How to open an IIS in Sberbank - step-by-step instructions

PAMM accounts are an investment tool for making money on the Forex market. All trading operations involving this type of asset are carried out by a management company or broker. There is an opinion on the Internet that there are PAMM accounts of Sberbank.

Oddly enough, the state bank has never provided services for investing funds in Forex. The absence of such a service is easily explained by the unreliability of the Forex market component and the too high investment risks for investors.

Who needs an individual investment account and why?

An IIS is a type of tax-advantaged brokerage account. This method of investing appeared on the Russian market in 2015 in order to attract new players to the stock market. In essence, an investment account is an opportunity to try your hand at buying and selling securities, but on more lenient terms. This is what makes IIS so special:

• Tax residents receive two types of deductions from their investment account. You can return 13% of the amount credited to the IIS, or you can not pay personal income tax on the income received.
• There is a significant limitation. To receive a tax deduction, you must keep the account open for at least three years.
• One investment account per person. If you try to open two IRAs at the same time, the tax office will not allow you to receive a deduction.
• During the three years that the account is open, funds cannot be withdrawn from it. But you can switch to another broker or manager.
• IIS is a government initiative. Therefore, the account currency is exclusively Russian rubles.

More about the specifics of the investment account, its advantages and disadvantages - in our material at the link.

Is this investment option in demand? Definitely yes. According to the Moscow Exchange, in 2021 alone, the number of investment accounts grew by 46.3% and reached 2.4 million. The surge in Russians’ interest in investments can be explained simply: traditional deposits are low-yielding, and from 2021 they will be additionally taxed. Therefore, investors go to the stock market for greater benefits for their budget.

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What are PAMM accounts

In general, PAMM accounts are a tool that allows you to earn capital by performing trading operations on the Forex market. Investments in PAMM accounts provide the opportunity to earn up to 5-6% per month of the total investment amount.

There are two people involved in the process of earning money:

1. Manager. The manager makes the initial replenishment of the PAMM account with personal funds. Over the course of 30-180 days, the manager carries out trading with the participation of his capital and, if the dynamics are positive, gets the opportunity to publish a public offer by inviting investors. After investors transfer funds to the PAMM account of the manager, the latter begins to conduct trades and bring passive profit to investors.
2. Investor. A person who evaluates the manager's success based on statistical data collected over 30-180 days of work. If the manager’s performance suits the investor, he has the opportunity to invest his own funds.

When choosing a PAMM asset manager, you should pay special attention to the following parameters:

• trading style: aggressive or conservative;
• time from the moment of opening a PAMM account;
• manager's profitability;
• the amount of funds the manager operates.

Currently reading: How to invest in PAMM accounts: traders’ experience

The vast majority of Forex brokers have their own investment platforms.

The best platforms for trading PAMM assets at the moment are:

1. Pantenon. A fairly young company that provides investors with a full range of opportunities. The organization’s Internet portal has an intuitive interface and is suitable even for a beginner.
2. Forex. Veteran of the PAMM market, with a huge number of responsible and effective managers in its database.
3. FXOpen. Quite a good portal with a good selection of verified PAMM accounts. The FXOpen directory of managers makes it easy to find a partner and start earning capital.
4. RVDMarkets. A promising organization that is rapidly gaining momentum. The platform is ideal for investing a small amount to learn the basics of PAMM trading.

How to open an IIS in Sberbank - step-by-step instructions

You can open an investment account remotely or through a branch, but it is better to choose a method in advance: depending on how you open an IIS, Sberbank will charge fees differently. But first, let's look at the algorithm of actions.

• Through Sberbank Online

Sberbank Internet banking is located at online.sberbank.ru. Current clients use it to manage accounts, deposits and cards. You can also manage brokerage accounts through this service, incl. IIS. To open an investment account:

1. Log in to your Sberbank Online personal account.
2. In the top menu, click “Other”, then “Brokerage Services”.
3. Click the “Open account” link, type – “Individual investment account”.
4. Choose the conditions - trust or independent management, strategy, etc.
5. Specify the account to which funds will be withdrawn.
6. Finally confirm the opening of the IIS

Investment accounts are opened remotely through several other services: the Sberbank Online mobile application, as well as a personal account in Sberbank Asset Management. The algorithm of actions in them is similar.

Open an IIS in Sberbank

Attention! Only those clients who have a confirmed account on the State Services portal - gosuslugi.ru can create an IIS and conduct transactions without visiting the office.

• Through the nearest branch

To conclude an agreement in person, you can contact the office of the Management Company - the Management Company of Sberbank, or an authorized branch of the bank - one that provides brokerage services. There is no point in simply going to the nearest Sberbank branch: it may not provide investment services.

