Account opening procedure for new FXCM Accounts
Step 1: Submitting your application
Fill out the FXCM online account application via
https://secure2.fxcorporate.com/fxtr/?ib=Traders_Development
- Choose USD 100K or USD Mini Trading Account
- Choose your Registration Account Option: Individual, Joint, Corporate, Partnership,
Trust or LLC.
- Click “Open an Account” button.
- Fill out all the forms in steps 1-4, and then submit your application.
Step 2: Submitting the LOD Form
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Print out and read carefully the
LOD (Letter of Direction) Form.
-
Fill out blank fields:
- “Account holder name”
- “Print Name of Account Holder”
- “Authorized signatory”
- “Print Name of Authorized Signatory”
- “Date”
If you have chosen a Joint Account, the joint account holder should fill out “Print
Name of Account Holder,” “Authorized signatory,” “Print Name of Authorized Signatory,”
“Date” fields.
-
Submit LOD form to FXCM by:
- email (signed and scanned) to info@fxcm.com
- fax 1-212-897-7669
- or mail to address:
FXCM
Financial Square
32 Old Slip 10th floor
New York, NY 10005
-
Assuming all requirements are satisfied, you will receive pending account number
by email.
Please note: FXCM may request your ID and Proof of Residence.
Step 3: Funding your account to begin trading
We recommend that you fund your account after you've received an e-mail confirmation
that your account set-up is complete.
-
Fund your account using the pending account number as the reference (information
on account funding can be found here:
http://www.fxcm.com/depositing-funds.jsp).
-
Once funds arrive in the name of the account holder, a permanent username will be
sent by e-mail. Use this new permanent login information to access the Avalon FX Pro
Trading Terminal and begin trading your new account.
Step 4: Getting the Avalon trading software
- Download FXCM Direct Avalon FX Pro terminal at the following URL:
http://www.tradersdev.com/Downloads/FXProTerminal-4.1-FXCMDirect.exe. Even if
you have previously installed FXCM Direct Avalon FX Pro Terminal it is required
that you have the latest version installed before you begin live trading with FXCM.
- Install FXCM Direct Avalon FX Pro Terminal on your computer.
- Select “Live” in “Forex Server” field.
- Enter username and password provided by FXCM in step 3 into the FXCM Direct Avalon
FX Pro Terminal.
- Click “Connect.”
Enjoy Trading!
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