How to open a real Forex account

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The real trading account represents the personal trading account in broker company opened by the client, which provides him access to the financial markets trading. The funds deposited by the client are accumulated in his trading account, respectively, all profit from trading activities will be charged using real money on the same account. Considering that Forex trading implies risks of financial losses, possible losses on the real account will be quite real too. Therefore, before starting serious trading, check your forces and try to develop the trading strategy on virtual means of a demo account. Owing even simple trading system in combination with the practical skills of money management received on the demonstration account will help you to reduce expenses and to increase the profit from trading.

So, if you are self-confident and consider that you are ready to open the real account for Forex trading, you need to follow these steps:

Step 1. Choose the broker

Many brokers offer their services to the traders. In order to make a right decision and to choose the most reliable of them, address to the article “How to choose a broker?”.

Step 2. Choose the trading account with optimum conditions

Usually brokers provide to the clients several types of real accounts with various trading conditions, beginning from major currency of the account and finishing with the leverage level. More detailed information about trading account selection criteria, you will find in the article “How to choose a trading account?”.

Step 3. Open the trading account

You can open a real account directly on the official site of the chosen broker company which you can select from the Forex Brokers catalog on GuruTrade. To simplify and secure the procedure of account creation, GuruTrade offers you a possibility to go to the official sites of broker companies directly from their profiles on GuruTrade. Thus, the probability to create an account on the defrauders site is reduced to zero. The existing informational base of the companies is updated regularly, supporting links to the pages of accounts creation in actual and ready to use format.

Procedure of trading account creation and verification at diverse brokers can differ, however, exist basic main stages:

  1. Registration form completion on the broker's site for account creation.

  2. Receipt the confirmation about account opening on clients email or mobile phone.

  3. Verification of the client's identity, according to safety requirements.

  4. Trading account creation through the Private office of the user.

You can learn how to create real accounts using procedures from these examples

  • To open a real account at the broker RoboForex, use the following instruction.

    Step 1. Go to the RoboForex brokers card, then to the page of the Live account registration

    On the GuruTrade homepage, choose the tab “Brokers” which is in the upper menu of the page. Then go to the “Forex brokers rating” in which find RoboForex and click on its name.

    find the broker in rating

    Once you are on the RoboForex brokers card, you will be able to study all information about the company in details. On the side left menu you will find survey categories of the broker, including “Account types”, “Reviews”, “News”, “Analytics”. Here you will find information on broker regulation, foundation date of the company and on all its benefits. If after detailed studying of brokers data you've decided to open the account, use the “Open Account” button in the right part of the page of brokers card.

    click on open account button

    Step 2. Fill in the obligatory fields of the Live account registration form and confirm registration

    By pressing the “Open the Account” button, you will be automatically redirected on the page of “Live account” creation. At the first stage of registration, you will need to fill in all necessary data, including your full name, E-mail and number of the mobile phone (considering that your E-mail will be used further for logging into your Live account, carefully check its spelling). Having filled all fields of a form, press the “Receive the confirmation code via SMS or E-mail” button. After that on your E-mail address, and via the SMS you will receive the confirmation code which you will have to enter in the field “Enter the code” (you can enter a code manually or follow the link specified in the email). After entering the code, you will need to press the button “Register”.

    registration

    Step 3. Open a new trading account of the selected type

    Finishing the registration you automatically will be redirected on the “Open account” page. Here you will find all information about your Live account: E-mail, mobile phone number, the password for the Live account and the phone password. This information is recommended to be copied on the separate document and to be stored in a reliable place. In this section you will be given opportunity to open the trading account of 9 available types: Fix-Cent, Fix-Standard, Pro-Cent, Pro-Standard, ECN-Fix NDD, ECN-Pro NDD, Fix-Affiliate, Pro-Affiliate or ECN-Pro Affiliate. Then you should choose a type of the trading terminal, basic currency of the account and the leverage size. Further, enter the date of birth, resident country, the name of the city and your exact address with the postal index. After completing the data press the button “Confirm”, agreeing to the conditions stated in the Client agreement and Consent to the processing of personal data.

    Upon completion of account opening procedure, you will receive the information on it: account number, main password, the password of the investor and parameters of the account. These confidential data need to be preserved against foreign eyes and to be stored in the safe place. The final step of registration, you will have to pass the verification process, after that you will be able to deposit the account and to start trading. 

    Step 4. Deposit the opened RoboForex account

    To “Deposit funds”, you need to pass into the appropriate section of the Live account. On the page of deposit, you will see all available methods of funds depositing and choose the most convenient payment method. You deposit your account using or not the bonus offer. After choosing the payment method, press the button “Deposit funds” and you will receive funds to your trading account by specified deposit method.

    deposit

  • To open a real account at the broker Alpari, use the following instruction.