Important! If you open an IIS personally, then Sberbank’s remuneration will consist of two parts - a remuneration for placing assets in the amount of 1% for replenishment + a remuneration for managing the account in the amount of 1 to 1.7% of the annual balance. And when opening an IIS online, the investor saves - he is not charged a management fee. Please take this difference into account to avoid overpaying.

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Video instructions on how to open an IIS in Sberbank Online

What you need to know about choosing a broker

The first stage of opening your own investment account is choosing a broker. Today, services are provided by a lot of companies - various large Russian banks and brokerage organizations.

The choice should be made only on well-known ones. However, there are many options here too.

To determine where it is better to open an IIS, you should consider several key factors:

1. The size of commissions for conducting transactions is different for everyone. Pay attention to this, even a tenth of a percent will affect the final profit.
2. Not every broker allows you to withdraw dividends and interest income to a bank account.
3. Management companies require you to top up your deposit immediately after opening an IIS. Moreover, the minimum amounts can be set at their discretion.
4. Some intermediary organizations open accounts only in the office, others only online, and others support both methods.
5. Availability of markets. Different organizations have their own conditions, for example, Promsvyazbank brokers do not provide the opportunity to trade in foreign exchange and derivatives.
6. Minimum deposit. It can be different: 50 thousand rubles, and 300 thousand.

Important: There are two ways to conduct trading: independently, when all operations are carried out by the investor himself, and trust management - the money is managed by the management company (management company) according to a specific strategy.

The second option will allow you to extract maximum profitability without putting in any effort, and the first will teach you how to play on the stock exchange and not depend on the requirements and strategy of the management company.

Before you start comparing brokers' conditions, you need to determine your own priorities. Newbies to the stock market are often offered to immediately switch to trust management - open an IIS, invest the required amount and control capital gains.

The strategy is developed by the management company, forming an investment portfolio. The promised profitability is twice as high as the profit from simply owning OFZs.

At the same time, investor skills can only be developed by independently investing money in various assets. The best option is to find a broker that provides both options.

Required documents

Unlike applying for a loan, opening an IIS does not require a special package of documents: Sberbank will not assign a credit rating or associate you with an employer. All you need to take with you is:

• Passport;
• SNILS.

Already on site, a Sberbank employee will issue a personal questionnaire and attachments to it, an agreement on opening a brokerage account, a table with codes and an act of acceptance and transfer (to confirm transactions on the investment account). The fact that the IIS is open will be reported via SMS and notification in your personal account.

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Methods for opening an IIS

This type of account is a convenient tool for those Sberbank clients who carry out brokerage activities or plan to receive income from changes in the value of shares/bonds on stock exchanges. It is important to mention the fact that not all branches of the credit institution in question have the opportunity to open such an account. For this reason, before visiting a branch of a credit institution to create an IIS, you need to contact its employees and make sure that such a service is provided.

There are the following methods for making a preliminary request to create the account in question:

1. You can leave a request on the Internet portal of the credit institution in question.
2. You can also contact the contact center operator of the credit institution in question to submit a request.
3. If you have an account in the online service of the credit institution in question, then you can submit a request to open an IIS using it.
4. Filling out a request to open an individual investment account in a branch of the credit institution in question.

You must be aware of the fact that, regardless of which method of completing the request you decide to use, in order to sign a contract for opening an IIS, you will have to visit a branch of the credit institution in question.

The process of opening the investment account in question includes the following steps:

1. At the very beginning, you must submit a request to open such an account.
2. At the next stage, an employee of the credit institution in question draws up a contract, to sign which you will have to visit a bank branch. If necessary, before signing the contract, you can receive advice regarding the specifics of the account in question, as well as the current tariffs.
3. Once the contract is signed, the credit institution employee will open an account in your name. You will also be assigned a special code necessary for your identification. This code, as well as additional information, will be sent to the email you provided.
4. At the final stage, you will need to top up your IIS balance, after which you will be able to take part in trading on the stock exchange.

Immediately after completing the necessary operations to open an IIS, experts recommend choosing the appropriate option for applying tax benefits. In fact, you can make the final decision on choosing the appropriate option for applying tax benefits immediately before closing the account, but it is best to do this in advance.

Currently, the following types of tax benefits are available to IIS holders:

1. Opportunity to receive tax deductions for each IIS replenishment.
2. Receive an exemption from having to pay income tax until the expiration date of the account in question.

Each investor has the right to choose the type of tax benefits that will be most beneficial for him. To make the choice easier, we'll take a closer look at each type of tax benefit available.

Conditions and tariffs of Sberbank for IIS

Regular investment accounts and accounts with trust management are opened at Sberbank. If you choose the second option, then you de facto enter into an agreement with the Management Company - the Management Company of Sberbank. What does this give in practice:

Self-managed information system. In this case, Sberbank acts as an ordinary broker - an agent through which securities are bought and sold. At the same time, the investor himself decides in which assets to invest money and conducts transactions himself. Such investment accounts are cheaper to maintain.

