AML and KYC Policy

OptigoBroker maintains a risk-based AML and KYC programme intended to prevent its website, Client Area, Trading Accounts, binary-option services and payment channels from being used to disguise, transfer or benefit from unlawful funds.

Employees and persons acting for OptigoBroker must follow this Policy, applicable law and internal compliance procedures. Commercial targets, deposit volume or Client status do not override AML and KYC controls.

This Policy forms part of the contractual documents accepted by the Client. Additional information may be requested whenever reasonably required to manage financial-crime risk.

Money laundering means conduct intended to conceal or disguise the criminal origin, ownership, movement or destination of property so that it appears legitimate.

Money laundering commonly involves placement, where unlawful value enters the financial system; layering, where transactions are used to obscure its origin; and integration, where value is reintroduced as apparently legitimate property.

Terrorist financing means collecting, providing, moving or using funds to support terrorism. The funds may come from lawful or unlawful sources; the risk may concern their intended destination or use.

Related financial crime includes fraud, corruption, bribery, sanctions evasion, identity theft, trafficking, cybercrime, tax crime and proliferation financing.

Management is responsible for maintaining proportionate policies, controls, risk assessments, monitoring, escalation routes, independent review and adequate resources for AML and KYC compliance.

A designated compliance function oversees Client due diligence, sanctions and PEP screening, transaction-monitoring alerts, internal reports, record keeping and contact with competent authorities where required.

Every employee handling Clients, accounts, trading, payments or personal data must understand the controls relevant to the role, promptly escalate unusual activity and preserve confidentiality.

OptigoBroker may use qualified identity-verification, sanctions-screening, blockchain-analysis, fraud-prevention and payment-service providers. Use of a provider does not remove OptigoBroker's responsibility to make its own risk decisions.

Each Client and business relationship may be assigned a risk level using factors such as residence, nationality, occupation, source and destination of funds, payment method, expected activity, transaction behaviour, products used, device information and links to higher-risk persons or jurisdictions.

Higher-risk relationships receive enhanced checks and closer monitoring. Lower-risk treatment may be applied only where permitted and supported by documented risk factors.

Risk assessments are reviewed periodically and when material events occur, including a change of personal data, unusual deposits or withdrawals, sanctions developments, adverse information, account takeover indicators or a substantial change in activity.

The Client must provide accurate full name, date of birth, nationality, residential address, telephone number, email address and other information requested during registration or review.

OptigoBroker may require a valid passport, national identity card, driving licence or another reliable government-issued identity document. Address may be verified using a bank statement, utility bill, government correspondence or another reliable record.

Verification may include document-authenticity checks, facial comparison, liveness testing, a photograph or video of the Client holding an identity document, a telephone call, database checks and confirmation with an issuing authority where lawful.

Documents must be clear, complete, unaltered and current. OptigoBroker may require certified, notarised or translated copies where authenticity, language, jurisdiction or risk makes this reasonably necessary.

Verification may be required before live trading, before or after a deposit, before a withdrawal, when information changes, when risk increases or at any other point required by law or internal controls. A previous verification does not prevent a later request for updated information.

If OptigoBroker permits an account for a company, partnership, trust or other organisation, it will verify the entity's legal existence, registered address, business activity, directors or controllers, authorised representatives and ownership structure.

The identity of each ultimate beneficial owner will be established using the threshold required by applicable law or, where no lower threshold applies, a risk-based threshold of 25 percent ownership or control.

Where no individual is identified through ownership, OptigoBroker may identify the person exercising ultimate control or the senior managing official. Bearer-share, nominee or unusually complex structures may be rejected or subjected to enhanced due diligence.

Clients and relevant connected persons may be screened against applicable sanctions lists, terrorism lists, politically exposed person records and credible adverse information at onboarding and on an ongoing basis.

A politically exposed person (PEP) includes a person entrusted with a prominent public function and, where applicable, close family members and known close associates. PEP status does not automatically prohibit an account but normally requires enhanced due diligence and appropriate approval.

OptigoBroker will not knowingly provide services where doing so would breach applicable sanctions. It may reject, freeze, restrict, return or report funds where required by law, without giving notice where notice is prohibited.

Source of funds means the origin of money used for a particular deposit or relationship. Source of wealth means how the Client accumulated total wealth.

OptigoBroker may request employment records, payslips, bank statements, tax records, business documents, sale agreements, inheritance records, investment statements, wallet records or another reliable explanation and supporting evidence.

A Client must not deposit money belonging to an undisclosed third party or act as a payment intermediary. Inconsistent, circular, unexplained or economically unreasonable movement of funds may lead to enhanced review or restriction.

Deposits and withdrawals should use payment instruments held in the verified Client's name. Third-party cards, bank accounts, wallets or payment credentials may be rejected, returned or investigated.

