Yes, YRM Prop welcomes traders operating as businesses or corporate entities. We’ve designed our account structure to accommodate both individual traders and established trading businesses.
Trading as a Business with YRM Prop
When you choose to trade through your business entity with YRM Prop, you’ll follow a straightforward process:
- Initial Registration: During signup, you can indicate that you’re trading as a business entity rather than an individual. Your challenge account can be established immediately while business verification occurs in parallel.
- Business Verification: Before your first payout, our compliance team will conduct a Business Verification process to ensure regulatory compliance. This is separate from the standard individual verification process.
- Required Documentation: Typically includes:
Certificate of Incorporation or equivalent business registration documents
Company ownership structure documentation
Verification of authorized traders
Business banking information for payouts
Photo identification for major stakeholders (20%+ ownership)
Benefits for Business Trader
Operating as a business entity with YRM Prop offers several advantages:
- Tax Efficiency: Potential tax benefits depending on your jurisdiction and business structure
- Multiple Traders: Ability to have different traders operate under the same business entity
- Brand Preservation: Maintain your trading business identity while accessing our capital
- Professional Structure: Better positioning for potential future scaling opportunities