Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
AML / KYC Policy
Our anti-money laundering and know-your-customer procedures.
Last updated: 2025-01-01
1. Our Commitment
VCM Trade Ltd. is committed to preventing money laundering and terrorist financing. We comply with all applicable AML/CFT regulations in Saint Lucia and international standards set by the Financial Action Task Force (FATF).
2. Customer Due Diligence
Before opening an account, we verify your identity using government-issued photo identification and proof of address dated within the last 3 months.
We may request additional documentation for enhanced due diligence on high-risk clients or large transactions.
3. Ongoing Monitoring
We continuously monitor account activity for suspicious transactions and patterns that may indicate money laundering or other financial crime.
Transactions that exceed certain thresholds or appear unusual may be flagged for review and reported to the relevant authorities.
4. Suspicious Activity Reporting
We are legally obligated to report suspicious transactions to the relevant financial intelligence unit. We are prohibited from informing you when such a report has been made ('tipping off').
5. Sanctions Screening
We screen all clients against international sanctions lists including OFAC, EU, and UN sanctions. We will not onboard or maintain relationships with sanctioned individuals or entities.
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.