KYC, Taxes, and Compliance

We confirm who you are before any money leaves, both to protect you and to shut out fraud.

Ahead of your first payout. Now and then we ask sooner, such as before certain purchases or account changes.

Three photos: the front of a valid government-issued photo ID, the back of that same ID, and a selfie of yourself. Each must be a clear JPEG, PNG, or WebP. You do it right in the payout flow the first time you request, so there is no separate page to visit.

A few minutes for most people. Checks routed to manual review take longer.

Yes, you can keep trading. Payouts and a few account actions stay blocked until verification is finished.

Usually because the first attempt was unclear or something in your details changed.

Retry in good light with a sharp camera and an ID that has not expired. If it still will not pass, support can take a look.

W-9 if you are a US taxpayer. W-8BEN or the local equivalent if you are not.

US taxpayers who collect $600 or more in payouts during a calendar year may get a Form 1099-NEC, normally issued by Jan 31 of the following year.

Generally not. US 1099 forms are typically limited to US taxpayers.

Where payout fees apply, the form may show the gross figure. For filing questions, a tax professional is the right call.

Look in spam first. If you cleared the threshold and it is genuinely missing, write to support.

Yes. Reporting follows the payouts you actually receive, no matter the phase.

No. There is no employment relationship between traders and Strix.

As a general matter, payouts you receive are income. Strix cannot give tax advice, so lean on a professional for specifics.

As a rule, no. Where the law requires withholding, we comply.

The Terms page covers both.

We operate an AML and Counter-Terrorism Financing program with KYC, ongoing transaction review, PEP and sanctions screening, and recordkeeping. See the Privacy Policy for related vendor and data details.

Yes. We screen against major sanctions lists and politically exposed persons databases. Hits are reviewed before payouts.

Yes. Checkout is closed to Afghanistan, Belarus, the Central African Republic, Cuba, both Congos, Eritrea, Haiti, Iran, Iraq, Liberia, Mali, Mozambique, Myanmar (Burma), North Korea, Palestine, Russia, South Sudan, Syria, Venezuela, and Yemen — the same list the Terms of Service give for where rewards cannot be sent, because our banking partner cannot pay a reward into any of them. Everywhere else is open, and KYC verification will flag a restricted location.

The Evaluation and Funded stages are simulated and open to every country we sell to. The Live stage is different: it is discretionary, never sold, and is the only stage that uses a real Interactive Brokers account. Interactive Brokers does not open accounts for residents of a small number of countries we do sell evaluations to, so a trader living in Burundi, Libya, Nauru, Nigeria, Sierra Leone, Somalia, Sudan, or Zimbabwe could not be onboarded to Live even if invited. That affects no Evaluation or Funded account and no reward eligibility at those stages. Very few traders ever reach Live.

The program is designed for individual traders. Entity-based participation is not standard. Contact support if you have a specific structural question.

Each trader account must use a unique identity for KYC and payout. Sharing payment cards across distinct trader accounts is flagged by our payment risk controls.