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Can I Trade Under My Business? | Funded Futures Family Help Center
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With Funded Futures Family, you can create a rise account under either personal or business information, depending on how you prefer to operate. When you register, keep in mind that the First Name and Last Name fields do not allow spaces or punctuation. Aside from that, there are no restrictions on the structure you choose for your account creation.
Payout Process for Business Entities: If you're trading as a business or LLC and wish to receive payouts through your company, you'll need to go through the KYB (Know Your Business) process rather than the standard KYC (Know Your Customer) process used for individual accounts. This additional verification process is required to ensure the legitimacy of your business entity.
To complete the KYB process and set up a business account with our payments vendor, we’ll send you a link to finalize this step once your payout request is approved. The documentation required includes:
- Incorporation documents (e.g., LLC registration)
- Proof of ownership (can be in the form of an Operating Agreement for US-based LLCs)
- ID photos of owners with 25% or more ownership of the business
- Documentation may vary depending on your jurisdiction (e.g., some countries list ownership on the Incorporation documents, while others may require a separate ownership document).
Once your business account is set up, you will be able to receive your withdrawals through that account. Note that you can register up to the maximum number of accounts, but they must either be personal accounts or business accounts (you cannot combine both).
This process allows for seamless payouts, whether you're a sole trader or running an LLC.
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