Which companies provide prop firm KYC software?
24 vendors in the Prop Tech Pal dataset state KYC and compliance tooling: Match-Trader, Saphyte, Propper Trading, YourPropFirm, PropSuite, Swiset, ZenPropTech, Kenmore Design, Propriotec, Techysquad, PropFinTech, Axcera, PropAccount, Trade Tech Solutions, FPFX Tech, FX Back Office, Brokeret, Prop Label, UpTrader, Wintrado, MMTech Solutions, Hashcodex, EAERA and Team Force Tech. 15 of them are verified. Membership is based on what each vendor states about its own product.
How much does prop firm KYC software cost?
10 of the 24 vendors publish a figure. These are each vendor’s own platform prices, which usually bundle this with the rest of the stack rather than pricing it separately: Match-Trader (From USD 2,500/month; no setup fee), Saphyte (From USD 15/month; no setup fee), Propper Trading (From USD 2,500/month; no setup fee), PropSuite (USD 2,749 setup fee; 50% revenue share), PropAccount (USD 3,000 setup fee), FX Back Office (From EUR 2,500/month), Brokeret (From USD 1,000/month; USD 1,000 setup fee), Prop Label (From EUR 1,000; EUR 3,900 setup fee; 10% revenue share), UpTrader (From USD 500/month; no setup fee), Wintrado (From EUR 3,500/month). The others quote per deal. Figures are as recorded in our dataset; check the vendor’s own pricing page before relying on one.
Which KYC providers do prop firm platforms integrate?
Across the 24 vendors in this category, the KYC providers named most often are Sumsub (15), Veriff (10), Onfido (4), Shufti Pro (3), IDenfy (2) and IDwise (2) — the number is how many vendors name each one.
Do prop firms need KYC?
In practice, yes, before paying a funded trader: identity checks are how a firm enforces its restricted countries, one-account-per-person rules and its payment providers’ own requirements. The legal requirement depends on the firm’s jurisdiction and structure, which is a question for a lawyer rather than a software vendor.