How to Open Live Account

Stocks Account Example - To open a Live Account you can go to an online broker web site and open Account. Once you go to the online broker of your choice and select this option of opening a Real Account, you'll then have to fill some online account opening forms, the stocks step by step process of filling these account opening forms is explained in this Open Live Account Lesson Tutorial - Account Example.

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

Stock How to Open an Online Account

To open this live account, one has to fill some online account opening forms provided by a stock broker. The stocks account sign up online form can be obtained from your online broker.

Process of opening a real stock account is one where your broker will also need you upload the following required documents:

What Are Documents That are Needed To Open An Online 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's issued by authorities (example. Driver's license, identity card, etc). Identification document must have the client's full name, an issue or expiry date, the client's place and date of birth or tax identification number and 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 registered 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 signing up a stock 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 that after opening your stocks account it will not get verified until you have completed uploading these supporting documents.

Why is a Copy of Identity Card & a Copy of Utility Bill with My Name Required?

The documents are needed by your broker to safe guard against money laundering. AML, or Anti Money Laundering Regulations require that all brokers request proof of ID & Residence with your name so as to verify that you are a resident citizen of the country you state you are from as well as a Utility Bill that confirms your exact location where you reside, that way you can not come up with some fake identity or residence location to use for doing money laundering.

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

Now once you have scanned or taken pictures of these account sign up 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 phone to your Desktop computer & then upload these pictures from your computer.

Once your online broker receives the online account sign up application forms in addition to the above documents, your application will be processed & you'll be assigned a login number & a login password for the live account.

Once you upload these supporting documents your stocks account will then be verified. Your stocks sign in details will be sent to your email address.

This is KYC - Know Your Client, it is more of a legal requirement than a mere formality, your stocks broker must follow this policy & try to do everything to know who their client is, in order to ensure that they safeguard against money laundering activity.

You can then use your details to log into your MT4 platform & begin trading on this verified account. You can also use the same 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 and view reports of your stocks broker account.

Stock How to Open an Online Account

To open this account, one has to fill some online account opening forms provided by a stock broker. The stocks account sign up online form can be obtained from your online stocks broker.

Process of opening a real stock account is one where your broker will also need you upload the following required documents:

What Are Documents That are Needed To Open An Online 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's issued by authorities (example. Driver's license, identity card, etc). Identification document must have the client's full name, an issue or expiry date, the client's place and date of birth or tax identification number and 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 registered 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 signing up a stock account). Alternatively you can use a digital camera, upload the pictures to your Desktop computer and then upload these saved documents to your stocks account login clients area on the website of your stocks broker

To Find where to upload the required accompanying documents look for option "Upload Documents". Please note that after opening your stocks account it will not get verified until you have completed uploading these supporting documents.

Please note if you don't upload the above needed documents your stocks account will not be verified - Make sure you upload the above required documents to get your stocks account verified. More than 50% of all new traders don't succeed in opening their account because they fail to upload the needed accompanying documents. If you correctly upload all the required documents then your stocks account will be validated & you can start trading with your account within 5 minutes. Take a color photo of these 2 documents with your smartphone and upload these docs direct to your stocks broker website using your phone browser.

Where To Upload Copies of Documents on The Account

Once you've filled the account opening forms that your broker will have provided you with, you'll get access to the trade cabinet: This will then be your account.

"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 the correct documents on "Account Verification" on your account will reflect as Validated & you can then start trading on this 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 required accompanying documents.

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

The documents are needed by your broker to safe guard against money laundering. AML, or Anti Money Laundering Regulations require that all brokers request proof of ID & Residence with your name so as to verify that you are a resident citizen of the country you state you are from as well as a Utility Bill that confirms your exact location where you reside, that way you can not come up with some fake identity or residence location to use for doing money laundering.

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

Once your online broker receives these online account sign up application forms in addition to the above documents, your application will be processed & you'll be assigned a login number & a password for the live account.

Once your uploaded documents are approved by your stocks broker - your account will then be validated. Your login credentials will be sent to your e mail address. An example of a verified account is shown below:

This is KYC - Know Your Client, it is more of a legal requirement than a mere formality, your stocks broker must follow this policy & try to do everything to know who their client is, in order to ensure that they safeguard against money laundering activity.

You can then use your details to log into your MT4 platform & begin trading on this verified account. You can also use the same 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 and view reports of your stocks broker account.

Traders Cabinet Members Area for Making Account Deposit and Withdraw Request

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

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

How to Open Account - How to Open Account - How to Open Live Account - Account Example