Indices Trading Open a Live Indices Trading Account
The indices trading step by step procedure of how to open a live indices trading account:
Stock Indices Trading Procedure
To open a Live Indices Trading Account you can go to an online stock indices broker site & open one. Once you navigate 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 stock indices 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 indices trading sign up account opening online form can be obtained from your online stock indices trading broker.
Process of opening a real stock indices 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 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 indices 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 are Copies of My Identity Card & Utility Bill with My Name Required?
These documents are required by your indices 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 indices 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 indices trading account opening 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 online indices broker receives the online indices trading account opening application forms plus the above documents, your account application will be processed and you will be assigned a log in number & a login password for the live stock indices trading account.
Once you upload these supporting documents your indices 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 index broker must adhere and follow this policy & try and do everything to know who their client really is, in order to guard against money laundering activities.
You can then use your stock indices account sign in details to log into your MT4 stock indices software & begin trading on this verified indices trading account. You can also use same account login credentials to log 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 indices trading broker account.
Stock Indices Trading Procedure of How to Open an Online Indices Trading Account
To open this Indices Trading real account, a beginner trader has to fill some online forms provided by a stock indices trading broker. The indices trading sign up account opening online form can be obtained from your online indices broker.
Process of opening a real stock indices 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 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 indices 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.
Please note if you do not upload above documents your account will not 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 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 stock indices broker site using your phone browser.
Where to Upload Copies of Documents on the Indices Trading Account
Once you've filled the indices trading account opening forms that your stock index broker will have provided you with, you will get access to the client cabinet: This will then now be your stock indices trading account.
The "Upload Documents" Button can then be accessed from within this indices client cabinet & as a trader you can upload your 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 indices trading account.
This process might seem simple but more than 50 % of all new beginner traders don't succeed in opening their indices trading account due to the reason that they fail to upload required supporting documents.
Why is a Copy of Identity Card & Utility Bill that Has My Name Required?
These documents are required by your indices 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 indices brokers must comply with this requirement prior to opening a stock indices account for a new client.
Once your online indices broker receives these online indices trading account opening application forms plus the above documents, your account application will be processed and you will be assigned an account sign in number & a password for the live stock indices trading account.
Once your uploaded documents are approved by your indices broker - your indices account will then get verified. Your stock indices trading account log in details 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 index broker must adhere and follow this policy & 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 stock indices software & begin trading on this verified indices trading account. You can also use the same stock indices trading account log in details to login to your trader cabinet on indices broker website. On myaccount 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 Account Deposit & Withdraw Request
Withdraw and deposit options provided from within the traders cabinet area where stock indices 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 & Western Union money transfer techniques as illustrated below.
Open a live indices account - As you complete this learn Indices Trading course, open a indices account early as it only takes a few minutes to open & validate your indices trading account early.
