How Do I Open a Real Metals Account in MetaTrader 5 Software?

To open a MT5 demo metal account you should follow procedure below:

How to Open a Real Account on MetaTrader 5 Software

Download MT5 Metals Trading Platform
Install MT5 Metals Platform on your PC Computer.
Open MT5 Metals Platform on your PC Computer.
Click on the File Menu & Choose Open an Account
Select The Real Trading Account Option
Fill in the real account opening forms
Enter you account log in credentials for the Demo practice account
Trade Metals from the free MT5 metals charts provided

How to Open a Real Metal Account on MetaTrader 5 Software

To open a Real MT5 Trading Account from your trading file menu on the MT5 platform in the Accounts menu choose the Open a new account option and then you can open an account - a demo metals trading account or live account option is provided & you can open the type of account you want. You'll then have to fill an account signup forms.

How to Open a MT5 account

To open a MT5 account you can go to MT5 brokers website and open one. Once you go to the broker of your choice & choose this option, you'll then have to fill some online forms, the metals trading step by step process of filling these forms is described in this article.

With this online MetaTrader 5 trading account you can trade the following: Metals, Metals, Silver, Oil, CFDs, Futures and Indices.

Metal Trading How to Open an Online MT5 account

To open this live metal trading account, a trader has to fill some online forms provided by a metal trading broker. The account opening online form can be obtained from the MT5 metal trading platform broker. On the Accounts menu provided on the File menu in the MT5 platform - choose the Open a new account option and then you can open an account - a demo metals trading account or live account option is provided & you can open the type of account you want. You'll then have to fill an account signup forms.

The process of opening a real metal account is one where your metal broker will also require that you upload the following accompanying documents:

What Documents Are Required To Open An Online Metal Trading 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 the authorities (e.g. Driver's license, identity card, etc). Identification document must have 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 Location - Color copy of a utility bill - A recent utility bill (e.g. Electricity, water, gas, Internet or cable TV connection, phone, oil, bank account statement) dated within last Six months & confirming your registered address.

You can use your phone to take the photos of these documents and upload them directly from your phone(this is best option when opening a metal trading account). Alternatively, use a digital camera, upload the pictures to your PC desktop computer and then upload these saved documents on to your account

To Get where to upload these supporting documents search for option 'Upload Documents'. Please note that after opening your metals trading account it won't get to be validated until you've completed uploading these supporting document copies.

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

These accompanying documents are required by your metals broker to safe-guard against money laundering. AML, or Anti Money Laundering Rules & Regulations require that all metals brokers ask for proof of ID & Residence with your name on so as to certify that you as a trader are a citizen of the country which you claim you're 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 metal brokers must adhere with this requirement prior to opening a account for a new client.

Now once you have scanned or taken pictures of these metals trading account opening forms:

2.Proof of ID - Color copy of ID or Passport

3. Proof of Residence - Color copy of utility bill, electricity bill etc. (bill with a 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 color photos of above documents, then download the pictures from your phone to your Desktop computer PC and then upload these pictures from your computer.

Once your online metals broker receives the online metals trading account opening application forms plus the above documents, your application will be processed and you'll be assigned a log in account number and a login password for the live metal trading account.

Once you upload these required supporting documents your account will then get verified. Your log in details will be sent to your email address. Example of a verified account is illustrated and shown below:

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

You can then use your details to log into your MT5 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 website. On the metals myaccount area trader cabinet you can deposit money, withdraw money and view trading reports of your metal trading broker account.

Metals Trading How to Open an Online Metal Trading Account

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

The process of opening a real metal account is one where your metal broker will also require that you upload the following accompanying documents:

What Documents Are Required To Open An Online Metals Trading Account?

Please note if you don't upload the above required documents your account won't be validated - Make sure that you upload the above required accompanying documents to get your account verified. More than 50% of all the new traders don't succeed in opening their metals trading account because they fail to upload required supporting documents. If you correctly upload all the accompanying documents then your account will be verified & you as a trader can use start trading with your account within 5 minutes. Just take a color picture of these 2 documents with your smart-phone & upload these direct to your metal trading broker web-site using your phone browser.

Where To Upload the Documents on The Metal Trading Account

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

'Upload Documents' Button can then be accessed from within this myaccount area trader cabinet & as a trader you can upload your documents using this button key.

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

This process may seem simple but more than 50 % of all new beginner traders don't succeed in opening their metals trading account due to the reason that they fail to upload required supporting documents.

Why are Copies of My ID & Utility Bill Document that Have My Name Required?

These accompanying documents are required by your metals broker to safe-guard against money laundering. AML, or Anti Money Laundering Rules & Regulations require that all metals 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 which 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 metal brokers must adhere with this requirement prior to opening a account for a new client.

Once your online metals broker receives these online account opening application forms plus above documents, your application will be processed and you'll be assigned a log in account number and a password for live metal trading account.

Once your uploaded documents are approved by your metals broker - your account will then get verified. Your log in details will be sent to your email address. Example of a verified account is illustrated and shown below:

Metals Traders Cabinet Members Area for Making Metal Account Deposit and Withdraw Request

How Do I deposit money from metals? - How Do I withdraw money from metals?

Withdraw and deposit options provided from within the traders cabinet where 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 techniques as displayed below.

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