The first step of opening a foreign exchange account: fill in the online account opening application.
Apply for opening an account, submit the account opening materials, including downloading the identity certificate required for opening an account and filling in the information; Provide scanned copies of the front and back of the ID card, send them to the mailbox of the trading broker, or submit them through customer service and relevant staff.
The second step of opening a foreign exchange account is to submit personal information documents and obtain a temporary deposit account by email.
Check the e-mail and get the trading account number. After completing the basic information and submitting the certificate, the background will review the relevant information. After the approval, you will be informed by email that the application for opening an account has passed, and you will be informed of the account number and related operation methods.
The third step of opening an account by speculating in foreign exchange: deposit money to activate the account (credit card, wire transfer, check)
Inject funds into the new account and activate the account. Generally, the funds are remitted after receiving the trading account number, and the injected funds can be wired, which is usually completed within two working days. After the funds are received, the dealer will send a second notification letter by email, telling the login name and password required to log in to the real trading platform.
After the account is opened, it takes about 24 hours to activate. FXCM FXCM will send you an email named "Account Opening Confirmation Letter". After receiving this email, it indicates that your account has been activated. Or you can log in to myFXCM's personal background to check the account status-"active" also means that the account is activated and can be traded. There are many friends here who want to know when my account can be deposited and traded. Let me explain: after the account is opened (after receiving the email of account number and password), the account can be deposited, and the account transaction needs to wait until the account is activated.
After completing the above three steps, you will enter your own era of foreign exchange speculation.