Table of contents. Click to view
The rules for using an individual investment account for each owner of this instrument are the same. However, the results of investment activities are largely influenced by the rates and bonuses offered by brokerage companies. So Finam on IIS offers its clients to receive, in addition to income from working in the financial markets, up to 15.12% per annum.
The tax deduction is 13% and many investors are wondering where the company will take the additional 2.13%. However, it turned out to be easy to explain the appearance of “extra” interest – they are credited to the account balance. Simply put, the company’s clients can get another 2.13% on non-invested money. It is quite obvious that for this, when opening an individual investment account, it is necessary to select a deduction of type A. An example of calculating the results of work on IIS in Finam is shown in the figure below.
For investors wishing to acquire financial assets, the broker promises to receive over 15% per annum thanks to access to the stock market instruments. It is also worth noting a few more interesting offers from the company:
- advice from professional traders;
- simple and quick registration of tax deduction;
- there are no restrictions on the number of account balance top-ups, but no more than 1 million rubles can be entered on the IIS during the year.
Conditions from Finam for IIS
The broker offers its clients four ready-made strategies for working in the financial markets:
- Savings. It is the best choice for type A IMS.
- Conservative. Suitable for investors who plan to replenish their account balance by 150-250 thousand rubles annually.
- Optimal. If every year 250-300 thousand rubles will be deposited into the account, then this strategy is a good choice.
- Aggressive. This strategy is suitable for investors who want to get the maximum return on investment. At the same time, they will have to replenish the account balance for more than 300 thousand rubles every year.
Brief information on each of the listed strategies is shown in the figure below.
Open an individual investment account (IIS) with Finam: instructions
To begin with, the investor has to go through a simple registration procedure and fill out the form shown in the figure.
After that, an SMS with a verification code will be sent to the mobile phone. It should be entered in the appropriate field and click on the “Send” button. The next step is to choose a way to open an individual investment account. This can be done remotely or by visiting the nearest branch of the company.
In the first case, all information about the client is transmitted online. In the second, the investor will have to personally bring a package of documents to the Finam office:
- a questionnaire;
- statement of agreement with the terms of work;
- application for choosing the terms of cooperation.
The company also offers its clients the opportunity to open an individual investment account for adult children, as well as foreigners who are residents of the Russian Federation. However, the company has every right to refuse the applicant to open an account without giving any reason. If the application is approved, the user will receive a notification containing the information necessary to work with the IIS.
Finam training for IIS
Having become the owner of the IIS, the user can choose any course he likes. You can take training in person or remotely.
IIS translation from Finam
Such a need may arise from investors who did not like the conditions offered by the company. It should be admitted that Finam’s tariffs in 2020 are not the most profitable. This can be judged by the recent churn of clients. This fact confirms the rating of trading participants in terms of the volume of transactions made by brokers’ clients. It is published by the Moscow Exchange.
For example, in February 2020, the company ranked fifth in it. However, in March Finam moved up to 7th place. Over the next six months, the broker was ranked 6 through 8. This fact indicates that there is serious competition among brokerage companies for clients.
How to close IIS in Finam
Before terminating cooperation with the company, the investor will have to decide what to do with the assets held in the depository. There are two ways to choose:
- sell all securities and deposit money;
- transfer assets to another broker by opening a new individual investment account with him.
In the second case, the securities transfer procedure should be completed within 30 days. Before closing the account, the investor must provide Finam with information about the bank or brokerage account to which the funds will be transferred. When the application is accepted, the individual investment account is blocked, and it will no longer be possible to carry out any operations on it. Then the broker will need some time to calculate tax benefits and payments, as well as to transfer assets and funds.
Feedback from investors about IIS in Finam
All reviews about individual investment accounts in a company that can be found on the network must be carefully filtered by their objectivity. So in the above opinions, the clients who left them do not provide confirmed facts. An example of a good review is shown in the following figure.
On the net you can find a large number of reviews about Finam. However, you should not completely trust them. Only after studying several dozen opinions can one learn to distinguish real opinions from custom ones.