Open an FXCM Stock Trading Account

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IMPORTANT NOTICE

FXCM Stock Trading will only conduct business with a client for whom it considers such business to be appropriate and, in assessing appropriateness, will rely on the information provided by the client in his/her/their application form. For this reason, it is essential that you immediately advise us in writing if there is subsequently an adverse change in the information you have provided.

For clients on-boarded prior to 24 April 2012, the following terms govern your account: Retail Client Agreement. Please be advised that the terms governing your account will be replaced with the following terms on 14 May 2012: New Terms of Business.
For clients on-boarded on or after 24 April 2012, the following terms govern your trading account: New Terms of Business.

Please ensure you read, understand and agree to the following before submitting your application:

The minimum deposit to open a new FXCM Stock Trading account is $2,000.

  • Individual Trading Account

    Complete this application if your account is to be operated in an individual name.

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  • Corporate Trading Account

    Complete this application if your account is to be operated in a company name.

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  • Joint Trading Account

    Complete this application if your account is to be operated in joint names.

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Supporting Documentation

Upon completing your online application, you may be asked to provide supporting documentation, in accordance with your requested account type. We recommend that you submit your documents to our New Accounts department within 24 hours of your online application submission. Click on our "Live Chat" feature for the status of your new account setup.

For individual and joint account holders:

FXCM Stock Trading requires a copy of the following for each named account holder:

  1. 1.
    A photocopy of one form of a non-expired, government issued photo ID.

    Your identification must clearly indicate your date of birth. All documents that contain an expiration date must be valid, unless stated otherwise.

    Examples Include:
    • Passport
    • Driving license
    • Non-driver's ID
  2. 2.
    A proof of residence dated within six months for the address indicated on the application. (PO Boxes are not acceptable.)

    Please note that we are unable to accept any statement or bill that has not been received in its entirety. Information such as the billing name and address must be visible, as well as the company that has issued the bill. Your document must not be folded. Payment stubs are not acceptable, as they display limited information. Confidential information, such as an account number(s), may be removed at your own discretion.

    Examples Include:
    • Gas bill
    • Electric bill
    • Telephone bill
    • Mortgage bill
    • Credit card statement
    • Bank statement
    • Current lease agreement
  3. 3.
    A completed form W-8BEN

    Residents of United States tax treaty countries are required to send an original signed copy of the W-8BEN form to FXCM, otherwise you may be subject to a higher rate of tax withholding on dividends in your account. List of Tax Treaty Countries

    Download Form W-8BEN

You may submit all your documents as scanned images (JPG, GIF, DOC, PDF-no password protection please) to our New Accounts department at admin@fxcmstocktrading.com. You can also FAX your documents to +44 20 7903 6117.

You must also submit the original paper copy of Form W-8BEN to FXCM via postal mail.

US regulations require that FXCM retain the original signed paper copy of Form W-8BEN. FXCM may or may not elect to temporarily allow trading on your account once we receive an electronic or FAX copy, but will need the original form as soon as possible to avoid the higher rate of withholding tax. Form W-8BEN can be sent to:

FXCM Stock Trading
Attention: New Accounts
Northern & Shell Building
10 Lower Thames Street, 8th Floor
London EC3R 6AD
United Kingdom

For More information about Form W-8BEN, US withholding tax, and how to complete this form, please visit the W-8BEN Page.

FOR CORPORATE ENTITIES:

  1. 1.

    Certificate of Incorporation for the business as evidence of business registration.

  2. 2.

    Articles of Organization, or the comparable official document, indicating that the signers are members of the corporation and authorised to set up the FXCM account.

  3. 3.

    A breakdown of the company shares showing all shareholders/beneficiaries. If any shareholder owns 25% or more of the company, we will require a government-issued photo ID and proof of residence for these individuals.

FUNDING YOUR ACCOUNT TO BEGIN TRADING

We recommend that you fund your account after you've received an e-mail confirmation that your account setup is complete.

Based on the selected currency, refer to the corresponding account type for the account deposit minimum:

Account Type Currency
  USD EUR GBP CHF
Individual Account $2,000 €2,000 £2,000 2,000
Joint Account $2,000 €2,000 £2,000 2,000
Corporate Account $10,000 €10,000 £10,000 10,000
Trust Account $10,000 €10,000 £10,000 10,000

To review all funding options and details, visit the deposits page.

Once funds arrive in the name of the account holder, a permanent username will be sent by e-mail. Use this new permanent log-in information to access your account and begin trading!