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Have you all considered how difficult this is with a paper based system all the brokers Use?
I have to set up one for a company with 5 directors. Each has to sign the form, provide copies of photo ID and all this paper dealt with by hand. Now days you can even get a passport on line.
Yep, its the legislation, under the guise of Know your Client.
grin and bear it, we all have to do it. No worse than opening a bank account - same process
choose a broker carefully so you only have to do the paperwork once
has anyone got an account with interactive brokers?
was it easy to open?