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In order to open an Individual or Joint Account with Fox Forex, all clients
must complete the following step-by-step instructions and mail or fax the appropriate pages to
Fox Forex. If you have any questions or would like any assistance with the application,
feel free to contact us.
Mailing Address:
Fox Forex
141 West Jackson Blvd.
Suite 1800-A
Chicago IL 60604
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Phones / FAX:
Phone: 312-528-3332
Toll Free: 888-469-3455
Fax: 312-528-3460
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The downloadable forms below require Adobe Acrobat Reader to be view PDFs
properly.
STEP 1: Complete the Account Application
All applicants are required to complete and return the application to Fox Forex via
fax or mail. When filing a Joint Account Application with a spouse, the spouse must complete and
sign the application in the indicated areas. If the Joint Account member(s) is not a spouse, each
applicant must complete a Joint Account Application in its entirety.
STEP 2: Read and Sign Account Application
Each account applicant is required to complete an FXDD Customer Agreement,
Risk Disclosure and Trading Policy Documents and return the Signature Pages only.
STEP 3: Complete Required IRS Form
Complete and submit a W9 form if you are a United States citizen, resident or
legal entity.
Complete and submit a W8BEN form if you are a non-US citizen, resident, or
legal entity.
STEP 4: Provide Required Identification
To comply with US Patriots Act, FXDD asks all customers who have account
trading privileges to submit a legible digital image or photocopy of two (2) forms of
identification for US and non-US accounts.
Acceptable identification forms for US Citizens (2 forms required):
- Copy of a valid driver’s license;
- Copy of a valid passport;
- Copy of a valid credit card; or
- Copy of a state-issued picture ID.
Acceptable identification forms for non-US Citizens (2 forms required):
- Copy of a valid driver’s license;
- Copy of a valid passport; or
- Copy of a valid credit card.
For assuring legibility, digital pictures are the best way to transmit ID's via fax.
STEP 5: Wire or Mail Initial Deposit (submit funds only after the Account
Application has been approved)
FXDD requires a minimum Initial Deposit requirement of $5,000 to open an account.
Funds can be transferred to FXDD either via a bank wire or by mail. Wiring of funds is the
preferred and the fastest way of transfer funds. Fox Forex does not assume responsibility for
funds that are sent via the mail, nor will they consider funds available for trading until they
have been deposited, cleared and credited to the Customer's account.
Wiring Instructions (allow 1-2 days business days for the funds to be credited to
the customer's account):
HSBC Bank USA, NA
265 Broadway
New York, New York 10007
Routing Number: 021001088
Account Number: 717753832
Swift Code: MRMDUS33
Account Name (Beneficiary): FXDirectDealer, LLC
Special Instructions: (Please specify your name and FXDD account information here)
Mailing Instructions (allow 5-10 days to clear and be credited to the customer's
account from the date of receipt):
FXDirectDealer
Tradition, Na
Customer accounts
75 park place - 4th Floor
New York, New York 10007
Restrictions prohibit FXDirectDealer from accepting cash or cash equivalents such
as money orders, cashiers checks, travelers checks or personal checks in the name of an other
individual that is different from the account applicant (a third party).
| Supplemental Forms |
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Limited power of attorney |
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All customer who designate an authorized trading agent, defined as any person
other than the customer, who is given the ability to control, manage or direct trading decisions
in the account (as defined in the LPA Form), must read and agree to the Limited power of attorney
Form by signing and dating before authorization will be granted by Fox Forex. |
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Revocation of Limited power of attorney |
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To revoke the Limited power of attorney authorization, Customers are required
to fill out and submit via fax or mail, the Revocation of Limited power of attorney Form.
Once received an FXDD representative will contact the customer to confirm the request.
Revocation will be granted upon acceptance by an authorized FXDD representative. |
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Funds Redemption |
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The FXDD Funds Redemption form needs to be filled out and submitted
by Fax at 801-880-6545. Federal US law prohibits FXDD from redeeming funds to a bank
account or person that is different than the initial account holder's name and account
number. |
A Fox Forex representative will contact the applicant when the account is
approved and Initial Deposited funds have cleared and been credited to the applicants account.
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