Your Kwakol Markets account needs to be fully verified before all trading functions are made active. All withdrawal and deposit limits are lifted completely; this is why completing this process is encouraged. However, there are multiple reasons this process is so important for you and Kwakol Markets.

The major reasons each Kwakol Markets account verification process is important to include:

• Security

Account security is a very important reason that the account verification process is essential, in that no one would feel secure if anybody could use their identity or funds to make trades, commit fraud or even identity theft. Knowing that only the account holder has the access and ability to make trades ensures financial security and agency are afforded to our traders. 

• Financial Regulations

For Kwakol to continue to remain compliant and regulated, a strict verification process is a requirement. We are regulated by some financial regulatory organizations worldwide, and the standards set by these bodies must be adhered to in order for Kwakol Markets to operate. Furthermore, regulatory bodies provide our traders with the peace of mind that Kwakol is a legitimate operation that takes steps to protect and facilitate its traders according to the law. 

• Improving Service

To understand the needs of our traders and improve services, accurate data is essential. For example, if a lot of traders start to register from a certain region of the world, we can see this from registration data and begin to improve our Support teams’ ability by providing new languages or offering new payment systems exclusive to this region. This is made possible only by the accurate data provided through the account verification process.

N/B: Client information kept by the company is treated as confidential and will not be used for any purpose, other than in connection with the provision, administration, and improvement of the Services, for research, statistical, and marketing purposes.

This ensures that your privacy is protected and data will never be disclosed to third parties outside of Kwakol Markets. 

Follow the links for more information regarding what is required to fully verify your Kwakol Markets account, or what limitations are placed on unverified accounts. (input links for account verification)