Anti-Money Laundering (AML) Policy Statement

Issued by UpForex Ltd.

UpForex Ltd. is fully committed to the prevention of money laundering and the financing of terrorism. We adhere to international standards and applicable legal requirements to detect, deter, and report suspicious financial activities.

Our Commitments
1. Compliance with Regulations

UpForex Ltd. strictly complies with all anti-money laundering (AML) and counter-terrorist financing (CTF) regulations in the jurisdictions in which we operate.

2. Know Your Customer (KYC) Procedures

We require all clients to complete a thorough verification process, including providing valid identification documents, proof of address, and other necessary information. Enhanced due diligence is applied for higher-risk clients, transactions, or jurisdictions.

3. Monitoring and Reporting

All transactions are monitored for suspicious activity, including irregular trading patterns and large or unusual withdrawals or deposits. Any suspicious transactions are promptly reported to the relevant authorities as required by law.

4. Risk-Based Approach

We apply a risk-based approach to AML/CTF compliance by assessing the potential risks associated with client profiles, jurisdictions, and transactions.

5. Employee Training

All employees are regularly trained to identify, prevent, and report suspicious activities in accordance with AML regulations.

Client Responsibility

Clients must ensure that all funds deposited into their trading accounts are derived from legitimate sources.

It is strictly prohibited to use UpForex accounts for illegal activities, including money laundering or terrorism financing.

Zero Tolerance Policy

UpForex Ltd. has a zero-tolerance policy toward money laundering and reserves the right to refuse or terminate accounts where activities are suspected to contravene AML/CTF regulations.

Safeguarding the Financial System

Our commitment to AML compliance is part of a broader effort to maintain the integrity of the financial system and to ensure a safe and transparent trading environment for all our clients.

By using our services, clients acknowledge and agree to comply with UpForex Ltd.’s AML policies and procedures.

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Up Forex Ltd is registered in Saint Lucia under Company Registration No. 2024-00700.
Disclaimer:
Risk statement: An investment in derivatives may mean investors may lose an amount even greater than their original investment. Anyone wishing to invest in any of the products mentioned in https://upforex.com should seek their own financial or professional advice. Trading of securities, forex, stock market, commodities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Trading in the financial markets has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the markets. Don't invest and trade with money which you can't afford to lose. Forex Trading are not allowed in some countries, before investing your money, make sure whether your country is allowing this or not.
You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of UP FOREX LTD or any of its affiliates, directors, officers or employees.
Restricted Regions: UP FOREX LTD does not provide services for citizens/residents of the United States, Cuba, Iraq, Myanmar, North Korea, Sudan. The services of UP FOREX LTD are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
OR
Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.