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Q1: Who is Global-American
Investments?
Q2: Who is Penson Financial Services?
Q3: Is my money safe?
Q4: How does your trading platforms differ from
other on-line brokerages?
Q5: Which trading platform is right for me?
Q6: What are your fees and commissions?
Q7: What are your account requirements?
Q8: How do I open an account?
Q9: I live outside of the United States - can
I still open an account?
Q10: What type of options trading do you offer?
Q11: Who can I contact for questions?
Q1: Who is Global-American Investments,
Inc.?
A: Global-American Investments, Inc. is a California
based registered broker/dealer, specializing in providing
advanced order entry system trading technologies to active online
investors. The order entry system trading platforms we offer provide
our clients with fast execution speed and information delivery.
We employ experienced brokerage professionals to provide high
levels of customer support.
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Q2: Who is Penson Financial Services, Inc.?
A: Penson Financial Services, Inc.,
clears our securities transactions and handles all of the
cash and securities for our customers. For more information on Penson Financial Services Inc., visit them at www.penson.com
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Q3: Is my money safe?
A: Global-American Investments Inc is a member of
SIPC*, which protects securities customers of its members
up to $500,000 (including $250,000 for claims for cash). Explanatory
brochure available upon request or at www.sipc.org.
In addition, Penson Financial Services Inc. has purchased a supplemental insurance policy
for an additional $10,000,000 to protect customers against
Penson Financial Services' failure.
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Q4: How does your software differ from
other on-line brokerages?
A: Most traditional online brokers offer web-based
trading systems. This means that your order, when entered
online, is simply a message to a broker who then places the
trade for you. Many such firms have order flow agreements
with particular Market Makers. With Global-American Investment's
platforms, intermediaries are eliminated, which potentially
result in more efficient transactions.
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Q5: Which trading platform is right for
me?
A: Global-American Investments offers its clients
three distinct trading platforms. Each has a unique array
of trading tools. We do not consider one product to be superior
to another; the proper choice depends on your trading needs
and level of experience. For information on our trading platforms
please visit the Trading Products section of this website.
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Q6: What are your fees and commissions?
A: We offer very competitive discounts on commission
fees and trading platforms fees based on trading volumes.
Please contact our office at (909) 396-8899 for full fee disclosure.
Q7: What are Global-American Investments
account requirements?
There are two requirements to open Global-American Investment's
account.
1. Financial Suitability: Global-American Investment's
clients must be able to withstand the risks associated with
active trading. Therefore, you must be able to certify that
you meet or exceed the following: U.S. $35,000 annual income
AND U.S. $50,000 liquid net worth*.
( * Liquid net worth is exclusive of primary
residence or farm. It may also not include real estate,
collectibles, or other items that may be of value but cannot
be readily converted to cash.)
2. Minimum Equity: Initial funding requirements for non-day
trading accounts is a minimum of $10,000 cash or net equity
in freely transferable securities or a combination of both.
An initial funding and maintenance requirement for pattern
day trading accounts is US$25,000 per regulatory requirements.
We recommend a higher initial deposit for more flexibility
in trading activities.
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Q8: How do I open an account?
A: Follow the instruction on the open account page.
If you have any questions about the account opening procedure
please contact one of our support representatives at (909)
396-8899.
Q9: I live outside of the United States
- can I still open an account?
A: Due to regulatory issues, Global-American Investment's
accounts are not available for residents of the following
countries: Afghanistan, Australia, Angola, Burma (a.k.a. Myanmar),
Canada, Cuba, France, Guam, India, Iran, Iraq, Libya, Netherlands,
Nigeria, Russia, Sudan, and Syria.
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Q10: What type of options trading do
you offer?
A: After GAI Compliance has approved an account for
options trading, customers who choose SE Global Trade as their
trading platform have the capability to enter option orders
right from their trading terminal. Alternatively they can
phone in their option orders to our trading desk. There are
higher costs associated with phone in orders - please contact
one of our support representatives at (909) 396-8899 for more
information.
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Q12: You can contact Global-American?
A: Investments customer service by phone at (909)
396-8899. If you prefer, you can correspond with us via email
at info@ga-securities.com.
Our Customer Support Representatives are available 6:30am
to 5pm Pacific Coast Time- Monday - Friday.
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