What are the requirements and process of opening an auto trade gold account?
Anyone could not open an auto trade gold account on the platform. If you wish to have an automated trading account with the bots, you should keep the below-mentioned factors.
You could not open a digital trading account that involves transactions of real money or properties like gold without showing your real identity. As you could not create a fake account with fake details, you must submit your real identification proof. You should ensure your photo’s visibility on it.
Like your personal identity, it has become mandatory for all digital account creation processes to verify your email address. Hence, it is necessary to have one email under your name. This mail address should be accessible anytime. If you do not know the password or other credentials, you should create a new address as you will receive a mail of activation while you create your account.
You are about to deal with gold and trade with various other people in the market. So, you would have to deposit your trading capital and take out the profit and losses to a bank account. None of these processes would happen if you lack an active banking account. So, you should ensure you have an active bank account.
After showcasing all the required documents and credentials, you can create a trading account and buy the bot as follows,
• You should create a broker account using any of the trusted online trading brokers.
• The account verification process will take place.
• After the verification, you should select gold as your trading type.
• You can deposit as much as you wish as your trading capital. You could only trade with this much money.
• You should complete the purchase of the bot by paying the required amount.