Anti money laundering policy

As an international forex (fx) broker providing financial services, Trader is obliged to adhere to Anti-Money Laundering (AML) policies with due diligence. Trader complies with the international Anti-Money Laundering laws and regulations, and maintains a strong and aggressive stance to prevent illicit money laundering activities. Our stringent policies and procedures were implemented to detect, prevent and report Money Laundering and any other suspicious activities.

How is Money Laundering Defined?

When criminals attempt to relocate their illicit funds by transferring them to a lawful financial system without arousing any legal attention, this constitutes Money Laundering.

Once a criminal or terrorist person(s) transfers their funds into legitimate financial systems, they can then transfer them between banks or financial products to use in illegal activities, purchase goods and services, or even fund terrorism.

It will report any attempt by an individual or business to conceal the origin and ownership of the proceeds of illegal activities, including fraud, theft, illegal gambling, drug trafficking, and other activities.

Do I Need to Prove My Identity Before Opening a Forex Trading Account?

To prevent Money Laundering, Its requests that all of our customers provide supporting documentation for proof of identity and the origin of their funds before trading forex with us. We place great emphasis on verifying the identity of our customers and determining that their funds are derived from a legal origin before opening an fx trading account or making a deposit. As part of this policy, you will be required to provide legal documentation to verify your name, personal details and location.


It Requires the Following Documentation as Proof of Identity:

An original certified copy of your ID or passport.

Your photograph with a personal signature.

On the Customer Agreement, you will be required to clearly indicate the beneficiary name – the account beneficiary must match the name on your customer agreement form. Any funds you wish to withdraw must be to the same account number and beneficiary name.