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TakeProfitTrader KYB Verification for Business Accounts

Written by Paul

Published on

January 5, 2026

KYB (Know Your Business) verification is required if you want to trade at TakeProfitTrader under a company entity instead of as an individual. It's an additional verification step after completing personal KYC, and it's only available for US-registered companies.

This guide covers who needs KYB, what documents you'll need, how to complete the verification, and what to do if verification fails or stays pending.

Quick heads-up: This article is based on my real experience with TakeProfitTrader and the info available when I published/updated this. Things change in prop trading — rules, payouts, promos, all of it.

For the absolute latest, check TakeProfitTrader´s website or their knowledge base.

What Is KYB Verification?

KYB (Know Your Business) verifies your company's legal status and ownership structure. TakeProfitTrader uses Sardine, a third-party provider, to process these checks.

Why it matters: TakeProfitTrader needs to verify the company exists, who owns it, and its compliance standing before you can activate funded accounts under a business entity.

Who Needs to Complete KYB?

You need KYB verification if:

1. You choose to trade as a company – During verification (after personal KYC), if you select "As a company", you'll need KYB.

2. Your company data needs updating – If ownership, address, or name changed, you'll need to re-verify.

3. Additional compliance checks are required – Sometimes accounts are flagged for additional review.

KYB Requirements: US Companies Only

Important: TakeProfitTrader only accepts US-registered companies for KYB verification.

This means:

Your company must be legally registered in the United States
You can be an international individual, but the company must be US-based
Foreign companies (UK Ltd, Canadian Inc, etc.) are not eligible

Example: ✅ You're a UK citizen who owns a US LLC – you can complete KYB. ❌ You own a UK Ltd company – not eligible.

If you're an international trader without a US company, you'll need to trade as an individual or set up a US LLC.

How to Complete KYB Verification

KYB verification happens after you complete personal KYC. You can't do KYB first—TakeProfitTrader needs to verify you as an individual before verifying your company.

Step-by-step process:

1. Complete personal KYC first

If you haven't done this yet, you'll need to submit your government-issued ID, proof of address, and phone number. The KYC verification guide walks through this process in detail.

2. Select "As a company" during verification

After KYC is approved, you'll be asked how you want to trade. Choose "As a company".

3. Fill in your company details

You'll need to provide:

Legal company name
EIN (Employer Identification Number)
Company registration state
Business address
Ownership structure

4. Click "Verify company"

This submits your information to Sardine for verification. Processing time varies—sometimes it's instant, sometimes it takes a few hours or days.

KYB Verification Statuses

After submitting KYB information, you'll see one of three statuses:

Verified ✅ – Your business is verified. You'll receive a confirmation email and can now purchase accounts under your company entity.

Failed ❌ – Verification was rejected. You'll receive an email explaining why and can retry (up to 3 times). Common reasons: EIN mismatch, address doesn't match records, ownership information unavailable in public records, or company is inactive.

Pending / In Progress ⏳ – Verification is being processed. Most resolve within 24-48 hours. You can continue trading as an individual while waiting. If status stays pending for more than 3 business days, contact support.

What If You Didn't Finish the Verification Flow?

If you closed the browser before completing KYB:

Click the banner at the top of your dashboard, or
Go to User Profile → Identity tab → "Switch to Company"
Fill in your company details and click "Verify company"

Important: Verification data isn't retained if verification fails—you'll need to re-enter it on your next attempt.

Common KYB Issues & Solutions

KYB stays pending: Wait 3-5 business days. If still pending, contact support for manual review.

KYB fails despite valid company: Public records may lack ownership information. Try again with exact EIN/company name match. Contact support after 3 failed attempts.

Can't find "Switch to Company": Complete personal KYC first—KYB is only available after KYC approval.

FAQ: KYB Verification

What if my company isn't in the US?

You can't complete KYB at TakeProfitTrader. Only US-registered companies are supported. You'll need to trade as an individual or set up a US LLC.

How many times can I attempt KYB?

You can attempt KYB verification up to 3 times. After 3 failed attempts, you'll need to contact support for help.

Can I switch back to trading as an individual after completing KYB?

Yes. You can switch between individual and company trading by going to User Profile → Identity tab → Switch to Individual.

Bottom Line

KYB verification at TakeProfitTrader is required if you want to trade under a company entity. It's only available for US-registered companies, and it's completed after personal KYC approval using the Sardine verification provider.

Most KYB verifications either succeed instantly or take 24-48 hours if manual review is needed. Common issues are pending statuses (just wait) or failed verification due to limited public ownership records. If verification fails after 3 attempts, contact support for help.