Account and Profile Limitations: #
- Traders are allowed only one profile and a maximum of 20 active simulated accounts across all products. Exceeding this limit or creating multiple profiles may result in account termination.
- For security purposes, all accounts must be registered under the same name as shown on the trader’s KYC legal documents, and this name must remain consistent throughout their journey with us. Name changes or conversions between individual and business accounts are not permitted once registered.
- Example: If you register as an individual, you must continue to operate as an individual. Similarly, if you register as a business, you must continue to operate as a business. Due to legal and tax implications, we cannot allow any changes to your registration status at any time.
IMPORTANT: Opening an account as a business does not automatically classify you as a Professional Trader for exchange fee purposes. However, if you do meet the criteria for Professional status, you are legally required to cover the additional exchange data fees associated with that classification.
Please review this explanation of Professional vs. Non-Professional status to understand which category you fall under based on exchange rules.
Most traders/LLCs/companies are not classified as professional traders.