As part of our ongoing commitment to client security and regulatory compliance, MC Markets offers an Advanced Verification process designed to protect your funds and unlock higher account privileges. This additional step builds on the standard ID verification and ensures that your identity and residence are confirmed with even greater accuracy.
About Advanced Verification
Advanced Verification is a higher level security measure that becomes necessary once your trading account value exceeds a certain threshold or when you request enhanced features like increased withdrawal limits. This process requires you to submit a Proof of Address (POA) document to verify your residential details.
By completing Advanced Verification, you not only enhance the security of your account, but also fulfill certain regulatory requirements applicable in various jurisdictions. It ensures that your account remains compliant, especially if you are an active or high-value trader.
The Purpose of Advanced Verification
Advanced Verification is implemented to support several key functions:
Ensuring greater security for clients with significant trading volumes or balances
Meeting compliance standards under local and international financial regulations
Unlocking higher withdrawal limits and other account-related privileges
Strengthening the protection of your personal and financial data
This additional layer of verification provides peace of mind while also keeping your account compliant with global best practices.
Required Documents
To complete this step, you will need to provide a recent document (issued within the last 3 months) that clearly displays:
Your full legal name
Your current residential address
The date of issue
The issuing authority’s name or logo
Accepted documents include:
Utility bills (electricity, water, gas)
Bank or credit card statements
Government-issued letters (such as tax notices or residency certificates)
Insurance, internet, or phone service bills
Please make sure that your POA document is clear, unaltered, and in its original format. Screenshots or edited files will not be accepted.
About Submitting The Same Document
Please note that you need to use different documents for the Advanced Verification. Please provide two separate documents: one for identity verification and another for proof of address. Using the same document for both is not allowed due to compliance requirements.
Submitting Documents in Other Languages
Documents in non-English or non-Latin scripts are accepted, but may result in longer processing times. For faster verification, we recommend using documents written in English or Latin characters.
Handling a Rejected Proof of Address Submission
If your Proof of Address submission is rejected, don’t worry. Your account remains fully active, and your funds are secure. You can easily restart the process by following these steps:
Go to the Verification section in your Account Dashboard.
Click the “Give Up” button to cancel the current submission.
Re-upload your ID document and submit a new POA that meets the criteria.
Be sure your new document is clear, complete, and meets all the requirements mentioned above to ensure a smooth review.