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Chancellor Precious Metals offers a trading account primarily focused on precious metals, including loco London gold, loco London silver, and RMB kilo gold bars. The minimum deposit required to open an account is $200, and there is no minimum deposit amount for trading after account approval. The platform supports both US dollar and digital currency transactions for deposits and withdrawals. The trading accounts provide access to various trading instruments, with a maximum leverage ratio determined by real-time gold prices.
The account opening process for Chancellor Precious Metals typically involves the following steps:
Registration: Visit the official website of Chancellor Precious Metals and fill out the required personal information, such as name, email address, and contact number. After submitting the registration form, you will receive a confirmation email.
Identity Verification: You will need to provide valid identification documents, such as a passport or ID card copy, to verify your identity and comply with regulatory standards.
Application Form Completion: Fill out the relevant account opening application form, including personal details, investment experience, financial status, and any other required information. Ensure that you provide accurate information and follow the instructions provided.
Review and Approval: After submitting the application, the broker will review and evaluate your application. They may contact you for further information or documentation if needed. Once your application is approved, you will receive confirmation of your account approval.
Fund Deposit: Upon receiving account approval, you can choose a suitable deposit method to fund your trading account, such as bank transfer or credit card payment. Note that Chancellor Precious Metals does not accept cash deposits; all funds must be transferred to the company's designated bank account.
Please ensure to check the official website for the most accurate and up-to-date information regarding the account opening process.