MT4 Indices Trading Account
Indices Trading Procedure
How to Open MetaTrader 4 Indices Trading Account
To open a MT4 Indices Trading Account you can go to an online stock indices trading broker web-site & open a How to Open MT4 Indices Trading Account. Once you go to the broker of your choice & select this MT4 Indices Trading Account Opening option, you'll then have to fill some online forms, indices trading step by step process of filling these forms is described in this tutorial - MT4 Indices Account Opening Procedure.
With this MT4 Indices Trading Account you can trade the following: Indices, Indices, Silver, Oil, CFDs, Futures and Stock Indices.
Stock Indices Trading Procedure of How to Open an Online MetaTrader 4 Stock Indices account
To open this MetaTrader 4 stock indices trading account, a indices has to fill some online indices account opening form provided by a stock indices trading broker. The indices trading account opening form can be obtained from your online stock indices trading broker.
Process of opening MetaTrader 4 stock indices account is one where your stock index broker will also require you to upload the following required documents:
What Documents Are Required To Open An Online MetaTrader 4 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.
Why is a Copy of ID and Utility Bill Document with My Name On It 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 MT4 stock indices 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 MetaTrader 4 indices trading account opening application forms plus above documents, your application will be processed & you'll be given a login account number & a log in password for the MT4 stock indices trading account.
Once you upload these required supporting documents your account will then get validated. Your login details will be sent to your email address. An example of a validated stock indices trading account is shown below:
This is KYC - Know Your Client, it is more of a legal requirement than a mere formality, your index 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 indices software & begin trading on this verified indices 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 indices trading broker account.
Indices Trading Procedure of How to Open an Online MT4 Indices account
To open this MetaTrader 4 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 broker.
Process of opening MetaTrader 4 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 MT4 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 indices 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 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 Stock Indices Trading Account
Once you have filled & Submitted account registration form 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 client cabinet & as a trader you can upload your documents using this button key.
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 beginners do not succeed in opening their MT4 indices trading account due to the reason that they fail to upload required supporting documents.
Why is a Copy of My 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 account for a new client.
Once your online indices broker receives these online account opening application forms plus the above documents, your application will be processed and you will be assigned a log in number & a password for the MT4 stock indices trading account.
Once your uploaded documents are approved by your indices broker - 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 is more of a legal requirement than a mere formality, your index 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 indices trading broker account.
Stock Indices Traders Cabinet Members Area for Making Indices Account Deposit and 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.
