AML Policy

1. Introduction

SCapitalFX is committed to preventing money laundering, terrorist financing, and other financial crimes. This Anti-Money Laundering (AML) and Know Your Customer (KYC) policy outlines the procedures we follow to ensure compliance with international standards.

2. Know Your Customer (KYC)

All clients are required to complete identity verification before they can deposit, trade, or withdraw funds. The KYC process includes:

• Proof of Identity: Valid government-issued photo ID (passport, national ID card, or driver’s license)
• Proof of Address: Recent utility bill, bank statement, or government correspondence (dated within last 3 months)
• Selfie Verification: A photo of yourself holding your ID document

We reserve the right to request additional documentation at any time to maintain compliance.

3. Customer Due Diligence

We apply risk-based due diligence measures to all clients:

• Standard Due Diligence: Applied to all clients during onboarding
• Enhanced Due Diligence: Applied to clients who present higher risk indicators, including politically exposed persons (PEPs), clients from high-risk jurisdictions, or those with unusual transaction patterns

4. Transaction Monitoring

We continuously monitor client transactions for suspicious activity, including:

• Unusual deposit or withdrawal patterns
• Transactions inconsistent with the client’s stated profile
• Multiple accounts linked to the same individual
• Deposits from third-party sources
• Rapid movement of funds with minimal trading activity

5. Suspicious Activity Reporting

If we identify suspicious activity, we will file a Suspicious Activity Report (SAR) with the relevant authorities. We are not permitted to inform clients that a report has been filed. We may suspend or freeze accounts pending investigation.

6. Cryptocurrency Compliance

As deposits and withdrawals are processed via cryptocurrency, we implement additional measures:

• Blockchain analysis to trace the origin of funds
• Screening against sanctioned wallet addresses
• Verification that withdrawal addresses belong to the account holder
• Monitoring for mixing services, privacy coins, or other obfuscation methods

7. Record Keeping

We retain all client identification documents, transaction records, and KYC documentation for a minimum of 5 years after account closure, as required by international AML regulations.

8. Staff Training

All SCapitalFX personnel involved in client onboarding, transaction processing, and compliance receive regular AML/KYC training to ensure awareness of their responsibilities and current regulatory requirements.

9. Prohibited Jurisdictions

SCapitalFX does not accept clients from jurisdictions where trading leveraged financial products is prohibited, or from countries subject to international sanctions. We reserve the right to decline or terminate accounts from any jurisdiction at our discretion.

10. Contact

For questions regarding our AML/KYC procedures, please contact our compliance team:

• Email: support@scapitalfx.com