Anti-money laundering policy

As an international CFD crypto financial broker, you are bound to comply with AML policy with due care and due diligence. It complies with the requirements of international laws and regulations to combat money laundering and maintains a strong and aggressive position to prevent illegal money laundering activities. Our strict rules, principles and procedures have been introduced to identify, prevent and report money laundering and any other suspicious activity.

How is money laundering defined?

When criminals attempt to transfer their illegally obtained funds by transferring them to a legitimate financial system and without attracting legal attention, this is called “money laundering”.

Once the funds go to legitimate financial systems, criminals or terrorists can move them between banks or financial products and use them in illegal activities, buy goods and services, or even finance terrorism.

It will report any attempt by a person or company to conceal the origin and ownership of proceeds from illegal activities, including fraud, theft, illegal gambling, drug trafficking, and other activities.

Should I confirm my identity before opening an account?

To prevent money laundering, we ask all of our clients to provide relevant documents proving the identity and origin of the funds before trading with us. We pay close attention to verifying the identity of our clients and determining the legal nature of the origin of their funds before opening an fx trading account or making a deposit. As part of this policy, you will need to provide legal documentation to verify your name, personal details, and location.

Request to provide the following documents to verify identity:

1. A copy of the passport or identity document (front and back)

2. Copies of all credit cards used to make a deposit. (Face and back). Please note that only the first six and last four digits on the front of the credit card need to be visible along with the expiration date and full name. You can hide the remaining numbers on the front and the CVV number on the back.

3. Bank statement – RIB.

4. Complete utility bill with your name and surname, as well as your address. (Please send us the complete document).

5. In the agreement with the client, the name of the beneficiary must be clearly indicated; the beneficiary of the account must coincide with the name indicated in the form of her contract with the client. Any media you want to withdraw must match the account number and name of the recipient.