How to open a real account in Forex

This time we'll explain how to open a real account in Forex. Although each broker we can find small differences, serious and brokers are regulated under strict laws they must agree on a number of general steps.

These are the 4 steps you're going to have to meet in order to open your live account:

1. Pre-registration and account opening

This is the first contact you have with the broker, and when you make the first record, which will need to enter your personal data. In this record, the broker also will perform a series of questions to know your investor profile as investing in Forex involves taking a high risk to your capital.

This step is also usually where you can welcome you to a bonus or offer that is then current and which accept your privacy policy and, therefore, accept your inclusion in their log files customers.

2. Send the documentation required to open the account

In this second step you must complete and submit a number of documents that the broker will facilitate and will have to download and sign if you agree.


Among these documents you will find the contract which contains all contractual conditions must meet and that the company offers.

They will also request documents to verify your identity and the address where you live. 

Another important document that you requested and you must provide is a document that specifies what are the one or more sources that provided the capital that want to enter your account. This document serves a very important function: prevent possible money laundering.

3. Approval by the broker and income funds

After you have submitted all the necessary documentation, and certainly after a few days of waiting, the broker will contact you to proceed to open your account or to ask you to send a document over to supplement the information if something does not it has become clear.

In the event that all documentation is correct, we provide an account number to enter the funds and thereby capitalize on your account. The transfers typically last several days so you must be patient, it's normal.

4. You can start and operate
By the time the funds already credited to your trading account, you can already start operations.

Note that you know exactly the trading platform and conditions that the broker you have chosen to offer, since any loss you suffer due to a lack thereof will have to assume.

Bear in mind that from the internet you can access many different brokers and each of them can be found under a different law and therefore eligible to open an account can vary and be different from what we have previously mentioned .

But he thinks that the requirements we have detailed above are strict because serlos should and should not rely on companies that have a negligent behavior when checking your identity or time to know what is the source of income from which they come the funds you wish to deposit into your account.

In this article we start from the basis that you had already decided how Forex broker were going to open an account to start trading in real, in case you still have some doubts perhaps these tips can help resolve them.