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A securities account, also known as a brokerage account, is an investment account used to hold financial assets such as stocks, bonds, mutual funds, and ETFs on behalf of an investor, allowing them to buy and sell these securities. There are two main options when opening a brokerage account: a cash account or a margin account. Securities can include various investments, such as stocks, bonds, mutual funds, ETFs, and other marketable securities. The value of assets in a securities account can fluctuate and can even decline. A securities account differs from a bank account in that it holds securities and some cash, whereas a bank account only holds cash deposits. Some brokerage accounts may provide a debit card and allow you to write checks.