Summary
MegaTrader enforces clear Know Your Customer (KYC) standards to keep the platform secure, prevent abuse, and meet regulatory requirements. KYC is required to unlock payouts and maintain full account privileges. You may hold unlimited MegaTrader accounts (evaluation and simulated funded).
KYC Requirements
Identity verification before first payout. Submit a valid government-issued ID, and ensure your legal name, date of birth, and address match your MegaTrader profile.
Exact match required. Mismatches (name variants, typos, outdated addresses) can delay or disqualify payouts until corrected.
One verified identity per user. Creating multiple profiles under different names, emails, or locations is not permitted.
Heads-up: We cannot release payouts until KYC is fully approved.
Account Ownership & Limits
Unlimited accounts. You can own and trade as many accounts as you want, across any MegaTrader plans (evaluation and simulated funded).
No sharing or renting. Accounts must be used only by the verified owner. Selling, transferring, or operating accounts for others is prohibited.
Cross-account hedging is not allowed. Using one account to offset risk in another (e.g., long ES in one, short MES in another) violates policy. See Hedging & Trading Micros or Minis.
Payout Access & Locks
Unverified users: You may trade, but payouts remain locked until KYC is approved.
Verified users: Eligible for full payout access (subject to plan rules such as consistency %, microscalping 10-second standard, daily loss limits, drawdown, and minimum trading-day requirements).
Ongoing Compliance
Re-verification at any time. We may request updated documents before large payouts or if activity appears unusual.
Prohibited: VPNs/proxies/fraudulent docs. Use of location masking, proxy identities, or altered/invalid documents triggers compliance review and may result in account suspension or closure.
Accurate profile data. Keep your name, address, and contact details current to avoid payout delays.
Regional Restrictions
KYC outcomes may depend on your jurisdiction. Certain regions may be restricted based on regulatory or risk considerations. If your region is restricted during verification, you will be notified and accounts may be closed with applicable refunds per policy.
Data Protection
Your KYC information is used solely for identity verification, compliance, and fraud prevention, and is handled in accordance with our Privacy Policy.
Need Help?
If you have questions about completing KYC or encounter issues with verification, contact [email protected] or open a live chat inside your dashboard.