---
title: "What is KYC? - Get Funded Now"
description: "What is KYC? KYC stands for Know Your Customer. It is the process used to confirm the identity of the person who owns an account."
url: "https://getfundednow.com/faq/what-is-kyc"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/faq/what-is-kyc"
  pt-BR: "https://getfundednow.com/pt-br/faq/what-is-kyc"
  fr: "https://getfundednow.com/fr/faq/what-is-kyc"
  it: "https://getfundednow.com/it/faq/what-is-kyc"
  de: "https://getfundednow.com/de/faq/what-is-kyc"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Account & verification

# What is KYC?

KYC stands for Know Your Customer.

[← All questions](https://getfundednow.com/faq)

## The full answer

KYC stands for Know Your Customer.

It is the process used to confirm the identity of the person who owns an account.

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## Explained in full

- [KYC and Verification](https://getfundednow.com/rules/kyc-and-verification) - The rule, explained - Identity verification may be required before a funded account is issued and before a payout. Account, ID and payout details must match one person.

## Terms used in this answer

[KYC](https://getfundednow.com/glossary/kyc)

## Related questions

- [Why does GFN monitor IP information?](https://getfundednow.com/faq/why-does-gfn-monitor-ip-information) - Account & verification - To identify account sharing, multiple people trading one account, identity fraud, coordinated trading and unauthorised account-management services.
- [When will I need to complete KYC?](https://getfundednow.com/faq/when-will-i-need-to-complete-kyc) - Account & verification - GFN may require verification before issuing a Funded Account, before processing a payout or at another point where additional account verification is necessary.
- [What documents might I need?](https://getfundednow.com/faq/what-documents-do-i-need-for-kyc) - Account & verification - Depending on the verification process, you may be asked to provide valid identification and other information needed to confirm your identity.
- [Can I use someone else's identity?](https://getfundednow.com/faq/can-i-use-someone-elses-identity) - Account & verification - No. The person who purchases, verifies and trades the account must be the legitimate account holder.

## More answers on kyc and verification

- [Does the name on my payout account need to match my GFN account?](https://getfundednow.com/faq/does-the-payout-name-need-to-match) - Yes. Your GFN account, identity verification and payout details should belong to the same individual.
- [What happens if I cannot pass KYC?](https://getfundednow.com/faq/what-if-i-cannot-pass-kyc) - GFN cannot issue services or payouts that require successful identity verification where the customer is unable to satisfy the required checks.

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Source: https://getfundednow.com/faq/what-is-kyc
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt