Know Your Customer (KYC) & Anti-Money Laundering Policy

1. Regulatory Framework & Institutional Governance

ONE FX CAPITALS LIMITED (hereinafter referred to as the "Company", "we", "our", or "us") is incorporated under Company Registration No. SC12872929 with registered office at PO Box 4385, 12872930: COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, CF18 6LH.

This Know Your Customer ("KYC") and Anti-Money Laundering ("AML") Policy establishes mandatory operating standards designed to prevent the Company's trading systems, financial accounts, and execution infrastructure from being utilized for the concealment, conversion, transfer, or laundering of proceeds originating from illegal activities, terrorist financing, tax evasion, or violations of international economic sanctions.

Compliance with this policy is universal, absolute, and non-negotiable. AX Capitals does not permit anonymous accounts, numbered accounts, fictitious beneficiary registrations, or third-party funding under any circumstances.

2. Customer Due Diligence (CDD) Principles

The foundation of AX Capitals' compliance architecture is a risk-based Customer Due Diligence (CDD) procedure. Prior to granting access to live market trading, margin allocation, or capital deployment, the Company systematically establishes and verifies the true legal identity of each applicant.

Our CDD procedure encompasses four compulsory procedural gates:

1. Identification of the Customer: Collection and formal cryptographic validation of official government-issued identification data.
2. Verification of Permanent Residential Address: Verification of residential location through authenticated municipal, utility, or regulated financial institution documentation.
3. Beneficial Ownership Determination: Identification of natural persons holding 10% or more ownership or control in corporate, institutional, or trust account applications.
4. Commercial Nature & Purpose Assessment: Evaluating the intended trading volume, funding frequency, risk profile, and investment objectives of the Client.

Where high-risk indicators are triggered—such as high initial capital transfers, politically exposed status, or high-risk geographical origins—the account immediately transitions to Enhanced Due Diligence (EDD) as detailed in Section 07.

3. Account Verification Tiers & Capital Limits

To provide streamlined onboarding while ensuring uncompromising regulatory conformity, AX Capitals maintains a progressive, tiered verification structure:

Clients attempting cumulative deposits or trading balances that exceed their current Tier threshold will encounter an automated deposit hold until the corresponding verification documents for the next tier are reviewed and verified by our Compliance Department.

4. Proof of Identity (POI) Specifications

Every applicant must submit a valid, unexpired, government-issued photographic identification document. The document must be provided as a high-resolution, full-color digital photograph or scan.

Technical Validation: Submitted images must be in JPG, PNG, or PDF format with a file size between 500 KB and 15 MB. All four corners of the identity document must be visible with zero flash glare obscuring the text or biometric portrait.

5. Proof of Residential Address (POR) Guidelines

To verify residency and ensure compliance with tax treaty standards and international territorial restrictions, Clients must furnish an authentic Proof of Residence document dated within the preceding 90 calendar days (3 months).

The document must clearly exhibit:

• The Client's Full Legal Name (matching the submitted POI document exactly).
• The Client's Complete Residential Address (street name, building number, city, postal code, and country).
• The official Date of Issuance within the last 90 days.
• The formal logo, header, or seal of the issuing entity or utility authority.

6. Biometric Facial Recognition & Liveness Detection

To prevent identity theft, account takeover, and synthetic identity generation, AX Capitals deploys ISO/IEC 30107-3 compliant 3D Biometric Liveness Verification during the onboarding cycle.

During automated verification:

• The applicant is prompted to capture a real-time selfie or brief continuous video stream via mobile camera or webcam.
• Our verification engine executes passive and active liveness tests (detecting micro-facial movements, texture depth, and 3D topology) to confirm physical presence and eliminate 2D photographs, pre-recorded video replays, silicon masks, or AI-generated deepfakes.
• The extracted biometric template is mathematically cross-matched against the portrait on the submitted Government Photo ID.

Biometric templates are hashed using irreversible 256-bit cryptographic keys and stored in isolated security enclaves strictly for recurring fraud prevention.

