Documents required to trade stocks
I recently decided I would get into trading stocks and wanted to set up an Etrade account to start. When making a brokerage account, they asked for these documents from me:
Valid (non-expired) government-issued ID or Passport
Birth certificate
Signed Social Security Card (front and back)
Is it normal to be asked for these documents by a brokerage? This is my first time getting into trading and would like to make sure I'm not making a mistake of giving out unnecessary personal information.
I am a US citizen.
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You do need to show ID and given them your SSN. I've never heard of needing to provide a birth certificate, and I don't recall ever having to actual provide a copy of a social security card. (They ask for the number, but not, in my recollection, the card itself.)
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