How much time does it take to open a forex account from getting the application form to opening it

Updated on society 2024-02-09
9 answers
  1. Anonymous users2024-02-05

    Generally, it takes 1-2 business days to open a new foreign exchange account, and the minimum amount is 500 USD. However, at the time of opening an account.

    Pay attention to whether the company has a registration number and whether it is regulated, otherwise it is easy to be deceived. I have a friend.

    I was almost fooled before, and then I have been speculating in foreign exchange in Daojin International Financial Group, which is not bad.

  2. Anonymous users2024-02-04

    The higher the leverage, the lower the margin, the less insured, I have interspersed with several foreign exchange companies, one of which has a minimum of 500 US dollars, followed by 1000, and 3000 3000 US dollars, this is very regular, the higher the leverage, the higher their returns, the faster you lose.

  3. Anonymous users2024-02-03

    It takes 1-3 working days to open a foreign exchange margin account. The minimum amount varies from 250 to several thousand depending on the dealer, with 100-400 times leverage, which can be used for two-way trading and hedging transactions, setting stops and limits, and holding orders.

  4. Anonymous users2024-02-02

    1 3 days, the platform I use is the minimum 500, but the funds are too small, I suggest you do not interfere in foreign exchange, the money is not so lost.

  5. Anonymous users2024-02-01

    It's all **company,**foreign exchange,**, all of which are fraudulent fees.

  6. Anonymous users2024-01-31

    Application materials: When opening a current account for the first time, a domestic institution should register the basic information of the domestic institution at the Foreign Exchange Account Management Section of the Current Account Division of the Department of Foreign Exchange Administration in Beijing, and then go through the account opening procedures at a designated foreign exchange bank. 1. The original and photocopy (original and duplicate are acceptable) of the business license or the registration certificate of the resident representative office of the foreign (regional) enterprise (the office in China); 2. The original and copy of the ** certificate of the organization (both original and duplicate are acceptable).

    Procedures: 1. If a foreign-invested enterprise has applied for the Foreign Exchange Registration Certificate for Foreign-invested Enterprises, it does not need to register its enterprise information with the foreign exchange bureau, but can directly go to the designated foreign exchange bank to open a foreign exchange account under the current account. 2. If a domestic institution has gone through the basic information registration procedures or has opened a foreign exchange account under the current account, if it needs to open a new foreign exchange account under the current account, it can go directly to the designated foreign exchange bank to open an account.

    3. The procedures for changing the opening bank and closing the account of the foreign exchange account under the current account shall be handled directly at the opening bank. 4. To open a current account in Beijing, a non-local enterprise should first register the basic information at the foreign exchange bureau of the place of registration, and then go to the foreign exchange account management section of the current account department of the foreign exchange administration department of the foreign exchange administration department in Beijing to go through the basic information registration formalities.

  7. Anonymous users2024-01-30

    Chinese. Accounting Online School Indulgence Jump Reply: 1

    Conditions for opening a foreign exchange account under the current account The State Administration of Foreign Exchange of the People's Republic of China stipulates that a domestic institution (excluding financial institutions) that meets one of the following conditions may apply to the local State Administration of Foreign Exchange and its branches (hereinafter referred to as the foreign exchange bureau) to open a foreign exchange account under the current account: (1) Approved by the competent administrative department, it has the right to operate foreign-related or has foreign exchange income under the current account; (2) Foreign exchange income for special and designated purposes such as donations, aid, and international postal exchange. 2.

    Conditions for opening foreign exchange accounts under the capital account The State Administration of Foreign Exchange stipulates that foreign exchange under the capital account may be opened to retain foreign exchange as stipulated by the State Administration of Foreign Exchange: (1) Foreign debts borrowed by domestic institutions, foreign debt re-loans, and foreign exchange loans from domestic Chinese-funded financial institutions; (2) foreign exchange used by domestic institutions to repay the principal of domestic and foreign exchange debts; (3) Foreign exchange from the issuance of ** income by domestic institutions; (4) Capital invested in foreign exchange by the Chinese and foreign investors of the foreign-invested enterprise; (5) Foreign exchange remitted by foreign legal persons or natural persons for the purpose of preparing for the establishment of foreign-invested enterprises; (6) foreign exchange obtained from the realization of the stock of assets of domestic institutions; (7) Foreign exchange of B shares traded in China by foreign legal persons or natural persons; (8) Foreign exchange under other capital accounts approved by the State Administration of Foreign Exchange.

  8. Anonymous users2024-01-29

    Identity card. A bank card (which also requires enough money) and a few more big names are OK! The other half is left alone.

  9. Anonymous users2024-01-28

    The platform that automatically converts to US dollars is now open an account online, and UnionPay card deposits and withdrawals are convenient and fast The minimum is only 5 US dollars, and you can start foreign exchange trading.

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