Open MT4 Live Commodity Trading Account
MT4 Live Account Example - To open a Live Commodity Trading Account you can go to an online commodities broker web site & open MT4 Live Account. Once you go to the broker of your choice & select this option of opening a Live MT4 Live Account, you will then have to fill some online MT4 Live Account opening forms, the commodity trading step by step process of filling these MetaTrader 4 Live Account opening forms is explained in this Open Live MetaTrader 4 Live Account Tutorial Course - MetaTrader 4 Live Account Example.
With this online trading account you can trade the following: Commodity Trading, Commodity Trading, Silver, Oil, CFDs, Futures and Stock Indices.
How to Register Commodities Trading Account
To open this live commodities trading account, a trader has to fill some online MT4 Live Account opening forms provided by a commodities trading broker. The commodity trading account opening online form can be obtained from your online commodities trading broker.
The process of opening a real MT4 Live Account is one where your commodities broker will also need you upload the following required supporting documents:
What Are the Documents Needed To Register An Online MT4 Live Commodities Trading Account?
1. Proof of ID - Color copy of ID card or Passport - A color copy of valid passport or other official identification document that's issued by authorities (e.g. Driver's license, identity card, etc). The identification document must have client's full name, an issue or expiry date, client's place & date of birth or tax identification number and client's signature.
2. Proof of Residence Location - Color copy of utility bill - A recent utility bill (example. Electricity, water, gas, Internet or cable TV connection, phone, oil, bank account statement) dated within the last Six months and confirming your signed up address.
You can use your mobile phone to take the photos of these documents and then upload them directly from your mobile phone(this is best option when signing up a commodities trading account). Alternatively, use a digital camera, upload the pictures to your PC desktop computer & then upload these saved documents on to your account
To Find where to upload these required accompanying documents search for the option 'Upload Documents'. Please note that after opening your commodity trading account it won't get to be verified until you have completed uploading these supporting document copies.
Why is a Copy of My Identity Card & a Copy of a Utility Bill with My Name Required?
These documents are required by your commodities broker to safe-guard against money laundering. AML, or Anti Money Laundering Regulations require that all commodity brokers request proof of ID & Residence with your name so that to verify that you're a resident of the country you claim you're from as well as a Utility Bill that confirms your exact location where you reside, this way you cannot create a fake identity or fake residence to use for money laundering.
All regulated commodity brokers must comply with this requirement prior to opening a MT4 Live Account for a new client.
Now once you have scanned or taken pictures of these commodity trading account opening forms:
2.Proof of ID - Color copy of ID card or Passport Document
3. Proof of Residence Details - Color copy of utility bill, electricity bill etc. (bill with recent date, dated within the last six months).
Upload the above forms plus above document color copies, you can use your camera phone to take the color pictures of the above documents, then download the pictures from your mobile phone to your Desktop computer PC and then upload these pictures from your computer.
Once your online commodity broker receives the online MT4 Live Account opening application forms plus the above documents, your application will be processed and you will be assigned a commodity log in number & a commodity sign in password for the live MT4 Live Account.
Once you upload these supporting documents your commodity trading account will then get verified. Your commodity sign in details will be sent to your e-mail address.
This is KYC - Know Your Client, it is more of a legal requirement than a mere formality, your commodity broker must follow this policy & try to do everything to know who their client is, so as to guard against money laundering activities.
You can then use your details to log into your MT4 platform and begin trading on this validated account. You can also use the same login details to log in to your trader cabinet on the broker website. On the trader cabinet you can deposit money, withdraw money & view trading reports of your commodities trading broker account.
How to Open MT4 Real Account
To open this commodities trading account, a trader has to fill some online MT4 Live Account opening forms provided by a commodities trading broker. The commodity trading account opening online form can be obtained from your online commodity broker.
The process of opening a real MT4 Live Account is one where your commodities broker will also need you upload the following required supporting documents:
What Are the Documents Needed To Register An Online MT4 Live Commodities Trading Account?
1. Proof of ID - Color copy of ID card or Passport - A color copy of valid passport or other official identification document that's issued by authorities (e.g. Driver's license, identity card, etc). The identification document must have client's full name, an issue or expiry date, client's place & date of birth or tax identification number and client's signature.
2. Proof of Residence Location - Color copy of utility bill - A recent utility bill (example. Electricity, water, gas, Internet or cable TV connection, phone, oil, bank account statement) dated within the last Six months and confirming your signed up address.
You can use your mobile phone to take the photos of these documents and then upload them directly from your mobile phone(this is best option when signing up a commodities trading account). Alternatively, use a digital camera, upload the pictures to your PC desktop computer & then upload these supporting documents on to your commodities trading account log in clients area on the website of your commodity broker
To Find where to upload these required accompanying documents search for the option 'Upload Documents'. Please note that after opening your commodity trading account it won't get to be verified until you have completed uploading these supporting document copies.
Please note if you do not upload the above required documents your MT4 Live Account will not be validated - Make sure you upload the above documents to get your commodity account verified. More than 50% of all new commodity traders do not succeed in opening their commodity trading account because they fail to upload required supporting documents. If you correctly upload all the required documents then your MT4 Live Account will be validated and you can start trading with your trading account within 5 minutes. Take a color picture of these two documents with your smart-phone & upload these directly to your commodities broker site using your mobile phone browser.
Where To Upload Documents on The Commodity Trading Account
Once you have filled & Submitted account opening form that your commodities broker will have provided you with, you will get access to the client cabinet: This will then now be your commodities trading account.
The 'Upload Documents' Button can then be accessed from within this trader 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 & you can then start trading on this commodities trading account.
This process may seem simple but more than 50 % of all new commodity traders do not succeed in opening their MT4 Live Account because they fail to upload the required accompanying documents.
Why is a Copy of ID & a Copy of Utility Bill Document with My Name On It Required?
These accompanying documents are required by your commodities broker to safe-guard against money laundering. AML, or Anti Money Laundering Regulations require that all commodity brokers request proof of ID & Residence with your name so that to verify that you're a resident of the country you claim you're from as well as a Utility Bill that confirms your exact location where you reside, this way you cannot create a fake identity or fake residence to use for money laundering.
All regulated commodity brokers must comply with this requirement prior to opening a MT4 Live Account for a new client.
Once your online commodity broker receives these online commodity account opening application forms plus the above documents, your application will be processed & you will be assigned a login number and a password for the live MT4 Live Account.
Once your uploaded documents are approved by your commodity broker - your account will then get verified. Your login details will be sent to your email address. Example of a verified account is illustrated and shown below:
This is KYC - Know Your Client, it is more of a legal requirement than a mere formality, your commodity broker must follow this policy & try to do everything to know who their client is, so as to guard against money laundering activities.
You can then use your details to log into your MT4 platform and begin trading on this validated account. You can also use the same login details to log in to your trader cabinet on the broker website. On the trader cabinet you can deposit money, withdraw money & view trading reports of your commodities trading broker account.
Commodities Traders Cabinet Members Area for Making Commodity Account Deposits & Withdraws Request
Withdraw and deposit options provided from within the traders cabinet area where traders can deposit and make withdraws from the various options provided, for examples: Credit Card & Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, MoneyGram & Western Union money transfer methods as illustrated below.
Open a live account - As you complete this learn Commodity Trading course, open an account early as it only takes a few minutes to open and validate your account early.
How to Open Commodity Account - How to Open MT4 Live Account - How to Open Live MT4 Live Account - MT4 Live Account Example
