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How to Create a GPS Capital Markets Account

Creating a GPS Capital Markets account can simplify your company's foreign exchange and international payment needs. Follow this step-by-step guide to set up your account efficiently.

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Published onSeptember 14, 2024
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How to Create a GPS Capital Markets Account

Creating a GPS Capital Markets account can simplify your company's foreign exchange and international payment needs. Follow this step-by-step guide to set up your account efficiently.

Before you start, gather all required information and documents. This typically includes your business details, tax identification number, and personal identification for account signatories.

Step 1: Visit the GPS Capital Markets Website

Begin by visiting the official GPS Capital Markets website at gpscm.com.

On the homepage, find the 'Sign Up' or 'Open an Account' button to reach the account registration page.

Step 2: Choose the Account Type

Select the account type that aligns with your business needs. Options may include accounts for spot transactions, forward contracts, or hedging strategies.

Step 3: Fill in Your Business Information

Enter your business information, including:

  • Business Name
  • Business Structure (LLC, Corporation, Partnership, etc.)
  • Tax ID Number/Employer Identification Number (EIN)
  • Industry Type
  • Annual Revenue
  • Estimated Monthly FX Volume

Ensure accuracy to prevent delays.

Step 4: Provide Personal Information

You will need to submit personal information for key individuals in the company, such as:

  • Full Name
  • Address
  • Date of Birth
  • Nationality
  • Government-issued ID Number (Passport, Driver’s License, etc.)

Step 5: Submit Compliance Documents

GPS Capital Markets requires compliance documents to meet financial regulations. These usually include:

  • Certificate of Incorporation or Equivalent
  • Articles of Association or Equivalent
  • Proof of Business Address
  • Personal ID Documents for each controller

Check with GPS Capital Markets for any region-specific requirements.

Step 6: Review and Agree to Terms and Conditions

Review the terms and conditions for opening and maintaining an account. Make sure you fully understand the clauses before agreeing. Consult a legal advisor if needed.

Step 7: Submit Your Application

After completing all necessary information and agreements, submit your application. GPS Capital Markets will conduct compliance checks.

Step 8: Await Account Approval

The approval process may take time as your documents and information are verified. Prepare any additional information you may need while waiting.

Step 9: Account Activation

Once approved, you will receive an account activation notice, typically by email. This notice will outline any further steps, including online portal setup and bank account connections.

Step 10: Begin Using Your Account

With your account activated, you can now manage your forex and international payment requirements. GPS Capital Markets will guide you on executing trades and maximizing account benefits.

For any issues or inquiries during the account setup, contact GPS Capital Markets' customer support for assistance.

Follow these steps to confidently create your GPS Capital Markets account and streamline your business operations.

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