IIS with trust management (DM). For his part, the investor chooses a strategy - with high or low risk, the predominance of a certain asset in the portfolio, etc. But then all transactions on the account are carried out by the manager - the financial analyst. Nothing is required from the investor, but a fee must be paid separately for the remote control.

The full list of tariffs is impressive: assets can be purchased on different markets, where their own commissions apply, and within the framework of different strategies.
But in the most general form, the conditions for IIS are as follows: Conditions for IIS in Sberbank

Sberbank investments - program for individuals

Offered in October 2021, the service has proven to be a sought-after product. In other words, this is a kind of catalog where the client chooses various ways to earn passive income. You can use the service either independently or with the assistance of investment specialists.

During the restrictions imposed due to the COVID-19 pandemic, this solution has become especially relevant, since you do not need to leave your home to invest. The service is integrated into the official website of the bank, which protects against attackers getting to a fake website.

From the menu offered at the top, you can go to any subsection of the investment service. You just need to go to the “Investments” section to get:

— a list of ready-to-use financial and investment products;

— access to chat for communication with technical support and investment analysts;

— a detailed description of the proposed tariffs and fees.

How to invest yourself and what to buy

For those who decide to manage the account themselves, the investment scheme looks something like this:

1. Open an IIS in Sberbank.
2. Top up your investment account.
3. Start acquiring assets.
4. Sell ​​securities when market values ​​change.
5. Buy new assets and store until the price rises.

With an investment account you can trade government and corporate bonds, investment bonds of Sberbank, shares of the Moscow Exchange, ETFs, etc. Bankiros.ru has already discussed in detail what is the difference between the described assets and which of them are more profitable.

What ready-made strategies does Sberbank offer?

IIS with ready-made strategies is now the most popular at Sberbank. The reasons are clear: an account with a remote control does not require any special competencies from the investor - you just need to choose a strategy, and then the experts will do everything. The number and content of strategies at Sberbank are constantly changing (those that are no longer valid are archived). Below we will consider only current strategies.

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Cumulative - in bonds

A safe strategy for investors who do not want to take risks. By connecting one, you will not earn much, but with a high degree of probability you will save your savings and even increase them.

• The strategy's investments are in government bonds of the largest companies in the Russian Federation.
• Investments in bonds - through the purchase of mutual fund investment units.
• The goal is to obtain a return higher than the deposit one due to coupon income, an increase in the exchange rate, as well as operational portfolio management.
• Suitable for investors over 18 years of age with an income level of RUB 50,000 or more. and spending - up to 50,000 rubles.

Alternatives for investing available funds

It is not at all necessary to invest in PAMM. There are a huge number of financial instruments on the market, by investing in which you can make good money.

The most profitable investment options are:

• real estate;
• Mutual Funds and ETFs;
• precious metals and jewelry;
• cryptocurrencies;
• Internet projects.

The acquisition of land, houses and apartments will allow:

• perform profitable resale;
• rent out premises for a long term;
• make a profit due to passive growth in real estate value.

A serious disadvantage of real estate is the large amount of money required to purchase assets and potential problems with tenants.

Stock assets have recently enjoyed unprecedented popularity among investors. Business plans based on investing in various stocks allow you to accumulate good capital over a period of time.

Gold and silver bars are one of the most reliable assets. Precious metals do not lose their value at all and can serve as an excellent way to preserve capital for a long time. The only downside to bullion is the 16% sales tax.

Cryptocurrencies are a relatively new topic of earning money. The crypto-asset market has grown by more than 1000% since 2021. At the end of 2017, the cost of the first cryptographic currency reached a record 20,000 US dollars, and today the price of Bitcoin has fallen to $6,000. Such a pattern of behavior may indicate high market volatility, which, in turn, is an excellent opportunity to quickly increase the investor’s money.

Internet projects are also a good option for investing funds. Your own website dedicated to popular topical topics can generate decent passive income from advertising.

Before investing in a new market, it is necessary to calculate the Schwager coefficient and study the entire situation in detail. This approach will significantly reduce risks.

Currently reading: Pamm accounts from Forex company

How to top up your account

Today, the main way to manage accounts is remotely. In particular, you can replenish your IIS through Internet banking. For this:

1. Open the desktop version of Sberbank Online.
2. In the top menu, click “Other”, then “Brokerage Services”.
3. Click the “Top up account” button.
4. Select a market: for ruble replenishment, stock, foreign exchange, futures and over-the-counter are available, and replenishment in foreign currency. currency - only foreign exchange and over-the-counter.
5. Specify the contract code, details for debiting funds and enter the amount.
6. Confirm the top-up by entering the one-time code from the SMS message.

