The KYC Policy

Customer security takes precedence with DirectTradingFX. We commit to safety with the strictest protocols implemented to keep the integrity of our clients' data.

• DirectTradingFX implements a series of KYC (Know Your Client) procedures that aim at securing our client's private and sensitive information as it delves into the financial industry's best practices and policies. Through the company's KYC protocol identity theft, money laundering, fraud, or terror activities are effectively kept at bay.
• DirectTradingFX operates through a stringent Zero Tolerance basis. Fraudulent activities are duly documented with the trading account related to such subject to immediate closure and forfeiture.
• These safeguard our clients' personal data and financial transactions. Should a client fall short on completing the KYC procedures, their trading activities would be limited and will be prevented from withdrawing funds.
• Opening and funding a trading account with DirectTradingFX requires the following documents:
• 1. Proof of Identity (colored photo or scan); any of these two may be accepted:

Passport

National Identity card

Note that the Proof of Identity should contain these details:

Full name

Date of birth

Date of issue and expiration

Clear photo

The minimum validity period of such document should be 6 months before the expiration date.

2. Secondary Proof of Identity (colored photo or scan); it can be any of the following:

Certificate of Live Birth/Marriage/Divorce

Diploma

Driving license

Insurance ID

Military ID

3. Colored photo of a document that details the holder's address and that has not exceeded 90 days from the date of its issue. The photo should contain the holder's full address, first and last names, date of issue, and the document's official stamp or barcode. The documents below are accepted:

Bank Statement

Certificate of Residency

Check

Legal Agreement

• Penalty Notice
• Utility Bill

4. Back-to-back colored photos of signed card/s used for deposit

• Clients are advised to cover the CVV number and the seventh to twelfth digits of their card/s number/s. Only the first six and last four digits should be visible on both sides of clients' card/s. These should be done to protect the client's data. However, for the sake of proof of identity, the card holder’s name/s and expiry date/s should also remain visible.
• The pertinent documents are to be submitted in PDF / JPEG / JPG / PNG image formats to the email address: [email protected]
• Documents for compliance should be submitted in the soonest time possible to speed up the opening of one's trading account. Should the rendered compliance documents prove to be incomplete, there will be limitations on one's trading account. In addition, withdrawal requests will not be processed.
• Military Identity Card
• International Passport

This proof of identity document must clearly show the following:

• Your full name;
• Your date of birth;
• Expiration and Issue date;
• A clear picture (colored photo or scan).

POI documents must have a minimum validity of 6 months before the expiry date.

C) Proof of Residence (POR) Document:

Your Proof of Residence document must be a clearly legible copy of any of the following:

• A bank or credit card statement
• A utility bill for one of the following: water, electricity, phone or gas.

Your Proof of Residence document must clearly show the following details:

• Your full name;
• Your address of residence;
• Issue date;
• A clear picture (colored photo or scan).

POR document must be dated within the last 3 months and should contain an official stamp or barcode.

D) Colored photos of both sides of the Credit Card:

If a Credit Card is used to fund your account, we will need copies of the front and back of the credit card with the first 6 and last 4 digits visible. The credit card CVV on the back of the card must also be blacked out. The holder’s name and signature must be clearly visible. The expiry date should also remain visible.

Requirements for the quality of documents:

• Scans / photos cropped and processed on editing software will not be accepted.
• The photo must be of the document / card itself;
• All necessary data must be visible;
• The edges of the card / document must not be cut off by the boundaries of the image;

Any text must be readable, even in small print (for example, on the backside of the card);

Documents with watermarks or patterns must be distinguishable;

The texture of the card surface must be visible to distinguish the authenticity of the copies.

It is in your best interest to send us your POI and POR documentation as soon as possible after account registration. Failure to provide suitable documentation may result in limits being placed on your trading.

Furthermore, it is important to understand that without the required documentation being on file with us, withdrawals from your account cannot be processed.