The Trading Master

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

The Trading Master Global LTD (hereinafter referred to as “Company”) is committed to adhering to the highest standards of regulatory compliance, specifically in the prevention of money laundering, terrorist financing, and other illicit financial activities. In accordance with the European Union (EU) Directives, the recommendations of the Financial Action Task Force (FATF), and applicable international standards, the Company has established robust AML and KYC policies to ensure the protection and integrity of its financial systems and to mitigate risks associated with financial crimes.

This policy applies to all employees, customers, and partners of the Company.

1. Governance and Compliance Oversight

The Company has a dedicated Compliance Department tasked with overseeing the implementation and enforcement of AML and KYC procedures. This department ensures that all employees comply with regulatory obligations and internal policies aimed at detecting, preventing, and reporting suspicious activities.

  • Compliance Officer: The Company’s Compliance Officer is responsible for the day-to-day operation of the AML/KYC framework, providing regular training to employees, and maintaining active communication with regulatory bodies.
  • Internal Audits: The Compliance Department conducts regular audits to ensure that AML/KYC protocols are rigorously followed and updated according to evolving regulations.
2. Know Your Customer (KYC) Procedures

To prevent fraud, money laundering, and the financing of terrorism, The Trading Master Global LTD requires all clients—both individual and corporate—to undergo a rigorous KYC verification process before being granted access to any of its trading services.

Individual Clients
  • Identification Requirements: All clients must provide valid government-issued identification (such as a passport or national ID) and proof of address (such as a utility bill or bank statement).
  • Liveness and Video Verification: Clients are required to complete a liveness check and a video verification to validate the authenticity of the identification documents and confirm their identity in real time.
  • Enhanced Due Diligence (EDD): Clients from high-risk countries or those conducting large transactions may be subject to additional scrutiny, including the requirement for additional documentation.
Corporate Clients
  • Corporate Structure Documentation: Companies must provide certified copies of incorporation documents, information about directors, and the identification of all beneficial owners (holding 25% or more equity).
  • Beneficial Ownership: The Company will verify and maintain records of the beneficial owners and their control over the corporate entity. Ultimate beneficial owners must also complete individual KYC checks.

Refusal to comply with KYC requirements may result in the suspension or termination of services.

3. Transaction Monitoring

The Trading Master Global LTD implements a risk-based approach to monitor client activities and transactions in real time, identifying potentially suspicious activities that may indicate money laundering or fraud. The system flags abnormal or unusual transactions based on predefined parameters such as transaction volume, frequency, or geographical location.

  • Bank Reputation and Licensing: The Company verifies the reputation and licensing status of clients’ financial institutions. Clients are permitted to use only one declared bank account for deposits and withdrawals.
  • Source of Funds: Clients are required to declare and prove the legitimate origin of their funds when opening an account and for any subsequent large transactions.
  • Suspicious Activity Detection: The Company will conduct internal investigations in the event of any detected suspicious activities, and may block or terminate client accounts to prevent further risk.

4. Sanctions and Screening

The Company adheres strictly to international sanctions laws, prohibiting any transactions or business relationships with individuals, companies, or countries under sanctions by the United Nations (UN), European Union (EU), or the Office of Foreign Assets Control (OFAC).

  • Sanctions List Screening: All clients, including their beneficial owners and directors, are screened against global sanctions lists before onboarding, and on an ongoing basis.
  • Politically Exposed Persons (PEP): The Company applies additional due diligence measures for individuals identified as politically exposed persons, their family members, or close associates.
5. Jurisdictional Restrictions

The Trading Master Global LTD does not provide services to individuals, companies, or entities located in jurisdictions identified by the EU and FATF as high-risk or non-cooperative, including but not limited to North Korea, Iran, and countries under international sanctions.

Additionally, the Company restricts access to its services for residents and citizens of the following countries:

  • United States of America (USA)
  • Canada
  • Australia
  • United Kingdom
  • Other restricted jurisdictions as identified in the Company’s Terms of Service
6. Risk Assessment Framework

The Company employs a comprehensive risk-based approach (RBA) to assess and manage the AML/CTF risks associated with client onboarding, ongoing account monitoring, and trading activity.

  • Customer Risk: Individual and corporate customers are classified based on risk factors such as nationality, occupation, and financial history.
  • Product Risk: Certain financial products, including leveraged instruments such as CFDs and Forex, are considered higher risk and subject to enhanced monitoring.
  • Geographical Risk: Clients from countries identified as high-risk are subject to stringent KYC and transaction monitoring protocols.
  • Ongoing Review: Client accounts are reviewed periodically, with high-risk accounts being subject to more frequent scrutiny.
7. Reporting and Record-Keeping
  • Suspicious Activity Reporting (SAR): The Company is required to report any suspicious transactions to the relevant financial authorities. Employees are trained to identify potential red flags and escalate concerns through the appropriate channels.
  • Record Retention: The Company retains all KYC records, transaction histories, and due diligence documentation for a minimum period of five years after the termination of a business relationship or transaction.
8. Training and Awareness

All employees undergo regular AML and KYC training to ensure they are aware of their obligations, how to identify suspicious activities, and the appropriate procedures for escalating concerns. This training is updated annually or when new regulations are introduced.

9. Continuous Review and Improvement

The Company regularly reviews and updates its AML and KYC policies to remain compliant with regulatory changes, enhance risk management processes, and integrate new technologies for better detection and prevention of financial crime.

By enforcing these stringent AML and KYC measures, The Trading Master Global LTD ensures a secure trading environment, aligned with global regulatory standards, while protecting against financial crimes.