Question: What documents are required to open MT4 accounts with Swiss Markets?
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Documents required for account verification
Swiss Markets, being a regulated company, is obliged by law to verify your identity and ensure compliance with Anti-Money Laundering rules and regulations.
These measures are put in place to protect you and ensure that no unauthorized person can register an account in your name.
Accordingly, traders need to provide the broker with the following documents:
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1. Proof of Identity
Passport and/or national identity card.
The attached file must be valid (i.e. not expired) and clearly readable.
2. Proof of Residence
A utility bill such as: electricity, water, gas or landline phone bill or a bank statement, showing your name and address as listed on your application and issued within the last 6 months.
Please note that SwissMarkets does not accept mobile phone bills and bank receipts as proof of residence.
In case you do not have any of the above documents you may provide them with a certificate of residence from the local authority of your country of residence.
How to open Swiss Markets MT4 account?
$200 Minimum Deposit Requirement
Other than the above documents, you also need fund to invest online in order to start trading Forex and CFDs with Swiss Markets.
Swiss Markets requires $200 as the minimum deposit amount for Classic STP and Raw Spread Swiss 11 account.
You can transfer your investment fund to Swiss Markets via various ways such as bank wire transfer, credit and debit card, and online wallets.
As long as you have fund to invest with, and copies of your ID and proof of address, you can start trading with Swiss Markets.
Swiss Markets is an online Forex and CFD broker with STP execution.
For more information about the available financial markets on Swiss Markets MT4, visit the page here.