Opening a Trading Account

You can apply for an account with FOREX.com online. Start your application now.

We will attempt to electronically verify the identification of all Canadian residents. If we are unable to verify, applicants may be required to submit additional documentation to verify name, address, date of birth and/or financial account. Below is a list of acceptable documents for each validation category.

To verify name and address the following documents are acceptable:

• Utility bill (examples: electricity, water, or telecommunications)
• Record of employment
• Canada Pension Plan (CPP) statement
• Benefits statement issued by a federal, provincial, territorial or municipal Canadian government body.

To verify name and date of birth the following documents are acceptable:

• Insurance documents (auto, life, or home)
• Canada Pension Plan (CPP) statement of contributions
• Original birth certificate
• Marriage certificate or government issued proof of marriage (long form)
• Divorce documentation.

To verify name and financial account the following documents are acceptable:

• Credit card statement
• Bank statement
• Loan account statement (example: mortgage)
• A cheque drawn from your own personal chequing account at a Canadian bank in as little as $1.00 payable to FOREX.com for deposit into your new account

Note: Scanned, photocopied, or faxed documents are not acceptable. All documents must be original (received or obtained directly from the issuer through post or downloaded from the issuer’s site).

If required to submit documentation to verify identification, the quickest way to submit is via My Account, our secure online account management portal. Simply <a href=">login to My Account using credentials provided to you during account opening process.

FOREX.com’s Customer Due Diligence (‘CDD’) program requires that we verify the source of our clients' funds. This is fundamental in complying with anti-money laundering laws and managing fraud risks. Therefore, we may request you to provide a bank statement or card account statement.

The minimum initial deposit required is at least 50 of your selected base currency. However, we recommend you deposit at least 2,500 to allow you more flexibility and better risk management when trading your account.

We will email you as soon as your application has been approved. Alternatively, you can always log in to MyAccount to check on the status of your account application.

You may request an additional account by logging in to MyAccount, clicking on Settings, then selecting "Add New Account."

The fastest way to provide us with supporting documentation is via MyAccount. log in and follow the instructions to upload your documents.

You can also email or mail us your documentation:

Email: NewAccounts@FOREX.com

Mail:

Bedminster One
135 US Highway 202/206, Suite 11
Bedminster, NJ 07921 

No, FOREX.com has staff available to translate documents from many languages.

The address verification document for a corporate account application should display the entity’s name and primary business address.

Articles of Incorporation state the purpose for which the company was formed, indicate the members of the company, and sets forth its purpose according to the laws of the state in which it is established. These documents are sometimes referred to as Articles of Association and Memorandum of Association and should also include a breakdown of the shares of the company. If any shareholder owns more than 10% of the company, we will require full verification for that shareholder.

The corporate breakdown of shares or Share Registry should be within the official Articles of Incorporation. If the details are not within the corporate documentation, please provide the Share Register and/or Share Certificates for all shareholders.

A Certificate of Incorporation is a statement which confirms that a new company has fulfilled the necessary legal requirements for incorporation and is duly incorporated according to the local government or other regulatory agency.

Yes, both account holders must provide the required documentation.