How to Open a Forex Trading Account? Forex trading is an exciting business. There is so much hype surrounding it online, but how exactly can the average person get started with trading forex? The first thing that you'll need to do is decide on a broker. This can be accomplished by playing with different forex demo accounts by various brokers. You can find a list of forex brokers here. Once you've decided on a broker, the process becomes a standard bureaucratic process that is similar to opening a bank account. Here Are a Few Things That Are Typically Required Name Address Email Phone Number Account Currency Type A password for your trading account Date of Birth Country of Citizenship Social Security Number or Tax ID Employment Status Financial Questions: Annual Income Net Worth Trading Experience Trading Objectives You might ask yourself, why do they want to know all of these things? The simple answer is...