Opening an Account FAQs
How much money do I need to open an account?
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The minimum deposit to open an account with FOREX.com is £250
Opening an account is easy. Simply complete the following three steps.
1. Complete Application
You can apply online or download the necessary forms from our website.
2. Verify Personal Information
- U.K. Residents: You are not required to submit additional information at this time.
- Residents outside the UK: Please submit two (2) forms of identification, including one (1) photo ID (i.e. passport or any other government issued document evidencing nationality or residence and bearing a photograph), AND one (1) proof of address as represented on this application (i.e. utility bill, drivers licence, bank statement, etc). Required of all authorised signatories of this account.
New account paperwork can be faxed, emailed or mailed.
Fax: +44 (0) 20 7236 4870
Email: newaccounts@forex.com
Mail:
FOREX.com
Attn: New Accounts
23 College Hill, 3rd Floor
London, EC4R 2RT
3. Fund Your Account
Once your account is open, there are two convenient ways to fund your new trading account:
- Credit or Debit card
- Wire transfer
What is the best way to send new account paperwork?
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The fastest method to send new account paperwork is by fax or email. New documents should be faxed to +44 (0) 20 7236 4870 or e-mailed to newaccounts@forex.com. Lower quality or old fax machines are often difficult to read. If you do not have access to a high quality fax machine, scanning and then e-mailing the image is often times a simple solution. If you do not have access to either a fax machine or a scanner, documents can always be sent through the mail to:
FOREX.com UK Ltd.
Attn: New Accounts
23 College Hill, 3rd Floor
London, EC4R 2RT
How do I know if my account has been opened?
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Once your account is opened, you will receive an email with your username and instructions for accessing your account.
There are two easy ways to fund your account.
Credit or Debit Card - The fastest way to fund your account
Wire Transfer - Funds are typically available after 1-2 days
To Fund your account: Login to Website Trading and visit the HOME tab > Add/Withdraw Funds.
We understand that the safety of client funds is of utmost importance to all our clients. Please note that in accordance with FSA regulation in the UK, FOREX.com UK strictly adheres to FSA CASS rules requiring that all client funds be segregated and separately accounted for to protect our client’s assets. As such, FOREX.com UK has trust letters in place with all depositories that hold client assets and we perform a daily client segregated funds calculation to ensure all client assets are adequately segregated. In the unlikely event of a default, all client assets would be protected and the segregated clients would have creditor priority over any and all claims. In addition, FOREX.com UK maintains significant excess capital in excess of regulatory requirements, actively reviews and monitors counterparty risk and is governed by a risk committee comprised of Senior Management members. We hope all the measures and processes in place, as well as those mandated by the FSA, alleviate any concerns you have regarding the safety of your assets on deposit with us.
