Guide for Opening Gold Real Account

Procedure of Opening Account Explained

How to Open Real Account

To open a Trading Account you can go to a broker web site & open a Gold Real Account. Once you go to trading broker of your choice and select this Gold Trading Live Account Opening option, you will then have to fill some forms, gold trading step by step method of filling these forms is described in this tutorial - Opening Gold Account - Opening Gold Account Signup Procedure.

With this Opening Gold Live Account you can trade the following: Gold, Gold, Silver, Stock Indices, Oil, Futures and CFDs.

How to Open Account

To open this real xauusd trading account, a trader has to fill some trading account registration form provided by a xauusd trading broker. The gold trading account sign up form can be obtained from your xauusd trading broker.

The process of opening a Live Gold Trading Account is one where your xauusd broker will also require you to also upload the following accompanying documents:

What Documents Are Needed To Register A 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 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 Identity Card & Utility Bill that Has My Name Required?

The documents are required by your broker to safeguard against money laundering activity. AML, or Anti Money Laundering Regulations requires online brokers request for proof of ID & Residence location with your name so as to validate that you as the trader your'e a resident citizen of the specific country you claim your'e from as well as a Copy of Utility Bill that portrays your exact current residential location, that way you can't create some fake identity or some fake residence to use for money laundering.

All regulated 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 these trading account sign up forms:

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 forms plus the above document color copies, you can use your digital camera phone to take color photos of above documents, then download the pictures from your phone to your Desktop PC computer and then upload these pictures from your Desktop computer PC.

Once your broker receives the trading account sign up application forms in addition to the above documents, your application will be processed & you'll be given a sign in account number and a log in password for the Real Trading Account.

Once you upload these accompanying documents your account will then be validated. Your login authorization credentials will be sent to your e-mail address. An example of a validated xauusd trading account is cited below:

This is KYC - Know Your Client, it's more of a legal requirement than a mere formality, your broker must follow this policy & try to do everything to know who their client is, so as to safeguard against money laundering activity.

You can then use your details to log into your MT4 xauusd software & start trading on this validated trading account. You can also use the same gold login credentials to sign 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 Register Gold Trading Account

To open this xauusd trading account, a trader has to fill some trading account registration form provided by a xauusd trading broker. The gold trading account sign up form can be obtained from your broker.

The process of opening a Live Gold Trading Account is one where your broker will also require you to upload following required supporting documents:

What Documents Are Needed To Open 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 trading account it will not get to be verified until the time that you will complete to upload copies of the supporting documents.

Please note if you do not upload the above required documents your account will not be verified - Make sure you upload above documents to get your account verified. More than 50% of all the beginner traders don't succeed in opening their account because of failing to upload the accompanying documents. If as a trader you correctly upload all required accompanying documents then your trading account will be verified & you can begin trading with your trading account within 5 minutes. Take color photo of these two documents with your smart-phone & upload these supporting documents directly to your xauusd trading broker site using your phone browser.

Where to Upload Documents on the Gold Trading Account

Once you have filled account registration form that your broker will have provided you with, you will get access to your myaccount area client cabinet: This will now then be your 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 might seem simple but more than 50% of all new traders don't succeed in opening their account due to failure to upload the required accompanying documents.

Why is a Copy of ID & Utility Bill Document that Has My Name Required?

The documents are required by your broker to safeguard against money laundering activity. AML, or Anti Money Laundering Regulations requires online brokers request for proof of ID & Residence location with your name so as to validate that you as the trader your'e a resident citizen of the specific country you claim your'e from as well as a Copy of Utility Bill that portrays your exact current residential location, that way you can't create some fake identity or some fake residence to use for money laundering.

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

Once your broker receives these trading account sign up application forms in addition to the above documents, your application will be processed and you will be given a login account number & a password for the real xauusd trading account.

Once your uploaded documents are approved by your xauusd broker - your gold trading account will then be validated. Your sign in authorization credentials will be sent to your e-mail address. Example of a validated account is illustrated below:

This is KYC - Know Your Client, it's more of a legal requirement than a mere formality, your broker must follow this policy & try to do everything to know who their client is, so as to safeguard against money laundering activity.

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.

Traders Cabinet Members Area for Making Gold Trading Account Deposits and Withdraws Request

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