AML policy
Our commitment to preventing money laundering and the financing of illicit activity.
01Our commitment
ORRAXIS is committed to the highest standards of anti-money-laundering (AML) and counter-terrorist-financing (CTF) compliance, and expects all staff and clients to support that commitment.
02Know Your Customer
We verify the identity of every client before allowing trading or withdrawals — typically a government-issued ID and proof of address. We may request additional documentation at any time.
03Monitoring
Account activity is monitored for unusual or suspicious patterns. Transactions inconsistent with a client's profile may be reviewed, delayed or reported to the relevant authorities.
04Source of funds
We may request evidence of the source of deposited funds. Third-party deposits and withdrawals are not permitted — funds must originate from an account in the client's own name.
05Reporting
Where required by law, we report suspicious activity to the appropriate financial-intelligence authorities, and cooperate fully with lawful investigations.
06Record keeping
Identity and transaction records are retained for the period required by applicable law and regulation.