The and the Rails approach to compliance is our competitive advantage, however certain applications may not be approved. If you are not eligible for Rails, you will be notified automatically during the application process or by email from a member of our team.
Click the expandable sections below to understand possible reasons why your application hasn't been approved
You're not eligible
Rails Pro has eligibility restrictions which we've aimed to make as transparent as possible in the article, but here is a quick summary:
Prohibited Jurisdictions: Applicants who are citizens of, residents of, or whose business is registered in certain restricted countries are not permitted.
Insufficient Experience: Rails Pro applicants must have sufficient investment knowledge, trading experience, and risk tolerance.
Unsupported Business Types: Some business types, like charities, non-profits, foundations and sole proprietorships, are not eligible.
Failed or Incomplete Verification: Rails Pro requires both and , where applicable, to be completed before you can trade on the platform. It is possible that there wasn't sufficient documentation to verify your business, or verify your identity.
If you are not eligible, you would have received a screen like this when submitting your application, or received an email from our support team stating your application has been declined.
Your application is still pending
If one or more of the verification steps (e.g. ID scan, proof of address document upload, etc.) were unsuccessful, you
Your application is under review
To maintain the integrity and security of our platform, some applications may require a manual review before they can be approved. This step ensures that all necessary information is accurately verified and that the application meets our compliance standards. Manual reviews help us protect against potential fraud, confirm user identities, and provide a safer experience for all users.
We aim to complete all reviews within one business day
You will be contacted via email once you're approved, or if we require more information. Check your spam folder if you don't receive the email.
Duplicate account detected
Users are only allowed to have one individual account. Duplicates will be automatically declined. If you have not applied previously for a Rails account, please reach out to us .
If you are unsure about the status of your application, reach out on or