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How to Open and Verify a TAG Markets Account
Opening the account is the easy part. Verification is where people get stuck, usually over a document problem that takes thirty seconds to avoid and two days to fix. Here is the whole sequence, plus the one test worth doing before you deposit anything serious.
Step 1 — Registration
Use your legal name exactly as it appears on the ID you will upload. A mismatch between your registration name and your document is the single most common cause of a rejected verification, and it means starting the review again.
Step 2 — Identity verification
You will be asked for proof of identity and usually proof of address. This is standard for any regulated broker — it is required of them, not optional.
What gets rejected, in rough order of frequency:
- Cropped corners. The whole document must be in frame, all four corners visible.
- Glare. Photograph away from direct light. Flash on a laminated card destroys the image.
- An expired document. Check the date before uploading.
- A proof of address that is too old. Usually it must be within the last three months, and it must show your name and address on the same page.
- A screenshot of a PDF bank statement instead of the PDF itself. Send the original file where the option exists.
Want this checked against a specific broker before you deposit? That is what the companion site does, line by line.
See a worked exampleStep 3 — First deposit
The available methods vary by country. Whichever you use, note two things before confirming: the minimum, and whether the method you deposited with is the one you must withdraw back to. Many brokers require withdrawals to return by the same route as the deposit, which matters if you funded from a method you no longer use.
Step 4 — The test that is worth more than any review
Before you fund the account properly, deposit a small amount and withdraw it again.
This single test tells you more than any amount of reading. It proves the withdrawal route works, shows you the real processing time rather than the advertised one, and reveals any fee that was not obvious. It costs you a small transfer fee and a few days.
Anyone who tells you not to bother has an interest in your deposit. The full verification routine is on the companion site, and the withdrawal test is the part of it nobody can fake for you.
Frequently asked questions
How long does verification take?
Typically from a few minutes to one working day when the documents are clean. A rejected document restarts the clock, which is why the photo quality points above are worth the extra minute.
Can I open an account without verifying my identity?
You can usually register, but you will not be able to fund, trade or withdraw. Identity verification is a regulatory requirement for licensed brokers, not a preference.
What is the minimum deposit?
Check the deposit screen in your own account, as minimums vary by method and country and change over time. Do not rely on a figure quoted in an article, including this one.
Should I deposit a large amount to start?
No. Deposit the minimum, complete a withdrawal test, and only then decide. There is no advantage to funding heavily before you have proven you can get money back out.
Stuck on this step?
Send a screenshot of where you are. You will get told which button to press, not a sales pitch.
Ask me anythingEducational information only — not financial, legal or tax advice, and not an offer to trade. Opening an account through links on this site may earn the author a referral commission. Trading leveraged forex and CFDs carries a high risk of loss; the majority of retail investor accounts lose money. Rules differ by country and change over time: verify your own jurisdiction with your national regulator before trading.