How to Open Live Account

Account Examples - To open a Live Account you can go to an online energies broker web site & open Trading Account. Once you go to the broker of your choice and select this option of opening a Live Trading Account, you will then have to fill some online energies account opening forms, the energies step by step method of filling these energies account opening forms is explained in this Open Live Trading Account Tutorial Lesson - Trading Account Example.

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

How to Open an Online Account

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

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

What Are the Documents Required To Open An Online Account?

1. Proof of ID - Color copy of ID card or Passport - A color copy of valid passport or other official identification document that is 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, the client's place and date of birth or tax identification number and 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 & confirming your registered address.

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

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

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

The documents are required by your broker to safeguard against money laundering activities. AML, or Anti Money Laundering Regulations require that all brokers ask proof of ID and Residency with your name on so as to verify that you as a trader are a citizen of the country you claim you come from as well as a Utility Bill that shows your exact location of where you reside, this way you cannot come up with a fake identity or fake residence to use for money laundering.

All regulated energies trading brokers must adhere and comply with this requirement prior to opening a account for a new client.

Now once you have scanned or taken pictures of these energies 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 download the pictures from your mobile phone to your Desktop computer PC and then upload these pictures from your computer.

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

Once you upload these accompanying documents your account will then be validated. Your energies 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 broker must adhere to this policy and try to do everything to know details of who their client is, in order to guard against money laundering activities.

You can then use your details to log into your MT4 platform & begin trading on this verified account. You can also use same login details to log in to your trader cabinet on the broker website. On the trader cabinet you can deposit money, withdraw money & view trading reports of your energies broker account.

How to Open an Online Account

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

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

What Are the Documents Required To Open An Online Account?

1. Proof of ID - Color copy of ID card or Passport - A color copy of valid passport or other official identification document that is 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, the client's place and date of birth or tax identification number and 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 & confirming your registered address.

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

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

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

Where To Upload Copies of Documents on The Account

Once you have filled and Submitted the account opening forms that your trade broker will have provided you with, you will get access to the trader cabinet: This will then now 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.

Once you complete uploading correct documents on 'Account Verification' on your account will reflect as Validated & you can then start trading on this energies account.

This process might seem simple but more than 50 % of all new energies traders don't succeed in opening their energies account because they fail to upload the required accompanying documents.

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

The documents are required by your broker to safeguard against money laundering activities. AML, or Anti Money Laundering Regulations require that all brokers ask proof of ID and Residency with your name on so as to verify that you as a trader are a citizen of the country you claim you come from as well as a a Copy of Utility Bill that shows your exact location of where you reside, this way you cannot come up with a fake identity or fake residence to use for money laundering.

All regulated energies trading brokers must adhere and comply with this requirement prior to opening a account for a new client.

Once your online energies broker receives these online energies account opening 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 energies account.

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

This is KYC - Know Your Client, it's more of a legal requirement than a mere formality, your broker must adhere to this policy and try to do everything to know details of who their client is, in order to guard against money laundering activities.

You can then use your details to log into your MT4 platform & begin trading on this verified account. You can also use same login details to log in to your trader cabinet on the broker website. On the trader cabinet you can deposit money, withdraw money & view trading reports of your energies broker account.

Traders Cabinet Members Area for Making Account Deposit & Withdraw Request

Withdraw and deposit options provided from within the traders client cabinet area where traders can deposit & 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 real account - As you complete this learn Energies 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 Trading Account - How to Open Live Account - Trading Account Example