INSTRUCTIONS FOR OPENING A COMMODITY TRADING ACCOUNT
(Based on the Instructions for Opening/Closing Commodity Trading Accounts issued by MXV and applied from September 1, 2023)
Customers including individual customers and corporate customers need to submit complete documents and fill in the following information:
For individual customers:
- CCCD/Passport
- Phone number, email
- Bank account information
- Customer signature
For business customers:
- Business license
- Company phone number and email
- Bank account information
- Company representative information includes: ID card/Passport, phone number, email.
The application file for opening a trading account (TKGD) includes:
- Account opening registration contract
- Risk Disclosure Statement
- Application form for using trading platform
- Online Commodity Trading Agreement
- Spread/LME trading appendix (if any). OPEN AN ONLINE ACCOUNT “HERE”
Trading account activation process:
Once the application is completed and the account is approved, the customer will be provided with an account number for transactions.
- Download and install trading software
- Deposit funds into the trading account via SFVN. (Note that SFVN as a Business Member of MXV does not hold client funds. SFVN will transfer all client deposits to MXV to fund the client's trading account).
- Deposit funds into the trading account via SFVN. (Note that SFVN as a Business Member of MXV does not hold client funds. SFVN will transfer all client deposits to MXV to fund the client's trading account).
- Log in to the trading software, change your password for the first time and start trading.
- Trading account risk management