    Step 1. Go to the Alpari brokers card, then to the page of the Live account registration

    On the GuruTrade homepage, choose the tab “Brokers” which is in the upper menu of the page. Then go to the “Forex brokers rating” in which find Alpari and click on its name.

    catalog

    Once you are on the Alpari brokers card, you will be able to study all information about the company very thoroughly. On the side left menu you will find survey categories of the broker, including “Account types”, “Reviews”, “News”, “Analytics”. Here you will find information on broker regulation, foundation date of the company and on all its benefits. If after detailed studying of brokers data you've decided to open the account, use the “Open Account” button in the right part of the page of brokers card.

    open account

    Step 2. Complete obligatory fields of the registration form of the Private account and confirm registration

    By pressing the button "Open account" you will get on "myAlpari" registration page. The registration is held in 2 stages: at first you choose the base currency of your future account and enter personal data: first name, last name, date of birth, citizenship, city, mobile phone number (which will be used for confirmation of your personal data) and E-mail. Verify the accuracy of the entered data, press the button "Continue registration".

    registration

    Afterwards, you will pass to the second stage at which you will need to confirm registration. You will be able to choose the most suitable method to receive a confirmation code: SMS, interactive voice response by call or E-mail. Having chosen the necessary option, press the button "Receive a code" and enter it in the field "Confirmation code". Having read the Client agreement and the Regulatory documents, you should confirm the consent to the conditions established in them, pressing the button "Complete registration". 

     registration 2

    Step 3. Open the new trading account of the chosen type

    After finishing the registration process, you will get to the personal profile. Now you can choose an account type corresponding to your requirements. In the menu at the left, select the item "Open account" or click on the button with the same name. For Forex trading are offering 4 types of account: nano.mt4, standard.mt4, ecn.mt4 or pro.ecn.mt4. After choosing the necessary option, specify the base currency and click on the "Open account" button. On the screen will appear your account data which are recommended to be stored in the separate file in the safe place: the login, the password, the phone password and parameters of the server. 

    open an account

    Step 4. Deposit the opened Alpari account

    After you opened the trading account you should deposit funds on it. In order to do this, you should go to the section "Deposit/Withdrawal of funds". Here you will be able to choose the most convenient money transfer method, a transaction currency, and also a required account. Pressing the button "Continue" you will get on the second tab - "Transfer details". Here you specify the transfer amount and passport number or an ID code you mentioned. After entering all data, press "Continue" (if you want to correct something, use the button "Back"). At the end of the procedure, you will get to the tab "Confirm the data" where you will have an opportunity to double-check the correctness of entering information. Pressing the button "Transfer funds" you finish the process of account depositing.

    transfer funds  

  • To open a real account at the broker InstaForex, use the following instruction.

    Step 1. Go to the InstaForex brokers card, then to the page of the Live account registration

    On the GuruTrade homepage, choose the tab “Brokers” which is in the upper menu of the page. Then go to the “Forex brokers rating” in which find InstaForex and click on its name.

    catalog

    Once you are on the InstaForex brokers card, you will be able to study all information about the company in details. On the side left menu you will find survey categories of the broker, including “Account types”, “Reviews”, “News”, “Analytics”. Here you will find information on broker regulation, foundation date of the company and on all its benefits. If after detailed studying of brokers data you've decided to open the account, use the “Open Account” button in the right part of the page of brokers card.

    open account

    Step 2. Accept terms of the Agreement

    By pressing the “Open Account” button, you will be redirected on a registration Homepage where you should consent to the terms of the Public Offer Agreement. If conditions are accepted by you, press the “I Agree with Terms of the Contract” button and you will be directed to the registration procedure.

    accept terms

    Step 3. Register the trading account

    The account opening process consists of three stages: Initialization, Personal data and Account type. At the first stage, you should specify the status (Individual/Company), enter E-mail and press “Proceed”.

    open account

    At the second stage, you specify personal data: full name, date of birth, residential address, city, province, postal code, country and phone number.

    At the third stage, you will be given the opportunity to choose an account type: Cent.Standard, Insta.Standard, Cent.Eurica or Insta.Eurica. Here you set the password, choose the trading server with the most suitable location (Asia, Europe, UK, USA), leverage size and basic account currency. Then, after spell checking, tick a box, confirming the consent to the Public Offer Agreement, to finish the procedure you should press “Open account” button.

    After that, you will be redirected to the page containing information on your trading account. The same data will be sent to your E-mail.

    Step 4. Deposit the opened InstaForex account

    To start trading, you need to enter to the Client cabinet. Use the login sent on e-mail and enter the password.

    In the Client cabinet find at the left in the menu the section “Financial Transactions” and select in it the item “Account deposit”. On this page will be listed all available methods of account depositing. Choose the most convenient for you, enter the necessary amount and the currency in which payment will be made.

    deposit



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