Gold Step by Step How to Open Live Account
XAUUSD Live Account Registration Procedure
Trading Account Opening Procedure - To open a Live Account as a trader you can go to an online broker website and open Account. Once you go to broker of your choice and choose this option of opening a Real Account, you'll then have to fill some online Account Signup Form, trading step by step procedure of filling these account - Trading Account Opening Form is explained in this Open Live Account Course Lesson - Trading Account Opening Sign up.
With this online trading account you can trade the following: XAUUSD, Online Stocks, Gold, Silver, Oil, CFDs, Futures and Stock Indices.
XAUUSD Step by Step Method of Account Opening Procedure
To sign up this real account, one has to fill some online Trading Account Opening Form provided by a trading broker. The Account Opening Form can be obtained from your online trading broker.
XAUUSD Live Account Registration Procedure
The process of opening a live account is one where your broker will also require you to also upload the following supporting document copies:
What Are the Documents That are Required To Register An Online Account?
1. Proof of ID - Colour copy of Identity card or Passport - A colour 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 names, an issue or an expiry date, client's place and the date of birth or tax identification No. And the client's signature.
2. Proof of Residence - Coloured copy of a utility bill - recently dated utility bill (example. Electricity, phone, water, gas Internet connection, pay TV connection, bank account statement) dated within the last 3 months and validating your signed up address location.
You can use your phone device to snap the snap-shots of these documents & upload them directly from your mobile phone(this is the best option when signing up a account). Alternatively you can use a digi camera, upload pictures to your desktop PC computer and then upload these supporting documents to your trading account
To Find where to upload the required supporting documents look for the option 'Upload Docs'. Please take note that after opening your trading account it will not get to be validated until the time that you'll complete to upload copies of the accompanying docs.
Why is a Copy of My ID and Utility Bill Document with My Name Needed?
The docs are required by your online broker to safeguard against any money laundering activity. AML, or Anti-Money Laundry Guidelines require that all brokers request for proof of ID and Residential location with your full name so that to validate that you as the trader you are a citizen of the particular country you claim you are from as well as a copy of Utility Bill that portrays your exact location details of where you reside, that way you can not create some fake identity or fake residence to use for money laundry.
All regulated brokers must comply with this requirement prior to opening a account for a new client.
Now once you have scanned or taken pictures of the Account Signup Form:
2.Proof of ID - Coloured copy of Identity card or Passport Document
3. Proof of Residence - Coloured copy of a utility bill, electricity bill etc. (bill with a recent date, dated in the last 3 months).
Up-load the above 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 & then upload these pictures from your computer.
Once your online broker receives the online Account Opening Form plus the above docs, your application will be processed and you'll be assigned a login number and a sign in password for the live account.
Once you upload the accompanying docs your trading account will then be verified. Your sign-in credentials will be sent to your e-mail address.
This is K.Y.C. - Know Your Client, it's more of a legal requirement than just a formality, your online broker must follow this policy & try to do everything to know details of who their client is, so as to safeguard against any money laundering activity.
Gold Real Account Registration Procedure
You can then use your details to log into your MetaTrader 4 platform & start trading on this verified account. You also can use same login details to log in to your client cabin area on the online broker website. On the my-account area trader cabin you can deposit money, withdraw money and view trading reports of your online broker account.
How to Open an Online Account
To open this trading account, one has to fill some online Account Opening Form provided by a trading broker. The Trading Account Opening Form can be obtained from your online xauusd broker.
The process of opening a real account is one where your online broker also will require you to also upload the following accompanying document copies:
Gold Live Account Registration Procedure
What Are the Documents That are Required To Sign Up An Online Account?
1. Proof of ID - Colour copy of Identity card or Passport - A colour 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 names, an issue or an expiry date, client's place & the date of birth or tax identification No. & the client's signature.
2. Proof of Residence - Coloured copy of a utility bill - recently dated utility bill (example. Electricity, phone, water, gas Internet connection, pay TV connection, bank account statement) dated within the last 3 months & validating your signed up address location.
You can use your mobile phone device to snap the snap-shots of these docs and upload them directly from your phone(this is the best option when registering a account). Alternatively you can use a digi camera, upload pictures to your Desktop computer PC & then upload these saved documents to your trading account sign in clients area on the site of your online broker
To Find where to upload the required supporting documents look for the option 'Upload Docs'. Please take note that after opening your trading account it will not get to be validated until the time that you'll complete to upload copies of the accompanying docs.
Please note if you do not upload the above required docs your trading account will not be validated - Make sure you upload the above docs to get your trading account verified. More than 50% of all novice traders do not succeed in opening their trading account because of the reason that they fail to upload the required accompanying documents. If you correctly upload all the accompanying documents then your trading account will be validated & 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 accompanying documents directly to your online broker site using your mobile phone browser.
Gold Real Account Registration Procedure
Where to Upload Documents on the Account
Once you have filled in the Account Signup Form that your broker will have provided you with, you'll get access to your myaccount area client cabinet area: This will now then be your xauusd trading account.
'Upload Documents' Button then can be accessed within this client cabin area and as a trader you can upload your supporting documents using this button.
Once you finish uploading the correct docs on 'Account Verification' on your trading account will then reflect as Validated & you can then begin trading on this trading account.
This process may seem simple but more than 50% of all beginner traders don't succeed in opening their trading account due to failure to upload the required accompanying docs.
Why is a Copy of My Identity Card & Utility Bill which Has My Name Required?
The documents are required by your broker to safeguard against any money laundering activity. AML, or Anti-Money Laundry Guidelines require that all 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 Utility Bill that shows your exact location of where you reside, that way you can not create some fake identity or fake residence to use for money laundering.
All regulated brokers must comply with this requirement prior to opening a account for a new client.
Once your broker receives the online Trading Account Opening Form plus the above docs, your sign up application will be processed & you will be given a login number and a password for the live account.
Once your uploaded docs are approved by your online broker - your account will then be verified. Your sign-in credentials will be sent to your e mail address. Example of a verified account is illustrated below:
This is K.Y.C. - Know Your Client, it's more of a legal requirement than just a formality, your online broker must follow this policy & try to do everything to know details of who their client is, so as to safeguard against any money laundering activity.
You can then use your details to log into your MetaTrader 4 platform & start trading on this verified account. You also can use same login details to log in to your client cabin area on the online broker website. On the my-account area client cabin area you can deposit money, withdraw money & view trading reports of your broker account.
Traders Cabinet Members Area for Making Account Deposit and Withdraw Request
Withdraw and deposit options provided from within the traders cabinet where traders can deposit and 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 illustrated below.
Open a live account - As you complete this learn course, open an account early as it only takes a few minutes to open and validate your trading account early.
How Do I Register Account - Trading Account Opening Procedure - How Do I Register Account - Registering Account Guide - Trading Account Opening Sign up
