Client’s safety and security is a key consideration for an Institution and we take our commitment to safeguarding our client best interests extremely serious.
We have implemented a set of KYC (Know Your Client) procedures designed to secure the private information of our clients while keeping the company in line with compliance best practices and policies for financial services companies. These are aimed at preventing any instances of identity theft, money laundering, and fraud or terror activity.
We operate on a strict Zero Tolerance basis. Any fraudulent activity will be filed and will result in the immediate closure of any trading accounts related to such activity. Funds deposited in any such accounts will be forfeited.
These procedures secure your data and your financial transactions. Without completing our KYC procedures, your trading activity will be limited, and you will not be able to withdraw funds from your account.
Opening and funding a trading account with us will require the following documents to be submitted:
Proof of Identity document (colored photo or scan), following can be submitted:
National Identity card
Driving License carrying clear photograph
Proof of Identity document must clearly contain the following:
Full name of the Client.
Date of birth.
Passport Issue and Expiration of the Proof,
The minimum validity period of an identity document must be 6 months before the expiration date.
Coloured photo of a document that confirms your address and is not older than 90 days from the date of issue. The photo must show your full address of residence, first and last names, date of issue and official stamp or barcode. You may submit your:
Certificate of residency
Coloured photos of both sides of the signed card/s you used to deposit.
For your security, please cover the CVV number and the seventh to twelfth digits of your card/s number/s, leaving the first six and last four digits visible on both sides of your card/s.
The card holder’s name/s and expiry date/s must be visible
Submit the required documents in PDF / JPEG / JPG / PNG image formats to the compliance department firstname.lastname@example.org
Submit your compliance as soon as possible after activation of your trading account. Please note that your missing compliance may result limitations on your trading account. Consider that with missing compliance any withdrawal requests from your trading account will not be processed.
Trading foreign currencies can be a challenging and a highly profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment goals, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to risk.
There is considerable exposure to risk you take in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for change in political scenarios and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in foreign exchange speculation may also be susceptible to sharp rises and falls as there are possibilities that the relevant market values fluctuate rapidly. The leveraged nature of Forex trading instruments is as such that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may be bound to lose the investment entirety. It is for this reason that when speculating in such markets it is advisable to use only the capital on which you are capable of taking a risk.
WOHLSTAND MARKETS LIMITED is incorporated as a company in St.Vincent and the Grenadines with registration number 25644 BC 2019
WOHLSTAND MARKETS LTD does not offer its trading services to residents of certain countries/ jurisdictions such as Afghanistan, Bosnia & Herzegovina, Burundi, Eritrea, Gaza Strip, Haiti, Iran, Japan, Lao, Libya, Myanmar, North Korea, Somalia, South Sudan, Sudan, Syria, USA, Venezuela, West Bank and Yemen.
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