As I understand, well-established companies understand that legal compliance is essential for serious investors and staying clear of legal troubles. They implement user verification processes, ID document uploads, selfie or biometric verification, and automated screening against global sanction and risk lists. Some solutions also allow location-based access restrictions to block users from restricted countries.

However, these compliance solutions are not always part of the basic package and may incur an extra fee. It is always wise to check this out early on.

If a service provider disregards legal protection measures altogether, this is a cause for concern.