AML Policy

Legalization of funds obtained illegally   is the act of converting money or   others monetary instruments obtained from illegal activities,   money or investments that appear to be legitimate and   their illegal source cannot be tracked. Domestic and   international legislation applies to   Companies whose clients can deposit and   withdraw funds from   accounts.
LivingTradeFX adheres to the highest standards in   combating   money laundering (AML) and   terrorism financing and   requires its employees to fully comply with anti-money laundering standards. In   in connection with   this, the Company carries out a full range of measures, the purpose of which is to identify and   counteract the legalization of proceeds from crime and   financing of terrorism. Internal rules are carefully followed in   in accordance with   international requirements for   this aspect.
Procedures carried out by LivingTradeFX to combat money laundering
Existing Procedures
The aim of LivingTradeFX's anti-money laundering procedures is to ensure that clients who engage in   certain activities are identified by   reasonable standard with minimal impact on law-abiding clients. LivingTradeFX provides the necessary assistance to international organizations in the   fight against the   threat of money laundering and   financing of terrorist actions around the world. To this end, LivingTradeFX has implemented a sophisticated electronic system that documents and   verifies the customer's identity, and   also tracks all transactions and   maintains detailed reports on   all transactions.
LivingTradeFX carefully monitors suspicious and   large-scale actions and   transactions and   promptly reports   these actions to the relevant authorities. To maintain the integrity of monitoring systems and   ensure business security, the international legal framework provides legal protection for suppliers of such information.
In order to minimize the risk of money laundering and   financing of terrorist activities, LivingTradeFX does not   accept cash as a deposit and   does not   pay cash under any circumstances. LivingTradeFX reserves the   right to refuse to process a transaction at any   stage in   if it is assumed that the transaction Is connected in any way with money laundering or criminal activity. According to international law, LivingTradeFX does not   have the right to inform the client about   that the relevant authorities have been notified of his suspicious activity.
Identification and   customer verification
In   in order to comply with anti-money laundering laws, LivingTradeFX requires the client to provide two documents proving his identity. The first document that we   require   is an identification document issued by the government of the client's jurisdiction with   a photograph of the client on it. This can be a government-issued passport, a driver's license (for countries where a driver's license is the primary identification document), or a local ID (except for corporate access cards). The second document that we   require   is an invoice with   full name of the client and   actual address on   it is not   older than 3   months. It can be an invoice for   services, an extract from a   bank, notarization or any other account with the   name and   address of the client from an   organization recognized at the   international level.
Customers are required to provide up-to-date identification information and   to immediately report   any changes to   it. The client must promptly inform the Company about the   change in contact information or personal data.
Documents in   non-Western languages must be translated into   English by an official translator; the translation must be sealed and   signed by the translator and   sent along with a   copy of the original document with   a clear photograph of the client on   it.
Payment policy: deposit and   withdrawal
We draw your attention to   the fact that LivingTradeFX prohibits making chargebacks when working with   payment systems and   bank cards. To make a withdrawal from a   trading account to   one of   these systems, you must submit an application through the Client's Cabinet. Funds go to the   wallet in   within 3 working days. If the funds were lost in   as a result of trading, then, unfortunately,   they   cannot be returned back through a chargeback . Please read the   Risk Warning before trading.
LivingTradeFX requires the name of the sender of the funds to fully correspond to the name specified when registering the account (in   if the payment system provides the name of the sender of funds). Payments from   third parties are not   accepted.
LivingTradeFX requires strict adherence to the generally accepted procedure for deposits and   withdrawals. Funds can be withdrawn to   the same   account and   by the   method with which the replenishment was made. When withdrawing, the recipient's name must exactly match the customer's name in the   Company's database. If the replenishment was made by bank transfer, funds can only be withdrawn by the   same bank transfer to the   the same bank and   to the   the same   account from which the replenishment was made. If the replenishment was made through an electronic payment system, funds can be withdrawn only through electronic payment to the   the same system and   to the   same account from which the replenishment was made.
The company accepts payments in the following currencies: USD, EUR, RUB. For the execution of procedures for   counteraction to the legalization of funds obtained by illegal means, withdrawals are carried out only in the   currency in which the replenishment was made.
If   you have any additional questions, please contact   us by email.