TL;DR: All KYC information and documents must be accurate, current, and belong to the account holder. FundedNext may request a Verification or Compliance Session to confirm your identity, and misconduct during this process, or any sign that an account involves more than one person's information, is treated as a serious violation. Enforcement may include Account Termination, Permanent Platform Termination, Performance Reward Ineligibility or Adjustment, and Refund Ineligibility
What are the requirements for KYC submissions?
The information and documents you submit during KYC must be accurate, current, and belong to you as the account holder. FundedNext reviews these submissions to confirm they align with your identity and account records.
What is a Verification or Compliance Session?
As part of KYC review, FundedNext may request a Verification or Compliance Session. This session allows you to confirm your identity and clarify the information provided during KYC.
What conduct during a Verification or Compliance Session leads to enforcement action?
The following conduct during this process may result in enforcement action:
Providing misinformation or documents that do not belong to the account holder
Failing to provide a satisfactory explanation for the information or documents provided, or for trading activity conducted on the account
Attempting to bypass the session
Seeking external assistance during the session
Failing to follow the Verification or Compliance Session guidelines
What are the rules on Identity and Registration Integrity?
Every account you open, along with all registration and verification details tied to it, must be entirely your own. Using another individual's information, such as an email address or identification details, during registration or KYC verification is a serious violation of FundedNext's policies.
Any indication that more than one individual is involved in the setup or verification of an account is treated as a serious policy breach and is subject to the same enforcement actions.
What enforcement actions can FundedNext take for a violation?
Depending on the nature of the violation, one or more of the following may apply:
Account Termination
Permanent Termination from the Platform
Performance Reward Ineligibility or Adjustment
Refund Ineligibility