Trusted community

Interact with a curated user base and enjoy a safe business environment.

Our user enrollment process

We go to great lengths to enforce a safe trading community

Building a safe space to conduct business isn't always an easy task, especially since customer friction during the onboarding process can lead to losing prospective customers. However, the costs of failing to filter out 'Bad Actors' are significant for both us and our user base. We need to filter out 'bad actors' who are constantly seeking ways to infiltrate financial markets and carry out their schemes and errands.

Ensuring compliance with legal obligations is crucial for safeguarding the health, safety, and welfare of our platform and its users. However, we go beyond compliance in order to try to secure our marketplace and make it a safe and interesting place to conduct business by pre-screening and running due diligence on our prospective user base.

1. Application

The user sends us a membership request.

2. Pre-screening

We review the membership application and conduct some due diligence.

3. Enrollment

We run KYB/KYC procedures and extend due diligence

4. Activation

The user becomes fully enrolled after completing KYB/KYC and passing due diligence.

Our user admission criteria

We apply specific criteria when considering a new user application

  • The user has no public record of bad business practices;
  • Clear and straight communication;
  • Able to bring added value to the platform.
  • The user has no public record of bad business practices;
  • Bad or deceptive communication;
  • Questionable business activities or interest in the platform.

Tradespot Financial Services LLC can, at its own discretion and judgment, deny membership to any user or suspend it based on bad behavior.

Our Terms of Service also apply to account maintenance after a user has fully enrolled.