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June 23, 2017

What documents are required to open FX account with FXPro?

What are the required documents to open FX account and trade with FXPro?

Summary of required documents to verify your account.

Required Documents to open FX account with FXPro

If you are looking to trade Forex and CFD online with FXPro, then you may need to submit the following 3 types of documents to the broker.

It is required in order to verify your account and personal information.

Here are the 3 types of Documents you need to trade Forex with FXPro.

1. Verify Passport or Identification Card

Copy of your ID (FRONT and BACK)

FXPro needs a copy of your valid International Passport, National ID card or Photocard Driver’s in order to verify your identity (for your National ID or Driver’s licence both back and front copies are required).

The document should have as a minimum:

  • Your full name
  • Photograph
  • Unique number
  • Signature
  • Date
  • Place of birth Nationality

Of course, International Passports or National IDs are country specific and the information contained therein varies.

Should you have any questions please do not hesitate to contact FxPro.

Visit FxPro Official Website

2. Proof of Residence

A copy of a proof of residence (e.g. utility bill) not more than six months old is required in order to verify your permanent residential address.

The document should, as a minimum, demonstrate the following information:

  • Client’s First Name
  • Residential Address (street name and number, city and country)
  • Date of issue

Examples of such documents include: water, electricity, gas or telephone bills, bank statement, any letter issued from a recognized public authority (such as income tax assessment order – subject to the satisfaction of the firm).

Should you have any questions please do not hesitate to contact FxPro.

Go to FxPro Official Website

3. Copy of Debit / Credit Card

FxPro reserves the right to request a copy of your credit/debit card and credit/debit card statements for security purposes.

If a copy of your card has been requested by FXPro’s accounting department, please black out the 2nd to 12th numbers on the front (and back if necessary) of your credit/debit card image.

Also black out the three digit CVV number on the back of your credit/debit card image.

If you prefer to take a picture of required documents from your mobile device, you can capture the image of your Proof of ID and Proof of Address and forward both to FXPro.

You must submit your document using the e-mail address you have registered with FxPro.

Visit FxPro Official Website

Why do I need to submit the documents?

FXPro is a fully regulated and licensed broker, and requires all investors to verify their identities before start trading in order to provide safe investment environment.

You can submit the documents to FXPro via email or directly upload them on FXPro Direct.

You can simply scan your documents (ID, Proof of Address and card) or take a photo, and send them to verify your trading account.

Through FXPro Direct, your information and documents stay safe and confidential.

FXPro does not share the information to any other third parties.

Do you have any questions about how FXPro is processing the documents and account verification procedures?

Contact FXPro support team from FxPro Official Website.

Go to FxPro Official Website

Every broker requires the same documents

The requirements to open and verify information are the same for every FX broker.

When you trade with any other FX and CFD brokers online, you always need to provide the same type of document in order to complete the account verification.

Some brokers may limit the options and tools available for traders who haven’t verified the account information.

For the proof of address document, each broker also requires it to be not older than the certain months.

Are you interested in opening Forex account with other brokers? Then you are recommended to prepare your documents and open them all at once to save your time in the future.

For the list of online Forex and CFD brokers, visit the page below.

List of FX and CFD brokers

For the comparison of FXPro’s trading platforms, visit the page here

Required Documents for Corporate Account

With FXPro, you can also open a corporate (company) account.

FXPro offers the same trading conditions for both individual traders and corporate, opening a corporate account can be useful if you need to transfer your funds from the corporate bank account directly.

To open a corporate account with FXPro, you first need to open an account normally with your personal information.

Then you need to contact FXPro’s support team and submit corporate documents such as certificate of incorporation and Articles of Association etc.

For more information about the documents required for corporate accounts, please contact FXPro support team from the FxPro Official Website.

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