I have just recently started trading with youtradefx. Upon registering for a live account at youtradefx, they have asked me for my government issued id....bearing my photos, full name, DOB, expiration date, proof of residence (address).
They have also asked me for my clear copy of my visa card (back and front) and reminded me that the card must "clearly indicate holder's name, valid date, and the last 4 digits on the cards". Although they have asked me to protect my security by making sure"first 12 digits on the front side and the CVV number on the backside of the card" is blank, i somehow feel insecure.
Should I be worried? They seem to be asking too much of my personal details. Is this normal for a broker to ask from a customer?
They have also asked me for my clear copy of my visa card (back and front) and reminded me that the card must "clearly indicate holder's name, valid date, and the last 4 digits on the cards". Although they have asked me to protect my security by making sure"first 12 digits on the front side and the CVV number on the backside of the card" is blank, i somehow feel insecure.
Should I be worried? They seem to be asking too much of my personal details. Is this normal for a broker to ask from a customer?