When you open a LIVE Account with "TradeKit" you are required to fax, or scan and email, your passport or ID card, a driver’s license with your photo and a utility bill showing your current address.
Once your account is open, there are convenient ways to fund your new trading account
Please find more information under the Funding facilities section of the website.
There are no commissions. No clearing fees, no brokerage fees. Brokers are compensated for their services only through the bid-ask spread.
BID: The bid–offer spread is an accepted measure of liquidity costs in exchange traded securities and commodities. Bids/Offers are very similar to limit orders and used to buy or sell a currency at a specified price or better.
ASK: This is the opposite of bid, which is the price a buyer is willing to pay for a security, and the ask will always be higher than the bid.For example, in the same GBP/CAD pair of 1.7886/89, the ask price us 1.7889. This means you can buy one GBP for 1.7886 CAD.
Note:Depending on the services used by the client, various fees / commissions may apply.