Prop Firm KYC Requirements: What You Need and When

Quick answer

KYC (Know Your Customer) is mandatory identity verification, required at ForRealFunding after you pass the evaluation and before you receive the funded account. Verification runs on ForRealFunding's own in-house platform.

You need two things: a government-issued photo ID, and a proof of address issued within the last 3 months. Most verification delays are caused by the second one, and nearly all of them are avoidable.

What you need

1. Government-issued photo ID — any of:

• Passport
• Driver's licence
• National ID card

2. Proof of address — a recent utility bill or bank statement:

• Issued within the last 3 months
• Showing your name and your residential address

3. An identity confirmation step — you may be asked to confirm that the documents submitted belong to you.

Why proof of address rejects so many submissions

The ID document is usually straightforward. The address document is where people get caught, almost always for one of these reasons:

• Too old. A statement from four months ago fails. The 3-month rule is a hard date, not a guideline
• Wrong name. A bill in a partner's, parent's or landlord's name does not prove your address, regardless of who lives there
• A screenshot instead of a statement. Online banking screenshots are typically rejected. Download the official PDF statement your bank generates
• Mobile phone bills. Often excluded, since a mobile account does not establish a residential address
• Cropped or partial. The document needs to show the full page including the issuer, the date, your name and the address

If none of the standard documents work for you — you live with family, bills are in someone else's name, you have recently moved — contact support before you pass, not after. There is usually an accepted alternative, but finding out at payout time is the expensive way to discover it.

The timing problem, and how to avoid it

KYC sits between passing and funding. That placement is fine in principle and is the source of most self-inflicted delay in practice, because traders discover their passport expired two months ago at exactly the moment they want to start trading.

Do this in the first week of your evaluation, not after you pass:

1. 1Check your photo ID is in date — an expired document is the one problem you cannot fix quickly
2. 2Download a bank statement or utility bill from within the last 3 months, as a PDF
3. 3Confirm your account name matches your ID exactly — no initials where your ID has a full middle name, no maiden-name mismatch
4. 4Confirm the address on the document matches the one on your account
5. 5Photograph or scan the ID in good light, flat, with all four corners visible and no glare

Five minutes during the evaluation. Potentially several days saved after it.

Practical submission tips

Photograph flat and in daylight. Most rejections are legibility, not legitimacy. A phone camera is fine; a phone camera at an angle in a dim room is not.

All four corners visible. Cropping the edges of a document is a common auto-reject.

Never send documents through chat, email or social media. Use the firm's own verification platform, reached from inside your dashboard. Identity documents are exactly what account-takeover fraud in trading communities targets, and a request to send ID through Discord or Telegram is a scam regardless of who appears to be asking.

One person, one identity. KYC also enforces one-account-per-person rules. Attempting to verify multiple accounts under different identities is a compliance breach, not a loophole.

Why the requirement exists

Prop firms pay real money, which makes them subject to the same anti-money-laundering and fraud-prevention expectations as any other business transferring funds. Verification confirms that the person withdrawing is the person who traded.

It is worth reading a mandatory KYC step as a positive signal rather than friction. A firm that will send money to an unverified identity is not being generous with its process — it is demonstrating that its controls would not stop anyone else withdrawing your balance either.

How KYC affects payouts

Verification is required before funds move. In practice that means an incomplete KYC is one of the most common causes of a delayed payout, and it is entirely within your control.

It also interacts with the payout guarantee. ForRealFunding's guarantee — an approved payout processed within 24 working hours, or $1,500 plus a fee refund — starts its clock only once eligibility checks are complete. Unfinished KYC means the clock has not started, so the guarantee offers no protection against a delay you caused.

Same logic applies to the fee refund, which arrives alongside a regular payout at the qualifying milestone. Refund policy · Real payouts explained.

Bottom line

Two documents, one of them dated within 3 months, submitted legibly through the firm's own platform. The process is genuinely routine; the delays are almost entirely caused by doing it late and discovering a problem under time pressure.

Check your ID is in date and download a recent statement in the first week of your evaluation. Then when you pass, the only thing between you and a funded account is a form.

Starting out? Pay After Pass challenges begin at $9.99, with the balance due only once you pass — and KYC due at the same point.

Related: Getting your first payout · What happens after you pass · Real payouts explained

Educational guide. Accepted documents and verification steps change — follow the requirements shown in your dashboard. Not financial advice.