AML & KYC Policy

AlphaFX Pro operates a risk-based anti-money-laundering and counter-terrorist-financing programme. This summary explains what it means for you as a client.

We verify who you are with a government-issued photo ID and a proof of address, and we screen accounts against international sanctions and politically-exposed-person lists. Verification must be complete before your first withdrawal is paid, and we re-verify where your details change or a document expires.

Deposits must come from a source you own or control. For larger deposits, or where a pattern is inconsistent with the profile on file, we may ask for evidence of the source of the funds before crediting or releasing them. We do not accept cash, and we do not accept a deposit made on your behalf by a third party.

• Deposits, transfers, trading and withdrawals are monitored on an ongoing basis for patterns associated with money laundering — layering, rapid in-and-out movement with little trading, or structuring below thresholds.
• Withdrawals are paid only to a destination in the account holder's own control. This is one of the most effective controls we have, and it is not waived on request.
• Where we have a suspicion we are required to report it to the relevant authority, and the law may prevent us from telling you that we have done so.
• We may freeze or close an account, and refuse a transaction, where sanctions apply or where a satisfactory explanation is not provided.

Verification documents and transaction records are kept for five years after an account closes, as our obligations require, and are held on the terms set out in the Privacy Policy.

Give accurate information, tell us when it changes, and respond to a verification request promptly — an unanswered request is the most common reason a withdrawal is delayed. Never allow another person to fund or operate your account.