolidated and margined together.
Pre-Trade Allocations	Not Available	Master fund admin users can pre-trade allocate by account %, % of equity, or % of positions.	Not Available
Multiple Tiers	Not Available	Investment manager has the ability to add an Advisor account with clients, a Multiple Hedge Fund account with fund or SMA accounts, or a Separate Trading Limit account (STL) under the master account.	Same as Non-Disclosed Broker.

Compliance Officers

	EmployeeTrack
Customer Description	Any corporation that needs to keep track of all or some of their employees’ trading activity.
Account Description	A single account linked to numerous, individual, trust, joint and IRA employee accounts for the motive of keeping track of their trading activity.
Trading Access & Account Management	Trading is entirely controlled by the broker employee with Compliance access to trade activity.
Margin	Not applicable.