FTMO Moves to Institutional-Grade KYB
FTMO has introduced an institutional-grade Know Your Business framework for onboarding corporate clients. It shows a shift toward more complex partnerships and B2B relationships. It is going beyond its traditional retail prop trading focus.
KYB Adoption by a Prop Firm
KYB is a regulatory requirement for licensed brokers, not for prop firms. FTMO’s decision to adopt a broker-style KYB is simply a choice. They aren’t under any compliance obligation. It shows preparation for working with corporate entities, affiliates, and structured business counterparties.
Integration with iDenfy
FTMO integrated KYB technology from iDenfy to automate verification of corporate entities, ownership structures, and ultimate beneficial owners. The solution verifies corporate documentation across more than 180 company registries globally. Brokers handling international corporate accounts and cross-border partnerships usually use this level of automation.
Moving Beyond a Retail-Focused Model
FTMO has historically presented itself as a trading education and simulation platform that serves individual traders. Full KYB capabilities exceed the needs of that audience. Also, it indicates readiness for broader financial infrastructure and B2B operations.
Alignment with Regulated Brokerage Activity
The KYB rollout aligns with FTMO’s partnership with OANDA. Operating with a regulated broker increases the importance of institutional-grade onboarding, auditability, and ongoing compliance.
What it Indicates
FTMO is preparing itself for broader business models and more complex partnerships by adopting institutional KYB standards. It is treating compliance infrastructure as a foundation for future expansion, and not just a regulatory formality.
About FTMO
FTMO is a proprietary trading firm. It provides an opportunity to trade using the firm’s capital in exchange for a share of the profits. FTMO evaluates traders through a two-step process consisting of the FTMO Challenge and the Verification phase. Successful traders get to funded accounts. There, they can trade with capital from $10,000 to $200,000. They maintain profit splits of 80% to 90% depending on performance.
Summing Up
FTMO’s adoption of institutional-grade KYB shows a shift beyond a retail-only prop firm model. It supports more complex B2B relationships and corporate partnerships. Compliance here acts as infrastructure for future growth.
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