I want to emphasize the importance of this video, as it marks the beginning of our trading journey. Before diving into Forex trading, it’s crucial to have an account set up with a broker. In this video, we’ve chosen FXPrimus as our preferred broker.
Once you’ve registered, you’ll automatically become a member of the RichDadph trading community, which we’ve established to support and assist our members. If you’ve signed up with FXPrimus but didn’t use my User ID, don’t worry. Simply send us a message on our Facebook Page to express your interest in joining our community.
Let’s say you’ve already clicked the link we provided.
In the first step, you’ll see “Complete your Profile to Start Trading” on your screen. Here, you’ll need to enter your name, email address, current country, preferred language, and phone number. Please double-check the information you’ve entered. Once you’ve filled out the form, click on the “Go to next Step” button at the bottom.
Step 2 involves entering your mailing address, which is vital and should match the address on your billing statements, such as electricity, telephone, or water bills. This step is crucial for account verification. Be sure to include your zip code, province, and your birthday, which should match your government-issued ID, like a driver’s license, unified ID, or passport. Then, click on the “Go to next Step” button.
In Step 3, you’ll answer a series of YES or NO questions about your trading experience. If you’ve previously participated in our forex sessions, trainings, or seminars, choose YES. If you’re a first-timer, select NO. The next question repeats the process regarding your trading experience. For employment status, choose the option that best describes your situation. Regarding the source of funds for trading, level of education, estimated annual income, net worth, and estimated investment amount, please enter appropriate responses. Choose ‘Speculative’ for the intended purpose of trading, ‘Variable Spread’ for account type, and a leverage of 1:500.
For those in the Philippines, the base currency is typically US Dollar, but you can choose based on your personal preference. Finally, there’s a question about derivative products; select NO, and then click “Go to next Step”. A confirmation screen will pop up, asking whether to continue or switch to a demo account. It’s important to read the message on the confirmation screen carefully, as it contains a reminder about the risks involved in Forex trading. Since this video is about signing up for a real account, please select CONTINUE.