Trade Forex Trading

Learn Stock Indices Trading for Beginners Guide

Open Stock Indices Account

Stock Indices Account Example - To open a Live Stock Indices Account you can go to an online stock indices broker website and open Stock Index Account. Once you go to the stock indices broker of your choice and select this option of opening a Live Stock Indices Account, you will then have to fill some online stock indices account opening forms, the stock indices step by step process of filling these stock indices account opening forms is explained in this Open Live Stock Indices Account Tutorial Lesson - Stock Indices Account Example.

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

How to Open Indices Account

To open this live trading stock index trading account, a stock indices trader has to fill some online stock indices account opening forms provided by a stock index trading broker. The stock indices account opening online form can be obtained from your online stock index trading broker.

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

What Documents Are Required to Open An Online Stock Indices Account?

1. Proof of ID – Color copy of ID card or Passport – A color copy of valid passport or other official identification document issued by authorities (e.g. driver's license, identity card, etc). The identification document must contain client's full name, an issue or expiry date, client's place and date of birth or tax identification number and the client's signature.

2. Proof of Residence - Color copy of utility bill - A recent utility bill (e.g. electricity, gas, water, phone, oil, Internet and/or cable TV connection, bank account statement) dated within the last 6 months and confirming your registered address.

You can use your mobile phone to take the pictures of these documents & upload them directly from your mobile phone(this is the best option when registering a stock index trading account). Alternatively, use a digital camera to take the snapshots, upload the pictures to your PC then upload the saved documents onto your account

To Find where to upload these documents look for the option 'Upload Documents'. Please note after opening your stock indices account it will not get validated until you have completed uploading these supporting documents.

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

These documents are required by your stock indices broker to guard against money laundering. AML, or Anti Money Laundering Regulations require that all stock indices brokers ask proof of your Identity and Residency with your name so as to verify and certify that you are a resident citizen of the country you claim you are from as well as a Copy of a Utility Bill that shows your exact residence location of where you reside, that way you cannot come up with some fake identity or some fake residence to use for money laundering.

All regulated stock index trading brokers must adhere & comply with this requirement prior to opening a stock indices account for a new client.

Now once you have scanned or taken pictures of these stock index trading account opening forms:

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

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

Upload the above forms plus the above document color copies, you can use your camera phone to take the color pictures of the above documents, then down load the pictures from your mobile phone to your computer & then upload these pictures from your computer.

Once your online stock indices broker receives the online stock index trading account opening application forms plus the above documents, your application will be processed and you will be assigned a stock indices login number and a stock indices login password for the live stock index trading account.

Once you upload these documents your stock indices account will then be validated. Your stock indices login details will be sent to your email address.

This is KYC - Know Your Client, it's more of a legal requirement than a mere formality, your stock indices 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.

You can then use your details to log into your MetaTrader 4 platform and start trading on this verified account. You can also use the same login details to log in to your trader cabinet on the stock indices broker website. On the trader cabinet you can deposit money, withdraw money & view trading reports of your stock indices broker account.

How to Open Stock Indices Account

To open this stock index trading account, a stock indices trader has to fill some online stock indices account opening forms provided by a stock index trading broker. The stock indices account opening online form can be obtained from your online stock indices broker.

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

What Documents Are Required to Open An Online Indices Account?

1. Proof of ID – Color copy of ID card or Passport – A color copy of valid passport or other official identification document issued by authorities (e.g. driver's license, identity card, etc). The identification document must contain client's full name, an issue or expiry date, client's place and date of birth or tax identification number and the client's signature.

2. Proof of Residence - Color copy of utility bill - A recent utility bill (e.g. electricity, gas, water, phone, oil, Internet and/or cable TV connection, bank account statement) dated within the last 6 months and confirming your registered address.

You can use your mobile phone to take the pictures of these documents & upload them directly from your mobile phone(this is the best option when registering a stock index trading account). Alternatively, use a digital camera to take the snapshots, upload the pictures to your PC then upload the saved documents on to your stock indices account login clients area on the website of your stock indices broker

To Find where to upload these documents look for the option 'Upload Documents'. Please note after opening your stock indices account it will not get validated until you have completed uploading these supporting documents.

Please note if you don't upload the above documents your stock indices account will not be validated - Make sure you upload the above documents to get your stock indices account validated. More than 50% of all new traders don't succeed in opening their stock index trading account because they fail to upload the required supporting documents. If you correctly upload all the supporting documents then your stock indices account will be validated and you can start trading with your account within 5 minutes. Just take a color picture of these two documents with your smart phone & upload these directly to your stock indices broker website using your phone browser.

Where to Upload Documents on the Indices Account

Once you have filled & Submitted the account opening forms that your stock indices broker will have provided you with, you will get access to your trader cabinet: This will now then be your stock index trading account.

The 'Upload Documents' Button Key can then be accessed from within this trader cabinet & as a trader you can upload your documents using this button.

Once you complete uploading the correct documents on the 'Account Verification' on your account will reflect as Validated & you can then begin trading on this stock indices account.

This process may seem simple but more than 50% of all new novice traders do not succeed in opening their stock index trading account because they fail to upload the required supporting documents.

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

These documents are required by your stock indices broker to guard against money laundering. AML, or Anti Money Laundering Regulations require that all stock indices brokers ask proof of your Identity and Residency with your name so as to verify and certify that you are a resident citizen of the country you claim you are from as well as a Copy of a Utility Bill that shows your exact residence location of where you reside, that way you cannot come up with some fake identity or some fake residence to use for money laundering.

All regulated stock index trading brokers must adhere & comply with this requirement prior to opening a stock indices account for a new client.

Once your online stock indices broker receives these online stock indices account opening application forms plus the above documents, your application will be processed and you will be assigned a login number and a password for the live stock index trading account.

Once your uploaded documents are approved by your stock index broker - your account will then get to be validated. Your log in details will be sent to your email address. An example of a verified account is shown & illustrated below:

This is KYC - Know Your Client, it's more of a legal requirement than a mere formality, your stock indices 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.

You can then use your details to log into your MetaTrader 4 platform and start trading on this verified account. You can also use the same login details to log in to your trader cabinet on the stock indices broker website. On the trader cabinet you can deposit money, withdraw money & view trading reports of your stock indices broker account.

Indices Traders Cabinet Members Area for Making Stock Indices Account Deposit and Withdraw Request

Withdraw and deposit options provided from within the stock indices 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 shown below.

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

How to Open Stock Indices Account - How to Open Stock Indices Account - How to Open Live Stock Indices Account - Stock Indices Account Example