Do you want to open an account with CherryTrade? We take you through the process and make it easy for you in our article CherryTrade open account:
CherryTrade open account – how to
Opening your account with CherryTrade is a quick and easy process, if you know how to do it.
Step 1: Fill out the form on CherryTrades website
The first step of opening an account with CherryTrade is letting them know who you are. To do this, fill out the short, simple form on CherryTrade’s website. Don’t worry – you do not need to provide detailed information about yourself. CherryTrade only asks for your name, your email, your telephone number, and a password for your new account.
The most important step in filling out this form is choosing the right currency for your account. Once you hit the submit button, you can’t change your account’s currency ever again. Make a good choice now, so you do not need to regret it later. When you have completed the form, click submit. Your new binary option trading account is now open.
Step 2: Fund your account
Now that you have your own account, you need to fund it – without money, you have nothing to invest. Luckily, CherryTrade offers plenty of ways to deposit money into your account. You can choose credit card payments, wire transfer, or an ewallet.
We recommend depositing money by credit card, as this allows you to also withdraw money by credit card. To avoid money laundering, you can only as much money by credit card as you deposited by credit card. Therefore, you should use credit card deposits from the beginning and keep all you options open.
When funding your account, you should also consider CherryTrade’s [account models. The more money you deposit, the higher of an account you will get. Higher account types come with a higher deposit bonus, thereby giving you more cash for free. If you are close to getting the next higher account type, you should consider investing a little more to yield a high return.
Step 3: Validate your account
After you opened and funded your account, you are almost done. In the final step, you only need to prove that you actually are who you claimed to be when you registered. Simply send a picture of your ID (front and back), a picture of a utility bill or any other proof of residence, and, if you deposited money by credit card, a picture of your credit card (front and back, the middle 8 numbers and the CVV blacked out).