7. Politically Exposed Persons (PEPs) & Sanctions Screening

AX Capitals performs automated real-time screening of all prospective and active account holders against authoritative global sanctions databases, including:

• United Nations Security Council Sanctions Committee (UNSC) consolidated list.
• United States Department of the Treasury Office of Foreign Assets Control (OFAC) SDN and SSI lists.
• European Union Common Foreign and Security Policy (CFSP) restrictive measures list.
• United Kingdom HM Treasury (OFSI) financial sanctions consolidated list.
• INTERPOL Red Notices and specialized financial intelligence databases.

Politically Exposed Persons (PEPs) Policy

A Politically Exposed Person is an individual entrusted with prominent public functions, including heads of state, cabinet ministers, senior judicial figures, central bank board members, high-ranking military officers, and immediate family members or known close associates.

AX Capitals does not automatically reject PEP applications; however, all PEP accounts are subject to compulsory Enhanced Due Diligence (EDD), requiring:

1. Senior Executive and Head of Compliance formal approval prior to account activation.
2. Comprehensive certified documentation verifying the legitimate Source of Wealth (SOW) and Source of Funds (SOF).
3. Continuous transaction monitoring with lower algorithmic threshold triggers.

8. Source of Funds (SOF) & Source of Wealth (SOW)

To eliminate capital flight, illegal tax arbitrage, and illicit funds entry, AX Capitals exercises strict verification of the economic origin of deposited capital.

9. Prohibited Jurisdictions & High-Risk Countries

In accordance with statutory licensing covenants, international treaties, and Financial Action Task Force (FATF) blacklists, AX Capitals Ltd does NOT accept account applications, onboard clients, or process financial transfers from residents, citizens, or entities incorporated in the following territories:

Any attempt to circumvent territorial boundaries through Virtual Private Networks (VPNs), proxy routing, virtual addresses, or nominee applicants constitutes a material breach of contract and triggers immediate account termination and asset freeze pending regulatory instruction.

10. Ongoing Transaction Surveillance & SAR Reporting

Compliance is an ongoing obligation that extends across the lifetime of the client relationship. AX Capitals maintains advanced algorithmic transaction surveillance systems that monitor deposit velocity, order routing patterns, volume anomalies, and withdrawal requests in real time.

Red Flag Trigger Events

Our automated monitoring engines flag accounts for immediate compliance desk manual audit upon encountering:

• Dormant Account Influx: Sudden high-volume deposits into accounts that have exhibited zero market activity for extended intervals.
• Zero Trading Rapid Withdrawals: Immediate withdrawal requests following deposits without executing genuine market transactions, indicative of money transmission or layer laundering.
• Structuring & Smurfing: Repeated transactions executed just below mandatory reporting thresholds within brief time horizons.
• Frequent Geographic IP Switching: Successive logins from conflicting geographic locations or high-risk jurisdictions within physiologically impossible intervals.
• Conflicting Funding Sources: Attempts to deposit through multiple varied bank cards or accounts bearing disparate names.

11. Data Protection, Storage & Statutory Retention

All sensitive identity documentation, proof of residence certificates, and biometric tokens submitted to AX Capitals are processed with the most rigorous enterprise-grade security protocols:

• Cryptographic Encryption: Data is encrypted both in transit (TLS 1.3 with 256-bit cipher suites) and at rest (AES-256 hardware security modules).
• Access Control Enclaves: Access to KYC documentation is strictly confined to licensed, background-checked compliance officers utilizing multi-factor biometric authentication.
• GDPR & Privacy Compliance: Personal data is gathered exclusively for regulatory compliance, fraud deterrence, and account execution purposes. We do not sell, rent, or trade client verification data to commercial third parties.
• Statutory Retention Period: In compliance with international anti-money laundering regulations, all KYC documents, correspondence records, and full transaction ledgers are retained for a minimum mandatory duration of seven (7) years following the formal closure of the trading account.

12. Document Submission Methods & Compliance Desk

Clients may submit their verification documentation through any of the following authorized channels:

1. Secure Client Portal: Log in to the AX Capitals Member Area and navigate to Settings → Verification Hub to upload high-resolution files directly.
2. Encrypted Email Submission: Send document attachments from your registered account email to compliance@axcapitals.com with your Account ID in the subject header.
3. Dedicated VIP Institutional Desk: For corporate, trust, and family office onboarding, contact our Senior Compliance Liaison directly at institutional@axcapitals.com.