Indices Trading Procedure of Indices Account Opening

Account Examples - To open a Live Indices Account you can go to an online broker website and open Account. Once you go to the broker of your choice & choose this option of opening a Live Indices Account, you'll then have to fill some online indices account opening forms, the indices trading step by step process of filling these indices trading account opening forms is explained in this Open Live Account Lesson Guide - Indices Account Example.

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

How to Open Account

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

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

What Documents Are Required To Open An Online Stock Indices 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 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 account it will not get to be validated until you've completed uploading these accompanying document copies.

Why is a Copy of My ID and Utility Bill Document 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 all brokers ask proof of ID and Residence with your name so as to verify that you are a citizen of the country you claim you are from as well as a a Copy of a Utility Bill that shows your exact location where you reside, this way you cannot 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 stock index 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 broker receives the online indices account opening application forms plus the above documents, your application will be processed and you will be assigned a indices log in number and a indices login password for the live stock indices trading account.

Once you upload these supporting documents your indices trading account will then get verified. Your indices login credentials will be sent to your e-mail address.

This is KYC - Know Your Client, it's more of a legal requirement than mere formality, your 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 broker site. On the my-account area trader cabinet you can deposit money, withdraw money & view trading reports of your stock index broker account.

How to Register Indices Account

To open this stock indices account, a indices has to fill some online indices trading account opening form provided by a stock index broker. The indices 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 broker will also require you upload following supporting documents:

What Documents Are Required To Open An Online Account?

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 index account). Alternatively, use digital camera, upload pictures to your PC computer then upload these saved documents on to your stock index trading account log 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 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 indices account won't be verified - Make sure you upload the above documents to get your indices trading account verified. More than 50% of all the new traders do not succeed in opening their indices trading account because of failure to upload the required supporting documents. If you correctly upload all the required accompanying documents then your account will be verified and you as a trader can use start trading with your account within 5 minutes. Just take color picture of these 2 documents with your smartphone & upload these direct to your broker site using your phone browser.

Where to Upload Copies of Documents on the Indices 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 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 index trading account.

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

Why is a Copy of My Identity Card and a Copy of a 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 all brokers request proof of ID and Residence with your name on so that to confirm that you are a resident of the country you say you're from as well as a Utility Bill that shows the exact location of where you reside, this way you can't 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 stock indices account for a new client.

Once your online broker receives these online indices trading account opening application forms plus the above documents, your application will be processed and you will be assigned a log in number and a password for the live stock index account.

Once your uploaded documents are approved by your 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:

Traders Cabinet Members Area for Making Indices Account Deposit and 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.

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

How to Open Account - How to Open Indices Account - How to Open Live Account - Indices Account Example

Trade Stock Indices