Trading Stocks Open Live Account Stocks
The stocks step by step procedure of how to open a live stocks account:
How to Open a Live Stock Account
To open a Live Stocks Account you can go to an online stocks broker website and open one. Once you go to the broker of your choice & select this option, you will then have to fill some online forms, the stocks step by step process of filling these forms is explained in this guide.
With this online stocks trading account you can trade the following: Stocks, Stocks, Silver, Oil, CFDs, Futures and Stock Indices.
Stock How to Open an Online Stocks Account
To open this live stock trading account, a trader has to fill some online forms provided by a stock trading broker. The stocks sign up account opening online form can be obtained from your online stocks broker.
Process of opening a real stock trading account is one where your stock broker will also require you to upload the following required documents:
What Are Documents That are Needed To Open An Online Stock Account?
1. Proof of ID - Color copy of ID card or Passport - A color copy of valid passport or any other official identification document that is issued by authorities (example. Driver's license, identity card, etc). The identification document must contain client's full name, an issue or expiry date, the client's place & date of birth or tax identification number & the client's signature.
2. Proof of Residence Address - Color copy of a utility bill - A recent utility bill (e.g. Electricity, gas, water, phone, oil, Internet and/or cable TV connection, bank account statement) dated within last Six months & validating your signed up address location.
You can use your phone to take the photos of these documents & upload them directly from your phone(this is best option when registering a stock trading account). Alternatively you can use a digital camera, upload the pictures to your Desktop computer and then upload these supporting documents to your account
To Find where to upload the required accompanying documents look for option 'Upload Documents'. Please note after opening your stocks account it'll not get validated until you have completed uploading these supporting documents.
Why is a Copy of Identity Card & Utility Bill with My Name Required?
These documents are required by your stock broker to safe guard against any money laundering activity. AML, or Anti Money Laundering Rules & Regulations require that all stocks brokers ask for proof of ID and Residence with your name on so as to certify that you as a trader are a citizen of the country that you claim you are from as well as a Utility Bill that shows the exact location details of where it is that you reside, that way you can't come up with some fake identity or residence location to use for carrying out money laundering.
All regulated stock trading brokers must comply with this requirement prior to opening a trading account for a new client.
Now once you have scanned or taken pictures of these stock trading account opening forms:
2.Proof of ID - Color copy of ID card or Passport Document
3. Proof of Residence Details - Color copy of a 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 phone to your Desktop computer & then upload these pictures from your computer.
Once your online stocks broker receives the online stock trading account opening application forms plus the above documents, your account application will be processed and you will be assigned a log in number and a sign in password for the live stock trading account.
Once you upload these supporting documents your stocks account will then be verified. Your log in details will be sent to your email address. Example of a verified account is shown below:
This is KYC - Know Your Client, it's more of a legal requirement than a mere formality, your stocks broker must follow this policy and try to do everything to know who their client is, in order to ensure that they safeguard against any money laundering activity.
You can then use your stocks account sign in credentials to log into your MT4 stocks platform & start trading on this verified stocks account. You can also use the same account log in details to login to your trader cabinet on the broker site. On the myaccount area trader cabinet you can deposit money, withdraw money & view trading reports of your stocks broker account.
Stock How to Open an Online Stocks Account
To open this Stocks real account, a beginner trader has to fill some online forms provided by a stock trading broker. The stocks sign up account opening online form can be obtained from your online stocks broker.
Process of opening a real stock trading account is one where your stock broker will also require you to upload the following required documents:
What Are Documents That are Needed To Open An Online Stocks Account?
1. Proof of ID - Color copy of ID card or Passport - A color copy of valid passport or any other official identification document that is issued by authorities (example. Driver's license, identity card, etc). The identification document must contain client's full name, an issue or expiry date, the client's place & date of birth or tax identification number & the client's signature.
2. Proof of Residence Address - Color copy of a utility bill - A recent utility bill (e.g. Electricity, gas, water, phone, oil, Internet and/or cable TV connection, bank account statement) dated within last Six months & validating your signed up address location.
You can use your phone to take the photos of these documents & upload them directly from your phone(this is best option when registering a stock trading account). Alternatively you can use a digital camera, upload the pictures to your Desktop computer and then upload these supporting documents to your account
To Find where to upload the required accompanying documents look for option 'Upload Documents'. Please note after opening your stocks account it'll not get validated until you have completed uploading these supporting documents.
Please note if you don't upload the above required documents your account will not be validated - Make sure you upload the above required documents to get your account verified. More than 50% of all new traders do not succeed in opening their stock trading account because they fail to upload the required accompanying documents. If you correctly upload all the accompanying documents then your account will be validated and you can start trading with your account within 5 minutes. Take color photo of these 2 documents with your smartphone and upload these docs direct to your stocks broker website using your mobile phone browser.
Where To Upload Copies of Documents on The Stock Account
Once you have filled the stocks account opening forms that your stock broker will have provided you with, you will get access to the trade cabinet: This will then be your stock trading account.
'Upload Documents' Button can then be accessed from within this stocks client cabinet & as a trader you can upload your documents using this button key.
Once you complete uploading the correct documents on the 'Account Verification' on your trading account will reflect as Validated and you can then start trading on this stocks trading account.
This process may seem simple but more than 50 % of all new beginner traders do not succeed in opening their stock trading account because they fail to upload the required accompanying documents.
Why is a Copy of My ID and Utility Bill Document that Has My Name Required?
These documents are required by your stock broker to safe guard against any money laundering activity. AML, or Anti Money Laundering Rules & Regulations require that all stocks brokers ask proof of ID and Residence with your name so as to certify that you as a trader are a citizen of the country that you claim you are from as well as a Utility Bill that shows your exact location details where you reside, that way you cannot create some fake identity or residence location to use for doing money laundering.
All regulated stock trading brokers must comply with this requirement prior to opening a stocks account for a new client.
Once your online stocks broker receives these online stocks account opening application forms plus the above documents, your account application will be processed and you will be assigned an account login number and a password for the live stock trading account.
Once your uploaded documents are approved by your stocks broker - your stocks account will then be verified. Your stocks account login details 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 stocks broker must follow this policy and try to do everything to know who their client is, in order to ensure that they safeguard against any money laundering activity.
You can then use your details to log into your MT4 stocks platform & start trading on this verified stocks account. You can also use the same stocks account login details to log in to your trader cabinet on the broker site. On the myaccount area trader cabinet you can deposit money, withdraw money & view trading reports of your stocks broker account.
Stocks Traders Cabinet Members Area for Making Stock Trading Account Deposit & Withdraw Request
Withdraw and deposit options provided from within the traders client cabinet area where stock traders can deposit & 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 shown below.
Open a live stocks account - As you complete this learn Stocks course, open a stocks account early as it only takes a few minutes to open and validate your stocks account early.
