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Resources |
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Resources - Application procedure |
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To participate in the Spot Forex Leveraged & Protected Capital Trading Program account opening procedure is as follows:
You are required to open an account with a mutually acceptable Bank or Trading House.
We have firmly established relationships with a carefully selected group of industry respected financial institutions which we prefer to trade through in the knowledge that they offer an excellent all round trading and execution platform.
We will send you all necessary paperwork, or you can download it, and will facilitate the opening of the account with the Bank or Trading House for you. |
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International and Swiss Law stipulates that we must “Know our Client”
Even though we are not taking any monetary deposits from you we are still required to carry out this procedure.
Therefore you also are required to complete the Spot Forex, Forex Management Account Investment Agreement, along with the Risk Disclosure Statement and Due Diligence Form. |
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On receipt of all the above completed documents and with confirmation by Legal & Compliance that your account is ready to trade, trading commences.
You remain in complete control of the cash movement in your account at all times.
Spot Forex only has limited power of attorney to trade the account through the designated Bank or Trading House and has no power on movement of your funds what so ever.
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