Anti Money
Laundering Policy
Plus Markets is committed to preventing financial crime and complying with all relevant anti-money laundering (AML) regulations.
Our AML policy outlines the measures we take to detect, prevent, and report any activities related to money laundering, terrorist financing, and other financial crimes.
By using Plus Markets, all users agree to comply with this policy and support our commitment to financial security and regulatory compliance.
Regulatory Compliance
Plus Markets adheres to global AML regulations, including but not limited to:
Financial Action Task Force(FATF) guidelines: International standards for combating money laundering and terrorist financing.
General Data Protection Regulation(GDPR): Ensuring user data protection while complying with AML laws.
Local financial authorities: Compliance with jurisdiction - specific AML regulations and reporting requirements.
Know Your Customer (KYC) Policy
To prevent illicit activities, Plus Markets enforces a strict Know Your Customer (KYC) policy, requiring users to verify their identity before accessing our trading services.
The KYC process includes:
Identity verification: Submission of government - issued ID(passport, driver’s license, or national ID card).
Proof of address: Utility bill, bank statement, or official government correspondence(issued within the last three months).
Selfie verification: Ensuring the individual matches their submitted identification document.
Additional verification: In cases of higher - risk accounts, enhanced due diligence(EDD) may be required, such as proof of funds and source of wealth documentation.
Transaction Monitoring
We actively monitor all user transactions to detect suspicious activity.
Our automated and manual monitoring includes:
Unusual transaction patterns: Sudden large deposits, rapid withdrawals, or multiple transactions without clear trading activity.
High-risk jurisdictions: Transactions involving countries with weak AML regulations or a history of financial crime.
Use of multiple accounts: Identifying users attempting to evade AML controls by spreading activity across multiple accounts.
Frequent high-value transactions: Ensuring large trades align with a user’s stated financial profile and trading history.
Reporting Suspicious Activity
If we detect any transactions that may be linked to money laundering, terrorist financing, or fraudulent activity, we reserve the right to:
Request additional documentation: Users may be required to provide proof of the source of funds before transactions can be processed.
File a Suspicious Activity Report (SAR): Reporting suspected illicit activity to the appropriate financial authorities.
Freeze accounts: Temporary account suspension while investigations are conducted.
Terminate accounts: Permanent closure of accounts involved in unlawful activity.
Prohibited Activities
The following activities are strictly prohibited on Plus Markets:
Using false or stolen identity information to open an account.
Third-party deposits and withdrawals. Users must use payment methods registered in their own name.
Engaging in structured transactions to evade AML monitoring.
Using Plus Markets for any illegal or unethical financial activity, including tax evasion or sanction violations.
User Responsibilities
As part of our AML compliance, all users must:
Provide accurate and up-to-date information during KYC verification.
Use only their personal payment methods for deposits and withdrawals.
Report any suspicious activity or security concerns to our support team.
Understand that Plus Markets may request additional verification at any time.
Data Protection and Confidentiality
All user data collected under our AML policy is stored securely and handled
in compliance with applicable data protection regulations.
We do not disclose personal data unless required by law or regulatory authorities.
in compliance with applicable data protection regulations.
We do not disclose personal data unless required by law or regulatory authorities.
Policy Updates
Plus Markets reserves the right to update this AML policy as necessary to comply with evolving regulations and industry best practices.
Users will be notified of any significant changes.
Contact Information
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