Opening/Closing account

  • Do I have to pay account opening and maintenance fees when opening a trading account at Pinetree?

Customers opening a securities account at Pinetree do not take account opening fee or account maintenance fee.

  • What does foreign individual Investor need to do when wanting to open a trading account?

In case of having a certificate of registration of transaction code:

– Passport (certified copy)

– Certificate of trading code registration (certified copy)

– Indirect investment account (for non-residents)

In case there is no certificate of registration of transaction code:

– Passport (certified copy)

– Certificate of securities trading code – Appendix 2 – TT213 – BTC

– Certificate of securities trading code – Appendix 3 – TT213 – BTC (in case the Customer authorizes Pinetree to register the transaction code)

  • What does Domestic Institution need to do when wanting to open a trading account?

Customers who are domestic organizations want to open a securities account at Pinetree only need to provide the following documents:

– Business registration certificate (notarized copy)

– Certificate of legal representative (if the certificate of business registration does not indicate the name of the legal representative)

– ID card of the legal representative (copy)

– Registration of tax code (certified copy)

– Registration of seal sample (certified copy)

– Authorization contract (if any) with ID card of authorized person

  • Can Customer mandate for multiple people to trade when opening a trading account?

You may authorize multiple transactions, but you must ensure that:

– Certified by local authorities or notarized in accordance with law.

– Authorized person is not allowed to conduct transactions with himself or with a third person to whom he / she is an authorized person.

– The authorization contract must specify the scope of authorization.

– Do not authorize the same content to multiple people.

  • How many ways can Customer amend the account information?

There are two ways to change stock trading account information:

  1. Changes at Pinetree transaction points;
  2. Pinetree sends the Request for modification / supplementation information to the Customer. Customer supplements the information and sends it back to Pinetree.
  • Can Customer open a new trading account at Pinetree while owning one at other securities company?

You can open an additional trading account at Pinetree. Each Customer is allowed to open an account at a Securities Company.