How to open a real Forex account?

Starting from:

$0+

The real trading account represents the personal trading account in broker company opened by the client, which provides him access to the financial markets trading. The funds deposited by the client are accumulated in his trading account, respectively, all profit from trading activities will be charged using real money on the same account. Considering that Forex trading implies risks of financial losses, possible losses on the real account will be quite real too. Therefore, before starting serious trading, check your forces and try to develop the trading strategy on virtual means of a demo account. Owing even simple trading system in combination with the practical skills of money management received on the demonstration account will help you to reduce expenses and to increase the profit from trading.

So, if you are self-confident and consider that you are ready to open the real account for Forex trading, you need to follow these steps:

Step 1. Choose the broker
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Many brokers offer their services to the traders.

Step 2. Choose the trading account with optimum conditions
Usually brokers provide to the clients several types of real accounts with various trading conditions, beginning from major currency of the account and finishing with the leverage level.

Step 3. Open the trading account
You can open a real account directly on the official site of the chosen broker company.

Procedure of trading account creation and verification at diverse brokers can differ, however, exist basic main stages:

Registration form completion on the broker's site for account creation.
Receipt the confirmation about account opening on clients email or mobile phone.
Verification of the client's identity, according to safety requirements.
Trading account creation through the Private office of the user.

Step 1. Go to the page of the Live account registration

. On the side left menu you will find survey categories of the broker, including “Account types”, “Reviews”, “News”, “Analytics”. Here you will find information on broker regulation, foundation date of the company and on all its benefits. If after detailed studying of brokers data you've decided to open the account, use the “Open Account” button in the right part of the page of brokers card.

Step 2. Fill in the obligatory fields of the Live account registration form and confirm registration
By pressing the “Open the Account” button, you will be automatically redirected on the page of “Live account” creation. At the first stage of registration, you will need to fill in all necessary data, including your full name, E-mail and number of the mobile phone (considering that your E-mail will be used further for logging into your Live account, carefully check its spelling). Having filled all fields of a form, press the “Receive the confirmation code via SMS or E-mail” button. After that on your E-mail address, and via the SMS you will receive the confirmation code which you will have to enter in the field “Enter the code” (you can enter a code manually or follow the link specified in the email). After entering the code, you will need to press the button “Register”.

Step 3. Open a new trading account of the selected type
Finishing the registration you automatically will be redirected on the “Open account” page. Here you will find all information about your Live account: E-mail, mobile phone number, the password for the Live account and the phone password. This information is recommended to be copied on the separate document and to be stored in a reliable place. In this section you will be given opportunity to open the trading account of 9 available types. Then you should choose a type of the trading terminal, basic currency of the account and the leverage size. Further, enter the date of birth, resident country, the name of the city and your exact address with the postal index. After completing the data press the button “Confirm”, agreeing to the conditions stated in the Client agreement and Consent to the processing of personal data.

Upon completion of account opening procedure, you will receive the information on it: account number, main password, the password of the investor and parameters of the account. These confidential data need to be preserved against foreign eyes and to be stored in the safe place. The final step of registration, you will have to pass the verification process, after that you will be able to deposit the account and to start trading.

Step 4. Deposit the opened account
To “Deposit funds”, you need to pass into the appropriate section of the Live account. On the page of deposit, you will see all available methods of funds depositing and choose the most convenient payment method. You deposit your account using or not the bonus offer. After choosing the payment method, press the button “Deposit funds” and you will receive funds to your trading account by specified deposit method.

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