If you plan to make money on the foreign exchange or stock market, then you must first open a trading account with a broker. It will contain your monetary amounts that are used to conduct trades. In this case, you have the right to transfer funds between the trading and current account at any time.
Instructions
Step 1
Select a brokerage company through which you will make transactions on the exchange. Remember that a trading account is opened with a dealer, so be careful when choosing an intermediary. Currently, the Forex market has become very popular in Russia, which is why many scammers have appeared who fraudulently lure money out of you without providing anything really.
Step 2
Read carefully all the information about the selected broker. Visit the site, read reviews on the Internet, discuss on specialized forums. Find out the address of the location of the office of the company. The central office of many brokers, as a rule, is located abroad, and branches operate in Russia. In this case, ask for registration documents that confirm the authority and right to conduct activities in the field of foreign exchange and stock markets.
Step 3
Sign an agreement to open a trading account. Carefully study its terms, paying attention to the size of the initial payment, commissions for deposits and withdrawals, commissions or spreads on transactions, etc. If you are satisfied with all the conditions, then calmly sign the agreement and receive the details of the trading account.
Step 4
Fund your trading account so you can start trading. The replenishment amount must not be less than that specified in the conditions of trading through this broker in the selected trading platform. Typically, the initial deposit is $ 200. You can send funds from a current account, bank transfer or through the electronic payment system Webmoney. Check that the funds have been credited to your trading account. For some brokers, this procedure may take several days. Call the service department and check the receipt of funds.
Step 5
Go to the "Personal Account" on the website of the brokerage company. Check that the trading account has been activated. After that, you need to download the trading platform and log in to it. After launching the application for conducting trading operations, you will see the amount of the trading account and its number.
