Frequently Asked Questions
What you must know before you open a live account?
Before you fill the application, make sure you have had access to, reviewed and understand the full set of ECN Trade Pty Ltd legal documents including our Client Agreement, PDS and FSG and understand the products we provide on our platform. Before we open account for you, we also need you provide the required documents(Copy of Photo ID, Proof of address etc.) to comply with our obligations to verify client suitability and AML/CTF assessment. When the verification and assessment is completed, your trading account details will be sent to your nominated email within 2-24 hours on normal business day.
What documents are needed for an individual account?
Identification and your proof of residence.
Examples of photo ID:
- Driver's License
- Identity card
Examples of Proof of Residence:
- Recent Bank Statement
- Recent Utility Bill
- Phone Bill
- Bank Letters
- Tax Bill
What are the fees for applying account?
ECN Trade doesn't charge account set-up fee, account management fee, any account services or fees for incoming deposits. We recommend you contact your bank regarding any fees they or their associated intermediary banks might charge. For further information, please contact ECN Trade admin via Email firstname.lastname@example.org.
What documents do I need to open a Corporate account?
Certificate of Incorporation
Government issued ID of authorized trader(s) and any shareholder or owner.
Proof of residence for the authorized trader(s) and any shareholder or owner.