1. Register with Marketiva.
Read this first:
On signing up, a bonus of $5 real money will be put in your account, plus $50,000 of practice money. With this, you can decide whether to perform trades using the practice $50,000 (demo account) or the real $5 (live account). The only difference between the two is that the live uses real money and the other uses dummy money therefore while the trades are exactly the same, only the profits (or losses) from the Live trades are real. The demo account is only meant for you to have something to practice with before venturing with real money.
When you put money into your account (called funding your account), it reflects in the Live account, similarly when you take out money, it is removed from the Live account. Money in the demo account cannot be withdrawn because it doesn’t actually exist.
It is STRONGLY RECOMMENDED that you start off practicing with your demo account before trying to use live money.
Note also that after registration, you will be required to provide certain documentation showing proof of identity. It is advisable, therefore, to get these ready so that when you get the request for identification, you can attend to it immediately. Failure to provide these documents will cause your account to be suspended until you provide them. For Marketiva, you will need to email them a scanned copy of the photo page of your International passport or driver’s license PLUS a copy of any utility bill like gas bill, electricity bill etc.
The passport/driver’s license is meant to ascertain your face and name, while the utility bill is used to confirm your address, therefore when signing up, make sure that the name you use matches what is on your passport/license and that the address you use matches what is on your utility bill.
Now that we know all this, click here to go to the sign up page and register for a Marketiva account.