We take the security of our clients' accounts very seriously. Therefore, we require all our users to complete a verification process before starting to trade with us. Why is account verification necessary? In this article, we will explain the reasons behind this process and how it protects both you and your funds.
First of all, account verification is a regulatory mandate. As a regulated business, we must comply with strict anti-money laundering (AML) and know-your-customer (KYC) laws and regulations. These regulations require us to verify the identity and address of all our customers to prevent fraud, money laundering and other illegal activities.
Additionally, verifying your identity allows us to protect your account from unauthorized access. By confirming your identity, we can ensure that only you can access your account, keeping your funds safe. This is especially crucial to prevent someone from trying to access your account by impersonating you.
Account verification also helps us provide you with better service. By knowing more about you and your needs, we can provide you with personalized support and advice to help you achieve your financial goals.
In short, account verification is vital to comply with regulations, ensure your protection, and improve the quality of our service. If you have any questions or need help during the verification process, please feel free to contact our support team. We are here to assist you!