The money will arrive in your account within five minutes. When replenishing via a smartphone, there are differences - first you need to select the “Payments” section → sub-item “Payments” → “Others”. Then enter “Replenishment of a brokerage account” in the search field - there are no more differences from desktop Sberbank Online.

Refill

You can also top up your IIS through the branch. To do this, tell the operator that you want to deposit money into an investment account, and name the market - futures, foreign exchange, stock or over-the-counter. Then indicate the IIS number and the top-up amount. Unlike replenishing funds in Sberbank Online, it takes longer for money to be transferred to your account through a cash desk—within an hour.

Features of investment accounts

IIS has its own characteristics:

1. Tax benefits. The investor can return 13% of the amount credited to the account or be exempt from paying personal income tax.
2. To maintain benefits, the account cannot be closed within three years after opening.
3. One person can only have one active investment account.
4. You cannot withdraw funds from your account for three years. It is not prohibited to switch to another intermediary.
5. An individual investment account can only be opened in national currency (rubles).
6. The maximum replenishment amount is up to 1 million per year.

How to get a tax deduction

The main advantage of an IIS over an ordinary brokerage account is two types of tax benefits. Let's figure out how to get them:

1. Register on the Federal Tax Service website if you have not done so before. It is convenient to submit declarations and make payments through your personal account.
2. Get a non-qualified electronic signature. Replaces the signature under documents, which is put personally.
3. Prepare the necessary documents. You will need a 2-NDFL certificate, a scan of the service agreement with Sberbank and confirmation of the transfer of funds to the IIS*.
4. Fill out the 3-NDFL declaration.
5. Submit an application for a tax deduction using IIS.
6. Wait until the Federal Tax Service reviews the declaration and transfers the money - this may take several days.

*How to confirm the transfer of funds to the Sberbank IIS? If you replenished your investment account with cash, then you need a cash receipt order. If transferred from a bank account - payment order. If the money came to the IIS from another brokerage account, then attach the payment order and the broker’s report to the declaration.

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What are the disadvantages and advantages

The main advantages of IIS are:

• there is no minimum investment threshold;
• Possibility to return income tax;
• You are allowed to top up your account at any time;
• early closure of the IIS is provided (but in this case the client loses the right to a tax deduction);
• You can change the management company, choosing more favorable conditions for yourself.

In general, IIS is an interesting alternative to classic deposits

. Such accounts are encouraged by the state with tax incentives; they are more profitable, subject to competent investment activities. But in order to minimize risks, clients should trust funds to trusted management companies that choose investment strategies that are less profitable, but have virtually no losses.

Despite the advantages , such accounts also have a number of disadvantages.

. Clients can only purchase securities of Russian companies. The deposited funds are not insured; they can be lost if the management company goes bankrupt (if assets have not yet been acquired) or the bank’s license is revoked. But, since Sberbank is the largest bank in the system, for clients who have opened an IIS, all risks are minimized.

In addition, there is no possibility to withdraw savings; restrictions have been introduced on the maximum investment amount. Income from investment activities will be received after 3 years.

How to close an IIS of Sberbank?

There is no need to purposefully terminate the service agreement with Sberbank: the IIS is automatically closed 5 (five) days from the date when the client initiated the withdrawal of money after receiving income from the account. If you want to switch to another broker or simply stop being serviced by the bank:

1. Visit an authorized Sberbank branch or management company office.
2. Submit a notice of withdrawal of funds and/or securities (this means closing the investment account).
3. Indicate the details by which the account balance will be transferred.

It will also take five days to close the account at the initiative of the investor.

Notification of withdrawal of funds

Characteristics

Such accounts have gained extraordinary popularity recently. Many people have heard about Forex at least once - this is also a variant of pamm accounts, just like sports betting or cryptocurrency trading.

Profitability on a PAMM account consists of the following components:

• a manager who opens a PAMM account with his own funds and works successfully for some time (about 3 months). Then he has a way to attract investors and set conditions;
• the investor selects a manager to whom he entrusts the funds. If he makes the right choice, he will receive income.

When choosing a manager, it is important to pay attention to the following points:

• this manager's trading type. This can be a fast-paced, aggressive manner of conducting transactions, with high risks. By acting in this way, the manager quickly earns a lot of money, but can quickly lose everything. Or there may be a conservative approach, where everything is strictly planned and as safe as possible. Such capital circulation will not bring high returns, but it will be stable and guaranteed;
• Experience working directly with PAMM accounts is a very important component. Working in this direction for more than 2 years inspires more confidence than beginners, who still have a lot to learn, sometimes from their own mistakes;
• The profitability of a PAMM account can be easily checked using online resources. To do this, simply view the relevant summaries. The manager's success gives hope for a stable income.