A minimum amount of N5,000,000 (Five Million Naira) is required to open a Brokerage account. This could be in cash, value of certificates to be dematerialized or a transfer of stocks from your existing stock-broking house. Subsequent deposits may be less than the above stated amount. Please note that a combination of all or some of the above is accepted to make up N5,000,000.00.

If you require further assistance or for more information, please contact the support unit at [email protected].

For Estate Accounts:

In addition to the required documents, Estate Accounts KYC documentation include:

1. Letter of administration (if deceased died without a will)
2. Death certificate
3. Means of Identification for the Administrators
4. Passport photograph of Administrators
5. Probate Letter (if deceased died with a will)

Thank you using ARM Securites Brokerage service.

Internal Note: All documents should be forwarded to Legal & Compliance for verification before any activity takes place on an account.

*For opening of Estate Accounts, please ensure the administrators come in physically.