Forexserve - Download Form

Account Opening Process

Step 1 - Complete the application form
The Client is required to download and complete the application form.
Form download Here
Agreement between Trading Member and Client

Step 2 - Submit Form

The completed form is to be submitted at the given below address.[F-601, Remi Biz Court, Off Veera Desai Road, Andheri (W), Mumbai – 40058]

If the application is complete in all respects, a client id for the account is generated.

A mail will be sent to the client with the Client id.

Step 3 - Deposit initial margin and trade

The client is then required to deposit initial margin.

The margin money that he deposits will determine the amount of lots he can trade in. He should use his discretion and keep sufficient balance in his margin account so as to allow him to trade in desired lots.

The exchange sets appropriate margins according to the currency pairs which keep varying according to the volatility in the market.

For example, say the margin stands at 5% and the USDINR rate is 50.00.
For each lot to trade the Client is required to deposit Rs. 2,500 (approximately).
1 lot = USD 1,000 Value of 1 contract = 1,000*50 = Rs. 50,000
Margin Required = 50,000* 5% = Rs. 2,500

Step 4 - Internet based trading
If the client has applied for Internet based trading, then he can directly login on the respective exchange NSE and trade.

You can contact the Help Desk for CF Trading at the numbers mentioned: 67021266/68, or e-mail us with any Queries at cds@forexserve.com

For Complaints or Grievances, e-mail us at grievance.cds@forexserve.com