What documents are required to open a trading account?
The documents needed to open an account depends on the type of account and the applicants. You will be prompted for all required documentation specific to your account during the application process but generally we require the following:
- Valid proof of ID – Passport, driver’s license, and National Identity Card, and
- Proof of address – Bank statement, utility bill (gas, heating, electricity, and internet) or tax invoice dated within the last three months and issued to your name and address. Please note: we cannot accept mobile/cell phone bills and credit card statements as a proof of address.
Please make sure when completing your application to use an address which can be verified by your supporting documentation. If you cannot provide a matching proof of address on your application, we will not be able to open the account.
If you want to enable someone else to trade on your account, you (the rightful owner of the account) will need to complete and sign a Limited Power of Attorney (LPOA) document. By doing so you will authorise the person to trade on your behalf. They will not be permitted to make deposits and withdrawals.
If it is a corporate, trust or superannuation application, you will be requested to provide additional supporting documents during the application process. Documents can be uploaded directly within the application process or emailed to firstname.lastname@example.org.