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Trader Identity Verification
Trader Identity Verification

What Is The Verification and Screening Process (KYC/AML Screening)?

Updated over a week ago

Before we issue any funded account or any type of payout, we require that you verify your identity. To achieve this, we implement a rigorous process called KYC (Know Your Customer) and AML (Anti-Money Laundering) screening.

KYC involves verifying your identity through documentation, while AML focuses on preventing illegal activities such as money laundering. These measures ensure transparency, protect against financial crimes, and create a secure environment for our users.

To complete this process, you must complete the Sumsub Application using the link that was shared on the email received when you succesfully completed our Challenge. You can also use this link.

Sumsub will ask you to provide the following documents:

  1. Submit Government ID: Upon successfully completing the evaluation phase, you will be asked to submit a valid form of ID. This could be a driver’s license, a passport, an ID card, or residence permit.

  2. Submit Proof of Address: You will also be asked to submit a valid proof of address issued within the last 90 days. This could be a bank statement, utility bill, or phone bill.

  3. Selfie: A photo of yourself taken with your phone or computer.

Once you have completed the Sumsub Application our team will successfully verify your identity, we will send you a Traders Agreement within 24 - 48 business hours. Once the Traders Agreement has been signed, you will then receive your funded account the upcoming Sunday.

What happens if I fail my Identity Verification?

If you have any issues with your KYC/AML screening, please contact our live support and we will assist you in potentially getting you verified, if possible. Note that if you are unable to pass the screening, you will not be able to receive the simulated funded account details and will receive a refund for your challenge.

Furthermore, it is important to adhere to the rules regarding the use of Virtual Private Networks ("VPN") and Virtual Private Servers ("VPS") during the initial KYC/AML screening process using the SumSub submission. Connecting to a VPS or VPN while completing the KYC process is strictly prohibited. Failure to comply with this rule may result in your account not being funded, and if a violation is detected, your funded account may be disabled or breached. If you have violated this rule, please contact our support team for further assistance with KYC/AML re-verification.

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