Withdrawals will normally be returned to the original funding source or another verified method belonging to the Client where the original method cannot receive funds. OptigoBroker may require full verification before processing a withdrawal.

Splitting transactions to avoid a limit or check, repeated deposits followed by rapid withdrawal with little genuine trading, unexplained chargebacks, use of many unrelated methods and transfers between linked accounts may be treated as risk indicators.

Payment limits, holds or requests for evidence may be applied while an AML, fraud, sanctions or ownership review is pending. Legitimate cleared funds remain subject to the outcome of required checks and lawful restrictions.

Where virtual-asset payments are available, the Client may be required to demonstrate control of the originating or destination wallet and provide transaction hashes, wallet screenshots or supporting exchange records.

OptigoBroker may screen blockchain addresses and transactions for links to sanctions, stolen assets, darknet markets, fraud, ransomware, mixers, high-risk services or other illicit activity.

A crypto payment may be rejected, held, returned where technically and legally possible, or reported when its source, ownership or risk cannot be satisfactorily established.

OptigoBroker may monitor registration information, logins, devices, trading behaviour, deposits, withdrawals, bonuses, chargebacks and linked accounts to determine whether activity is consistent with the Client's known profile and stated source of funds.

Unusual activity may include rapid pass-through of funds, multiple identities, device or payment sharing, unexplained geographic changes, account takeover indicators, coordinated accounts, forged documents or activity lacking an apparent lawful purpose.

Employees must promptly submit internal reports of suspicious activity. OptigoBroker may make a report to a competent authority where required or permitted by law.

OptigoBroker and its personnel will not disclose that a suspicious-activity report has been made or that an investigation is underway where such disclosure would constitute unlawful tipping off.

Enhanced due diligence may include additional identity evidence, video verification, senior approval, more detailed source-of-funds or wealth evidence, explanation of transactions, verification of occupation or business, and increased monitoring.

Enhanced measures may apply to PEPs, higher-risk jurisdictions, complex ownership, high-value or unusual activity, adverse information, non-face-to-face risks, virtual-asset exposure or another elevated risk.

If sufficient information cannot be obtained, OptigoBroker may decline onboarding, prevent deposits or trading, delay a withdrawal where lawful, restrict functionality or terminate the relationship.

The Client must promptly update any change to name, address, nationality, telephone number, email, tax residence, occupation, payment ownership or other material registration information.

For a security-sensitive change, OptigoBroker may require proof of the new information, renewed identity verification and a photograph or video check. Changing a telephone number may require proof that the Client controls the new number.

The Client is responsible for the authenticity and accuracy of all information and documents submitted. OptigoBroker may validate documents with the issuing authority or another reliable source where lawful.

Submitting forged, altered, stolen or misleading material may result in rejection, restriction, termination, preservation of evidence and disclosure to competent authorities where required.

OptigoBroker may refuse registration, decline a transaction, limit payment methods, suspend trading, hold an operation for review or close an account when required to manage AML, terrorist-financing, sanctions, fraud or identity risk.

OptigoBroker may request information before explaining the full reason for a restriction and may withhold information where disclosure would prejudice an investigation or violate law.

Account closure does not prevent the retention of records, completion of lawful reporting, recovery of fraud or chargeback losses, or return of verified cleared funds when legally permitted.

Identity evidence, account records, risk assessments, screening results, communications, payment records, trade records, monitoring alerts and investigation decisions will be retained for at least five years after the relationship ends or longer where applicable law, litigation, an investigation or a lawful request requires.

AML and KYC information is processed for identity verification, security, fraud prevention, legal compliance and protection of Clients and the platform. Further details are provided in the Privacy Policy.

Access to AML and KYC records is limited to authorised personnel and service providers with a legitimate need, subject to security and confidentiality controls.

New relevant employees must receive AML and KYC training as part of onboarding. Personnel with ongoing responsibilities receive refresher training at least annually and targeted training when risks, laws, products or duties change.

Training covers identification, sanctions and PEPs, suspicious activity, payment and virtual-asset risks, escalation, record keeping, confidentiality and prevention of tipping off.

The AML and KYC programme will be reviewed periodically and updated to reflect the services offered, identified risks, applicable requirements and weaknesses found through monitoring or testing.

The Client must respond to a reasonable information request within the time stated in the request. Failure to respond, incomplete evidence or an unsatisfactory explanation may result in restrictions or closure.

OptigoBroker will not accept a payment or document as verified merely because it was previously accepted by a bank, exchange, payment provider or another broker.

Website: optigobroker.com

AML/KYC support: support@optigobroker.com

This Policy should be read with the Terms and Conditions, Privacy Policy and Payment Policy.