Silver Step by Step Guide of MT4 Live Account Opening
MT4 Live Account Example - To open a Live Account as a trader you can go to an online broker web site & open MT4 Live Account. Once you go to online broker of your choice & choose this option of opening a Real MT4 Live Account, you will then have to fill some online MT4 Live Account opening forms, the trading step by step process of filling these MT4 Live Account opening forms is described in this Open Live MT4 Live Account Lesson Course - MetaTrader 4 Live Account Examples.
With this online account you can trade the following: Silver, Silver, Silver, Oil, CFDs, Futures & Stock Indices.
How to Open Account
To register this real account, a trader has to fill some online MetaTrader 4 Live Account opening forms provided by a broker. The silver account opening online form can be obtained from your online broker.
Process of opening a real MetaTrader 4 Live Account is one where your broker also will require that you upload the following supporting documents:
What are the Documents Which Are Needed To Register An Online MetaTrader 4 Live Account?
1. Proof of ID - Color copy of ID card or Passport - A color copy of official ID document or valid passport document issued by the authorities (example. Driver's license, identity card, etc). Identification document must have trader's full name, an issue or expiry date, the customer's place & the date of birth or tax ID number & the customer's signature.
2. Proof of Residency - Color copy of utility bill - A recent dated utility bill (example. Electricity, phone, water, gas, oil, Internet and/or pay TV connection, bank account statement) dated within last Three months and confirming your registered address location.
You can utilize your phone to snap the snapshots of these documents & then upload them directly from your phone(this the best option when opening a account). Alternatively you can use your digital camera, upload pictures to your desktop computer then upload saved documents on to your account
To Find where to upload the required accompanying documents look for option 'Upload Documents'. Please note that after registering your account it won't get to be verified until the time you finish uploading these copies of supporting document.
Why is are Copies of Identity Card and a Copy of Utility Bill which Has My Name Required?
The documents are needed by your broker to safe-guard against funds laundering. AML, or Anti Money Laundering Regulations entail that all brokers ask proof of your Identity and Residency with your name so as to verify and certify that you are a resident citizen of the country you claim you are from as well as a Copy of a Utility Bill that shows your exact residence location of where you reside, that way you can't come up with some fake identity or fake residency location to use for money laundering.
All regulated brokers must adhere & comply with this requirement before opening a MetaTrader 4 Live Account for a new client.
Now once you have scanned or taken images of these account opening forms:
2.Proof of ID - Color copy of ID or Passport
3. Proof of Residency - Colored copy of utility bill, electricity bill etc. (bill with recent date, dated within last Three months).
Up-load the above forms in addition to the above document colored copies, you can use your camera phone to take colour photos of the above documents, then download the pictures from your phone to your computer & then upload these pictures from your computer.
Once your broker gets the online MT4 Live Account opening application forms plus the above documents, your application will be processed and you will be assigned a silver login number and a silver sign in password for the live MT4 Real Account.
Once you upload the supporting documents your silver account will then get to be validated. Your silver sign in credentials will be sent to your email address.
This is KYC - Knowing Your Customer, it is more of a legal requirement than a formality, your broker must adhere to this guideline & try & do everything to know who their customer is, in order to guard against money laundering activities.
You can then use your details to sign into your MT4 platform & start trading on this verified account. You also can use same log in details to log in to your myaccount client cabinet area on silver broker web site. On the trader cabinet you can deposit money, withdraw money and view reports of your broker account.
How to Open MetaTrader 4 Live Account
To open this account, a trader has to fill some online MetaTrader 4 Live Account opening forms provided by a broker. The silver account opening online form can be obtained from your online broker.
Process of opening a real MetaTrader 4 Live Account is one where your broker also will require that you upload the following supporting documents:
What are the Documents That Are Required To Register An Online MT4 Live Account?
1. Proof of ID - Color copy of ID card or Passport - A color copy of official ID document or valid passport document issued by the authorities (example. Driver's license, identity card, etc). Identification document must have trader's full name, an issue or expiry date, the customer's place & the date of birth or tax ID number & the customer's signature.
2. Proof of Residency - Color copy of utility bill - A recent dated utility bill (example. Electricity, phone, water, gas, oil, Internet and/or pay TV connection, bank account statement) dated within last Three months and confirming your registered address location.
You can utilize your phone to snap the snapshots of these documents & then upload them directly from your phone(this the best option when opening a account). Alternatively you can use your digital camera, upload pictures to your desktop computer then upload saved documents on to your account sign in clients area on site of your broker
To Find where to upload the required accompanying documents look for option 'Upload Documents'. Please note that after registering your account it won't get to be verified until the time you finish uploading these copies of supporting document.
Please note if you don't upload the above documents your MT4 Live Account will not be validated - Make sure you upload the above documents to get your account validated. More than 50 % of all new traders don't succeed in opening their account because they fail to upload needed accompanying documents. If you correctly upload all required accompanying documents then your MT4 Live Account will be validated and you can start trading with your account within 5 minutes. Take a colour photo of these 2 documents with your smartphone and upload these docs direct to your broker web site using your phone browser.
Where To Upload Documents on The Account
Once you've filled in and Submitted the account opening forms which your broker will have given you, you will get access to your trade cabinet: This will now then be your trading account.
The '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.
Once you finish uploading required documents on the 'Account Validation' on your account shall display as Validated & you can then start trading on this live account.
This process may seem simple but more than 50 % of all new traders don't succeed in opening their MT4 Live Account because they fail to upload the required accompanying documents.
Why is are Copies of My Identity Card & a Copy of Utility Bill with My Names Required?
The documents are needed by your broker to safe-guard against funds laundering. AML, or Anti Money Laundering Regulations entail that all brokers ask proof of your ID and Residence with your name so that to validate and certify that you're a residential citizen of the specific country you claim your'e from as well as a Copy of Utility Bill that displays your exact residential location details of where you reside, that way you can't come up with some fake identity or fake residency location to use for money laundering.
All regulated brokers must adhere & comply with this requirement before opening a MetaTrader 4 Live Account for a new client.
Once your broker gets these online account opening application forms in addition to the above documents, your application will be processed and you will be assigned a sign in number & a password for the live MetaTrader 4 Real Account.
Once your up-loaded documents are validated by your broker - your trading account will then get to be validated. Your sign in credentials will be sent to your e-mail address. Example of a verified account is displayed and illustrated below:
This is KYC - Knowing Your Customer, it is more of a legal requirement than a formality, your broker must adhere to this guideline & try & do everything to know who their customer is, in order to guard against money laundering activities.
You can then use your details to sign into your MT4 platform & start trading on this verified account. You also can use same log in details to log in to your myaccount client cabinet area on silver broker web site. On the trader cabinet you can deposit money, withdraw money and view reports of your broker account.
Traders Members Area for Making Account Deposit and Withdraw Request
Withdraw & deposit options provided from within the traders cabinet where traders can deposit & make withdraws from the various options provided, for examples: Credit Card and Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, MoneyGram and Western Union money transfer techniques as displayed below.
Open a real account - As you complete this learning Silver Trading course, open a trading account early as it only takes a few minutes to open & validate your account early.
How Do I Sign up Account - How to Open MT4 Live Account - How to Open Live MT4 Live Account - MT4 Live Account Example
