What is KYC?
KYC (Know Your Customer) is a process meant to verify the identity of any trader participating in the Topstep program. This is required and provides you with an extra layer of security for your account. Your information will be stored on an encrypted server with our partners at Veriff.
When will I be KYC’d?
Once you are ready to make your second purchase with Topstep, you will receive an email prompting you to verify your identity using an acceptable, valid government-issued ID.
Can I continue trading without it?
Traders will still be able to log in and trade, but any additional purchases (new accounts, Resets, etc.) will not be processed without completing the KYC verification first.
How will I know I need to complete this?
Traders will receive an email confirming that KYC verification needs to be completed, and there will be a banner on their dashboard to notify them of the process.
What do I need to complete the KYC process?
You will need an original (physical) government-issued ID (Passport, Driver’s License, National ID card) and a device with a camera (mobile phone or computer).
How long does the entire process take?
You can complete the verification in minutes if you have your ID card ready to go. You will take a photo of your ID (including the back, where applicable) and a selfie.
Why am I being asked to verify again?
Our team may reach out to you to re-verify if either our partners at Veriff or our internal team identifies a verification that needs clarification.
I am having issues completing my verification. What do I do?
We recommend having your ID ready and finding a quiet space with good lighting before you start the process. You can also review this article from our partners at Veriff to help!