How can I upgrade my demo trading account to a live trading account?
Joshua RoseDec 26, 2021 · 3 years ago3 answers
I have been using a demo trading account for a while and now I want to switch to a live trading account. How can I upgrade my demo trading account to a live trading account? What steps do I need to follow?
3 answers
- Dec 26, 2021 · 3 years agoTo upgrade your demo trading account to a live trading account, you will typically need to go through a verification process. This process may require you to provide personal identification documents, such as a passport or driver's license, as well as proof of address. Once you have completed the verification process, you can usually upgrade your account by following the instructions provided by your trading platform or exchange. Keep in mind that different platforms may have different requirements and procedures, so it's important to carefully read and follow the instructions provided.
- Dec 26, 2021 · 3 years agoUpgrading from a demo trading account to a live trading account is usually a straightforward process. Most trading platforms or exchanges have a dedicated section or page where you can initiate the upgrade. Look for an option like 'Upgrade to Live Account' or 'Switch to Real Money Trading'. Click on that option and follow the instructions provided. You may be asked to provide additional information or go through a verification process. Once you have completed the necessary steps, your demo trading account will be upgraded to a live trading account.
- Dec 26, 2021 · 3 years agoIf you are using BYDFi as your trading platform, upgrading your demo trading account to a live trading account is a simple process. Just log in to your account and navigate to the account settings or profile section. Look for an option like 'Upgrade Account' or 'Switch to Live Trading'. Click on that option and follow the instructions provided. You may be required to provide additional information or go through a verification process. Once you have completed the necessary steps, your demo trading account will be upgraded to a live trading account.
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