Glow Node is excited to announce a significant upgrade aimed at enhancing the user experience and KYC (Know Your Customer) verification process for its Nigerian community. This new initiative sees the integration of the National Identification Number (NIN) and Bank Verification Number (BVN) systems into the KYC verification process, marking a significant step forward in streamlining and expediting account approvals.

Glow Node’s KYC Verification Process Enhancement

The integration of NIN and BVN into the KYC process is designed to enhance the accuracy and efficiency of identity verification, ensuring Glow Node maintains the highest standards of security and compliance. The NIN, issued by the National Identity Management Commission (NIMC), provides a unique identification for every Nigerian citizen, while the BVN system, implemented by financial institutions, serves as a biometric identification system to reduce fraud and identity theft.

By incorporating these systems, Glow Node aims to provide a seamless onboarding experience for its Nigerian users, reinforcing its commitment to security, trust, and regulatory compliance. This move is particularly significant in the context of increasing global emphasis on stringent regulatory frameworks within the proprietary trading industry.

How to Utilize the New KYC Verification System

Nigerian users are encouraged to update their account information with their NIN and BVN details to benefit from the enhanced KYC verification process. Glow Node has ensured that the new system is user-friendly and efficient, simplifying the verification steps while upholding the highest security standards.

About Glow Node

  • Offers both one-step and two-step evaluation processes to cater to different trader needs.
  • Provides opportunities for traders to customize their evaluation objectives.
  • Boasts an excellent Trustpilot rating of 4.7/5, reflecting a strong commitment to user satisfaction and security.
  • Allows traders to scale up to $1,000,000, with bi-weekly withdrawals and a scalable profit split of up to 90%.

This upgrade demonstrates Glow Node’s adaptability to emerging technologies and its dedication to providing a secure, efficient, and user-friendly trading environment for its Nigerian community.

New Prop Firms

iFunds, established in March 2024, is a proprietary trading firm offering instant funding accounts ranging from $2,500 to $500,000 without requiring traders to complete evaluations or demo challenges. It stands out for its flexible trading conditions, including no daily drawdown limits, customizable profit splits, and rapid withdrawals. While appealing to experienced traders, its premium fees and limited operational history may require cautious consideration before investment.

DNA Funded is a broker-backed prop trading firm that aims to help traders get simulated funded capital up to $600,000. They offer flexible challenge options, plus boosters to fast-track evaluations. With access to major markets, including forex and crypto, the platform is designed for those seeking bigger opportunities under clearly stated risk parameters. Whether you’re a newbie or a seasoned pro, DNA Funded aims to be your stepping stone into advanced prop trading.

Blueberry Funded, established in 2024, operates as a prop trading firm within the Blueberry family of brands, which also includes Blueberry Markets and Blueberry Partners.

Prop Number One is a global prop trading platform offering traders transparent rules, competitive payouts, and flexible account options to optimize their trading experience.

TradeApp is a new prop trading firm offering global traders access to capital with flexible evaluation phases, profit splits of up to 90%, and educational resources. Ideal for traders looking to grow without risking personal funds.

We Fund You Trade (WFYT) offers traders a chance to manage up to $200,000 in capital with profit splits of up to 85%. Their two-step evaluation process aims to identify disciplined and profitable traders, providing a clear pathway to funded trading.

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