Skip to main content

Business Registration: Trading as an Individual vs LLC

Learn how to register your trading account under an LLC or business and important details to keep in mind when signing up.

If you already have a personal login, DO NOT attempt to create a separate login for your LLC. Please reach out to support, and we will assist you.


Can I Sign Up Under an LLC?

At this time, accounts must be registered under an individual’s name when signing up on DayTraders.com.

  • All users must sign up using their first name and last name

  • LLC or business names cannot be used during DayTraders account registration


Using an LLC for Payouts

If you wish to operate under an LLC or business entity, this is handled on the payout side, not during account creation.

  • LLCs can still be used when setting up payouts through Plane

  • This is where business details such as EIN may be required


Identity Verification Requirements

To complete your Pro Account agreement:

  • U.S. individuals must provide an SSN

  • Non-U.S. individuals must provide a passport or government-issued ID number

This is required for agreement signing and compliance.


Important Notes

  • You cannot register or convert a DayTraders account into an LLC after signup

  • All trading accounts are tied to an individual identity

  • No EIN is required on DayTraders.com

  • EIN or business verification may only apply when configuring payouts externally (e.g., Plane)


Need Help?

If you have questions about setting up your payout profile or using an LLC for withdrawals, feel free to reach out to support and we’ll guide you through it.


DayTraders.com is a leading educational and NON-PROFESSIONAL trader evaluation company, providing non-professional traders with the tools to transition from evaluation accounts to Pro Accounts. We focus on education, risk management, and trader development.

Did this answer your question?