How To Open A Live Forex Trading Account?

Opening a live account looks a little hard and challenging to some traders. However, we have made it as easy as possible:

1. To open a live trading account with us, you need to have an online account at Forexoma.com, so that you can have access to all of the tools and information that you need for funding/withdrawal and other things related to your live account. To sign up for this online account, you just need to submit a small form. Then a verification email will be sent to you. If it is your first account with Forexoma, you just need to verify your email address by click on the verification link which can be found on the verification email sent to you after submitting the sign up form.

There are a few kinds of live accounts:

1. Individual/Joint Account: If you like your live account to be under your own name, or to be shared with one or more other people, you should sign up for an individual/joint account. Click Here to refer to the sign up form.
2. Corporate Account: If you like your live account to be under your company or incorporation name, you should sign up for a corporate account. Click Here to refer to the sign up form.

2. Don’t forget to check your email after submitting the sign up form. You should receive an email from Forexoma.com. If you can not find it in your inbox, you should check the spam/junk folder. Please make sure that you white-list our emails, so that you will receive our email in your inbox.

3. After following the instructions found on the email that is sent to you, you should wait for us to approve your order and add it to your Forexoma account. This is just the primary approval from us and doesn’t mean that your registration is completed.

4. After the primary approval, you can login to your Forexoma account using your email address and password and learn about different aspects of having a live account with Forexoma, including deposit and withdrawal methods. You can login to your Forexoma account anywhere on our website through the top right login form or on this page.

You Used The Online Sign Up Form To Sign Up For An Account. What next?

As I said, after your online registration and our primary approval, you can login to your Forexoma account and learn how to fund your account. Then you can go ahead and send your trading capital. We will setup and fund your MT4 trading account as soon as we receive your money. Your MT4 login info will be emailed to you, as well as the sign up links for the free services we have for our live account holders, like our robots and live trading room.

Additionally, you will receive two more emails from us that ask you to complete your online profile, verify your identity and physical address and sign the client agreement.

Identity And Address Verification:

By law, anybody who wants to have a live account has to verify his/her identity and physical address.

To verify your identity you can send us the copy of your passport or photo ID like driver’s license. To verify your physical address you can send us the copy of your utility or phone bill or bank statement.

Client Agreement:

There is a client agreement that has to be read and signed by all of our live account holders.

Bottom-line:

It is as easy as 1, 2, 3 to sign up for a live account with Forexoma:

1. Submit the online registration form:
   - Individual/Joint Account
   - Corporate
2. Check your email and click on the verification link.
3. Wait for us to approve your account. You will be informed via email upon our approval.
4. Login to your Forexoma account and learn about the funding/withdrawal methods.
5. Choose a funding method and send your trading fund.
6. Wait for us to receive your money, setup and fund your MT4 account and send you your MT4 login info.
7. Wait for our other emails to complete the other registration stages including the identity and physical address verification and signing of the client agreement.
8. You are done.

Please note that you can withdraw from your account only when you have completed all of the registration stages.

Frequently Asked Questions (FAQs):

1. What is the minimum account balance?
$500

2. What is the minimum lot size I can trade?
0.1 lot.

3. What is the maximum leverage you offer?
100:1

4. Do you offer swap free accounts?
No, we don’t.

5. How much is your spreads?
Spread is not constant. You can sign up for a demo account account and check our spreads. Our demo account spread is exactly the same as our live accounts. If you sign up for a live account, you can have access to the Forexoma Online Trading Room for free and not only learn how to trade, but also receive the trade setups and signals for over 25 currency pairs.

6. If I open a live account, will you also teach me how to trade?
Yes, we do. If you open a demo account, we will teach you how to use the platform (MT4) for free. If you sign up for a live account, you can have access to our live trading room for free and learn how to trade. Additionally, you will receive the buy/sell signals and trade setups from us.

7. How can I fund my account?
You can fund your account through bank wire and PayPal. If you like to use your credit card or bank account to fund your MT4 account, you can use PayPal.

8. How can I withdraw money from my account?
You can withdraw through the same method that you used to fund your account. For example, if you fund your account through bank wire, you can withdraw your money through bank wire only.

9. Who can withdraw money from my account?
You are the only one who can withdraw from your account, if you have an individual account. If you have a joint account, your partner(s) can withdraw too. For the corporate accounts, the company can withdraw from the account. It means the money will be sent to the company bank or PayPal account.

10. Do you charge any commissions?
No, we don’t.

11. As a live account holder, what other services will I have access to?
We have the Forexoma Robots and Forexoma Online Trading Room for our live account holders for free.

12. What kind of currencies do you support to open an account?
You can have your trading account in USD, EUR, GBP and JPY.

13. What is your platform time?
GMT+0 which is EST+4.

14. Do you offer VPS?
No, we don’t.

Further Reading: Before leaving our website, please take a look at the other articles we have published.

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