Indices Step by Step How to Open Trading Account

How to Register Account

How to Open a Account - To open a Trading Account you can go to an online stock broker web site & open Trading Account. Once you go to the broker of your choice & select this option of opening a Account, you will then have to fill some online Trading Account Signup Form, trading step by step method of filling these stock account - Trading Account Opening Form is explained in this Open Account Tutorial Lesson - Trading Account Sign up.

With this online trading account you can trade the following: Indices, Online Stocks, Indices, Silver, Oil, CFDs, Futures and Stock Indices.

How to Open a Account

To open this stock trading account, a indices has to fill some online Account Registering Form provided by a stock trading broker. The Trading Account Opening Form can be obtained from your online stock trading broker.

How to Register Account

Process of opening a stock account is one where your broker will also require you to upload following required accompanying documents:

How to Open a Account

1. Proof of ID - Color copy of ID card or Passport Document - A color copy of official identification document or valid passport or or another official document that is issued by the authorities (example. Driver's license, identity card, etc). The identification document must have the client's full name, an issue or expiry date, client's place and date of birth or tax identification number and client's signature.

2. Proof of Residence Address - Color copy of utility bill - A recent utility bill (example. Electricity, gas, water, phone, oil, Internet and/or cable TV connection, bank account statement) dated within the last 6 months and confirming your signed up address location.

You can use your phone to take photos of these documents and upload them direct from your phone(this is the best option when opening a stock trading account). Alternatively, use digital camera, upload the pictures to your PC desktop computer then upload these supporting documents on to your account

To Get where to upload these supporting documents search for option "Upload Documents". Please note after opening your indices trading account it'll not get to be verified until you have completed uploading these accompanying document copies.

Why is a Copy of ID and Utility Bill Document with My Name On It Required?

The documents are required by your indices broker to safe guard against money laundering. AML, or Anti Money Laundering Regulations necessitate that all indices brokers request proof of ID and Residence with your name so that to verify that you are a resident of the country you state you are from as well as a Utility Bill that shows your exact place where you reside, this way you cannot create a fake identity or fake residence to use for money laundering.

All regulated brokers must comply with this requirement prior to opening a stock account for a new client.

Now once you have scanned or taken pictures of the Account Opening Form:

2.Proof of ID - Color copy of ID card or Passport Document

3. Proof of Residence Details - A Color copy of utility bill, electricity bill etc. (bill with a recent date, dated within the last six months).

Upload the above Trading Account Opening Form plus above document color copies, you can use your camera phone to take the color pictures of the above documents, then download the pictures from your phone to your PC computer & then upload these pictures from your computer.

Once your online indices broker receives the online Account Opening Form plus the above documents, your application will be processed & you will be assigned a indices log in number & a indices log in password for the stock trading account.

Once you upload these accompanying documents your account will then get verified. Your indices sign in credentials will be sent to your e-mail address.

This is KYC - Know Your Client, it's more of a legal requirement than a mere formality, your broker must follow and comply with this policy & try to do everything they can so as to know who their client is, in order to guard against money laundering activities.

How to Register Account

You can then use your details to log into your MT4 platform and begin trading on this verified account. You can also use same login credentials to sign in to your trader cabinet on the broker website. On myaccount area trader cabinet you can deposit money, withdraw money & view trading reports of your stock trading broker account.

Online Account Registration

To open this stock trading account, a indices has to fill some online Account Registering Form provided by a stock trading broker. The Trading Account Opening Form can be obtained from your online broker.

Process of opening a stock account is one where your stock broker will also require you to also upload the following accompanying documents:

How to Register Account

What Documents Are Required To Open An Online Account?

1. Proof of ID - Color copy of ID card or Passport Document - A color copy of official identification document or valid passport or or another official document that is issued by the authorities (example. Driver's license, identity card, etc). The identification document must have the client's full name, an issue or expiry date, client's place and date of birth or tax identification number and client's signature.

2. Proof of Residence Address - Color copy of utility bill - A recent utility bill (example. Electricity, gas, water, phone, oil, Internet and/or cable TV connection, bank account statement) dated within the last 6 months and confirming your signed up address location.

You can use your phone to take photos of these documents and upload them direct from your phone(this is the best option when opening a stock account). Alternatively, use digital camera, upload pictures to your PC computer then upload these saved documents on to your stock trading account sign in clients area on the site of your indices broker

To Get where to upload these supporting documents search for option "Upload Documents". Please note after opening your indices trading account it'll not get to be verified until you have completed uploading these accompanying document copies.

Please note if you do not upload above documents your indices trading account will not be verified - Make sure you upload the above documents to get your indices account verified. More than 50% of all the new traders do not succeed in opening their indices account because of failure to upload the required supporting documents. If you correctly upload all required accompanying documents then your indices trading account will be verified & you as a trader can use begin trading with your trading account within 5 minutes. Just take color photo of these two documents with your smartphone & upload these docs directly to your stock broker site using your phone browser.

How to Register Account

Where to Upload Copies of Documents on the Account

Once you've filled the Account Signup Form that your broker will have provided you with, you will get access to the client cabinet: This will then now be your trading account.

The "Upload Documents" Button can then be accessed from within this client cabinet and as a trader you can upload your-documentsthe-required-documents using this button.

Once you complete uploading correct documents on the "Account Verification" on your trading account will reflect as Validated and you can then start trading on this stock trading account.

This process might seem simple but more than 50% of all new beginners do not succeed in opening their indices trading account due to the reason that they fail to upload required supporting documents.

Why is a Copy of My Identity Card & Utility Bill that Has My Name Required?

The documents are required by your indices broker to safe guard against money laundering. AML, or Anti Money Laundering Regulations necessitate that all indices brokers request proof of ID and Residence with your name so that to verify that you are a resident of the country you state you are from as well as a Utility Bill that shows your exact place where you reside, this way you cannot create a fake identity or fake residence to use for money laundering.

All regulated brokers must comply with this requirement prior to opening a stock account for a new client.

Once your online indices broker receives these online Account Opening Form plus the above documents, your application will be processed & you will be assigned a sign in number & a password for the stock trading account.

Once your uploaded documents are approved by your indices broker - your account will then get validated. Your sign in credentials will be sent to your email address. Example of a verified account is illustrated and shown below:

This is KYC - Know Your Client, it's more of a legal requirement than a mere formality, your broker must follow and comply with this policy & try to do everything they can so as to know who their client is, in order to guard against money laundering activities.

You can then use your details to log into your MT4 platform and begin trading on this verified account. You can also use same login credentials to sign in to your trader cabinet on the broker website. On myaccount area trader cabinet you can deposit money, withdraw money & view trading reports of your stock trading broker account.

Stock Traders Cabinet Members Area for Making Account Deposit and Withdraw Request

Withdraw and deposit options provided from within the traders cabinet area where traders can deposit and make withdraws from the various options provided, for examples: Credit Card and Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, MoneyGram and Western Union money transfer methods as shown below.

Open a account - As you complete this learn course, open an account early as it only takes a few minutes to open & validate your account early.

How to Open Account Guide - How to Open Trading Account - How to Register Account - Opening Account Guide - Trading Account Sign up