Individual vs. Business Accounts: Choosing the Right Setup

Signing up as an individual or a business changes a few things on the back end. Here's how to pick the right one.

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Ticket Attendant Team

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Individual accounts
Business accounts

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During sign-up, you’ll choose between an individual or a business account. It’s a quick decision, but it’s worth understanding what’s behind it.

Individual accounts

If you’re operating under your own name without a formal business entity, an individual account is the right fit. You’ll verify identity with an SSN rather than a FEIN.

Business accounts

If you’ve formed an LLC or corporation for your brokerage, a business account lets your company name and FEIN appear on payouts and documentation — which matters once you’re filing taxes as a business rather than an individual.

Neither option changes your fees or your access to features. It’s purely about how your account is structured on paper, so pick whichever matches how you’ve actually set up your business.

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