Trading Guide for Opening Real Account Trading Account

Indices Trading Procedure of Opening Broker Account

How to Open Real Account

To open a Trading Account you can go to a broker web site & open Real Account. Once you go to stock broker of your choice and select this Trading Live Account Registration option, you will then have to fill some forms, the trading step by step procedure of filling these forms is described in this tutorial - Opening Account - Opening Account Registration Procedure.

With this Opening Real Account you can trade the following: Indices, Indices, Silver, Stock Indices, Oil, Futures and CFDs.

Indices Trading Method of How to Open Trading Account

To open this real stock indices account, a has to fill some account opening form provided by a stock broker. The trading account opening form can be obtained from your stock broker.

Process of opening a Live Account is one where your stock broker will also need you to upload the following required documents:

Which Documents Are Needed To Open A Account?

1. Proof of ID - Color copy of ID card or Passport - A color copy of official identification card or valid passport document or other 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, the client's place & date of birth or tax identification number & client's signature.

2. Proof of Residence Location - Color copy of a utility bill - A recent utility bill (e.g. Electricity, water, gas, Internet or cable TV connection, phone, oil, bank account statement) dated within last Six months & validating your registered address.

You can use your phone to take photos of these documents & upload them directly from your phone(this is the best option when opening a account). Alternatively, use digital camera, upload the pictures to your 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 account it will not get to be validated until you've completed uploading these accompanying document copies.

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

These documents are required by your broker to safe guard against money laundering. AML, or Anti Money Laundering Rules necessitate that every online broker asks for proof of ID & Residence which has your name so that to confirm and certify that you are a resident citizen of the country that you say that you come from as well as a Utility Bill copy that shows your particulars of exact location where you reside, this way you can not create a fake identity or a fake residence to use for money laundering.

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

Now once you have scanned or taken pictures of these account opening forms:

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

3. Proof of Residence - Color copy of a utility bill, electricity bill etc. (bill with a recent date, dated within the last 6 months).

Upload the above account sign-up application forms plus above accompanying required document color copies, you can use your camera phone to take color pictures of above documents, then download the photos from your phone to your PC computer and then upload these photos from your Desktop PC computer.

Once your broker receives the account opening application forms plus the above documents, your application will be processed and you'll be given a login account number & a log in password for the Real Account.

Once you upload these required supporting documents your account will then get validated. Your sign-in details will be sent to your e mail address. An example of a validated account is pictured below:

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

You can then use your details to log into your MT4 trading software & begin trading on this verified account. You can also use the same indices log in credentials to sign in to your trader cabinet on the broker site. On the my-account area trader cabinet you can deposit money, withdraw money & view trading reports of your stock broker account.

Stock Indices Trading Method of How to Open Trading Account

To open this account, a has to fill some account opening form provided by a stock broker. The trading account opening form can be obtained from your broker.

Process of opening a Live Account is one where your broker will also require you upload following supporting documents:

What Documents Are Needed To Open Trading Account?

1. Proof of ID - Color copy of ID card or Passport - A color copy of official identification card or valid passport document or other 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, the client's place & date of birth or tax identification number & client's signature.

2. Proof of Residence Location - Color copy of a utility bill - A recent utility bill (e.g. Electricity, water, gas, Internet or cable TV connection, phone, oil, bank account statement) dated within last Six months & validating your registered address.

You can use your phone to take photos of these documents & upload them directly from your phone(this is the best option when opening a account). Alternatively, use digital camera, upload the pictures to your 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 account it will not get to be validated until you've completed uploading these accompanying document copies.

Please note if you don't upload above documents your account will not be verified - Make sure you upload the above documents to get your account verified. More than 50% of all the beginners do not succeed in opening their account due to failure to upload required supporting documents. If you correctly upload all the required accompanying documents then your account will be verified and you can begin trading with your account within 5 minutes. Just take color picture of these 2 documents with your smartphone & upload these direct to your stock broker site using your phone browser.

Where to Upload Copies of Documents on the Trading Account

Once you have filled and Submitted account registration form that your broker will have provided you with, you'll get access to the client cabinet: This will then now be your trading account.

'Upload Documents' Button Key can then be accessed from within this myaccount area myaccount area client cabinet & as a trader you can upload your documents using this button.

Once you complete uploading the correct documents on 'Account Verification' on your account will reflect as Validated and you as a trader can use then begin trading on this account.

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

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

These documents are required by your broker to safe guard against money laundering. AML, or Anti Money Laundering Rules necessitate that every online broker asks for proof of ID & Residence which has your name so that to confirm and certify that you are a resident citizen of the country that you say that you come from as well as a Utility Bill copy that shows your particulars of exact location where you reside, this way you can not create a fake identity or a fake residence to use for money laundering.

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

Once your broker receives these account opening application forms plus the above documents, your application will be processed and you'll be given a login account number & a password for the real stock indices account.

Once your uploaded documents are approved by your broker - your trading account will then get verified. Your log in details will be sent to your e mail 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 adhere and follow this policy and try and do everything to know who their client really is, in order to guard against money laundering activities.

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

Stock Traders Members Area for Making Account Deposit & Withdraw Request

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