GET 40% OFF Everything + 200% REFUND + 100% PROFIT SHARE & 5% PROFIT MADE FROM YOUR CHALLENGE! (End Date: 31st July)
Use Code on Checkout: FYT40
GET 40% OFF Everything + 200% REFUND + 100% PROFIT SHARE & 5% PROFIT MADE FROM YOUR CHALLENGE! (End Date: 31st July)
Use Code on Checkout: FYT40
This Anti-Money Laundering (AML) Policy is established to ensure that “Funding Your Trades”, a USA-based Forex Proprietary Trading Firm, complies with all applicable laws and regulations related to anti-money laundering, counter-terrorism financing, and sanctions. The policy outlines the company’s commitment to preventing money laundering activities and sets guidelines for employees, contractors, and other relevant parties to follow.
The primary objective of this AML Policy is to detect, prevent, and report any suspicious activities related to money laundering, terrorism financing, or any other illicit financial activities. “Funding Your Trades” is dedicated to maintaining the integrity of the financial system and ensuring its services are not misused for unlawful purposes.
“Funding Your Trades” shall designate an AML Compliance Officer responsible for overseeing the implementation and effectiveness of this AML Policy. The AML Compliance Officer will have the authority to take necessary actions and report directly to senior management and the Board of Directors.
4.1. Know Your Customer (KYC): The firm shall conduct thorough customer due diligence during onboarding and periodically review existing clients. This includes obtaining and verifying customer identification information, understanding the customer’s source of funds, and assessing the risk associated with each client.
4.2. Enhanced Due Diligence (EDD): For high-risk clients, politically exposed persons (PEPs), and clients from high-risk jurisdictions, additional enhanced due diligence measures shall be applied.
5.1. Internal Reporting: All employees and relevant parties are required to promptly report any suspicious activities or transactions to the AML Compliance Officer. This includes unusual transaction patterns, large or frequent cash transactions, or any behavior that raises AML concerns.
5.2. Whistleblower Protection: “Funding Your Trades” shall ensure that individuals reporting suspicious activities are protected from any retaliation or adverse actions.
The firm shall maintain accurate and up-to-date records of customer identification, transaction details, and all related documents in compliance with Canadian AML regulations. These records shall be kept for a minimum period as required by law.
All employees and relevant parties involved in financial services shall receive regular AML training. This training will educate them about the importance of AML compliance, how to identify suspicious activities, and the company’s procedures for reporting such activities.
“Funding Your Trades” shall adhere to all Canadian and international sanctions programs. This includes monitoring and screening transactions and clients against relevant sanctions lists to ensure compliance.
The AML Compliance Officer shall conduct periodic risk assessments and reviews of the AML Policy’s effectiveness. Any necessary updates or improvements shall be made based on the findings of these assessments.
Non-compliance with this AML Policy or any AML-related laws and regulations may lead to disciplinary actions, including termination of employment or business relationships, as well as potential legal consequences.
11.1. Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA): “Funding Your Trades” shall comply with the PCMLTFA, which includes obligations for customer identification, record-keeping, reporting of suspicious transactions, and reporting large cash transactions.
11.2. Financial Transactions and Reports Analysis Centre of Canada (FINTRAC): “Funding Your Trades” shall register with FINTRAC as required under the PCMLTFA and provide necessary reports and information to the agency.
11.3. Canadian Sanctions Laws: “Funding Your Trades” shall comply with the Special Economic Measures Act (SEMA) and the United Nations Act (UNA), which impose restrictions on financial transactions with sanctioned countries, individuals, and entities.
By adhering to this Anti-Money Laundering Policy, “Funding Your Trades” aims to contribute to a safe and transparent financial environment. All employees and relevant parties are expected to understand and comply with this policy to prevent and detect any potential money laundering or illicit financial activities within the company’s operations.
This AML Policy shall be reviewed and updated regularly to reflect changes in regulations and best practices and to ensure ongoing compliance with Canadian laws and regulations.
In accordance with applicable Canadian laws, “Funding Your Trades” (FYT) must verify your identity before allocating company capital to any individuals as a contractor. There are various ways to verify your identity, but we usually confirm a person’s identity with a photo ID and proof of address.
A valid photo ID may either be a (1) passport or (2) government-issued ID, such as a driver’s license. Please ensure that the photo ID shows your full name and date of birth. Any missing information may disqualify you from opening an account with FYT.
