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KYC Procedures

Updated over a month ago

When KYC is Required

Challenge Accounts KYC - Required immediately upon passing your challenge. You must complete the KYC verification process through Rise before your Challenge account can be upgraded to a Prime Account.

Prime/Instant Prime Accounts KYC - Required when requesting your first payout. You can trade on your Instant Funding account, but you'll need to complete KYC verification before your first withdrawal can be processed.

Live Account Transition Additional KYC- Required when transitioning to a Live Account. If our risk management team selects you for Live Account transition, our compliance team will contact you directly to complete additional KYC verification required for live trading.

KYC Verification Process Through Rise

For Challenge and Instant Prime account KYC, the process follows these steps:

  1. Rise Registration: You'll receive an email invitation to register with Rise

  2. Identity Verification: Upload required identification documents (valid government ID, proof of address)

  3. Information Submission: Provide necessary personal and tax information

  4. Verification Review: Rise will review your submission (typically 1-2 business days)

  5. Approval Notification: You'll receive confirmation when your KYC is approved

Required Documentation

Prepare these documents for your KYC submission:

  • Government-issued photo ID (passport, driver's license, or national ID card)

  • Proof of address (utility bill, bank statement, or official correspondence less than 3 months old)

  • Additional documentation may be required based on your region or withdrawal amount

After KYC Completion

Once your KYC verification is complete:

  • Challenge Accounts: Your account will be upgraded to Prime Account status within 24 hours

  • Prime/Instant Prime Accounts: Your first payout will be processed within 24 hours

  • Live Account Candidates: Our compliance team will guide you through the additional verification process

  • Future transactions will not require repeating the initial KYC process

  • You may need additional verification when transitioning to Live Account status

Important Notes

  • Initial KYC verification through Rise is a one-time requirement for payouts and Prime Account upgrades

  • Live Account transition requires separate KYC verification handled by our compliance team

  • All payout requests require a minimum of $1,000

  • Your payout capacity follows the established cap structure based on account size and payout number

  • Verification details are securely stored in compliance with data protection regulations

  • For technical issues during Rise verification, contact Rise support directly through their portal

Complete your KYC verification promptly to ensure smooth account progression and payout processing.

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