Hi guys, I've never traded live before and I'm looking to open an account with Oanda. I tried opening an account with IG but I didn't meet their requirements... go figure, I'm new and they don't want my money. Anyway, the thing with Oanda is that revenue service form that I need to fill in, what's it all about?
Also, how long does it take to transfer money to Oanda? Do they have stringent requirements in the way of who they allow to open accounts? and lastly, since I'm in Australia, will my account be in AUD or whill I have to do an exchange into US and then hedge my account balance?