CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Legitimation
If you open an account with FXFlat, there are various ways of legitimation available. You have the choice between E-PostIdent (online), PostIdent (offline) or you appear in person at your bank or notary.
Free Online Legitimation 24/7
The legitimation can be finished in a couple of minutes and we can start creating your trading account right away.
Please hold your your ID card or passport ready and follow the instructions given to you. You can use any smartphone, laptop or PC with a camera and microphone on 24 hours and 7 days a week. This service meets the requirements of the German financial BaFin. Your data is kept strictly confidential.
For the PostIdent procedure, please print out the following coupon. With the printed coupon, please visit a post office of your choice and use your valid ID or passport and the coupon to personally identify yourself. The respective post office clerk confirms that you were personally present.
Alternatively, you can also legitimate yourself at your local bank or a notary. Simply use our identification sheet and make sure that all fields are filled out.
If you have chosen to legitimate with your passport a proof of address is required. Please then send us a valid copy (not older than 3 months) of one of the following documents as your address proof:
a landline telephone bill
an account or credit card statement
utility bill (gas, water, electricity; please no annual billing)
If you intend to use your national ID or passport with no visible address as legitimation, it is necessary to submit an additional proof of address in one of the following forms:
Bank statement with your name and address
Credit card statement
Landline telephone bill
Township document
Utility bill (consecutive, not annual statement!)
The proof of residency may be not older than 3 months, else it cannot be accepted.
If you are unsure about sufficiency of your proof of address, please do not hesitate to contact our support team!
E-PostIdent
After submitting the application, you will see various options for your personal legitimation. Click here the Link to your Online-Legitimation. On the following page you only have to confirm the data and you will receive an SMS with your personal TAN code.
In the SMS you will be asked to open a link. On the new page you can upload your ID or passport copy or create and insert a photo.
After it has been sent successfully, a member of staff will ask you to read the ID number out loud and hold your document in the camera.
