Sage-Tips

Can you trade forex without an ID?

In order to trade forex anonymously, the forex broker must accept traders and allow them to trade without doing the infamous due diligence also known as “Know Your Customer” or simply KYC.

What documents do you need for forex?

Documents required while purchasing/reloading the Multi-Currency Forex Card:

Sr.	Document	At the time of Purchase
1.	Passport Copy	Mandatory
2.	Application Form	Mandatory
3.	Visa	Mandatory
4.	Airline Ticket	Mandatory

Do you need SSN for Forex?

Broker-dealers in the U.S. need a Tax Identification Number (TIN) from their clients, which is usually a Social Security Number (SSN). Non-U.S. citizens can usually use a valid passport number, an alien registration card number, or other government-issued ID numbers instead of an SSN.

Which broker does not require proof of residence?

I would recommend Coinexx as they don’t require any KYX verification. Apart from that if you are looking for a decent broker then you can also check XM and Oanda.

Can you trade without proof of address?

This could be a passport, driver’s license, military ID card, or other official ID. They also require proof of one’s residence and could be either a bank account or credit card statement, utility bill, telephone bill, or other official documents that show proof of residency.

Does Coinbase require SSN?

Coinbase does require that you provide your Social Security number to them when opening an account on their platform. They use your SS# for several reasons such as checking your background information, tax reporting purposes as well as to comply with anti- money laundering laws of the United States.

Can you use Robinhood without SSN?

On their website, Robinhood indicates that you must have a valid Social Security Number (SSN) in order to open an account (Taxpayer Identification Numbers are not sufficient). The only way for a non-US citizen to get an SSN, and therefore be able to open a Robinhood account, would be if you have a valid U.S. visa.