Gold Trading Step by Step How to Open Live XAUUSD Trading Account

Gold Real Account Open Procedure

Gold Trading Account Opening Procedure - To open a Live Gold Trading Account you can go to an online xauusd broker web site & open Gold Trading Account. Once you go to the broker of your choice & select this option of opening a Live Gold Trading Account, you'll then have to fill some online Gold Account Signup Form, gold trading step by step process of filling these xauusd account - Gold Trading Account Opening Form is explained in this Open Live Gold Account Course Lesson - Gold Trading Account Opening Sign up.

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

XAUUSD Trading Step by Step Procedure of XAUUSD Trading Account Opening Procedure

To open this live xauusd trading account, a trader has to fill some online Gold Trading Account Opening Form provided by a xauusd trading broker. The Gold Trading Account Opening Form can be obtained from your online xauusd trading broker.

XAUUSD Real Account Open Procedure

The process of opening a real xauusd trading account is one where your xauusd broker will also require you to upload the following required documents:

What Are the Documents That are Needed To Open An Online Gold Trading Account?

1. Proof of ID - Color copy of ID card or Passport - A color copy of official identification document or valid passport or another document issued by 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 - Color copy of a utility bill - A recent utility bill (example. Electricity, phone, water, gas Internet and/or cable TV connection, bank account statement) dated within last 6 months and validating your signed up address location.

You can use your phone to take the snap-shots of these documents and upload them directly from your phone(this is the best option when signing up a xauusd account). Alternatively you can use a digital camera, upload pictures to your PC computer and then upload these supporting documents to your account

To Find where to upload the required accompanying documents look for the option 'Upload Documents'. Please note after opening your gold trading account it will not get to be verified until the time that you will complete to upload copies of the supporting documents.

Why is a Copy of My ID and Utility Bill Document with My Name Required?

These documents are required by your gold broker to safeguard against any money laundering activity. AML, or Anti Money Laundering Rules require that all gold brokers ask for proof of ID and Residence with your name so that to verify that as a trader you are a citizen of the country you say you are from as well as a copy of a a Copy of Utility Bill that shows your exact location of where you reside, that way you cannot create some fake identity or some fake residence to use for money laundering.

All regulated gold brokers must comply with this requirement prior to opening a xauusd trading account for a new client.

Now once you have scanned or taken pictures of the Gold Account Signup Form:

2.Proof of ID - Color copy of ID card or Passport Document

3. Proof of Residence - Color copy of a utility bill, electricity bill etc. (bill with recent date, dated within the last 6 months).

Upload the above Gold Trading Account Opening Form plus the above document color copies, you can use your camera phone to take color photos of above documents, then download the pictures from your phone to your computer and then upload these pictures from your computer.

Once your online gold broker receives the online Gold Trading Account Opening Form plus the above documents, your application will be processed & you'll be assigned a gold log in number and a gold sign in password for the live xauusd trading account.

Once you upload these supporting documents your gold trading account will then be verified. Your gold login credentials 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 gold broker must follow this policy and try to do everything to know who their client is, so as to safeguard against any money laundering activity.

XAUUSD Real Account Open Procedure

You can then use your details to log into your MT4 platform and start trading on this verified account. You can also use same login details to log in to your trader cabinet on the broker website. On the my-account area trader cabinet you can deposit money, withdraw money & view trading reports of your xauusd trading broker account.

How to Open an Online XAUUSD Trading Account

To open this xauusd trading account, a trader has to fill some online Gold Trading Account Opening Form provided by a xauusd trading broker. The Gold Trading Account Opening Form can be obtained from your online xauusd broker.

The process of opening a real xauusd trading account is one where your xauusd broker will also require you to upload the following required documents:

Gold Real Account Open Procedure

What Are the Documents That are Needed To Open An Online XAUUSD Trading Account?

You can use your phone to take the snap-shots of these documents and upload them directly from your phone(this is the best option when signing up a xauusd account). Alternatively you can use a digital camera, upload pictures to your Desktop computer PC and then upload these saved documents to your xauusd trading account sign in clients area on the site of your xauusd broker

Please note if you do not upload the above required documents your gold trading account will not be verified - Make sure you upload above documents to get your gold trading account verified. More than 50% of all new traders do not succeed in opening their gold account because of the reason that they fail to upload the required accompanying documents. If you correctly upload all the supporting documents then your gold account will be verified & you can begin trading with your trading account within five minutes. Just take color photo of these 2 documents with your smart-phone & upload these supporting documents directly to your xauusd trading broker site using your phone browser.

Gold Real Account Open Procedure

Where to Upload Documents on the XAUUSD Trading Account

Once you've filled the Gold Trading Account Signup Form that your gold broker will have provided you with, you'll get access to your myaccount area client cabinet: This will now then be your xauusd trading account.

'Upload Documents' Button can then be accessed from within this trader cabinet and 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 & you can then begin trading on this xauusd trading account.

This process may seem simple but more than 50% of all new traders do not succeed in opening their gold account due to failure to upload the required accompanying documents.

Why is a Copy of My Identity Card & Utility Bill that Has My Name Required?

These documents are required by your gold broker to safeguard against any money laundering activity. AML, or Anti Money Laundering Rules require that all gold brokers ask for proof of ID and Residence with your name so that to verify that as a trader you are a citizen of the country you say you are from as well as a copy of a a Copy of a Utility Bill that shows your exact location of where you reside, that way you cannot create some fake identity or some fake residence to use for money laundering.

All regulated gold brokers must comply with this requirement prior to opening a xauusd trading account for a new client.

Once your online gold broker receives these online Gold Trading Account Opening Form plus the above documents, your application will be processed & you'll be assigned a log in number and a password for the live xauusd trading account.

Once your uploaded documents are approved by your xauusd broker - your account will then be verified. Your login details will be sent to your email address. Example of a verified account is shown below:

Gold Traders Cabinet Members Area for Making XAUUSD Account Deposit & Withdraw Request

Withdraw and deposit options provided from within the traders cabinet where traders can deposit & make withdraws from the various options provided, for example: Credit Card & Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, MoneyGram and Western Union money transfer methods as shown below.

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

How to Open Gold Account - Gold Trading Account Opening Procedure - How to Open Account - Opening Gold Account Procedure - Gold Trading Account Opening Sign up

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