AML & KYC policy
Why we ask for your documents, and what we are required to do with them.
Why we verify you
Anti-money-laundering law requires us to know who our clients are before we hold their money. That is not a policy we can waive for convenience, and an unverified account cannot be funded or traded.
What we ask for
A government-issued photo ID, a recent document confirming your address, and — depending on the size and pattern of your deposits — evidence of where the money came from.
We may repeat these checks during the life of the account, particularly if your activity changes materially.
What we are required to do
Monitor for unusual activity, keep records for the period the law specifies, and report suspicion to the relevant authority. We are generally prohibited from telling you that such a report has been made.
We will refuse, suspend or close an account where we cannot satisfy these obligations, and we will return remaining client money to its verified source where we are permitted to.
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