Great news! Paying for your Prop Firm account just got easier. Virtual VISA cards will now be made available for our clients to purchase Prop Firm accounts.
For some time now, it has been very challenging paying for some Prop Firm accounts for MyPropChoice clients. MPC admin had to log in to some clients’ accounts and pay directly with company card for some Prop Firms like MFF and FTMO as we do not have official relations with them. However, this is not the same with other Prop Firms like E8, Buoytrade, Digital Pit, Stock Net Institute and Core Capital Funds that we have a pre-agreement with which allows them to transfer appropriate account sizes to client when we pay for the account. There is no need to go through such hassle of asking for clients’ login details anymore. MPC would now issue a reloadable virtual VISA card with the full Prop Firm fees in our client’s name to pay for the Prop Firm chosen.
MPC has partnered with a top-class bank to issue reloadable virtual VISA cards on behalf of our members so they can go straight to purchasing their chosen Prop Firm Challenge with Prop Firms like MFF and FTMO. You simply have to complete a Know-Your-Customer (KYC) Verification that would be presented to the bank. The reason being that KYC is to fulfill the Anti-Money Laundery Compliance policy with the bank. Essentially, it is proof that you are a client of ours.
For KYC, a proof of name (national id card, driver’s license or voter’s card) and proof of address (electricity bill, water bill, cable bill, bank statement) within the last 3months would be required of you.
Here is how the process works
1. You purchase one of the listed Prop Firm accounts on the MPC website
2. You pass the MPC gateway challenge
3. Complete your KYC verification
4. Bank issues a funded virtual VISA card on behalf of MPC in your name
5. You pay for your Prop Firm account
The process is simple and we would ensure it is seamless as possible so you can have the best experience.
