I have 2 accounts in Olymptrade, let's call them account1 and account2. Account1 has been deposited before, while account2 has not. And I have never verified at all. Can account 2 use the same bank account for deposit later?
@ Wawan:
As far as we know it is possible, as long as the broker's regulations allow one client to open two accounts. So far, many brokers allow one trader to open more than one account (with the same name). In this case, the name on the account must be the same as the name on the account.
Can I withdraw using my sibling's account? Is it allowed to withdraw if the account name is different from the account owner's name? Thanks.
To Rosyidah,
It is not possible. All brokers implement strict regulations regarding financial transactions (both incoming and outgoing funds). This is done to prevent money laundering attempts. Therefore, all forms of fund flow (both deposits or withdrawals) must use an account whose name or owner matches the identity used during account registration. For more details, please consult with the broker you are using.
Hopefully this can help.
To Margiyanto,
Yes, as long as the name registered on the OlympTrade account is the same as the name listed on the bank account used. Thank you
To Randika Saputra,
If you mean the password used to log in to the personal area/trader area, then you can use the forgot password/password feature provided by the broker. Usually, almost all brokers have a forgot email or forgot password facility.
Regarding the case of a forgotten password, usually a password recovery will be sent to the registered email address if you are indeed using the "forgot password" feature. You will be sent a password recovery that you can use to log in again. Once you have successfully logged in, you can change the password back to the password you want.
Hopefully this can help.
What if I deposit using my girlfriend's account and withdraw using my account?
Will my account be verified?