Let’s be honest, KYC isn’t the easiest or coolest part of running a brokerage. But you know what is cool? Onboarding a verified client in under three minutes without tanking your compliance score or waking up to a regulator breathing down your neck.
In the FX world, speed and trust are everything. And the way you verify your clients sets the tone for the entire relationship. Skip the right KYC tools and you’re basically inviting fraud in through the front door; or worse, sending good clients straight to a competitor who onboards faster.
That’s why FXBO CRM didn’t just throw in a few integrations for the sake of it. We handpicked 9 battle-tested KYC providers, each offering something different so you can build your compliance stack your way, without compromising on speed, UX, or security.
Let’s break it down.
First, Why KYC Matters for Forex Brokerages
In terms of choosing the right KYC providers, here’s what’s at stake:
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Fraud Prevention: Proper identity verification stops fake accounts before they even log in.
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Regulatory Compliance: Regulators like CySEC, FCA, and ASIC don’t mess around. KYC helps you stay aligned with AML (Anti-Money Laundering) requirements and global standards.
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Faster Onboarding = More Clients: The right KYC provider can reduce friction—getting clients verified and trading within minutes.
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Reputation Management: One bad KYC failure can lead to fines, blocked accounts, or worse—client churn.
Meet the KYC Providers FXBO CRM Integrates With
Here’s the deep dive into each of our integrated KYC partners and why they might be the best fit for your brokerage:
1. Muinmos
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What it does: Full onboarding automation, including client classification, risk assessment, and KYC/KYB checks.
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Why it rocks: It’s ISO-certified, lightning-fast, and handles regulatory complexity across multiple regions.
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Global reach: Strong presence in Europe, Asia, and the Middle East.
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Best for: Brokers looking for an all-in-one compliance engine with regulatory depth.Brokers looking for an all-in-one compliance engine.
2. Sumsub
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What it does: Offers both KYC and KYB, AML screening, biometric face matching, and transaction monitoring.
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Why it rocks: One of the most robust and widely adopted identity verification suites out there.
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Best for: Global brokers with complex compliance needs.
3. Sumsub via Web SDK
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What it does: Streamlined client-side onboarding via widget. Upload docs, face scan, done.
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Why it rocks: It’s fast, user-friendly, and optimizes pass rates.
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Best for: Brokerages focused on seamless UX and speed.
4. ShuftiPro
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What it does: Identity verification, facial recognition, document validation, and address checks.
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Why it rocks: Covers 230+ countries, supports 150+ languages, and uses AI + human review.
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Best for: Brokers targeting multilingual and global audiences.
5. Easifica
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What it does: Simplified KYC and compliance checks tailored to regional requirements.
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Why it rocks: Lightweight, fast, and easy to integrate for brokers operating in specific markets.
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Regional focus: Europe and MENA.
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Best for: Brokers looking for efficient verification in select regions without overkill. Brokers looking for straightforward verification with decent geographic reach.
6. Easydebit
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What it does: Verifies bank accounts and handles direct debit authorizations in the EU.
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Why it rocks: Speeds up financial validation and supports SEPA region onboarding.
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Best for: EU-based brokers and fintechs.
7. Identomat
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What it does: KYC, document recognition, and facial biometric verification.
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Why it rocks: Specializes in GDPR and EU-specific AML compliance.
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Best for: Brokerages operating within European regulations.
8. PROOViD
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What it does: AI-powered identity verification using biometric liveness checks and real-time video.
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Why it rocks: Great fraud prevention, robust video verification.
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Best for: High-risk markets or fraud-sensitive segments.
9. RegTek+
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What it does: Tailored compliance tools, including KYC, KYB, and regulatory reporting.
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Why it rocks: Focused on scalable compliance for brokers and fintechs.
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Best for: Firms scaling fast and operating under regulatory pressure.
How to Choose the Right KYC Provider for Your Brokerage
You don’t need a Swiss Army knife, just the right tool for the job. Here’s how to decide which KYC provider is the best for your brokerage:
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Speed vs. Thoroughness: Some providers are faster, others dig deeper.
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Market Focus: Need coverage in Africa? Asia? LATAM? Choose accordingly.
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UX vs. Backend Power: Client-side SDKs are great for speed; backend platforms offer control.
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Tech Stack: Some plug in cleanly via API, others may need more integration effort.
Final Word : The Advantage of FXBO CRM
KYC is no longer a back-office chore. It’s a frontline experience. And with FXBO CRM, you get a toolkit of elite, pre-integrated providers. This way you’re never locked into one system, one vendor, or one geography.
Whether you're scaling into new regions or tightening your fraud checks, we’ve got a provider for that. Because fast onboarding, strong compliance, and smart client journeys shouldn’t be trade-offs; they should be your standard.
And remember: our list of KYC providers is indicative of the integrations we currently support. Since providers frequently update their systems, adjustments may sometimes be required. Additional costs may apply for updates or if you wish to modify an existing integration. Ultimately, it’s the Broker’s responsibility to notify FX Back Office Ltd. of any updates needed on the KYC provider’s side.
On the bright side, custom developments are always on the table. We can integrate with any provider you like, ensuring your CRM setup matches your exact vision.
Still not using FXBO CRM to upscale your brokerage?! You can request a free demo and try it right now.