In accordance with strict financial rules and regulations, TheTradersDomain collects and verifies the personal identification data of all our account holders. TheTradersDomain logs and tracks all the transactions that are carried out by our clients.
In order to open a trading account you must provide at least 100 points of ID. The ID you provide must comprise of a primary form of Photo ID which includes a valid government issued document showing your full name and date of birth and a secondary form of ID showing your name, residential address and provision of services such as money owed or paid.
In accordance with the Anti-Money Laundering and Counter Terrorism Financing Act 2006 we are required to verify your identity prior to opening a trading account.
We are required to collect a minimum of 100 points of ID. Each form of primary ID accounts for 70 points with each form of secondary ID accounting for 30 points. The total must be equal to or greater than 100 points.
The following are acceptable forms of photo identification:
Photo ID must show full name and date of birth. If your Photo ID is Certified or Notarized add 30 points (100 points in total).
The following are acceptable forms of proof of residence:
All proof of residences must be current and not outdated by more than 90 days, show the full document, clearly display the name and address (no PO Boxes) and show a provision of services such as money owed or paid.
Total = 100 points
We must be able to understand the language shown on your Photo ID and Proof of Residence. We are able to translate most languages except Arabic and Russian. We require documents provided in Arabic and Russian to be accompanied by an English translation.
The withdrawal process at TheTradersDomain detailed below is structured around strict guidelines to make sure that funds are securely sent back to their originating source and beneficiary.
Prior to opening an account, TheTradersDomain shall document the identity, nature of business, income, source of assets if applicable, and investment objectives of each prospective customer.