You may create a Tradeify account using either personal or business information.
Please note that the First Name and Last Name fields do not allow spaces or punctuation, so be sure to keep that in mind when registering. Other than that, it does not matter how you structure it when creating an account.
The key difference arises during the payout process.
If you wish to receive your payout to your company or LLC, you will go through the KYB (Know Your Business) process with our payments vendor instead of the standard KYC (Know Your Customer) process.
Once your payout request is approved, we’ll send you a link to complete the KYB process and set up a business account with the vendor. You’ll need this business account in order to receive withdrawals.
Please be aware that the KYB process requires additional documentation compared to KYC. These are the documents needed:
Incorporation documents (LLC, etc.)
Proof of ownership documents
Varies by jurisdiction. Some countries have the ownership directly on the Incorporation docs, and some jurisdictions have it separate, (i.e. an Operating Agreement for most US-based LLCs)
Photo of IDs for all owners with 25%+ ownership of shares
Note: You may have a combination of personal and business accounts, but the total number of Sim Funded accounts across these cannot exceed 5.