Account Indices Online Trading
Stock Indices Trading Guide
To open a Live Indices Trading Account you can go to an online stock indices broker site & open one. Once you go to stock indices broker of your choice and select this option, you'll then have to fill some online forms, the indices trading step by step process of filling these forms is described in this tutorial.
With this online trading account you can trade the following: Indices, Indices, Silver, Oil, CFDs, Futures and Stock Indices.
Indices Trading Procedure of How to Open an Online Stock Indices Trading Account
To open this live stock indices trading account, a indices has to fill some online forms provided by a stock indices trading broker. The account opening online form can be obtained from your online stock indices trading broker.
Process of opening a real stock indices trading account is one where your stock indices broker will also require you to upload the following required documents:
What Documents Are Required To Open An Online Indices 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 stock indices trading 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 indices trading account it will not get to be validated until you've completed uploading these accompanying document copies.
Why is a Copy of Identity Card & a Copy of a Utility Bill with My Name Required?
These documents are required by your indices 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 indices brokers must comply with this requirement prior to opening a trading account for a new client.
Now once you have scanned or taken pictures of these indices trading 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 online indices broker receives the online indices trading account opening application forms plus above documents, your application will be processed and you'll be given a login account number & a login password for the live stock indices trading account.
Once you upload these required supporting documents your account will then get validated. Your sign in credentials will be sent to your e-mail address. Example of a verified account is illustrated & shown below:
This is KYC - Know Your Client, it's more of a legal requirement than mere formality, your index broker must adhere to this policy and try to do everything to know details of who their client 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 indices broker site. On the my-account area trader cabinet you can deposit money, withdraw money & view trading reports of your stock indices trading broker account.
Stock Indices Trading Procedure of How to Open an Online Indices Trading Account
To open this stock indices trading account, a indices has to fill some online forms provided by a stock indices trading broker. The account opening online form can be obtained from your online indices trading broker.
Process of opening a real stock indices trading account is one where your stock index broker will also require you upload following supporting documents:
What Documents Are Required To Open An Online Stock Indices 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 stock indices trading 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 indices trading 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 won't be verified - Make sure you upload above documents to get your account verified. More than 50% of all new traders don't succeed in opening their indices trading 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 indices broker site using your phone browser.
Where to Upload Copies of Documents on the Indices Trading Account
Once you have filled and Submitted account registration form that your stock index trade broker will have provided you with, you'll get access to the trader cabinet: This will then now be your stock indices 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 stock indices trading account.
This process may 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 the required supporting documents.
Why is a Copy of Identity Card and a Copy of a Utility Bill that Has My Name Required?
These documents are required by your indices 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 indices brokers must comply with this requirement prior to opening a trading account for a new client.
Once your online indices broker receives these online account opening application forms plus above documents, your application will be processed and you'll be given a log in account number & a password for live stock indices trading account.
Once your uploaded documents are approved by your indices broker - your account will then get validated. Your login details 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 mere formality, your index broker must adhere to this policy and try to do everything to know details of who their client 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 indices broker site. On the my-account area trader cabinet you can deposit money, withdraw money & view trading reports of your stock indices trading broker account.
Stock Indices Traders Cabinet Area for Making Indices Trading Account Deposit & Withdraw Request
Withdraw and deposit options provided from within the traders cabinet area where traders can deposit & 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 techniques as shown below.
