Anyone can open forex real trading account for free. There is no fee , file charges and hidden charges to open an account. But minimum age must be 18. Once you complete the process, your account becomes active for forex trading. It hardly takes 10 minute to open an active forex real trading account. Here I will describe step to open an trading account.
Step 1. Fill Online Form of Forex Broker.
- Browse the best forex broker's website and choose the account type you want to open.
- After choosing account type, a page will display as account opening form. Here you need to provide your personal details as you generally filled to open an Email account or other services form.
These personal details include your Name, Surname, Address Email, Phone/Mobile Number, Date of Birth, Nationality and Password to login for trading. Some forex brokers also require some additional information as your Profession, Annual income and Trading experience.
Once you fill all required information, Submit/Save or Next the page.
Note: Additional details doesn't matter any more but your other personal details must be correct and spell checked before submit them.
- After submit the personal details, an email will be send by the broker on your email address that you provided in personal detail. This email contains your username and password and an confirmation link. Click on this link or paste it on browser address bar and enter. This links redirects you on broker's login page.
- Now your account has been confirmed and Active. You can login your trading account and easily check your status like as your trading account number, your trading balance etc. At this stage your forex trading account is completely ready for trading and its a real trading account. Now to start trading you have to download trading platform and install it on your desktop or mobile device from broker's website and login.
Note: Account balance will show 0.0. To start trading you have to deposit minimum as according to the requirement of account type you chose. It may be $1, $5, $10, $25, $50, $100 and so on. Whenever you make deposit you will become able to buy or sell currency (Forex Trading). There are a number of payment methods to do deposit.
Step 2. Submit Required Documents:
- All forex brokers require some important documents that proves your identity and your address. They match your details with the details you provided on personal details. If they feel it is correct they immediately authenticate and verify your forex trading account.
- The documents (Scanned Copy) you need to submit are:
(i) Personal Identity Card (ID card), Any documents issued by the Government. In which your Name, Photo Date of birth and your Nationality are clearly mentioned.
(ii) Address Proof, The document of your address or your residential address such as passport, Driving Licence, Bank statement etc. in which your name
and address are mention.
- Once you collect these documents, scan and upload these documents from your trading account member/personal area. To go for member area you have just login your trading account on broker's website. you can also email these documents to brokers.
- After the submission of documents, your forex trading account will be verify within 24 hours. Although it hardly takes 2 -5 hours.
There is no worry if you complete Step 1 and start trading with some deposit but when you want to withdraw your earned profit or all deposit fund. You must complete Step 2 means you must have to submit/upload a scanned copy of documents to withdraw your fund.
Documents submission occurs only once and after that you can do trading without the worry of withdrawal.
I personally advise you, open account but don't deposit money until you submit the documents and gets verified by broker. Once your account verified for withdrawal, you can start trading with some deposit.
Before start trading
read forex basic terms and also look the most popular forex broker.
This is the complete process of Open Real Forex Trading Account and completely free account. If any query write me. I'll feel glad to solve your problems.
No comments:
Post a Comment