FOREX.com Upgrades Japan Sign-Ups with LIQUID eKYC

FOREX.com, a leading global platform for foreign exchange (FX) and contracts for difference (CFD) trading, is making it easier for users in Japan to join its services. Operated by StoneX Group Inc., a NASDAQ-listed financial firm (SNEX), FOREX.com has partnered with Liquid Inc., part of the ELEMENTS Group listed on the Tokyo Stock Exchange Growth Market, to implement LIQUID eKYC. This advanced online identity verification tool, used by StoneX Securities Co., Ltd., FOREX.com‘s Japanese subsidiary, aims to simplify account openings for the platform’s million-plus users across 180 countries.

By adopting LIQUID eKYC, FOREX.com is focused on making the sign-up process faster, reducing user drop-offs, and meeting Japan‘s strict regulatory standards. With smart AI and face recognition technology, LIQUID eKYC could double the number of new accounts, helping FOREX.com grow its presence in Japan’s competitive trading market.

Why LIQUID eKYC for FOREX.com?

FOREX.com has long used online identity checks, asking users to submit photos of IDs like drivers licenses and match them with selfies. However, some users found the process tricky, and many quit before finishing. Reviews after submission also slowed things down. LIQUID eKYC changes this with powerful image recognition and face-matching tools, making sign-ups smoother and more accurate for FOREX.com users.

This tool lets traders verify their identity remotely by taking pictures of their ID, scanning ID chips, or using Japan‘s official digital ID system (JPKI). It catches errors instantly, like blurry photos, and guides users to fix them, ensuring a hassle-free experience for FOREX.com’s customers.

Making Sign-Ups Easier for Traders

One of the biggest hurdles for FOREX.com has been users abandoning the sign-up process, especially when taking ID photos. LIQUID eKYC tackles this with an easy-to-use interface and instant feedback. If a trader uploads an unclear picture, the system quickly explains what‘s wrong and how to correct it. With Liquid Inc.’s experience handling over 130 million identity checks, this approach helps more FOREX.com users complete their applications successfully.

LIQUID eKYC also speeds up the review process after submission. It automatically spots issues, like when a name on an ID doesn‘t match the application form, and asks users to fix them right away. This cuts down on back-and-forth with FOREX.com staff. The tool also includes Business Process Outsourcing (BPO) support for manual checks required by Japan’s laws, helping approve more accounts quickly.

Keeping FOREX.com Compliant in Japan

Japan has strict rules for financial platforms like FOREX.com, including the Act on Prevention of Transfer of Criminal Proceeds. This law requires verifying identities and collecting MyNumber (Individual Number) data for new accounts. LIQUID eKYC handles this smoothly, managing everything from collecting to securely storing MyNumber data. This is especially helpful for FOREX.com, as global companies often struggle with Japans complex regulations. With LIQUID eKYC, FOREX.com stays compliant while keeping the sign-up process simple.

Serving All FOREX.com Traders

FOREX.com attracts a diverse crowd, including Japanese locals and foreign residents of Japan. LIQUID eKYC is built to handle IDs from many countries, making it a great fit for FOREX.coms varied user base. This ensures every trader, regardless of background, can join the platform easily and securely.

Plus, LIQUID eKYC offers tailored support for global companies like FOREX.com. With help in English, it guides StoneX Securities through Japan‘s rules and sets up the system smoothly, supporting FOREX.com’s growth in the region.

About FOREX.com and StoneX Group

FOREX.com, powered by StoneX Group Inc., is a top choice for FX and CFD trading, offering over 12,000 financial products to users in 180 countries. In Japan, StoneX Securities lets traders access 84 currency pairs and 26 Knock-Out Option products through web browsers, mobile apps (iPhone and Android), or MetaTrader 4 (MT4). By using LIQUID eKYC, FOREX.com shows its commitment to a secure and user-friendly experience for Japanese traders.

About Liquid Inc. and LIQUID eKYC

Liquid Inc., part of the ELEMENTS Group, creates tools for digital identity and security. LIQUID eKYC supports online identity checks for account openings, contract signings, and even student discounts. Using its own AI, face recognition, and text-reading tech, it keeps the process smooth and accurate. With around 130 million identity checks completed and 600 companies on board, LIQUID eKYC is a trusted solution in Japan and globally.

Liquid Inc. dreams of a world where all 8 billion people can use services safely with just their smartphones or faces. By meeting Japans tough laws and expanding worldwide, it keeps innovating in digital identity.

Whats Next for FOREX.com?

LIQUID eKYC will make FOREX.com‘s sign-up process in Japan faster, more reliable, and easier for traders. By reducing drop-offs, speeding up approvals, and following Japan’s rules, this tool sets FOREX.com up to thrive in Japans financial market. As online trading grows, this partnership shows how smart technology creates secure, smooth experiences for users.

For FOREX.com, LIQUID eKYC is more than a tech boost—it‘s a way to lead Japan’s FX and CFD trading scene. By prioritizing happy traders and compliance, this collaboration sets a new standard for online identity checks in trading.

Learn more about FOREX.com‘s streamlined sign-up process in Japan, powered by LIQUID eKYCs secure and efficient identity verification system.