Which verification documents are required for real trading accounts?

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Which verification documents are required for real trading accounts?

Sep 19, 2023

All KCM Trade accounts follow a verification process which involves verifying your identity and location of residence via documentation. Accounts that do not meet the document verification requirements will not be able to open, so it is highly recommended to fully verify your profile.

Real Accounts

In order to use Real trading accounts, you will need the following:

•Registered and verified email address and/or phone number: these should be verified by following the instructions sent to your email/phone upon registration respectively.

•Personal information: Provide personal details including first name, last name, date of birth, and physical address.

•Documents required to fully verify include:

•Economic Profile: this is to complete during the registration process, as it is an important step in the verification process.

•Proof of Identity: which must match the name of the account holder.

•Proof of Residence: this must be your current country/region of residence; once verified, Real trading accounts in your CRM Area will be activated.

•Proof of Wealth: this is for professional account type "ECN" Account verification process.

•Deposit: a deposit must meet the account type’s minimum deposit amount. Once the first deposit reflects, you may trade with a Real trading account.