Stock Indices Lesson for Opening Real Trading Account Stock Account

Opening Account Account

How to Register Account

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

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

Trading Guide of How to Open Trading Account

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

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

What Documents Are Needed To Register A Trading 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 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 trading account it'll not get to be verified until you have completed uploading these accompanying document copies.

Why are Copies of My ID & Utility Bill Document with My Name On It Required?

The accompanying documents are required by your broker to safeguard against money laundering. AML, or Anti Money Laundering Regulations necessitate that every online broker asks for proof of ID & Residence which has your name so that to verify and certify that you're a resident citizen of the country that you state that you come from as well as a Utility Bill copy that shows your particulars of exact place where you reside, this way you can not create a fake identity or 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 trading account sign up forms:

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

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

Once you upload these required supporting documents your account will then get validated. Your sign in credentials will be sent to your email address. An example of a verified trading account is pictured 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 stock software & begin trading on this verified trading account. You can also use the same indices 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.

Trading Guide of How to Open Trading Account

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

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

What Documents Are Needed To Open Trading 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 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 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 trading account will not be verified - Make sure you upload above required accompanying documents to get your account verified. More than 50% of all new traders do not succeed in opening their trading account due to the reason that they fail to upload required supporting documents. If you correctly upload all the required accompanying documents then your trading account will be verified & you as a trader can use begin trading with your trading account within five minutes. Just take a color picture of these 2 documents with your smartphone and upload these directly to your broker site using your phone browser.

Where to Upload Copies of Documents on the Stock Account

Once you have filled & Submitted account registration form that your stock 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 trading account.

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

Why is a Copy of My ID and Utility Bill Document that Has My Name Required?

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

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

Once your broker receives these trading account sign up application forms plus the above documents, your application will be processed and you'll be given a log in account number & a password for the real account.

Once your uploaded documents are approved by your broker - your trading account will then get verified. Your sign in credentials will be sent to your email address. Example of a verified account is illustrated & 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.

Traders Cabinet Members Area for Making Stock Account Deposits & Withdraws Request

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