Joint account

Want to combine finances with your spouse, business partner, or friend?
Try our Joint Account.

Joint status allows:

1 The ability to pool resources together

2 Full access when all owners are alive or after the demise of one partner

3 No probate. The account can be passed directly to the surviving partner

Equal rights and access

Both owners have equal rights and access to the account.

As long as you have similar financial goals, you can open a Joint Account on Finance Unity Pro and start investing together on equal status.

Finance Unity Pro Joint Account

Our Joint account allows two or more account holders listed on it. This account allows two or more people to have control of an investment account, enabling them to do trades, make deposits and withdrawals, and take other actions related to their investments.

Benefits of our Joint Account

  • With our Joint Account, you can work together to save and invest toward a common goal. Together, you can save for a new home, plan for retirement, or simply look to grow your money, you can pool your resources together to help you reach your goals faster.
  • With our Joint Account, you can combine your money for investing purposes. But, you can decide to have one person among yourselves with more financial savvy manage the account. This approach is a smart option if one person wants to invest, but prefers to be more hands-off.
  • If you have our Joint Account and you pass away, the account will pass to your beneficiary through your will. No probate process as we have reduced the processes involved for the account to be passed to your partner.
  • You can invest in different types of securities, such as mutual funds, exchange-traded funds (ETFs), individual stocks, and bonds, etc. To open a Finance Unity Pro Joint Account, you only need basic personal and financial information about each account holder.

Protections you’ll waive

  • Leverage restrictions applicable to Retail clients do not apply to Joint. But remember, with increased leverage comes increased risk
  • You will not have negative balance protection. Should your account fall into a negative balance, you will be obliged to make additional payments – meaning losses can exceed deposits
  • As you understand the risks associated with trading complex financial products, we will not impose product restrictions upon you
  • We may not provide you with any standardised risk warnings as you already understand the associated risks
  • We may use more sophisticated language when communicating with you. However, we’ll always communicate in a clear, fair and not misleading way

Joint client margin rates
FX (majors)
1.50%
66:1
FX (majors)
2.00%
50:1
Index (majors)
2.50%
40:1
Index (minors)
3.00%
33:1
Gold
3.00%
33:1
Equity
10.00%
10:1
Commodity
From 4.00%
rom 25:1
Get started

Use securities as collateral

As a Joint client, you can use a percentage of your shareholdings as
collateral for margin trading. 

 
 

Why trade with Finance Unity Pro?

Global market access

Access over 40,000 instruments, across all asset classes, from a single cross-collateralised account and hold and deposit funds in 18 currencies.

Powerful platforms

Place and manage orders in the blink of an eye with webtrader.ai, our most powerful platform yet, or trade on the move with webtrader.ai.

Industry-leading prices

Benefit from market-leading entry prices and get tighter spreads and lower commissions when you upgrade your trading tier.

Expert support

Receive best-in-class digital support as standard and unlock even better personal service with our premium trading tiers.

Frequently asked questions

To qualify for a Joint account, you must meet at least two of the following criteria:

  • Have a financial portfolio that exceeds €500,000
  • Have placed at least 10 relevant trades in significant sizes over the last four quarters
  • Work, or have worked, in the financial sector for at least one year

Trade size and volume

You must have carried out transactions, in significant size, in a relevant product with an average frequency of at least 10 per quarter during the previous four quarters (with Finance Unity Pro and/or other providers).

Relevant products include: CFDs / FX (Spot / Forwards / Options), Futures, Options and Leveraged Exchange Traded Products.

Significant size is deemed as a minimum notional value of, for example, €100,000 on forex, €50,000 on indices, €10,000 on single stock CFDs.

The average frequency of trades can be at one provider, or a combination of. We will ask you for scanned copies of statements for any trade activity outside of Finance Unity Pro.

Size of portfolio

The size of your investment portfolio (held with Finance Unity Pro and/or other providers), is defined as including cash deposits and financial instruments, exceeds EUR 500,000.

Acceptable examples of an investment portfolio can include: cash savings, stock portfolio, stocks and shares ISA, trading accounts, mutual funds, SIPP (excluding non-financial instruments).

Unacceptable examples include: company pension, non-tradeable assets, property, luxury cars, jewellery. If a portfolio is held outside of Finance Unity Pro, we may ask you for scanned copies of statements from other providers.

Professional experience

You work or have worked in the financial sector for at least one year in a professional position that requires knowledge of relevant products.

We will ask you for details of your role and how it has provided you with sufficient knowledge and experience and may require you to provide evidence of this if necessary.

For more information, please contact us

If you didn’t find what you were after, contact us directly and we’ll be pleased to help.