Why is it mandatory to provide Address and Phone while opening an Account?

[Vaabum]

In my opinion, this is quite normal. You're not giving any sensitive data.

[Cordawield]

Indeed, this is a fairly common procedure.

[Vaabum]

At a minimum - so that other brokers can call you, and perhaps even come to visit:)

[Monaya]

This is a standard procedure that many brokers follow. I, for example, also when Amarkets registered, indicated all the data, and I see nothing wrong with that.

[gds221]

As for me, it is necessary for the broker to know at least the minimum information about the trader, for cases of communication with him.

[Vudorg]

Of course, these data are necessary in order to be able to contact you at any time.

[Vaabum]

I think it's just security. Although now is the time that I try to be relatively careful about giving my personal data.

[FXOpen Trader]

On 4/26/2022 at 10:28 PM, Vaabum said:

I think it's just security. Although now is the time that I try to be relatively careful about giving my personal data.

We will need to keep our trading accounts secured.

[Vaabum]

I think that these are banal security reasons. I do not think that this data is very important to someone.

[FXOpen Trader]

On 5/16/2022 at 11:59 PM, Vaabum said:

I think that these are banal security reasons. I do not think that this data is very important to someone.

We must make our trading based accounts data secured.

[Vaabum]

13 hours ago, FXOpen Trader said:

We must make our trading based accounts data secured.

Absolutely right. This aspect is important and should be taken into account.

[FXOpen Trader]

16 hours ago, Vaabum said:

Absolutely right. This aspect is important and should be taken into account.

We will need to understand and also try  to keep our trading based accounts secure.

[Vaabum]

By the way, very often when working with finances, both the address and the phone number are indicated.

[FXOpen Trader]

On 6/1/2022 at 11:52 PM, Vaabum said:

By the way, very often when working with finances, both the address and the phone number are indicated.

We have to make use of such kind of trading based skills that will help us in earning the required profits.

[Vaabum]

I think the answer is quite simple. Almost all financial institutions require such information, this is normal.