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How to Open A
Trading Account
Step 1:
Click
http://secure2.fxcorporate.com/fxtr/?ib=PowerTradeFX
Choose which type of account you want to open
Choose Individual Account
Click Open an Account
Mini Account (USD Mini Account)
-Minimum initial deposit is USD300
-Each lot opened is equal to USD50 (The capital is
returned back with additional profit if your position
you open is profitable)
-1 pip is equal to 1 usd (different among pairs)
Step
2:
Fill in your personal contact information/data at the
provided spaces.
Step 3:
Fill in your employment and bank information
Click Continue after filling in all required field.
Step
4:
Fill in your Trading and Financial information
Click Continue
Step
5:
Choose your password. You are free to choose the
password you want. Please note that the password must
be the combination of one upper case letter, one lower
case letter and one number.
Fill in the name of PowerTradeFX at the referring
agent field to inform FXCM that you are registered
under
RB
PowerTradeFX.
Read &
Click “YES” for all Customer Agreements:
Click Continue after you finish.
Click proceed
Next, you will see the SUBMISSION page for submitting
the completed forms.
Please check all the displayed information in the
webpage below. If you are satisfied, click the
“Submit” button to complete your application.
If you have seen the webpage as below means your
trading application has been submitted and will be
processed.
To activate your account, you have to send two
documents:
a. A copy of your identity card or passport or driving
license (front and back)
b. Proof of residence or proof of current address. (A
copy of electricity or water bill or bank statement)
with your name and address on it.
You could fax to FXCM at the fax number provided or to
be more convenient just scan and send the scanned
document to newaccounts@fxcm.com or admin@fxcm.com
The process of opening account is done. FXCM
representative will contact you between 2 – 3 working
days for verification of information you have
submitted.
The FXCM representative will inform you if your
application succeeded and have been approved. Your
application status will be informed via email. When
the application have been processed and approved, you
will be given Login ID and password that will enable
you to logging in to FXCM Trade Station II and start
Forex trading. |
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Trading foreign exchange
on margin carries a high level of risk, and may not be
suitable for all investors. The high degree of leverage
can work against you as well as for you. Without proper
risk management, this high degree of leverage can lead
to large losses as well as gains. Before deciding to
trade foreign exchange you should carefully consider
your investment objectives, level of experience, and
risk appetite. The possibility exists that you could
sustain a loss of some or all of your initial investment
and therefore you should not invest money that you
cannot afford to lose. You should be aware of all the
risks associated with foreign exchange trading, and seek
advice from an independent financial advisor if you have
any doubts. |
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