First you need to have an account with the brokerage and fund this (Only USD or EUR MAM accounts are allowed. MAM/PAMM accounts are in USD or EUR ). We prefer fast executions and low spreads, thus we are using Globalprime & IC markets.
Please make sure to choose a leverage during signing up at brokerage of 1:500. You can always ask your broker afterwards to check for you and have them change it.
After opening an account, you will need to verify your identity with the brokerage, usually by sending (by e-mail or fax) a scan of your passport and an utility bill (electricity company, water or bank statement, but not a phone bill) to the brokerage firm so they can verify your address if this matches the same details as your broker account. Afterwards you can wire (or using their other online payment methods) to your account.
When everything is approved by the broker, you are almost ready. You need to let us know, and I will send you an LPOA contract/agreement in order to become a client of my MAM. You will need to sign this and send to both us as well as the broker. Now you are done.