Do I need KYC verification for payouts?
Updated
Yes, KYC verification is required, but the timing depends on your account type:
- EOD, 1-Day-Pass-Plan and Flex Challenge — KYC must be completed before your account is upgraded to the funded stage.
- Instant Classic — you can buy and trade the account without KYC. You need to complete it once you become eligible for your first payout.
- Daily Payouts — KYC must be completed before your first payout.
On Daily Payouts you can request a payout every 24 hours, so verification is the step most likely to hold up an early request. Start it as soon as your funded account is activated rather than waiting until you want the money.
Challenge accounts: upon passing your Challenge and getting your review approved, you will instantly receive your KYC link via email. To complete your KYC you will need:
- A government-issued photo ID (passport, driver's license, or national ID)
- Proof of address dated within the last 3 months (utility bill, bank statement, or similar document)
We recommend completing KYC early to avoid any delays when it's time to get funded or request a payout.