The amount you can afford to lose
A leveraged position can cost more than the movement in the price suggests. Deciding that figure while nothing is open keeps it from being decided later by a position.
Registration, verification, learning the platform, funding, and then a decision about whether any opportunity is worth taking. The last of those is the only optional step, and the only one that puts money at risk.
How it works
With Jim Ben & Conners, the account process is broken into a few clear steps, so you understand what happens and in what order before you begin trading.
Each step depends on the one before it and none of them can be skipped. One of them is a regulatory requirement rather than a house rule, and the last of them is entirely yours.
The sequence
The order is not presentational. Each step depends on the one before it, and the account cannot be used until all five are complete.
Online registration is not open on this site yet. The step is described here so the sequence is complete; today the way in is an enquiry rather than a form, and there is no registration page to send you to.
Identity and address checks are a regulatory requirement across the sector rather than a house rule, which is why they happen before an account can be funded or used. What is requested is set by the checks that have to be completed, not by the account being opened.
Become familiar with the workspace, the markets available on it and the tools attached to it before placing a first position. An order ticket is a poor place to find out what a control does.
Capital has to clear into the account before a position can be opened against it. The available funding methods, and the Deposit & Withdrawal Policy that will govern them, are not published on this site yet — so this step is named here rather than described.
Select the instrument you want to follow, review the information available on it, and decide whether an opportunity fits your approach — including the possibility that none of them does. Reaching this step is not the same as being obliged to use it.
Before the first step
None of these belongs to the sign-up process. All of them are harder to decide once there is a live position depending on the answer.
A leveraged position can cost more than the movement in the price suggests. Deciding that figure while nothing is open keeps it from being decided later by a position.
Being able to reach every market on the platform and following one of them properly are different things. The instrument you understand is the one whose risks you can see coming.
Where stop orders are available they limit exposure without removing it, and they are easier to set before a position is open than while it is moving against you.
A leveraged position keeps moving while you are not watching it. An approach that needs constant attention is a poor fit for someone who cannot give it.
Before the first position
An open, funded account is a capability. It is not a signal, a recommendation, or an indication that any particular trade is appropriate for you.
Nothing on this site tells you which instrument to trade, when to enter one, or whether to trade at all. These pages describe how the products work and what the platform does. The decision that follows is yours, and so is the loss that can follow the decision.
CFDs are leveraged. Leverage can magnify losses as well as gains, so a position sized against the whole balance of a newly funded account can cost more than the movement in the market would suggest.
The sequence above is a process, not an endorsement of its outcome. Reaching the end of it changes what you are able to do and nothing at all about what you should do.
Read these first
Each one covers something the sequence above quietly assumes you already know.
What a contract for difference actually settles, what leverage does to a position, and the six mechanics to understand before a first order.
Sizing a position, the levels that close it, and the questions worth running through before the order is placed.
What separates one account type from another, what to ask about the conditions attached to one, and why ours are not listed yet.
Next step
Online registration is not open on this site yet. Enquiries go through the support page in the meantime.
Trading involves risk of loss. The risk disclosure is not yet published; the standardised risk warning is shown at the foot of every page.