What is the verification process and what documentation is required?
When you open a trading account with IPCAPITAL, you will need to provide IPCAPITAL with the following documents in order to verify your identity:
A clear, coloured copy of a valid government-issued ID, such as a passport, driver’s licence or an ID card. The following information must be clearly visible on the ID: Full name, date of birth and picture. Please note that it is vital that the information you have used to register your account, matches the information on the ID document provided.
In order to verify your address, or place of residence, you will need to provide a utility bill, such as water, electricity, gas, local authority waste disposal or land-line phone. This bill needs to contain the following information: Full name and address. Please note that the utility bill you supply to IPCAPITAL needs to be not older than six months. The details on the utility bill must also match the personal details you registered with.
Note: IPCAPITAL does not accept mobile phone bills or any other letters for verification.
If you have made a deposit using a credit card or have made a deposit on behalf of a third party, you will be required to send verification documents for both parties. You will also need to send IPCAPITAL a clear, colour copy of the front and back of the credit card used. The copy sent needs to clearly show your full name, the expiration date of the credit card, and the first and last 4 digits of the credit card number. Please note that you may block the middle 8 digits of the card number as well as the CVV security code on the back of the credit card and power of attorney (POA) form.
All the required documentation mentioned above must be clear, readable and sent to IPCAPITAL, ensuring that all four corners of each document are clearly visible.
Once all the required verification documentation has been sent and approved by IPCAPITAL, you can then fund your account and subscribe to any of the Bots.