Opening Account
OPENING A COMMODITY TRADING ACCOUNT
(Based on the Guide to Opening/Closing a Commodity Trading Account issued by MXV and applied from September 1, 2023)
Customers including individual customers and corporate customers need to submit all documents and complete the following information:
For Individual customers:
ID card/passport
Phone number, Email
Bank account information.
Customer signature
For Corporate-type customers:
Business license
Company email phone number
Bank account information
Company representative information includes ID card/passport, phone number, email
The set of respective agreements for opening a trading account (TKGD) at SFVN includes:
Account opening registration contract
Risk identification information disclosure
Registration form to use trading platform
Agreement to trade goods online
Spread and LME trading appendix (if any).
Procedure to Activate Live Trading:
After registration is completed and account has been approved, customers will be provided with an account number to trade.
Download and install trading software.
Deposit to trading account through SFVN. (Note that SFVN as a Trading Member of MXV does not hold your funds. SFVN will be transferring all funds to MXV’s customer margin account for the account of all our respective customers.)
Trading platform login ID and password will be sent via email to customers after successful deposit.
Log in to Trading platform, change your password for the first time and start trading.
Monitor margin rates