Forex online trading provides trading solutions for all levels of traders looking for a full-service forex brokerage.
The first step to gain access to a full-forex brokerage service is to open an account that meets your specific preferences and needs.
If you are just breaking into forex it’s advisable to start slow and grow stronger with time: a demo account can help you experience the market volatility and the emotional rollercoaster that comes with it.
Once you are ready to take over the forex online trading market, a Live Account gives you access to the most widely used platforms in the industry, unlimited customer service support and other excellent features that can help you achieve trading success.
Usually, brokerage firms offer three types of accounts: Individual/Joint, Corporate and Trust. A managed account service is also available, all you have to do is fill out the applicable account form and the Limited Power of Attorney.
In addition, if you are planning on opening an account managed by a Commodity Trading Advisor, you will need to complete any forms required.
Depending on the type of account, country of origin, citizenship and other factors, you may be required to submit additional documents along with your thoroughly completed and properly signed account forms.
Once you open your account, your brokerage team will provide you with all the necessary information to start trading right away: The account funding methods to choose from, all the account forms, important info on spreads, margins and fees and your choice on spreads on MetaTrader 4, the most popular forex online trading platform.
An individual or Joint account is the most common type of account and is used by individuals who want to break into the forex online trading world. Signing up is really easy: Just provide identity and address proof and the filled out client application.
Corporate accounts welcome corporate clients to the forex world. During the registration of a corporate account, a dedicated Corporate Account Manager will be your single point of contact and will handle your application from start to finish.
Your forex online trading corporate account manager is available at all stages of your application. Once your trading account is activated, your corporate account manager will be on hand to ensure you receive any support and assistance you need.
Trust accounts require copy of the entire trust agreement that clearly identifies the trustees and clearly states their authority to open an account.
Summing up, opening any type of account present no hassle and offers a whole window of forex opportunities. If you are thinking about opening an account ask your broker about what other requirements you might need in your specific case and start trading. Is that easy!