SEBCSL offers margin accounts to its clients. The main features of a margin account offered by SEBCSL are:
-SEBCSL allows investors to borrow money from the company to purchase securities, using the securities in the investor's portfolio as collateral.
-Investors can take advantage of the increased purchasing power to potentially increase returns and diversify their portfolio.
-SEBCSL requires investors to maintain a minimum equity balance in the account, which is typically a percentage of the value of the securities in the account.
-Orders can be received through email & telephone.
-Portfolio statement sent regularly through email
Fees and Charges:
-SEBCSL charges interest on the borrowed amount, which is typically higher than standard interest rates.
-SEBCSL may also charge other fees, such as a maintenance fee or an account fee, portfolio management fee.