KYC is the identity verification process required before your first payout is released. It typically involves submitting an official ID document, a selfie holding your ID and proof of address, to confirm that the person receiving the payout matches the registered account holder.
Why does P1 require KYC?
P1 requires identity verification for three main reasons:
Compliance: It is a standard operational requirement under our Anti-Money Laundering (AML) policies.
Account Security: Verifying your identity protects you by preventing unauthorized individuals from claiming payouts on your account.
Ecosystem Integrity: Enforcing a strict "one verified profile per trader" rule keeps the evaluation model and payout system fair for everyone.
When and how do I complete KYC?
KYC must be completed before your first payout can be processed, but you do not need to set it up in advance.
Once you submit your first payout request, our support team will email you to request your verification documents. Simply reply to that email with the requested documents.