How to Open Live Trading Account?

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Forex is a potential market to trade. And for trading in Forex traders need a trading account.
Let’s See the process of open a live trading account.
Live Trading Account















Follow these simple steps to open a live trading account-


Step 1-
Choose a broker and platform where the option of a live account is available. We recommend the MT4 platform as it is the easiest available platform.

Step 2- 
there will be 2 options available on the platform of trading accounts.
1. Open a Live Trading account
2. Open a demo account
Select the option of  Live trading account.

Step 3-
Click on Register and fill in your personal details to register with the broker.

Step- 4
Click on finish option, you will see this screen asking for personal details after filling all Personal details you can click on next then you will be asked to submit documents to complete the verification process, and after submitting documents, the verification process is complete. Then you need to fund your account.
Your live trading the account is ready.

Step- 5
Download the MT4 software either on your desktop or your mobile devices (it is available on both IOS and Android devises)

Step- 6
To start your Forex trading and for placing an order click on “New order”. And after selecting the “new order” option, this window will appear. In mobile with double click on the selected currency pair, a “new order” option will appear in the same account.

Step- 7 Here you can place bids for stop-loss level, take profit level, and can proceed the same. After order execution, the profits will be booked on your placed order.

So this is the complete process to open a live trading account and how to place an order.
Happy Trading!
For more Share market tips Click here:- Alliance Research

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