Open How to Open a XAUUSD Account

How to Register Gold Account

How to Open a XAUUSD Account - To open a XAUUSD Account you can go to an online xauusd broker web site & open Gold Account. Once you go to the broker of your choice and choose this option of opening a XAUUSD Account, you will then have to fill some online XAUUSD Account Opening Form, the xauusd step by step process of filling these xauusd account - XAUUSD Account Opening Form is explained in this Open XAUUSD Account Lesson Guide - XAUUSD Account Sign up.

With this online trading account you can trade the following: XAUUSD, Online Stocks, XAUUSD, Silver, Oil, CFDs, Futures and Stock Indices.

XAUUSD Procedure of How to Open a XAUUSD Account

To open this gold trading account, a xauusd trader has to fill some online XAUUSD Account Registering Form provided by a gold trading broker. The XAUUSD Account Opening Form can be obtained from your online xauusd broker.

How to Register XAUUSD Account

Process of opening a gold account is one where your xauusd broker will also require you to upload the following required documents:

What Documents Are Required to Open An Online Gold Account?

1. Proof of ID - Color copy of ID document or Passport - A color copy of valid passport or other official identification document that's issued by authorities (e.g. Driver's license, identity card, etc). The identification document must have client's full name, an issue or expiry date, client's place & date of birth or tax identification number & the client's signature.

2. Proof of Residence - Color copy of utility bill - A recent utility bill (e.g. Electricity, gas, water, phone, oil, Internet and/or cable TV connection, bank account statement) dated within last 6 months & confirming your registered address.

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

To Find where to upload these required accompanying documents search for the option 'Upload Documents'. Please note that after opening your xauusd account it will not get verified until you've completed uploading these supporting documents.

Why is a Copy of ID & Utility Bill Document with My Name on Them Being Required?

These accompanying documents are required by your xauusd broker to guard against money laundering. AML, or Anti Money Laundering Regulations entail that all xauusd brokers ask proof of ID & Residence which has your name so that to verify that you're a citizen of the country you state you're from as well as a a Copy of Utility Bill that proves your exact location where you reside, that way you cannot create some fake identity or some fake residence to use for money laundering.

All regulated xauusd brokers must comply to this requirement before opening a xauusd account for a new client.

Now once you've scanned or taken pictures of the XAUUSD Account Opening Form:

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

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 XAUUSD Account Opening Form plus the above document color copies, you can use your camera phone to take color photos of the above documents, then download the pictures from your mobile phone to your computer PC & then upload these pictures from your computer.

Once your online xauusd broker receives the online XAUUSD Account Opening Form plus the above documents, your application will be processed and you will be assigned a xauusd log in number & a xauusd log in password for the gold trading account.

Once you upload these supporting documents your xauusd account will then be verified. Your xauusd sign in details will be sent to your e-mail address.

This is KYC - Know Your Client, it is more of a legal requirement than a mere formality, your xauusd broker must follow this policy and try to do everything to know who their client is, so as to safeguard against any money laundering activity.

How to Register XAUUSD Account

You can then use your details to log into your MetaTrader 4 platform & begin trading on this validated account. You can also use same login details to log in to your trader cabinet on the broker site. On the myaccount area trader cabinet you can deposit money, withdraw money and view trading reports of your xauusd broker account.

Gold Procedure of How to Open an Online XAUUSD Account

Process of opening a gold account is one where your xauusd broker will also require you to upload following required supporting documents:

How to Register Gold Account

What Documents Are Required to Open An Online XAUUSD Account?

Please note if you do not upload above documents your xauusd account will not be verified - Make sure you upload the above required documents to get your xauusd account verified. More than 50% of all new traders don't succeed in opening their xauusd trading account because they fail to upload required accompanying documents. If you correctly upload all the required accompanying documents then your xauusd account will be verified & you can start trading with your account within 5 minutes. Just take color photo of these 2 documents with your smart-phone and upload these docs direct to your xauusd broker website using your mobile phone browser.

How to Register Gold Account

Where to Upload Copies of Documents on the XAUUSD Account

Once you have filled the XAUUSD Account Opening Form that your xauusd trading broker will have provided you with, you will get access to your myaccount area client cabinet: This will now then be your gold trading account.

The 'Upload Documents' Button can then be accessed from within this myaccount area myaccount area client 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 gold trading account.

This process may seem simple but more than 50 % of all new traders don't succeed in opening their xauusd trading account due to failure to upload required accompanying documents.

Why is a Copy of Identity Card & Utility Bill with My Name Required?

These documents are required by your xauusd broker to guard against money laundering. AML, or Anti Money Laundering Regulations entail that all xauusd brokers ask proof of ID and Residence with your name so as to verify that you are a citizen of the country you claim you are from as well as a a Copy of a Utility Bill that shows your exact location where you reside, that way you cannot create some fake identity or some fake residence to use for money laundering.

All regulated xauusd brokers must comply to this requirement before opening a xauusd account for a new client.

Once your online xauusd broker receives these online XAUUSD Account Opening Form plus the above documents, your application will be processed and you will be assigned a log in number & a password for the gold trading account.

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

XAUUSD Traders Cabinet Area for Making Gold Account Deposit and Withdraw Request

Withdraw and deposit options provided from within the traders cabinet area where traders can deposit & make withdraws from the various options provided, for examples: Credit Card & Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, MoneyGram and Western Union money transfer techniques as shown below.

Open a account - As you complete this learn XAUUSD course, open an account early as it only takes a few minutes to open and validate your account early.

How to Open XAUUSD Account Procedure - How to Open a XAUUSD Account - How to Register XAUUSD Account - Opening XAUUSD Account Procedure - XAUUSD Account Sign up

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