What is Two Factor Authentication (2FA)?
2FA is an extra layer of security designed to ensure that you are the only person who can access your account, even if your password is compromised. Using a Username and Password together with a dynamic 2FA makes it more difficult for your account to be compromised. Additionally, using a 2FA app on a separate device means a compromise of your primary device doesn't result in a compromised qTrade account.
Using Two Factor Authentication
When you have 2FA enabled certain account options will require a 2FA code to make sure unauthorized parties are unable to perform privileged actions, such as:
- Logging in
- Creating withdrawals
- Changing your password
- Creating API keys
- Disabling 2FA
Benefits of utilizing 2FA:
- Much stronger account security
- Enabling 2FA disables the requirement to confirm withdrawals via email
- Increased withdrawal limits