A valid proof of address comes in many forms. The following is a list of documents that are acceptable forms of proof of address:
Note that any of the aforementioned proof of identity documents must be current. Any document that is expired or more than three (3) months old will not be accepted. Additionally, any document with the individual’s name and a P.O. Box address will not be accepted.
However, should you have trouble accessing or having possession of any of the documents listed above, please contact us so we can assist further. We may be able to accept the certificate of citizenship. Documents must be in English. If documents are in another language, FYT reserves the right to require the document to be translated in English alongside the original document.
FYT performs actions to adhere to applicable laws and regulations. It does not accept cash deposits nor does it disburse cash under any circumstance. Furthermore, FYT does not accept third-party deposits of any kind. FYT reserves the right to refuse processing of a transaction along any stage where it believes that the transaction is or may be associated with unlawful, illegal, or willful misconduct that may lead to money laundering crimes or criminal activity. Should there be suspicion or a determination that the account holder is engaged in criminal activity, FYT is not obligated to inform the client if suspicious activity is reported to any regulatory or legal body of the government.
2024 © Copyright – fundingyourtrades.com – holds zero control over pricing, slippage, or any other buying/selling related occurrences.
Refund Policy: You pay a one-time fee for access to our Simulated Trading Services. The provision of these services, including simulated trading accounts and related evaluations, is instantaneous. Due to the immediate nature of these services, we do not offer refunds for processed or used services. All transactions are final.
By purchasing simulated trading services through FUNDINGYOURTRADES.COM, you acknowledge and agree that refunds will not be provided.
Important: FYT is not a financial institution. This website does not promote or sell any financial products or services. Clients are provided with demo accounts that contain simulated funds for trading activities. Please note that all client trading operations are conducted in a simulated environment.
Risk warning: We don’t believe in “get rich quick” systems. Speculative trading (in particular) has large potential rewards, but also large potential risks. Leverage is a double-edged sword, and high degree’s of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. “Funding Your Trades” provides general advice that does not take into account your personal and individual objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your initial investment, and therefore, you should not trade with capital that you cannot afford to lose. If you have any doubts or concerns, “Funding Your Trades” recommends you seek advice from an independent financial advisor. Please do not trade with borrowed money or money you cannot afford to lose, and keep in mind that past performance is no indication of future results.
Disclaimer: Trading can contain substantial risk and is not suited for every investor. An investor could potentially lose all or more than its initial investment. The leveraged transactions are risky and are not suitable for everyone. You can lose money trading the financial markets. Profit is not guarantee. Before deciding to invest money, you should consider your investment objectives, level of experience, and risk appetite. Therefore, you should not be trading the financial markets unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss, you should not invest money that you can’t afford to lose. You should be aware of the high level of risk associated with trading the financial markets.
Risk Disclosure: Decisions to buy, sell, hold or trade commodities and other investments involve a risk of substantial losses. The practice of ‘’trading’’ involves particularly high risks and can cause you to lose substantial sums of money. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks.
Past Performance: Past performances are not indicative of future results. Any income claims are typical of top performers and your results will vary. No representation is being made that you will or are likely to make profits or losses similar to those discussed on this website. All statements regarding income, whether expressed or implied, do not represent a guarantee.
The information on this website is provided solely for analysis purposes only and should not be construed as financial, investment, tax, or other advice. Nothing on this website or in our Services represents a solicitation, advice, endorsement, or offer to purchase or sell stocks or other financial instruments by “Funding Your Trades”, its agents, employees, contractors, or any connected entities. You are solely responsible for assessing the benefits and risks associated with the use of any information or other content on the website. All investments include substantial risk, and an individual’s investment decisions are solely his/her obligation. All information on this website is provided “as is”, with no guarantee of completeness, accuracy, timeliness, or of the results obtained from the use of this information, and without warranty of any kind, express or implied. Forex Prop Firm, or its partners, employees, or agents, shall in no way be responsible to you or anyone else for any decision made or action taken in reliance on the information on the website, or for any consequential, special, or similar damages, even if warned of the potential of such damages. Purchases should not be regarded as deposits. All program charges are utilized for working expenses including, however not restricted to, staff, innovation, and other business-related costs. The website fundingyourtrades.com is owned by FYT Technology LLC having physical address of business “134 Yandell Road Canton, MS 39046” & 9452-8635 Quebec Inc. having physical address of business “265 place chatel, Mascouche, J7K0J4, Canada”
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